Yes, paypal will limit your account and you'll be asked to explain 'account activity'. TO why are you receiving a lot of payments with 'friends and family' options. Most likely they will ask proof of fulfillment, invoices, tracking, business information, etc.
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F&F is typically a fast track way of being limited and eventually suspended. Also with usa tax law, any and all income would need to be reported. That doesnt necessarily mean you will pay taxes on it, due to the varies tax laws, but would need to be claimed.
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F&F is typically a fast track way of being limited and eventually suspended. Also with usa tax law, any and all income would need to be reported. That doesnt necessarily mean you will pay taxes on it, due to the varies tax laws, but would need to be claimed.
Thank u, but actually the real progress is that i receive for a friend then cash out and send him the cash money
so no real income for me .. does that change the situation ?
get rid of what?
stop doing a favor for your friend?
Folks do send money to each other via F &F,parents to kids,grown adult children to elderly parents,friends sharing a meal,but I would not do so with large amount and frequently.
Paypal does make money on F&F transfers, only it's the sender who pays the fee not the receiver...
only if you use a credit card,or may be a debit card and foreign currencies ,sending to another country??
It should be stated in Paypal fee schedule,not all F & F is free.
domestic transfers using Paypal fund is free
Last edited by agent006140; 12-21-2019 at 10:59 AM.
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