How stable will my business account be? - eBay Suspended & PayPal Limited Forums
eBay Suspension & PayPal Limited Forums  
Join Today
Register Subscribe
     

Registration is fast, simple and absolutely free so please, join our community today!


Go Back   Home > Marketplace Discussions > PayPal Talk > Paypal Limited

Paypal Limited PayPal Limited Account A general forum on PayPal limitations and how to either lift them or create new accounts.

Reply
 
Thread Tools
  #1  
Old 03-08-2016
Junior Member
 
Join Date: Feb 2016
Posts: 21
Thanks: 0
Thanked 0 Times in 0 Posts
Activity: 0%
Longevity: 27%
iTrader: (0)
Default How stable will my business account be?

So i had a personal account which got limited due to several transactions of friends and family. What i did was offer services through a video game in exchange for a payment through paypal. So since I can't get that account unlimited, i have since made a business account, verified with an ssn and a bank account. However, I made up the business name and this isn't a licenced business or anything. I am now taking payments through sending people invoices and having them pay me through that. Is there any risks i should know about before I further proceed with this business account? Such as what will happen when/if they limit me?
Reply With Quote
The complete step-by-step guide to get back to selling today!

  #2  
Old 03-08-2016
Junior Member
Threadstarter  
 
Join Date: Feb 2016
Posts: 21
Thanks: 0
Thanked 0 Times in 0 Posts
Activity: 0%
Longevity: 27%
iTrader: (0)
Default Re: How stable will my business account be?

anyone i need insight
Reply With Quote
  #3  
Old 03-09-2016
Subscribed [VIP]
 
Join Date: Feb 2016
Posts: 41
Thanks: 0
Thanked 3 Times in 3 Posts
Activity: 0%
Longevity: 27%
iTrader: (0)
Default Re: How stable will my business account be?

So, let me get this straight. You made a ⊗⊗⊗⊗ Business PayPal, with a ⊗⊗⊗⊗, unregistered business name, and I'm assuming ⊗⊗⊗⊗ SSN (although to be fair possibly not). Heres the risks you should be worried about, you WILL be limited. When your limitation happens, (which it will), it will be permanently limited. Your bank, SSN, Card, phone, etc will become rendered unusable.

Register an LLC if you want a business PayPal, and apply for an EIN. If you want to use a business PayPal, you need to do it right. I'm surprised you got this far.
Reply With Quote
The Following User Says Thank You to NadlesKVs For This Useful Post:
  #4  
Old 03-09-2016
spindoctor's Avatar
Senior Member
 
Join Date: May 2015
Posts: 514
Thanks: 195
Thanked 148 Times in 108 Posts
Activity: 26%
Longevity: 34%
iTrader: (0)
Default Re: How stable will my business account be?

Going by what your saying, i reckon your account is as stable as a table with one leg.
Reply With Quote
  #5  
Old 03-17-2016
Senior Member
 
Join Date: Jul 2011
Posts: 314
Thanks: 15
Thanked 70 Times in 38 Posts
Activity: 0%
Longevity: 64%
iTrader: (0)
Default Re: How stable will my business account be?

you're fine.. dont listen to these two guys lol as long as you dont get a ton of chargebacks or anything sketchy happen on the accounts it should work perfectly fine. you should create maybe a payment link you can send your customers to pay you.
Reply With Quote
  #6  
Old 03-17-2016
spindoctor's Avatar
Senior Member
 
Join Date: May 2015
Posts: 514
Thanks: 195
Thanked 148 Times in 108 Posts
Activity: 26%
Longevity: 34%
iTrader: (0)
Default Re: How stable will my business account be?

Quote:
Originally Posted by cmbhuy View Post
you're fine.. dont listen to these two guys lol as long as you dont get a ton of chargebacks or anything sketchy happen on the accounts it should work perfectly fine. you should create maybe a payment link you can send your customers to pay you.

Erm.... Okay! If you say so!
Reply With Quote
  #7  
Old 03-20-2016
Nephilim
 
Posts: n/a
Activity: 0%
Longevity: 0%
Default Re: How stable will my business account be?

Quote:
Originally Posted by NadlesKVs View Post
So, let me get this straight. You made a ⊗⊗⊗⊗ Business PayPal, with a ⊗⊗⊗⊗, unregistered business name, and I'm assuming ⊗⊗⊗⊗ SSN (although to be fair possibly not). Heres the risks you should be worried about, you WILL be limited. When your limitation happens, (which it will), it will be permanently limited. Your bank, SSN, Card, phone, etc will become rendered unusable.

Register an LLC if you want a business PayPal, and apply for an EIN. If you want to use a business PayPal, you need to do it right. I'm surprised you got this far.
I second this as well.
Reply With Quote
  #8  
Old 03-20-2016
rsot's Avatar
Executive [VIP]
 
Join Date: Dec 2009
Posts: 57,920
Thanks: 4,602
Thanked 7,056 Times in 6,427 Posts
Activity: 100%
Longevity: 76%
iTrader: (7)
Default Re: How stable will my business account be?

Quote:
Originally Posted by Rorizm View Post
anyone i need insight
Never be this demanding on the forums again Rorizm - 3 hours is hardly a long time
Reply With Quote
  #9  
Old 03-21-2016
Senior Member
 
Join Date: Jan 2016
Posts: 80
Thanks: 5
Thanked 14 Times in 10 Posts
Activity: 3%
Longevity: 28%
iTrader: (0)
Default Re: How stable will my business account be?

Rorizm, i'd think about closing this down before you burn your SSN unless it's ⊗⊗⊗⊗.

If it's not limited then you should be able to close the account without issue and then open an account as previously mentioned.
Reply With Quote
Reply



Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Stable Account Switching to Business EIN gotta_get_back_to_selling eBay Discussion! 3 04-09-2014 11:05 PM
Setup On Dongle Then Move To Over VPS When Acc't Is Stable ? metatrade Amazon 7 09-21-2013 09:10 AM
E-bay stable business: Can it be done on stealth mode? Etycoon Subscriber Discussions 7 01-31-2013 10:41 PM
Received MC010, Called, then got MC012...Am I More Stable? ibanez13 eBay Suspensions 8 12-05-2010 03:00 AM
Business Bank Account and the Visa Business Card it comes with for Ebay/Amazon Verify jollyroger Credit Card Alternatives 2 11-01-2010 03:42 PM


Aspkin Group

All times are GMT -5. The time now is 11:19 AM.


Stop the guessing games and learn how you can quickly and easily get back on eBay today!
Read the best selling step-by-step eBay Suspension guide eBay Stealth!
Amazon Suspension? Read Amazon Ghost to get back on Amazon!
vBulletin® Copyright ©2000 - 2019, Jelsoft Enterprises Ltd.
Ad Management by RedTyger
no new posts