| | |
09-05-2017
| Junior Member | | Join Date: Mar 2014
Posts: 198
Thanks: 0
Thanked 13 Times in 11 Posts
Activity: 0% Longevity: 58% | | In a Jam : NEED HELP
I have just been limited with my Paypal account. Have been dropshipping in order to make sales on Ebay. I recently got to the point where I am pulling in around $5000/day in sales, so they must be considering my account a high risk.
Among other things, they are wanting supplier contact, invoices, SSN, photo ID, credit card statements, etc...
As mentioned, I am dropshipping (from Amazon and Wal-Mart). As far as I know, there is no rule against doing that. Customers have been very happy and have been receiving products in just a couple days.
A couple questions in order to get this resolved and my account back in order:
1. How should I provide invoices and supplier contact information given that I am dropshipping?
2. This account used to be in partnership with another person who is no longer involved. How can I provide billing records and a photo ID given that the person who helped open the account isn't part of the business now? Should I just change the contact information to my name, or would that seem odd to Paypal?
|
The complete step-by-step guide to get back to selling today!
| |
09-05-2017
| Junior Member
Threadstarter  
| | Join Date: Mar 2014
Posts: 198
Thanks: 0
Thanked 13 Times in 11 Posts
Activity: 0% Longevity: 58% | | Re: In a Jam : NEED HELP
On a side note : I have about $20,000 stuck right now and counting, so some help would be appreciated so I can stop the bleeding.
|
09-05-2017
| | Executive [VIP] | | Join Date: Sep 2010
Posts: 14,302
Thanks: 1,110
Thanked 4,934 Times in 3,399 Posts
Activity: 0% Longevity: 79% | | Re: In a Jam : NEED HELP Quote:
Originally Posted by supdawg1985 1. How should I provide invoices and supplier contact information given that I am dropshipping? | Well, they aren't going to accept invoices from Walmart or whichever store you use, you are going to have to get creative and make some invoices. Quote:
2. This account used to be in partnership with another person who is no longer involved. How can I provide billing records and a photo ID given that the person who helped open the account isn't part of the business now? Should I just change the contact information to my name, or would that seem odd to Paypal?
| Same answer as above, your gonna have to get creative or find someone to get creative for you.
|
09-05-2017
| Junior Member
Threadstarter  
| | Join Date: Mar 2014
Posts: 198
Thanks: 0
Thanked 13 Times in 11 Posts
Activity: 0% Longevity: 58% | | Re: In a Jam : NEED HELP
Why would they not accept receipts from Amazon or Wal-Mart?
From my understanding, they are concerned about authenticity when they put accounts on hold. Amazon and Wal-Mart are as legitimate as it gets.
Or do they explicitly disallow dropshipping? (I have never seen this policy mentioned anywhere).
|
09-05-2017
| | Executive [VIP] | | Join Date: Sep 2010
Posts: 14,302
Thanks: 1,110
Thanked 4,934 Times in 3,399 Posts
Activity: 0% Longevity: 79% | | Re: In a Jam : NEED HELP Quote:
Originally Posted by supdawg1985 Why would they not accept receipts from Amazon or Wal-Mart?
From my understanding, they are concerned about authenticity when they put accounts on hold. Amazon and Wal-Mart are as legitimate as it gets. | ok, so then use those invoices. Quote:
Or do they explicitly disallow dropshipping? (I have never seen this policy mentioned anywhere).
| They do allow dropshipping but I'm sure with everything there are rules, and exceptions...I just don't know them all well.
|
09-05-2017
| Junior Member
Threadstarter  
| | Join Date: Mar 2014
Posts: 198
Thanks: 0
Thanked 13 Times in 11 Posts
Activity: 0% Longevity: 58% | | Re: In a Jam : NEED HELP
The thing is, I don't want to be dishonest when I should have nothing to hide.
I was just wondering if there were people in similar circumstances on here who dropship and were required to provide invoices.
I suppose they may be concerned about sellers not having stock on hand, but a 6 month track record of customer satisfaction and tracking should quell that concern.
What I am more worried about is the personal information they require to verify the account. Not sure I can get a hold of the old partner that created this account. I'm wondering if I should just tell Paypal that I am the new business contact? I obviously would have no trouble providing the SSN and photo ID at that point.
|
09-05-2017
| | Senior Member | | Join Date: Apr 2013
Posts: 191
Thanks: 31
Thanked 19 Times in 18 Posts
Activity: 0% Longevity: 63% | | Re: In a Jam : NEED HELP Quote:
Originally Posted by supdawg1985 I have just been limited with my Paypal account. Have been dropshipping in order to make sales on Ebay. I recently got to the point where I am pulling in around $5000/day in sales, so they must be considering my account a high risk.
Among other things, they are wanting supplier contact, invoices, SSN, photo ID, credit card statements, etc...
As mentioned, I am dropshipping (from Amazon and Wal-Mart). As far as I know, there is no rule against doing that. Customers have been very happy and have been receiving products in just a couple days.
A couple questions in order to get this resolved and my account back in order:
1. How should I provide invoices and supplier contact information given that I am dropshipping?
2. This account used to be in partnership with another person who is no longer involved. How can I provide billing records and a photo ID given that the person who helped open the account isn't part of the business now? Should I just change the contact information to my name, or would that seem odd to Paypal? | What kind of items did you sell to get PP limited anyway ?
|
09-05-2017
| Junior Member
Threadstarter  
| | Join Date: Mar 2014
Posts: 198
Thanks: 0
Thanked 13 Times in 11 Posts
Activity: 0% Longevity: 58% | | Re: In a Jam : NEED HELP Quote:
Originally Posted by mcnol012 What kind of items did you sell to get PP limited anyway ? | Honestly, I have been selling a wide variety of goods. Electronics, clothes, household items, toys, cleaning supplies, etc...
Basically anything I could find that I could flip for a profit from Amazon to Ebay. I avoid listing anything VERO/Big Brands.
Have 20,000+ listings right now, and I guess it was a matter of time given my growth rate that this would happen.
|
09-05-2017
| Junior Member
Threadstarter  
| | Join Date: Mar 2014
Posts: 198
Thanks: 0
Thanked 13 Times in 11 Posts
Activity: 0% Longevity: 58% | | Re: In a Jam : NEED HELP
I wonder if calling up Paypal and explaining the situation would be a good idea?
|
09-05-2017
| | Executive [VIP] | | Join Date: Sep 2010
Posts: 14,302
Thanks: 1,110
Thanked 4,934 Times in 3,399 Posts
Activity: 0% Longevity: 79% | | Re: In a Jam : NEED HELP Quote:
Originally Posted by supdawg1985 I wonder if calling up Paypal and explaining the situation would be a good idea? | Give it a shot.
|
09-05-2017
| Junior Member | | Join Date: Jan 2017
Posts: 317
Thanks: 10
Thanked 51 Times in 46 Posts
Activity: 0% Longevity: 42% | | Re: In a Jam : NEED HELP
Worth a shot, they frown on not being the owner/listed name on the account though. At that level, it should be a business account tied to a Corp/LLC. Worth calling to see whats up. Worst case is they perm-limit the account and it takes 180 days to get the $ out.
|
09-05-2017
| Junior Member
Threadstarter  
| | Join Date: Mar 2014
Posts: 198
Thanks: 0
Thanked 13 Times in 11 Posts
Activity: 0% Longevity: 58% | | Re: In a Jam : NEED HELP Quote:
Originally Posted by BaggaDonuts Worth a shot, they frown on not being the owner/listed name on the account though. At that level, it should be a business account tied to a Corp/LLC. Worth calling to see whats up. Worst case is they perm-limit the account and it takes 180 days to get the $ out. | It is a business account for an LLC with the EIN number already entered.
Since the old partner/account creator is not involved at the moment, it seems fair that they would understand not being able to provide a photo ID and bank statement for that person.
I think it's a complex enough issue that explaining to somebody would be best.
|
09-05-2017
| | Executive [VIP] | | Join Date: Sep 2010
Posts: 14,302
Thanks: 1,110
Thanked 4,934 Times in 3,399 Posts
Activity: 0% Longevity: 79% | | Re: In a Jam : NEED HELP Quote:
Originally Posted by supdawg1985 it seems fair that they would understand not being able to provide a photo ID and bank statement for that person. | Would love to hear what they have to say about that issue.
|
09-05-2017
| Junior Member
Threadstarter  
| | Join Date: Mar 2014
Posts: 198
Thanks: 0
Thanked 13 Times in 11 Posts
Activity: 0% Longevity: 58% | | Re: In a Jam : NEED HELP
I would instead have to get the main business contact name changed to my name, and then provide the photo ID and bank statement afterwards.
|
09-05-2017
| | Executive [VIP] | | Join Date: Sep 2010
Posts: 14,302
Thanks: 1,110
Thanked 4,934 Times in 3,399 Posts
Activity: 0% Longevity: 79% | | Re: In a Jam : NEED HELP Quote:
Originally Posted by supdawg1985 I would instead have to get the main business contact name changed to my name, and then provide the photo ID and bank statement afterwards. | I can almost guarantee you they will not be changing any names.....
|
09-05-2017
| Junior Member
Threadstarter  
| | Join Date: Mar 2014
Posts: 198
Thanks: 0
Thanked 13 Times in 11 Posts
Activity: 0% Longevity: 58% | | Re: In a Jam : NEED HELP
This is all ridiculous then. It's a legitimate business (LLC and EIN) but the account is going to stay restricted because the business information needs to be updated to accommodate internal changes?
I don't even know why they would bother operating their site if they are going to worry about a business like mine, who has been a great asset and brought nothing but a positive contribution to the site.
|
09-06-2017
| Junior Member
Threadstarter  
| | Join Date: Mar 2014
Posts: 198
Thanks: 0
Thanked 13 Times in 11 Posts
Activity: 0% Longevity: 58% | | Re: In a Jam : NEED HELP
Just called them and this seems like a total non-issue. They instructed me how to change or add a new user to reflect a transition in the operation of the business.
The fact that the old partner is no longer apart of the business is no problem, and a fairly typical situation that they fully understood.
|
09-06-2017
| | Executive [VIP] | | Join Date: Sep 2010
Posts: 14,302
Thanks: 1,110
Thanked 4,934 Times in 3,399 Posts
Activity: 0% Longevity: 79% | | Re: In a Jam : NEED HELP
There you go.
|
09-06-2017
| | Executive [VIP] | | Join Date: Dec 2009
Posts: 76,088
Thanks: 5,945
Thanked 8,937 Times in 8,228 Posts
Activity: 100% Longevity: 83% | | Re: In a Jam : NEED HELP
Also get backup accounts going ASAP - don't rely only on this account
|
09-06-2017
| Junior Member
Threadstarter  
| | Join Date: Mar 2014
Posts: 198
Thanks: 0
Thanked 13 Times in 11 Posts
Activity: 0% Longevity: 58% | | Re: In a Jam : NEED HELP
So for high volume, how exactly can I have a stealth Paypal account?
The one I have right now is legit with an EIN. Without some sort of security number, I would run into constant issues because 200 transactions would occur in no time.
Is there any way to create many Paypal accounts to accommodate high volume of sales ($5000+/day) without resorting to creating businesses with tax IDs?
Last edited by supdawg1985; 09-07-2017 at 03:27 AM.
|
09-06-2017
| | Super Moderator | | Join Date: Jul 2008
Posts: 15,983
Thanks: 323
Thanked 2,553 Times in 2,205 Posts
Activity: 53% Longevity: 91% | | Re: In a Jam : NEED HELP
Nope... you have to spread it out.
Read the stealth guide on this one.
ANd hey, if you are making $5k /day, this is a nice problem to have.
|
09-06-2017
| Junior Member | | Join Date: Sep 2017
Posts: 11
Thanks: 2
Thanked 1 Time in 1 Post
Activity: 0% Longevity: 38% | | Re: In a Jam : NEED HELP Quote:
Originally Posted by SaiJin Nope... you have to spread it out.
Read the stealth guide on this one.
ANd hey, if you are making $5k /day, this is a nice problem to have. |
Depends on his overhead, of course
|
Posting Rules
| You may not post new threads You may not post replies You may not post attachments You may not edit your posts HTML code is Off | | | |