PayPal accounts dropping like flies... some lessons learnt

[TowelKing]

Surprisingly enough with all of the accounts I
created I never had any problems with ebay - but paypal
are limiting my accounts right and left for various reasons,
here are some lessons:

- Sending money: Do not send over $500 in 1 payment in a period of 4 days.
- Do not send money to your supplier from an account you are selling his
merchandise on - mix it up.
- PayPal judges your risk factor not only by the amount of open cases you have but also on the following:

- Chargebacks - even if they are for an unauthorized transaction which is not your fault.
- Refund percentage - keep your refund percentage low, paypal doesn't care
if the buyer made a mistake - a refund is a refund. Do whatever you can to avoid them.

- Phone number: always keep a valid phone number and be ready to answer when they call.

- Withdrawing money: I have never actually been limited for withdrawing money, and I withdraw $2,500 each time. I do make sure to upload tracking numbers to all transactions before withdrawing and waiting at least 30 days before withdrawing it.

Time to open some of my back-up accounts... wish me luck.

[GreenBean]

Sorry you had troubles.

What you spoke about are the basic methods to operating in (successful) stealth mode.

Now move forwards and avoid repeating issues.

Shalom

[mcmx]

What do you think about receiving money?

I'm gonna go from receiving $2-6 payments to $100-200 and in some cases $600-$850 (only 2 or 3 times max. per week though)

All through eBay sales btw (if that makes a difference). The PP accounts will be at least 30-60 days old

[GreenBean]

@mcmx

paypal can react to funds coming in or going out. If all factors are not in order with an account, there may be consideration for limitation.

There are posts about accounts being limited for 'unusal activity' That has turned out to be funds being received.

Be careful

[TowelKing]

Funds coming in: I had one account limited after receiving more than $2,000,
I got it back after I supplied all the necessary information.

From my experience, if you move slow there's is no problem with receiving big payments. My main rule is: In the first 3 months do not receiving over $1000 in a single month. Once all the payment holds are off (which means you do not have a hold on any payment anymore) start raising the amounts you receive - it doesn't even has to be a small increment. You can go from $1,000 to $3,000 and then to $6,000 and then to $10,000. The first 3 month are the crucial ones.

[stanislav]

Originally Posted by mcmx

What do you think about receiving money?

I'm gonna go from receiving $2-6 payments to $100-200 and in some cases $600-$850 (only 2 or 3 times max. per week though)

All through eBay sales btw (if that makes a difference). The PP accounts will be at least 30-60 days old

LV wink wink