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-   -   if i dont use ebay, is there a limit on how much money i can accept via paypal? (https://www.aspkin.com/forums/paypal-talk/4836-if-i-dont-use-ebay-there-limit-how-much-money-i-can-accept-via-paypal.html)

nhus4u 05-25-2008 10:29 PM

if i dont use ebay, is there a limit on how much money i can accept via paypal?
 
i have a few items id like to sell off ebay and im opening a brand new paypal account. i can have buyers send me payments, but is there a certain limit that i can accept before they freeze me?

i know when you sell on ebay there is the 21 day hold that is enforced, but what if like i accept a payment straight thru paypal? can i accept $1000 a day with no penalty? what if i sell something for $2500 in one shot? will they freeze it or do the new rules only apply to ebay sales?

aspkin 05-25-2008 11:25 PM

Different rules.. but it's a very good idea to become verified and confirmed and even create a business account if you're going to start accepting that amount of money per day and expect to use it.

tvaughan08 05-26-2008 08:41 AM

To be honest, I would get a merchant account and use paypal and let your merchant account, take payments that size.

nhus4u 05-26-2008 03:23 PM

i am getting confirmed and verified both and i opened a premier account. i dont have suppliers so if i open a business account wouldnt they ask for a ton of business info and such?

ok im sorry guys let me revise my question- if i am confirmed and verified with a credit card and bank account confirmed, would they limit me if i just took a straight paypal payment for a sizeable amount of say $3000-$4000?

also what if i only did this like once a week- would that still raise a red flag for them to stop the payment?

and lets just say they do limit me, would a ss# and phone number be enough to get that money?

thanks guys and i think everyone should see this post because there are members out there who just do business via paypal and dont have the head to deal with ebay

GreenBean 05-26-2008 06:10 PM

So are you saying you want to operate a paypal account NOT linked to ebay? Then if you are supplying all particulars to be verified right down to SSN & phone number the account would be established OK. I have a premier account like that but no SSN because it is not in the USA. I have spoken to paypal about funds coming into the account and had few problems. paypal just loves that you want to use them. [nearly puking here].
My thoughts are that if this is a stand-alone account {away from ebay}, you should be able to use it OK. BUT I would consider as suggested a Merchant account {as a safeguard}.


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