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-   -   New PayPal funds best practice (https://www.aspkin.com/forums/paypal-talk/142646-new-paypal-funds-best-practice.html)

DENDEN76 03-23-2021 06:54 PM

New PayPal funds best practice
 
Just wanted to ask what is best practice when dealing with proceeds from a fairly new account?

Does PayPals algos prefer withdrawals or purchases?

rsot 03-24-2021 03:44 AM

Re: New PayPal funds best practice
 
Likely PP prefers purchases because they get to take more % cut from the funds moving internally.

They also dont seem to like when a new account is drained dry in one shot...

DENDEN76 03-24-2021 05:15 AM

Re: New PayPal funds best practice
 
Quote:

Originally Posted by rsot (Post 1146827)
Likely PP prefers purchases because they get to take more % cut from the funds moving in8ternally.

They also dont seem to like when a new account is drained dry in one shot...

If I bleed it dry through purchases do you think I'll get into any trouble?

SaiJin 03-24-2021 08:33 PM

Re: New PayPal funds best practice
 
Most likely you'll be fine if you use your balance to shop.

DENDEN76 03-25-2021 04:09 AM

Re: New PayPal funds best practice
 
Alright cool

rsot 03-25-2021 04:20 AM

Re: New PayPal funds best practice
 
Quote:

Originally Posted by DENDEN76 (Post 1146844)
If I bleed it dry through purchases do you think I'll get into any trouble?

Even using your balance to shop, I find that PP likes to have some funds in it - makes it seem less like you are just "burning and churning" - my own opinion anyhow

smokenosmoke 03-29-2021 07:10 AM

Re: New PayPal funds best practice
 
When you use your funds to shop are you adding a second address like a mailbox ok?

i understand from the guide you shouldn't use a mailbox as primary address

im just wondering how people use multiple PP accounts for purchasing and where they get the goods delivered - multiple mailboxes? Maybe click and collect locations? then you need ID

SaiJin 03-29-2021 07:04 PM

Re: New PayPal funds best practice
 
yes, that's fine.

THat's what I do for mailing address.

smokenosmoke 03-29-2021 09:36 PM

Re: New PayPal funds best practice
 
so just use multiple mailbox to confirm?

rsot 03-30-2021 03:14 AM

Re: New PayPal funds best practice
 
Quote:

Originally Posted by smokenosmoke (Post 1147593)
so just use multiple mailbox to confirm?

That is one way to work with multiple addresses

Eisei Kuwabara 03-30-2021 04:32 AM

Re: New PayPal funds best practice
 
In my opinion shopping through newly created Paypal is fine.

agent006140 03-30-2021 03:50 PM

Re: New PayPal funds best practice
 
if the payments have cleared and free to spend,you can do whatever you want ,unless Paypal suspects it is money laundering.
In US,we have to give our Social security number before we can spend that money,does Paypal have such requirement for S Africa?


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