Paypal Limited account!!!!

Discussion in 'Payments processing' started by CrackBaby, Nov 2, 2007.

  1. CrackBaby

    CrackBaby Member

    Joined:
    Aug 22, 2006
    Messages:
    154
    Ok Paypal has ruined my business for the last month.

    I sell digital products and they are VERY popular. so popular it made paypal take a look at what I was selling. I appealled over and over and over again until I am to the point with paypal that no oen will listen to me.

    So I think I found a way around this. They limited my account because of High Risk, they said I was taking too many orders too fast and not keeping money in the account long enough. Hello I am running a business and it is a start up, I have a paypal business account! What I was doing was taking the money including the profits and buying more digital products. What I call rolling the money over and over. Paypal did not like my idea and considered it high risk. Paypal reserves the right to limit an account due to high risk as they see fit. Paypal describes High Risk as ANY internet transaction according to the Executive of Appeals.

    What I have done, I hired amember staff to put a limit on my paypal plug-in.

    It does two things, Daily limits - limits the number of COMPLETED daily sells so you can slowly build a history with paypal to show good transactions. Once thie limit is reached the plugin is HIDDEN from users as a payment method. This way incase someone is in the middle of a transaction it still gets posted.

    All time limits - since I sell products I can have someone else collect the money in their paypal account based on what they pay me. If someone buys 50 products I can set the all time limit to 50, if they come back and buy 50 again I just add another 50 to the total which equals 100. So far this has worked out GREAT.

    You can also set both this limits to unlimited and or hide the plugin from users without disabling the entire thing. I noticed when I disable the plug-ins it screwed up the forms of pripor payments.

    If you are wondering where i am using amember just ask
  2. miso

    miso aMember Pro Customer

    Joined:
    Aug 22, 2006
    Messages:
    543
    why go through all this hassle?

    just leave the money in your paypal account and don't take it out every day (they need to know that you have money available in there in case of refund requests).

    or get a merchant account or something...

    easy.
  3. skippybosco

    skippybosco CGI-Central Partner Staff Member

    Joined:
    Aug 22, 2006
    Messages:
    2,526
    This does seem a bit odd given they are "digital products". Are you turning over your inventory on a daily basis or something? If not, why would you need to buy more of something that is indefinably reproducible by nature?

    Either way, I tend to agree with miso..
  4. miso

    miso aMember Pro Customer

    Joined:
    Aug 22, 2006
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    That whole post smelled too fishy to me... there's some hidden agenda behind it.
  5. CrackBaby

    CrackBaby Member

    Joined:
    Aug 22, 2006
    Messages:
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    The digital items were access codes for software.

    I had to buy the access codes and resell them. So I would use the money in my paypal account and send to the person I was buying the access codes from. I was turning over my inventory at least 4 to 5 times a day when I started. Since I was new reseller I could not get credit from the company selling the access codes to me.

    As far as leaving the money in there, at the time it was not an option, in fact they did not limit my paypal account until after I transfered $2,000.00 into the account. The $2,000.00 was going to be my base reserve to show them I was a legit customer. I guess I did nto do it fast enough for them.

    It all worked out. I had Alex and staff write the limited Paypal plugin and it slowed my turn over through paypal down to once a day. Thank god for Google Checkout and Western Union.

    There was nothing fishy about it. I was a small internet company that was started with my last $30.00 and this script. In the three years I have been in business with this company I paid all my debt and able to go back to college for the time being while the economy picks back up.

    Thank you aMember for all your support, without you I could have never been so successful!
  6. martyseilh

    martyseilh New Member

    Joined:
    Dec 26, 2010
    Messages:
    1
    "just leave the money in your paypal account and don't take it out every day (they need to know that you have money available in there in case of refund requests)."

    I agree with this statement too because paypal need to know that you have money available in your account.

    ------------
    Unisex Denim Scrub Top
  7. watchfootball

    watchfootball New Member

    Joined:
    Aug 15, 2007
    Messages:
    16
    Just stop using paypal that what ive done paypal think they are some kind of god but they going down hill big time and have been for the last few years. Just you google checkout or segpay or one of the other top 10 companys as if you have a good item or service for sale people will buy it anyway.

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