Need to know something about paypal...

alecsing · 04-18-2007

Hello friends

I am accepting a large payment through paypal by a buyer. Earlier on I have never got such large payments. Do you think paypal will ban me because they won't be sure about the source of the payment? Has it ever happened to someone else?

IrDA · 04-28-2007

Its not a good idea to receive a large payment via Paypal. You can try escrow.com which will be secure for both buyer and seller and escrow can dispatch the funds to you via wire transfer.

computer.man · 05-28-2007

How can paypal ban you? So I advise you to take the payment in installments or payments to multiple accounts

cashtaker · 06-06-2007

I don't think so that you will be banned for receiving a huge amount from others. But, you will be asked to submit your credit card billing statement and your tax information by fax to withdraw the cash from paypal.

mattcch2007 · 06-15-2007

Quote:

Originally Posted by cashtaker

I don't think so that you will be banned for receiving a huge amount from others. But, you will be asked to submit your credit card billing statement and your tax information by fax to withdraw the cash from paypal.

Agreed, you cannot send a cent out with giving them such documents,
as paypal will force such limitation on your account.Beware such issue.

I suggest you to do in a small lump and received by parts on several number of payments

or using several on-line currencies like e-gold / moneybookers etc

This will minmium such a risk.

rts47 · 06-20-2007

I dont think that they will ban your account for big amount of money you receive.They can want some identity proof or something more maybe.

Sama3L. · 06-20-2007

the more money you send the more money they take the more interest they gain why would they ban you?

khulja · 06-20-2007

don't think they can ban u just bcos the amount is alot... lets see if paypal do anything to ur account... if they did just explain everything clearly and things will be fine

HoggieMan · 06-21-2007

I dont think they would ban you, for all they know somone could just be giving you a ton of free money.

04-18-2007	#1 (permalink)
alecsing Junior Member Join Date: Apr 2007 Posts: 17 Rep Power: 0	Need to know something about paypal... Hello friends I am accepting a large payment through paypal by a buyer. Earlier on I have never got such large payments. Do you think paypal will ban me because they won't be sure about the source of the payment? Has it ever happened to someone else?

04-28-2007	#2 (permalink)
IrDA Senior Member Join Date: Apr 2007 Posts: 275 Rep Power: 2	Its not a good idea to receive a large payment via Paypal. You can try escrow.com which will be secure for both buyer and seller and escrow can dispatch the funds to you via wire transfer. __________________ No Siggy

Thread Tools	Search this Thread
Show Printable Version Email this Page	Search this Thread: Advanced Search
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode

05-28-2007	#3 (permalink)
computer.man Junior Member Join Date: May 2007 Posts: 25 Rep Power: 0	How can paypal ban you? So I advise you to take the payment in installments or payments to multiple accounts

06-06-2007	#4 (permalink)
cashtaker Junior Member Join Date: Jun 2007 Posts: 25 Rep Power: 0	I don't think so that you will be banned for receiving a huge amount from others. But, you will be asked to submit your credit card billing statement and your tax information by fax to withdraw the cash from paypal.

06-20-2007	#6 (permalink)
rts47 Senior Member Join Date: Jun 2007 Posts: 100 Rep Power: 2	I dont think that they will ban your account for big amount of money you receive.They can want some identity proof or something more maybe.

06-20-2007	#7 (permalink)
Sama3L. Junior Member Join Date: Jun 2007 Posts: 24 Rep Power: 0	the more money you send the more money they take the more interest they gain why would they ban you?

06-20-2007	#8 (permalink)
khulja Senior Member Join Date: Jun 2007 Posts: 100 Rep Power: 2	don't think they can ban u just bcos the amount is alot... lets see if paypal do anything to ur account... if they did just explain everything clearly and things will be fine

06-21-2007	#9 (permalink)
HoggieMan Senior Member Join Date: Jun 2007 Posts: 100 Rep Power: 2	I dont think they would ban you, for all they know somone could just be giving you a ton of free money.

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)