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- PayPal Talk
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Breakthecycle2 | 04-21-2017 07:19 PM | Paypal business account monthly release amounts Is anyone still getting a "monthly release" amount? |
zacksmithhai | 04-22-2017 12:35 AM | Re: Paypal business account monthly release amounts verify ur bank or cc or ssn, they will lift that limit automatically
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Breakthecycle2 | 04-22-2017 02:12 AM | Re: Paypal business account monthly release amounts Quote:
Originally Posted by zacksmithhai
(Post 843399)
verify ur bank or cc or ssn, they will lift that limit automatically
Sent from my iPhone using Tapatalk | ano. I'm talking about the set amount they give you before they place holds on funds. |
wtfebay | 11-03-2017 10:26 AM | Re: Paypal business account monthly release amounts Does Paypal still do this on business accounts? Haven't made one in a while. |
phaz0rz | 11-03-2017 11:10 AM | Re: Paypal business account monthly release amounts Quote:
Originally Posted by wtfebay
(Post 881875)
Does Paypal still do this on business accounts? Haven't made one in a while. | Last I checked they still apply these holds - and from a security perspective I don't see any reason for them to stop applying these holds. This is Paypal's way of keeping business accounts from running off with thousands of $'s of fraudulent funds before buyer's have a chance to start complaining.
With that being said I think the "release amount" on new business accounts is a permanent feature and won't be going away any time soon (ever, really).
It's always better to upgrade from personal anyway. |
wtfebay | 11-03-2017 04:11 PM | Re: Paypal business account monthly release amounts Well I know they will probably all have some sort of release limit, but I was wondering whether or not they have the different limits still from the get-go. |
phaz0rz | 11-03-2017 04:21 PM | Re: Paypal business account monthly release amounts They base it off of how risky they think you are based on your first couple of sales. Usually you get instant access to the first couple of payments, then they decide what kind of release amount you'll have. |
wtfebay | 11-03-2017 04:23 PM | Re: Paypal business account monthly release amounts Standard seems to be 100 or 500...I've had higher in the past, but I haven't made a business account in a long while. |
phaz0rz | 11-03-2017 04:26 PM | Re: Paypal business account monthly release amounts That's really low, lol. I don't think that's standard for everyone's sales patterns.
Last business account I started from scratch was 3yrs ago and had a $1200 release. |
Breakthecycle2 | 11-03-2017 07:33 PM | Re: Paypal business account monthly release amounts Quote:
Originally Posted by phaz0rz
(Post 881931)
That's really low, lol. I don't think that's standard for everyone's sales patterns.
Last business account I started from scratch was 3yrs ago and had a $1200 release. | I haven't gotten any from April to June. Haven't made any since. |
wtfebay | 11-04-2017 12:25 PM | Re: Paypal business account monthly release amounts Quote:
Originally Posted by phaz0rz
(Post 881931)
That's really low, lol. I don't think that's standard for everyone's sales patterns.
Last business account I started from scratch was 3yrs ago and had a $1200 release. | They USED to start with different amounts...I had one that had a $30,000 release limit to start with. I posted about it somewhere on this board. Things started changing after that and the ones I ended up creating were 100 or 500. The thing I don't like about doing business accounts is that anything above your release limit is held for 21 days. Regardless if your item was delivered, feedback left, etc. |
phaz0rz | 11-04-2017 01:01 PM | Re: Paypal business account monthly release amounts Quote:
Originally Posted by wtfebay
(Post 882105)
They USED to start with different amounts...I had one that had a $30,000 release limit to start with. I posted about it somewhere on this board. Things started changing after that and the ones I ended up creating were 100 or 500. The thing I don't like about doing business accounts is that anything above your release limit is held for 21 days. Regardless if your item was delivered, feedback left, etc. | Yeah, I know. I've griped about that before also. It makes zero sense for businesses to have to wait 3 weeks to get access to funds post-release amount, while personal accounts get access after a week. If you're legitimately trying to start an online business with a new business Paypal account, forget about trying to build up any kind of inventory for at least the first 6 months. |
wtfebay | 11-04-2017 01:15 PM | Re: Paypal business account monthly release amounts Exactly...personal accounts get access 3 days after delivery (for new accounts or accounts with holds). Business has to wait 21 days. Why? No clue. |
ebaystealth1974 | 11-04-2017 01:47 PM | Re: Paypal business account monthly release amounts Is this for new accounts, MADE as business accounts... or what? |
wtfebay | 11-04-2017 02:59 PM | Re: Paypal business account monthly release amounts Quote:
Originally Posted by ebaystealth1974
(Post 882120)
Is this for new accounts, MADE as business accounts... or what? | Yes, brand new accounts that are created as business accounts. |
ebaystealth1974 | 11-04-2017 03:01 PM | Re: Paypal business account monthly release amounts Ok, thanks. I'll definitely not be doing one of those! | All times are GMT -5. The time now is 02:39 AM. | |
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