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  #1  
Old 03-19-2012
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Default paypal calling about set up of merchant account : Help

Hi, someone from paypal website payment pro is going to call me about setting up my account. Anyone been through this and know what kind of questions they are going to ask ?

Thanks
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Old 03-19-2012
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No - but I would be very interested in what they do ask you

Please keep us informed - might be best to use PM to keep this discrete
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Old 03-19-2012
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Took the call, was just the normal security Q's and asked about my site etc.
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Out of interest for myself in the near future, if you are using PP as a method on a website, is it still the same risk factor as if you're selling on eBay? I thought selling on eBay is always a higher risk.

Limitations etc still happen for payments through websites?
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Old 03-19-2012
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Depends on what you sell... I have read that people have issues with virtual goods outside ebay.
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Old 04-12-2012
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Paypal accepted me for paypal payment pro. They did credit checks on me using experian etc. and if anyone who has followed any of my threads would know, I am in dispute with MBNA at the moment for a default on a card. Paypal are witholding 20% of any sale I make as for now, however will be lifted at a later date, as to when that will happen, I guess only paypal knows.
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Old 04-12-2012
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All the best paypalpains - since the account is in your real info, you had best to tread lightly while you establish yourself.
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Old 04-16-2012
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Thanks RSOT, dont think I will be moving that quickly anytime soon. So hopefully that will be for the best in the long run.
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Old 04-16-2012
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Quote:
Originally Posted by hdavey10 View Post
Out of interest for myself in the near future, if you are using PP as a method on a website, is it still the same risk factor as if you're selling on eBay? I thought selling on eBay is always a higher risk.

Limitations etc still happen for payments through websites?
Yes they apply limits.

Jury is out if the holds are 21 days. But funds do get held.

Depending on the business they might put in place a rolling reserve.

Few points to consider.

Have more than one payment processor.

Dont fall for having no access to your own monies.
Carefully select your main bank for business
Certain advantages are there for the choosing
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Old 04-16-2012
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GB is correct with her options.
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