Hi ok i plan on opening a variety of Ebay accounts, and have a paypal account per ebay account. Anyway i plan to activate these accounts via Simon. So if the amount of money in these paypal accounts is always under $500 i wont become limited? I plan to withdraw the money by buying items from a legit wholesaler and selling them at my local market. So if i constantly purchase stock using these paypal accounts, and keep the limit under $500 i wont become limited??
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It's not $500 at one time, it's a total of $500 all together. For example, if I sent you $100 a week for 5 consecutive weeks, you withdrew that all, you wouldn't be able to receive any more money without verifying yourself.
Yeah Paypal is bad news...set one up cause you need it to sell but use a merchant account to get your money..its more work but less headace and worry..
So if funds less then $500 have been debited and credited from the paypal accout it should be 100% fine. I plan to use virtual credit cards and making lots of paypal accounts
As you now know there is simply no way around it - never leave anything of REAL value in the paypal account i.e. when you have a certain amount always transfer or withdraw.
Once your limited it is very difficult to have this removed.
But one factor to remember - under no circumstances should you link all 5 accounts, so ensure your IP addresses are different each time.
Having 5 accounts is more than a sifficient reason to be suspended.
Casta, what u need to first is vertify each paypal account before u even use them. Do the paypal expanded use with the credit card, then do the 2 paypal deposits into the bank. This will lift the $500 limit on each account. I did this the other day and not been limited yet man. withdrew 1600 on one paypal account yesterday.