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-   -   Canadian Paypal Limits (https://www.aspkin.com/forums/canada-ebay-discussions/138722-canadian-paypal-limits.html)

sqrl57 09-03-2020 02:38 AM

Canadian Paypal Limits
 
What are the limits for a personal and business account for Canadian paypal. I know for U.S Paypal it is 20,000/200 sales.

Also, to operate a stealth paypal business account what can paypal possibly request, for the states it is EIN but I am not sure for Canada.

Would appreciate it if anyone can explain this to me, thanks!

Thromparsus 09-03-2020 02:50 AM

Re: Canadian Paypal Limits
 
There are no limits for Canadian PayPals. As far as I know, only US and EU account shave any type of limits.

You don't need anything special to open and operate a business account; you won't be asked for any extra "real world" identifying information.

rsot 09-03-2020 06:26 AM

Re: Canadian Paypal Limits
 
Quote:

Originally Posted by Gill789 (Post 1113239)
What are the limits for a personal and business account for Canadian paypal. I know for U.S Paypal it is 20,000/200 sales.

Also, to operate a stealth paypal business account what can paypal possibly request, for the states it is EIN but I am not sure for Canada.

Would appreciate it if anyone can explain this to me, thanks!

While there are no limits as Thromparsus indicated, PP does still monitor the sales velocity and there is an "equivalent request" for ID and info at 20k/200 sales, whether the limit is reached or PROJECTED limit is seen by system.

Thromparsus 09-03-2020 06:52 AM

Re: Canadian Paypal Limits
 
Quote:

Originally Posted by rsot (Post 1113256)
While there are no limits as Thromparsus indicated, PP does still monitor the sales velocity and there is an "equivalent request" for ID and info at 20k/200 sales, whether the limit is reached or PROJECTED limit is seen by system.

Since when? I've never seen anyone report that for CA accounts.

rsot 09-03-2020 07:11 AM

Re: Canadian Paypal Limits
 
Quote:

Originally Posted by Thromparsus (Post 1113268)
Since when? I've never seen anyone report that for CA accounts.

Not a lot of ppl post about Canadian accounts but I have personally had a velocity check in 2011/2012.

I have also had a high end sales account that went way over 20k (circa 2013) get hit with ID request.

It is possible that things have changed though so that's a caveat.

jackreacher 12-14-2020 10:17 AM

Re: Canadian Paypal Limits
 
I thought cad business now has to send pp its tax returns or similar?


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