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01-09-2015
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The complete step-by-step guide to get back to selling today!
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01-09-2015
| Senior Member | | Join Date: Mar 2013
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Activity: 0% Longevity: 64% | | Re: how much can a PayPal account handle?
It is bs and everyone knows it just scared to call it
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01-09-2015
| | Executive [VIP] | | Join Date: Nov 2013
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Activity: 0% Longevity: 60% | | Re: how much can a PayPal account handle? Quote:
Originally Posted by GreenBean | I can't have it so nobody can LOL
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01-09-2015
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Activity: 0% Longevity: 64% | | Re: how much can a PayPal account handle?
Arent you suppose to be doing your aquisition of mcdonalds today and paying for the aquisition with your stealth money you made today on your 30 day old stealth acct?
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01-09-2015
| | Executive [VIP] | | Join Date: Nov 2013
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Activity: 0% Longevity: 60% | | Re: how much can a PayPal account handle?
Again, childish and ignorant comments by the 50% limited papal account owner.
Looks good on ya. Shows your intelligence.
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01-09-2015
| Senior Member | | Join Date: Mar 2013
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Activity: 0% Longevity: 64% | | Re: how much can a PayPal account handle?
I never claimed to have a high iq! What are you talking about? What is ignorant about my comments? Please clarify. Please tell the rest of us how you have 60 day aged accounts and you sell 20k a day on them and have never had one closed or limited? Please tell maybe you have to be smarter than me to understand that or maybe dumb people like me need to hear it 3 times to believe it.
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01-09-2015
| | Executive [VIP] | | Join Date: Nov 2013
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Activity: 0% Longevity: 60% | | Re: how much can a PayPal account handle? Quote:
Originally Posted by danshan I never claimed to have a high iq! What are you talking about? What is ignorant about my comments? Please clarify. Please tell the rest of us how you have 60 day aged accounts and you sell 20k a day on them and have never had one closed or limited? Please tell maybe you have to be smarter than me to understand that or maybe dumb people like me need to hear it 3 times to believe it. | Read my threads...AND PMs.
Those accounts have no EIN and are only used for a week. Well discussed.
I would be ASHAMED if I lost 50% of my accounts. Or even more that a few hear or there.
Fortunately I have only lost one and have never personally lost a PayPal account. Maybe I am lucky or maybe I don't sell crap and have good business practices.
With what you state, I can only assume you do most everything wrong, but who knows. Maybe you are just unlucky. Maybe it is Karma. Who knows...
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01-09-2015
| Senior Member | | Join Date: Mar 2013
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Activity: 0% Longevity: 64% | | Re: how much can a PayPal account handle?
Details buddy details on your 15-20k a day accounts that you have never had a paypal limited
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01-09-2015
| | Executive [VIP] | | Join Date: Nov 2013
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Activity: 0% Longevity: 60% | | Re: how much can a PayPal account handle?
One thing that is absolute FACT is that this constant banter of, "I can't do it, so nobody can" banter of yours the past few weeks, especially days is counter productive of this forum.
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01-09-2015
| | Executive [VIP] | | Join Date: Nov 2013
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Activity: 0% Longevity: 60% | | Re: how much can a PayPal account handle? Quote:
Originally Posted by danshan Details buddy details on your 15-20k a day accounts that you have never had a paypal limited | We have gone over this many times.
Read your stupid junk from yesterday. How many more details do you need? Read and look at copy/Paste of my threads about unique paypal holds.
No secrets. Dmshark25 and myself have shared these things on this forum fairly openly.
You seem jealous. Sorry if you are not capable. I have tried to help you. At least in PM, you are not an ignorant ass.
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01-09-2015
| Senior Member | | Join Date: Mar 2013
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Activity: 0% Longevity: 64% | | Re: how much can a PayPal account handle?
Yeah i know talk around it lol
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01-09-2015
| Senior Member | | Join Date: Mar 2013
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Activity: 0% Longevity: 64% | | Re: how much can a PayPal account handle?
Dmshark he is dropping your name are you also suggesting to new members to drop 20k a day on a new account?
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01-09-2015
| | Executive [VIP] | | Join Date: Nov 2013
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Activity: 0% Longevity: 60% | | Re: how much can a PayPal account handle? Quote:
Originally Posted by danshan Dmshark he is dropping your name are you also suggesting to new members to drop 20k a day on a new account? | How many more times does this have to be discussed?
Seriously, are you mentally not capable of comprehending English? or do you lack the ability to remember? rhetorical.
Basically every statement you make is redundant and childish. Do you have anything new and structural to add?
Lets stop this stupid jealousy and maybe add something constructive.
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01-09-2015
| Senior Member | | Join Date: Mar 2013
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Activity: 0% Longevity: 64% | | Re: how much can a PayPal account handle?
I think you should stop going around the forum giving people bad bad advice. Its ok to keep telling people how great you are i enjoy those posts but the blatantly bad advice avoid that. Hey how can you give advice on the forum when you never had an acct limited?
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01-09-2015
| | Executive [VIP] | | Join Date: Nov 2013
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Activity: 0% Longevity: 60% | | Re: how much can a PayPal account handle? Quote:
Originally Posted by danshan I think you should stop going around the forum giving people bad bad advice. Its ok to keep telling people how great you are i enjoy those posts but the blatantly bad advice avoid that. Hey how can you give advice on the forum when you never had an acct limited? | Your lack of intelligence holds you back from comprehending or understanding.
I am going to be the bigger man and bow out. I am no longer going to argue with a fool.
EDIT: NO LONGER instead not going to
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01-09-2015
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Activity: 0% Longevity: 64% | | Re: how much can a PayPal account handle?
I would stop now too. I hope the true story is starting to show to the forum a little now
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01-09-2015
| | Executive [VIP] | | Join Date: Mar 2010
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Activity: 0% Longevity: 81% | | Re: how much can a PayPal account handle?
I can say from my experience with PayPal and other merchant account providers (real ones) that whenever you reach $5,000 per month in sales, that is when they start a process called "underwriting" which is a form of risk management.
Underwriting may include credit and identity checks, business verification, etc. How the industry came to that figure, I don't know. But if you don't believe me, just call a merchant account provider and tell them you are looking for a provider and want to know how long the approval process takes and that you expect $7,000 per month in sales. They will most likely tell you it will be a few days. Ask them why it takes so long and they will likely tell you that since you have such a high volume in monthly sales, your account has to go through the underwriting process first.
Real world merchants don't have this problem. They figure there is a limited amount of fraud that can be committed since customers leave with their items at the time of the charge. But they also have to go through underwriting, it is just not as stringent as for online merchants.
Now, when it comes to PayPal, if they feel your items are a risk, this process could happen a lot earlier. I would be VERY NERVOUS about going over $2,000 per month on an account selling DVD's, or anything else high risk.
Of course, the longer your track record with them is, the less stringent their underwriting department will be with you. Underwriting departments like to see steady business sales that increase over time, they want the owner to have assets and good credit, a history of very few chargebacks, no complaints of fraud or counterfeit merchandise, etc.
Keep in mind I am speaking GENRALLY here and not specifically to anyone's particular situation. It is just like with suppliers. If you own a restaurant that is new, suppliers will probably want cash on delivery. If you have been doing business with them for awhile and they can see you are successful, they will give you a line of credit.
With online businesses, they are very easy and cheap to set up. So they tend to be riskier for merchant account providers. Even with the best of intentions, things can go south quickly. Not everyone understands businesses and how they work. The value of inventory can decline over time (just think of electronics as a good example), you have to pay attention to things like profit margins, the time value of money, you have to understand how consumer sentiment can affect your businesses (and it is different for different businesses, depending on what they sell), and a lot of other factors. Unfortunately, a lot of people don't have any knowledge of these things. I can work out, on paper, how anyone can buy inventory and sell on eBay, becoming a millionaire in 6 months to a year. But that only works ON PAPER! Because in the real world, problems come up. On paper, everything is perfect.
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01-09-2015
| Senior Member | | Join Date: Mar 2013
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Activity: 0% Longevity: 64% | | Re: how much can a PayPal account handle?
Very well written and 100% reasonable. I think that any merchant account provider would be out of business in a day if they let huge amounts of transactions go through on new or old accts that they did not have history with. Good good post, thank you
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01-09-2015
| | Senior Member | | Join Date: Jan 2014
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Activity: 0% Longevity: 59% | | Re: how much can a PayPal account handle?
What is FFS?
And I have to say, if I was losing 50% of my accounts, I'd stop in my tracks and figure out what I was doing wrong? Unless I was just a VERO listing fool, then you expect that I guess........
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01-09-2015
| Senior Member | | Join Date: Mar 2013
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Activity: 0% Longevity: 64% | | Re: how much can a PayPal account handle?
Where did you see FFS?
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01-09-2015
| | Senior Member | | Join Date: Jan 2014
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Activity: 0% Longevity: 59% | | Re: how much can a PayPal account handle?
1st page........what does it mean???
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01-09-2015
| Senior Member | | Join Date: Mar 2013
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Activity: 0% Longevity: 64% | | Re: how much can a PayPal account handle?
Weird I do not see it quote it
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