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-   -   LOL Got to Love it. (https://www.aspkin.com/forums/ebay-discussion/121168-lol-got-love.html)

phaz0rz 10-26-2018 03:11 PM

Re: LOL Got to Love it.
 
Quote:

Originally Posted by SaiJin (Post 952838)

From what I've seen they are just like other processors.


More like, it's going to be how it is with other sites that already use Adyen (etsy, uber, etc..). But yeah I understand what you mean.

Because other processors are the ones that require extensive information about your business and your personal credit during their application process. I applied with Wells Fargo and TSYS and both of them needed a stack of paperwork a half inch thick.

nickopedia 10-26-2018 03:48 PM

Re: LOL Got to Love it.
 
Quote:

Originally Posted by phaz0rz (Post 952816)
I paid my first adyen seller today, I'm pretty sure. It didn't give me a Paypal option and the guy wasn't using a merchant account - so I assume that had to be adyen. He had an obviously phake item listed for an unrealistically low price, with a feedback of 2.

So maybe the approval process isn't going to be so bad. :noidea:

Hmmm, this is interesting.

Typical Merchant Account underwiting is pretty tough, usually involving a credit check and other verifcations so can't use foofoo docs to get approved.

Some other people here have said Adyen takes a couple days to approve, but it's not clear exactly what that process entails. I would assume they are going to at least ask for EIN/SSN and verify that with 3rd party sources. That of course means no "stealth" account(s).

Kajunrook 10-26-2018 06:43 PM

Re: LOL Got to Love it.
 
I finally figured out where you got your handle, you must be 19 with an IQ of 74


Quote:

Originally Posted by ebaystealth1974 (Post 952812)
Yeah, really lol...


SaiJin 10-27-2018 12:11 AM

Re: LOL Got to Love it.
 
Quote:

Originally Posted by phaz0rz (Post 952843)
More like, it's going to be how it is with other sites that already use Adyen (etsy, uber, etc..). But yeah I understand what you mean.

Because other processors are the ones that require extensive information about your business and your personal credit during their application process. I applied with Wells Fargo and TSYS and both of them needed a stack of paperwork a half inch thick.

Hmmm.... I wonder if it's because I have an established business account and I know the bankers. I never had to provide any kind of documents, they just ask me to sign the papers and off I go.

Regardless, I hope adyen won't be like your wells fargo process.
the one thing that does worry me a little is when the CS told me it could take up to 7 days, but she refuses to tell me why and what kind of things they are actually doing that it takes that long.

She said usual turn around time is about 3 days.

mcnol012 10-27-2018 01:14 AM

Re: LOL Got to Love it.
 
It's all about the item, amounts, and quantity

ebaystealth1974 10-27-2018 07:36 AM

Re: LOL Got to Love it.
 
Quote:

Originally Posted by Kajunrook (Post 952874)
I finally figured out where you got your handle, you must be 19 with an IQ of 74

Says the guy who still can't figure out the quote function :lol:

phaz0rz 10-27-2018 08:07 AM

Re: LOL Got to Love it.
 
Quote:

Originally Posted by Kajunrook (Post 952874)
I finally figured out where you got your handle, you must be 19 with an IQ of 74

I thought it was a reference to the Smashing Pumpkins song..

Turns out that song is called "1979" though. :/

Play 10-27-2018 11:32 AM

Re: LOL Got to Love it.
 
Quote:

Originally Posted by Kajunrook (Post 952722)
Well I listed slowly,
1st month $60 in sales

2nd $110

3rd $130

4th $150

Fifth month a guy bought 4 of 4 different items and total was $120, INSTANT LIMITATION

The value was fine. I think the issue must of been the items you were selling potentially being risky from PayPals point of view.


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