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I can make 10K+ a day/ but always payment problems...suggestions?
 

Hi All,
I barely post but I need some advice ASAP. I can easily make over 10k a day with my websites. I build websites and advertise using Google. Making money, getting traffic/customers, finding hot products, reliable suppliers etc isn't a problem and actually comes second nature to me now. I'm able to build sites in one day because I've been doing it for so long. Normally I use a stealth Paypal to accept payments and spread sales over a few accounts but it's starting to become difficult as it always does during this time of year because of all the holiday shoppers. Meaning, I'm getting way more sales than the stealth Paypal accounts can endure so soon because they are not aged and no history. Many times I get 21 day holds right away. I also know that I should have prepared earlier this year for the holidays but I didn't.

I know that with new stealth accounts you have to move very slow but I don't have time to move so slow with the holiday rush that is approaching and will lose out on the opportunity to make a massive amount of money if I keep playing with amateur stealth Paypal accounts. I also know that a merchant account is a good option but even with a merchant account it isn't good to get a large volume of sales so quickly or they can terminate you too.

At this point I'm trying to figure out what I should do. Definitely don't want to go through another holiday season making the minimum when I have the potential to make a million. How do you top sellers do it? What do you recommend? All advice is appreciated! ( Sorry for the long post....needed to vent a little lol)

Re: I can make 10K+ a day/ but always payment problems...suggestions?
 

Until you find a resolution, make a duplicate site...send half the traffic there...I'll attach my Paypal to it and give you 50% lol

Half's better than nothing, right?! :)

Re: I can make 10K+ a day/ but always payment problems...suggestions?
 

So you can make $3,650,000 a year......

Going to hand this one over to the Pros.

Re: I can make 10K+ a day/ but always payment problems...suggestions?
 

You'd really be surprised at the number of people who confuse "make" with "sell" lol

Re: I can make 10K+ a day/ but always payment problems...suggestions?
 

what's the goods :)

Re: I can make 10K+ a day/ but always payment problems...suggestions?
 

I'm not one of those people. I definitely can "make" meaning profit that amount or more each day.

Re: I can make 10K+ a day/ but always payment problems...suggestions?
 

Yes that's only a lot to people who has never had it. There's many that make waaaaay more. I got everything else right but this payment issue is the only obstacle in my way.

Re: I can make 10K+ a day/ but always payment problems...suggestions?
 

I did say "all advice is appreciated" maybe I should take that back. lol!

Re: I can make 10K+ a day/ but always payment problems...suggestions?
 

Work on getting a merchant account that accepts Paypal - like authorize.net OP

Re: I can make 10K+ a day/ but always payment problems...suggestions?
 

Sorry but been there, done that. I had a merchant account a little over a year ago and began to process a large volume of sales right away. I didn't think it would be an issue because I went through my bank to get the account and they knew the type of money I dealt with. About 6 weeks later they dropped my company with no real reason why but I knew it was because the amount of sales that I were getting. No chargebacks, low risk products, fast shipping, etc. Basically all my eggs were lined up to the "T". I knew right away it was my sales volume because it was mentioned when I asked why they decided to let my company go when everything was going so well. Basically they said it, without saying it. If that makes sense.
Now just looking for a resolution. Stealth or not. I need an option fast.

Re: I can make 10K+ a day/ but always payment problems...suggestions?
 

The bottom line is PayPal doesn't like big volumes without solid prior history (and lots of it) or if they are dealing with a LARGE company they can easily vet. There are obviously "companies" running 7 figures though PP in a month, but they didn't just start from nothing.

If you are legit, and your product and company is legit, then just call PayPal and ask. They have a Merchant Commercial/Business division that can help with that. Just be ready to go through formal underwriting process.

Re: I can make 10K+ a day/ but always payment problems...suggestions?
 

Guess you need a business consultant or few partners then for formal guidance

Re: I can make 10K+ a day/ but always payment problems...suggestions?
 

Hey, if you're okay with losing out on sales during that period, it doesn't bother me one bit!

60/40?!?!:bounce:

Re: I can make 10K+ a day/ but always payment problems...suggestions?
 

I've heard that you can use 3rd party payment processor which uses paypal. I'm also sick of payment methods and all the troubles with them. Someone says that it is good to leave money on paypal when there it is paypal jail. Maybe that time you can use other stealth paypal? You can buy high limit stealth business paypal. With all the documents. Yeah, they will limit you if sales increase dramatically but it doesn't mean that they ban you permanently. They will ask for documents. Just provide them documents.

Re: I can make 10K+ a day/ but always payment problems...suggestions?
 

That's the thing, there are no guarantees with PayPal. Period.
There is a very good reason they are so despised by many. They know they have a virtual monopoly when it comes to e-commerce payments. Sure, you can use a traditional Merchant Processor, but that comes with troubles of it's own.

The only thing you can do when it comes to PayPal is to play their game and work around their issues. To them, it's a matter of risk.

Re: I can make 10K+ a day/ but always payment problems...suggestions?
 

eh, there is some vagueness here.

PP does not mind high volume when you have legit supplier/manufacturer invoices from real companies with real contacts. I've been there, had my accounts manually reviewed and all is fine.

OP seems to be worried about permabans. A 21 day hold is nothing if you are a legit company. But, if your accounts are getting shut down left and right, it isn't just because you have high volume. That would mean any large company would be instantly banned from PP. And so I don't 100% believe everything you say here.

Play the victim all you want, but this story has holes.

Re: I can make 10K+ a day/ but always payment problems...suggestions?
 

Victim? I sure hope I didn't come off that way. Of course there are holes in my post because I'm not going to pour my heart out about my business. I asked a simple question that obviously you couldn't answer. Did I say I was getting shut down? Who want to deal with 21 day holds if they have large sales volumes? not me! First off, that means that I would be willing to let Paypal hold thousands of dollars of my money in hopes that they release it. We all know how Paypal get down. That's the reason why this forum is still here standing strong and will continue to be here. Paypal isn't trustworthy. I've been selling online for many years. I know the basics and don't remember asking about them in my original question. I asked that top sellers who have experience with large sales volumes to reply with suggestions. It's clear that- that's not you.....sooooo have a seat.

Re: I can make 10K+ a day/ but always payment problems...suggestions?
 

Exactly! I don't trust Paypal what so ever. Of course I know I can continue to spread payments over accounts but it's like walking on egg shells with them. Every processor has their pros and cons I guess.

Re: I can make 10K+ a day/ but always payment problems...suggestions?
 

Thank you to those that commented with sugestions. However, I guess I need to add a few things. I already know that I can call Paypal up and get them to raise my limit on a Business Paypal. I've done this several times in the past. (Own a corp that process payments with Paypal) Most of the time I did't even have to call. They automatically raised my limit once I got close to it. That is still not enough because I have more than one website in different niches and need more than one Paypal account which is why I'm into stealths. When I did finally go past my limit they have not raised it anymore. It usually only take a week to get to my limit and after that the rest of the payments are on hold for the rest of the month. So I slowed the sales down on that account. I hope that shed some light on my situation. I'm just looking for alternative solutions for large volumes.

Re: I can make 10K+ a day/ but always payment problems...suggestions?
 

what about opening merchant account in another country, where they have less troubles letting you make money

Re: I can make 10K+ a day/ but always payment problems...suggestions?
 

Hahaha

The master returns.

:hail:

Re: I can make 10K+ a day/ but always payment problems...suggestions?
 

OP,

I get your enthusiasms.

Could you try to add paragraphs to the posts.

Hard to read with a cell phone.

:shhh:

Re: I can make 10K+ a day/ but always payment problems...suggestions?
 

I wasn't implying myself btw - like unkown 5454 stated, there are quite a few holes in the story...klnd of alarming...

Re: I can make 10K+ a day/ but always payment problems...suggestions?
 

That's great, you just described half the members problems with this lol. We all can make sales and make money, but unfortunately the days of instant payments is over. You have to wait like all of us, until someone finds a loop hole.

Re: I can make 10K+ a day/ but always payment problems...suggestions?
 

This is a really good gift you have. Not a lot of sellers can combine such skills.
In ecommerce, our worst enemy is Time. In your niche, you have another enemy your source of payments.
Would you be prepared to consider just trading on the current accounts at the moment and not making your goal?
Are you willing to face the chance of losing good sites if anything goes pear shaped?

Much as I moan about PayPal, it can be a consistent source of funds. But I was taught to never rely on one source.

What other merchant sources have you checked? This site should interest you.
https://www.cardpaymentoptions.com/c...t-high-volume/

Please note, I am not saying do not do this. I am saying be aware this is going to be difficult to pull off “fast”. Look over options carefully.

:peace:

Re: I can make 10K+ a day/ but always payment problems...suggestions?
 

I still don't understand your problem. If your generating that many sales consistently, why would you be worried about 21 day hold? You will constantly have payments being released daily.

Re: I can make 10K+ a day/ but always payment problems...suggestions?
 

Bah... stirring you,Pumpkin x

But unkown posted after you ;)

:clap: :thumb:

Re: I can make 10K+ a day/ but always payment problems...suggestions?
 

I'm willing to lose sites because I build them extremely fast so replacing a site doesn't bother me at all. It just seems that nothing get easier and the more money, the more problems.
I also never rely on one source but using many paypals is so tideous and seems to take a lot of effort to control by myself. I really should've prepared for this months ago.

Re: I can make 10K+ a day/ but always payment problems...suggestions?
 

Yes, PayPal is time consuming For your proposed plan, you need to mix up payments.

I added that site. (Need to sleep,worked all night).

You hit the nail on the head. The more you work, earn funds, the more hassles. But to discover outcomes, you ask questions.
:thumb:

Re: I can make 10K+ a day/ but always payment problems...suggestions?
 

Alarming? I find my question to be quite simple. So how is there "holes" in "my story"? I don't understand why people respond only to be seen. You are not contributing to my question so why bother to respond. This is not "hooked on phonics" a child can understand something so simple....I don't have to break down everything I do and my reasoning and method. Either you have experience and can give good valuable advice or move right along to another thread.

Re: I can make 10K+ a day/ but always payment problems...suggestions?
 

I've never been the type to wait in line like everyone else. I'm trying to be the one that find the loophole....:/

Re: I can make 10K+ a day/ but always payment problems...suggestions?
 

Enough with the attitude from everyone in here. Stop being judgemental and provide tips or brainstorming materials.


As for you, Nelly, I don't understand why you'd want to keep using paypal if you are not using eBay, especially with that high amount of sales each day.
Based on everything you said, to me you are more of a researcher and not a business builder.

What that meant is you can provide the goods and services, but better to let a manager take care of your funds. At that level you'd need one regardless.
A good manager can deal with merchant accounts, set up LOI or BLC and even make a deal with the payment processor and actually set it up so that you won't have to worry about the transfer to your bank.

This is how the big boys play. PP is almost never in the picture.

So basically call up your bank manager and tell him / her your business, volume, type of products, expectations etc and he'll come up with a solution for you.

Re: I can make 10K+ a day/ but always payment problems...suggestions?
 

Thank you for your advice. However, I don't know if you got a chance to read one of my previous comments. The thing is, I never said that Paypal is all I want to use. I'm willing to work with whatever will work better than what I'm already doing.
I have used a merchant account in the past and that was a problem too because I made too much money too soon. I didn't think it would be a problem, but it was. Basically I've tried merchant accounts, Legit Paypals, Stealth Paypals etc. I'm trying to find a way to receive the large sales volume over several different accounts, and payment processors for several different websites.
Otherwise I will need to just cutback and make money much much slower if I can't find a real solution. I must admit I did enjoy the convenience of the merchant account at the time but for those who are familiar with merchant accounts know that they can be a pain too.

Re: I can make 10K+ a day/ but always payment problems...suggestions?
 

As for the manager tip...that is the one thing I haven't tried. I will be looking into that asap! because I need time to deal with all the other important things that come with running more than one business. Never thought of that. Thank you for that tip!

Re: I can make 10K+ a day/ but always payment problems...suggestions?
 

Surely you're wise enough to know the answer by now...

Re: I can make 10K+ a day/ but always payment problems...suggestions?
 

It just seems that nothing get easier and the more money, the more problems.

Very true!

So, you know about spreading out sales over multiple accounts. Unfortunately you haven't fully taken advantage of this with aged accounts and dozens of PayPals with your volume. Nothing you can do but keep trying to build up reserve accounts. Also spreading sales to merchant accounts (which you should be fine with higher dollar amounts, I don't know why you have issues with that), and other payment processors. I like Bitcoin.

Depending on your customers take other payment processors as well.. heck Amazon Payments is great too.

Part of the business is handling financing; it sounds like you're going through a growth period and possibly need partners or assistants to help with departments that have out grown you (I can't help, sorry). I hope you get the help you need. Maybe focus less on building and more on payment management so you can capitalize on your work.

Good luck!

Re: I can make 10K+ a day/ but always payment problems...suggestions?
 

I guess Biggie was right! lol

Re: I can make 10K+ a day/ but always payment problems...suggestions?
 

Same meaning as Biggie’s words.

:croc:

Re: I can make 10K+ a day/ but always payment problems...suggestions?
 

I did not write that.. I would have added some English to it.. Lol.

Re: I can make 10K+ a day/ but always payment problems...suggestions?
 

If everything is on the up and up, and not against Paypal's AUP, you're probably best to ride out the 90 days of 21-day holds. If you're shipping items, its more like a 10 day hold, since the funds are released 7 days after the item is marked as delivered. So unless you're dropshipping from AliExpress, it is lower.

A suggestion I would make is to try Stripe with your legitimate business details. As long as your stuff isn't on their prohibited businesses you can let it rip from day one and get a payout within a week or two. They will do a 'know your customer' audit at some point. So long as you can pass that, you should be good to go.

If you're dealing with a business outside of that, you need an offshore banking solution with something like Panama. Let me know if you find a reliable person for setting that up, as I need it myself.