Forum

PayPal Business Pending Balance $500 Limit
 

I noticed something new on PayPal lately. I noticed PayPal has removed the 3 Step thingy to remove 24 day pending balance holds. Now today I created 3 stealth accounts. When upgrading to a business account and entering a invalid SSN I get a notification that since PayPal couldn't verify my identity Payments that are more then $500 will be automatically in my pending balance for 24 days. And also Payments that are less then $500 will be available right away until I reach my $500 limit. Then it says if I want to remove the limit I will have to reverify my identity and social.

But it's a stealth. It's a good thing and bad thing PayPal has added this. The good thing about it is PayPal has removed the 3 Steps including being a member for 60 days and if I receive let's say $30 for a item... It will not be pending like how PayPal did to all payments all this year. But the bad thing is that it will be nearly impossible to remove that limit unless I stole someone identity :) LOL


Is everyone getting the same thing lately with new stealth accounts?

PS:Sorry for the grammar. I speak English but don't feel like ccorecting my grammar :)

Re: PayPal Business Pending Balance $500 Limit
 

I have not seen this yet but it COULD be a good thing for people who don't mind the holds, or don't want to sell more than $500 per month on one account.

Re: PayPal Business Pending Balance $500 Limit
 

English is fine :) I havent had this issue with not being able to verify identity