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  #1  
Old 08-30-2015
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Question Can I withdraw from Paypal by purchasing my own products through 2checkout?

I spent a lot of time searching diff threads to see if there was a good method to withdraw from Paypal other than having a bank account.

But it seems everyone saying there are only 2 safe methods of withdrawing:
1. Withdrawing to a real bank account.
2. Buying something online.

OK. So this 2nd option made me think about a plan.

I have my own website where I sell Ebooks in the name of a company "Happy Muslim Family". I have a 2checkout account in the company name. And 2checkout can accept paypal payments. Using 2checkout, I can also create invoices for services such as consultancy.

So if I have money in my paypal, can I just create an invoice for Consultancy fee using 2checkout, and then pay for it through Paypal? Or just buy my Ebooks from my company's website?

In my opinion, Paypal should treat it as purchasing something online and shouldn't flag it.

What do you people say?
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Old 08-30-2015
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Default Re: Can I withdraw from Paypal by purchasing my own products through 2checkout?

where are you selling?
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Old 08-30-2015
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Default Re: Can I withdraw from Paypal by purchasing my own products through 2checkout?

If you are buying the same item from another company, and you do it in huge volumes, it will raise a flag. I suggest digging into having a xertain EU acc, that allows withdrawals to VCCs.

Last edited by muzzie; 08-30-2015 at 07:14 AM.
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Old 08-30-2015
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Default Re: Can I withdraw from Paypal by purchasing my own products through 2checkout?

Quote:
Originally Posted by dealagreeproceed View Post
where are you selling?
I am selling the Ebooks on my own website (using 2checkout). 2checkout payment processor can by default accept Paypal payments (as they take the payment to their own Paypal account and then Credit our accounts with the amount). So in this way, I don't need to have Paypal account and can still accept Paypal payments on my Ebooks website.
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Default Re: Can I withdraw from Paypal by purchasing my own products through 2checkout?

I was asking where is your pp acct based...
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Default Re: Can I withdraw from Paypal by purchasing my own products through 2checkout?

My stealth paypal is US based.

On my website, I don't have paypal but 2checkout which accepts paypal payments.
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Old 09-01-2015
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Default Re: Can I withdraw from Paypal by purchasing my own products through 2checkout?

Yes you can do that successfully if you are extremely careful and take extreme measures that YOU have probably never even thought about but PAYPAL has.

Trial and error involved.
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Default Re: Can I withdraw from Paypal by purchasing my own products through 2checkout?

If you're doing it from multiple accounts, it'd be a red flag over time. From one account, not necessarily depending on the site's typical "sale" amount (This would be determined after human review. If you're spending $3000 on a $10 book site, that'd be a red flag. Large amounts are also red flags. Personally, I'd set up a subscription if I could.)
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