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-   -   How would you withdraw a large sum from paypal? (https://www.aspkin.com/forums/subscriber-discussions/54735-how-would-you-withdraw-large-sum-paypal.html)

hazy 12-30-2012 01:59 AM

Quote:

Originally Posted by zoneout (Post 405554)
I think he means withdraw the $1.5k then wait to see if it clears. If it does then lather, rinse, repeat....

But what, repeat every day? He said it should all be out in 2 weeks. The only way to do that would be approx $1500 withdrawn every other day.

zoneout 12-30-2012 02:05 AM

It takes my withdrawls 2 days to clear ACH and thats regular days - not business days. So if my math is right thats 7 withdrawals of 1500 = 10.5k in 2 weeks.

hazy 12-30-2012 02:12 AM

Quote:

Originally Posted by zoneout (Post 405557)
It takes my withdrawls 2 days to clear ACH and thats regular days - not business days. So if my math is right thats 7 withdrawals of 1500 = 10.5k in 2 weeks.

Yup one every other day... Is that really smart though?

zoneout 12-30-2012 02:15 AM

It is, according to Roscoe...

Sandy D 12-30-2012 02:48 AM

First thing is I wont ever allow any account to get to 10,000.

That is why you need to spread those sales over several accounts and makes life much easier for you.

If I wake up in the morning and see 1000 in any single account I am all over it.
I wont allow it to grow, I will hit it for 500.00 and then another 300.00 the next day only leaving fees and some for possible refunds. If sales hit 1k again I will repeat with different amounts but never allowing it to grow.

No way would I allow pp to steal 10,000 from me.

Spread sales over multiple accounts!

zoneout 12-30-2012 02:56 AM

i agree. having all your eggs in one basket is never a good idea.

Roscoe 12-30-2012 04:39 AM

Quote:

Originally Posted by Sandy D (Post 405570)
First thing is I wont ever allow any account to get to 10,000.

That is why you need to spread those sales over several accounts and makes life much easier for you.

If I wake up in the morning and see 1000 in any single account I am all over it.
I wont allow it to grow, I will hit it for 500.00 and then another 300.00 the next day only leaving fees and some for possible refunds. If sales hit 1k again I will repeat with different amounts but never allowing it to grow.

No way would I allow pp to steal 10,000 from me.

Spread sales over multiple accounts!

Not always possible. Sometimes I have $20,000 in sales in less than 2 hours.

I've had as much as $60,000 in 48 hours.

I try and spread it to as many accounts as I can, whenever possible.

rsot 12-30-2012 10:32 AM

Quote:

Originally Posted by hazy (Post 405455)
Lol interrogation?
Account is about 8 months old
Avg selling price is about $15
Daily sales, a couple of hundred dollars
It took maybe 4 months to accumulate that

Proper questions - pp is all about risk.

Couple of hundred dollars a day...so would be logical to me to aim for that kind of withdrawal after money is clear.

unkown5454 12-30-2012 01:12 PM

Quote:

Originally Posted by Roscoe (Post 405585)
Not always possible. Sometimes I have $20,000 in sales in less than 2 hours.

I've had as much as $60,000 in 48 hours.

I try and spread it to as many accounts as I can, whenever possible.

Do you sell cars? And if you have inventory worth that much and in such high demand, I sure hope it's protected wherever it is located.

Sandy D 12-30-2012 02:10 PM

Quote:

Originally Posted by Roscoe (Post 405585)
Not always possible. Sometimes I have $20,000 in sales in less than 2 hours.

I've had as much as $60,000 in 48 hours.

I try and spread it to as many accounts as I can, whenever possible.

You must sell a very high end product then. Which can also be risky.

With that said I will never allow them to have a chance to steal that kind of money from me.

60k can be gone in a heartbeat.

Guess I would be working night and day on more accounts and would not give them the chance to steal that kind of money from me.

rsot 12-30-2012 05:00 PM

When you're doing such a high volume why cant you start looking at other payment processing services than just pp?

Elijah 12-30-2012 05:20 PM

If I remember correctly, he is selling digital products and using anything other than PayPal is not an option. So he just has to live with them and their stupidity.

rsot 12-30-2012 05:41 PM

Ah alright - I dont recall his other posts of what he is selling...digital products are always looked at by pp as being dangerous...not the best way in my opinion to operate.

Roscoe 12-30-2012 06:15 PM

Quote:

Originally Posted by unkown5454 (Post 405697)
Do you sell cars? And if you have inventory worth that much and in such high demand, I sure hope it's protected wherever it is located.

Zero physical products. All "Digital Download." Videos, PDFs, Ebooks, etc... very similar to this site (Aspkin).

I'm stuck with PP, just need to deal with it. PP told me they hate Digital Downloads, Business Opportunites, Membership sites like Aspkin, etc...

PP likes trackable crap like Ebay products, Fedex tracking, and all that other crap. Not my cup of tea.

GreenBean 12-30-2012 06:18 PM

hazy still wonders

:focus:

unkown5454 12-30-2012 07:34 PM

Quote:

Originally Posted by Roscoe (Post 405839)
Zero physical products. All "Digital Download." Videos, PDFs, Ebooks, etc... very similar to this site (Aspkin).

I'm stuck with PP, just need to deal with it. PP told me they hate Digital Downloads, Business Opportunites, Membership sites like Aspkin, etc...

PP likes trackable crap like Ebay products, Fedex tracking, and all that other crap. Not my cup of tea.

Understood. I totally forget about that market sometimes because of the risk involved.

zoneout 12-31-2012 01:57 AM

Quote:

Originally Posted by unkown5454 (Post 405876)
Understood. I totally forget about that market sometimes because of the risk involved.

What is the risk? Copyright infringement? :confused:

GreenBean 12-31-2012 06:13 AM

Quote:

Originally Posted by zoneout (Post 405958)
What is the risk? Copyright infringement? :confused:

Internet marketing.......

paypal are true hypocrites regarding these types of accounts.


An account seller can have a really hot product. Put the program almost viral, have the monies coming in instantly & BAM killed by paypal.

In some instances there are not even chargebacks yet paypal go pious & limit the account.

:mad:

rsot 12-31-2012 08:27 AM

And in some cases, pp goes ahead and instigates chargebacks...horrible policy

Roscoe 12-31-2012 02:18 PM

Quote:

Originally Posted by GreenBean™ (Post 405985)
Internet marketing.......

paypal are true hypocrites regarding these types of accounts.


An account seller can have a really hot product. Put the program almost viral, have the monies coming in instantly & BAM killed by paypal.

In some instances there are not even chargebacks yet paypal go pious & limit the account.

:mad:

That's exactly what PP did to my account. New Digital Download product released, over $60,000.00 received in a few days, and BAMM!

Frozen.

Zero refunds, NO complaints, No nothing.

PP tells me they don't like ebooks. :tears:

I had my account for several years, ran over a 100k thru it in two years selling ebooks, then whamo! You're fired.

Cost me tens of thousands in sales over the next week.

I asked PP to please consider accepting money during my new release and they could Hold the funds for 180 days, they still said **** ***

arwoodco 12-31-2012 08:09 PM

Quote:

Originally Posted by Roscoe (Post 405585)
Not always possible. Sometimes I have $20,000 in sales in less than 2 hours.

I've had as much as $60,000 in 48 hours.

I try and spread it to as many accounts as I can, whenever possible.

How in the world can you do that with a stealth?

I had only like $1000 a day coming in with an EIN attached, and they still limited me.

With my real 12 year old account, the most I had was like $10,000 in one or two days time. But that was back in like 2010.

I think the whole thing is a bit tricky.. I wonder if it is up the the mind of the person reviewing your account.

You almost need an advanced play book anymore..

And NO the stealth manual is no enough.. Obviously, considering the fact you have to read their minds to know what is OK and what is not anymore.


Jedi mind tricks anyone?

GreenBean 12-31-2012 09:27 PM

Quote:

Originally Posted by arwoodco (Post 406195)
Jedi mind tricks anyone?

Has to be the bottom line of stealth operating.

Being always 4 steps ahead, beside and behind them ( being paypal).

Being behind is actually easiest.

The trail of dung reveals much.

:juggle:


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