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12-30-2012
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Originally Posted by zoneout 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 The only way to do that would be approx $1500 withdrawn every other day.
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12-30-2012
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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.
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12-30-2012
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Originally Posted by zoneout 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?
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12-30-2012
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It is, according to Roscoe...
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12-30-2012
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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!
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12-30-2012
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i agree. having all your eggs in one basket is never a good idea.
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12-30-2012
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Originally Posted by Sandy D 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.
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12-30-2012
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Originally Posted by hazy 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.
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12-30-2012
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Originally Posted by Roscoe 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.
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12-30-2012
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Originally Posted by Roscoe 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.
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12-30-2012
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When you're doing such a high volume why cant you start looking at other payment processing services than just pp?
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12-30-2012
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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.
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12-30-2012
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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.
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12-30-2012
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Originally Posted by unkown5454 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.
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12-30-2012
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hazy still wonders |
12-30-2012
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Originally Posted by Roscoe 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.
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12-31-2012
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Originally Posted by unkown5454 Understood. I totally forget about that market sometimes because of the risk involved. | What is the risk? Copyright infringement? |
12-31-2012
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Originally Posted by zoneout What is the risk? Copyright infringement? | 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. |
12-31-2012
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And in some cases, pp goes ahead and instigates chargebacks...horrible policy
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12-31-2012
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Originally Posted by GreenBean™ 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. | 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.
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 **** ***
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12-31-2012
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Originally Posted by Roscoe 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?
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12-31-2012
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Originally Posted by arwoodco 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.
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