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11-01-2017
| Junior Member | | Join Date: Oct 2016
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Activity: 0% Longevity: 43% | | 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)
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11-01-2017
| Senior Member | | Join Date: Sep 2017
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Activity: 0% Longevity: 38% | | 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?! |
11-01-2017
| | Executive [VIP] | | Join Date: Sep 2010
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Activity: 0% Longevity: 79% | | 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.
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11-01-2017
| Senior Member | | Join Date: Sep 2017
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Activity: 0% Longevity: 38% | | 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
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11-01-2017
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Activity: 0% Longevity: 42% | | Re: I can make 10K+ a day/ but always payment problems...suggestions?
what's the goods |
11-01-2017
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Activity: 0% Longevity: 43% | | Re: I can make 10K+ a day/ but always payment problems...suggestions? Quote:
Originally Posted by ebaystealth1974 You'd really be surprised at the number of people who confuse "make" with "sell" lol | I'm not one of those people. I definitely can "make" meaning profit that amount or more each day.
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11-01-2017
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Activity: 0% Longevity: 43% | | Re: I can make 10K+ a day/ but always payment problems...suggestions? Quote:
Originally Posted by MM78 So you can make $3,650,000 a year......
Going to hand this one over to the Pros. | 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.
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11-01-2017
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Activity: 0% Longevity: 43% | | Re: I can make 10K+ a day/ but always payment problems...suggestions? Quote:
Originally Posted by ebaystealth1974 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?! | I did say "all advice is appreciated" maybe I should take that back. lol!
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11-01-2017
| | Executive [VIP] | | Join Date: Dec 2009
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Activity: 100% Longevity: 83% | | 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
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11-01-2017
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Activity: 0% Longevity: 43% | | Re: I can make 10K+ a day/ but always payment problems...suggestions? Quote:
Originally Posted by rsot Work on getting a merchant account that accepts Paypal - like authorize.net OP | 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.
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11-01-2017
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Activity: 0% Longevity: 43% | | 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.
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11-01-2017
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Activity: 100% Longevity: 83% | | 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
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11-01-2017
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Activity: 0% Longevity: 38% | | Re: I can make 10K+ a day/ but always payment problems...suggestions? Quote:
Originally Posted by nelly4dust I did say "all advice is appreciated" maybe I should take that back. lol! |
Hey, if you're okay with losing out on sales during that period, it doesn't bother me one bit!
60/40?!?! |
11-01-2017
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Activity: 0% Longevity: 39% | | 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.
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11-01-2017
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Activity: 0% Longevity: 43% | | 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.
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11-01-2017
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Activity: 5% Longevity: 76% | | 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.
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11-01-2017
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Activity: 0% Longevity: 43% | | Re: I can make 10K+ a day/ but always payment problems...suggestions? Quote:
Originally Posted by unkown5454 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. | 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.
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11-01-2017
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Activity: 0% Longevity: 43% | | Re: I can make 10K+ a day/ but always payment problems...suggestions? Quote:
Originally Posted by nickopedia 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. | 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.
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11-01-2017
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Activity: 0% Longevity: 43% | | 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.
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11-01-2017
| | Senior Member | | Join Date: Jul 2015
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Activity: 0% Longevity: 50% | | 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
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11-01-2017
| | Executive [VIP] | | Join Date: Sep 2007
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Activity: 0% Longevity: 96% | | Re: I can make 10K+ a day/ but always payment problems...suggestions? Quote:
Originally Posted by rsot Guess you need a business consultant or few partners then for formal guidance | Hahaha
The master returns. |
11-01-2017
| | Executive [VIP] | | Join Date: Sep 2007
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Activity: 0% Longevity: 96% | | 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. |
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