Look People Paypal uses a Fraud protection System that is VERY Complicated, They have "Bots" that are programed to flag accounts for a Mulitude of reasons. Accounts can get Limited for ALL of the folowing reasons: Selling to fast, Spike in the "Average Amount of each transaction, Withdrawal limitations, (Both Known and Unkown), Activity Level Spikes, High Risk Sales, PURCHASING History It is a FACT that there are Limitation Triggers set for ALL of those reasons, and there is MORE.
So, For example, an Ebay seller with a Paypal account Verified with a Bank Account and Debit Card Whose average Transaction is about $100.00 per Transaction selling "low risk" items Has a Monthly withdrawal Limit of XXXXX ( I do not Know what the exact Amount is, I have been trying to figure that out for YEARS, but I Do Know that it EXISTS!!!)
Take the EXACT Same Account senario and change the Verification Part by substituting a Social Security Number instead of the Debit Card and you wind up with a MUCH Higher Withdrawal Limit (BUT You will Still Have a LIMIT)
In FACT Every time there is a Change in that Original account Senario the direct result will be a Limitation Requesting More information AND Change in your Withdrawal Limit.
I Know that Paypal says that Verified Accounts have No Withdrawal Limits, But that is a Load of Crap, if you read the Paypal user Agreement it Basically says that in order to provide better security for all Paypal users, that Paypal can limit your account and ask for additional information ANYTIME.
So when you call and complain about the limitation Paypal will tell you that it is NOT the amount of Money but for additional Security, Yea Right.
It is However Possible to have an account that I Believe will Not suffer anymore Limitations, I have such an account, this account is 100% Legit, and a Corporate account that is now 8 years old, and over the years I have provided Paypal with EVERYTHING YOU COULD POSSIBLY IMMAGINE and then some, Personal Social Security Number, Federal Tax ID Number (A Coporate version of a Social Security Number) State Tax Resale Certificates, Bank Accounts, Debit Cards, Invoices, Drivers Licence, PHOTO COPIES of all of the Above, and MORE.
The reason that I believe that this account is Truly Unlimited is because after my last limitation and document submission session with Paypal (about 3 Years ago) I was approved to use a Paypal feature called a "Balance Manager" which allows me to set up my Paypal account for automatic transfers to my bank account in a variety of ways. I Have NEVER Had a Problem Since, and i have had some SERIOUS Sales Spikes in that time.
So in essence if someone using Paypal selling items that go for about 100.00 each and sell about 20 per week starts selling Mac Books for 2000.00 each In my Opinion WILL have a Paypal Problem---No Question.
Last edited by slapped; 06-07-2010 at 10:16 AM.
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