Paypal 10k limit
Hey guys I run a non stealth digital sales busness . Fully licenced with a EIN and LLC . Been open for sales for just about a month so far and things are going well in terms to growth of sales .
For a bit if background this account is over 2 years old but has never had this volume through it but the LLC info / EIN has never changed.
Last month I got an email saying that all orders over 10k would be placed on hold for 21 days unless I submitted shipping info. Since all my products are deliverd via email once payment clears this is not an option for me .
I submitted a request for it to be increased to 20k but was denied .
Further more a week ago I was placed on a hold that limited withdrawals and sending of funds untill I provided ID , busness information , proof of fulfillment and purchase receipts, I was able to get that limit removed very fast and only took about 40 hours after I submitted it to be removed .
I am still being limited by having any sales over 10k being placed on a hold for 21 days unless the buyer confirms they received there good and frankly almost no one does that .
My question is how long does it take on average to get this limit increased? And is there a better way to get it done then just requesting an increase via there form ? Should I contact suport ? Call in ?
Thanks experts !
|