Another Paypal horror story

yuuzokun

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So Paypal decided to close my account after 5 years . Here you go !

It started yesterday when I tried to pay someone , I usually ask freelancers to do the work and pay them after they're done, the payment is done using F&F sending type (70% of the times), Yesterday Paypal decided to limit the account and ask for further information (ID, address and the rest of their bullshit).

I uploaded quickly everything they asked for (real information and details) and got to sleep. Today I woke up and wanted to follow up with them over phone. 5 minutes Right after I ended the call, I recieved an email saying the the appeal is rejected and the account will be closed. Spoiler alert : $7500 blocked for 180 days (Hurray !)

Before some of you keyboard warriors start to jump in, I'm not selling any prohibited items, The details are real, and in the last 200 transactions only had 1 refund (which I won, because the buyer canceld it) So yeah , I concider myself quite a nice boy when it comes to paypal.

I'm not looking for a solution since I know for a fact that this decision is final (I got to talk with an executive over the phone) or an alternative (I have a merchant account), this is for the ones that are using Paypal as their only payment processor. As you can see here, my activity was always stable and correct using their platform but still, "too much risk" , TMR my @ss when you know you didn't do anything,

So guys, don't put all your money in the same place, try to find alternatives since Paypal will let you down , (but Yuuzo, I've been workin with them since ages and nothing happens) , Yeah maybe, but so did I, and it happend finally.

I do believe Paypal is on the verge of going down, many marketers and freelancers are relying on it (yet getting dissapointed)and it's just a matter of time.
 
If I have more then few hundreds in PayPal I can't sleep at night.

They will limit me as well asap as from instant withdraw in bank account,was 1 Day, now up to 3.

I hope one day this bastards will collapse. I hate them with passion.
 
PayPal is becoming too restricted. That coupled with some bank transfers taking 3-5 working days, I really wouldn't be surprised if it went down. It's not what it used to be and there are so many other options out there now anyway.
 
MFkers,
They was asked for the docs after 5 years of activity?
 
They likely found out you were using friends or family payments for business transactions.
They scrutinize this, especially on business accounts.
 
MFkers,
They was asked for the docs after 5 years of activity?

This was their second time actually , the first was the classic "add a bank account" and "bank statment". I really don't mind that as it falls under to KYC policy.
 
They likely found out you were using friends or family payments for business transactions.
They scrutinize this, especially on business accounts.

I don't think sending the payment using F&F or any methods will cause that.
 
Mine is approaching 10+ years and still got the document verification last month.
Not banned yet but i bet its coming for me too.
 
Mine is approaching 10+ years and still got the document verification last month.
Not banned yet but i bet its coming for me too.

Hopefully that won't be the case.
 
I don't think sending the payment using F&F or any methods will cause that.

They most definitely do watch for people using F&F to rip them off and avoid their fees.
You may believe what you like though.
 
I think they are cracking down on the abuse of friends and family payments, pretty sure I read that somewhere recently.

But would that be concidered as "Too much risk" ? Yes I saw that too and they decided to add a fee to any F&F transaction. But I don't think it'll go to closing an account.
 
Yes I read and experience myself as well , they want their share , of course.

But would that be concidered as "Too much risk" ? Yes I saw that too and they decided to add a fee to any F&F transaction. But I don't think it'll go to closing an account.

I think it might if the majority of your payments are F&F and it looks like you could be running a business.
Obviously nobody can be sure of the reason unless they have a contact at PP but I keep F&F payments just for F&F and pay fee's on everything else so my account is 100% legit.

You could just open a few other stealth accounts and just carry on, but I think lot's of people may find F&F payments a problem in future, especially if the majority of payments are made that way.
 
I'm not sure how much exactly, but it's isn't $12.99 transactions. Also $7500 is what's left not the total amount I had.
A lesson for those reading is to withdraw payments as soon as you get. In some countries, it is withdrawn every 24 hours.
 
I think it might if the majority of your payments are F&F and it looks like you could be running a business.
Obviously nobody can be sure of the reason unless they have a contact at PP but I keep F&F payments just for F&F and pay fee's on everything else so my account is 100% legit.

You could just open a few other stealth accounts and just carry on, but I think lot's of people may find F&F payments a problem in future, especially if the majority of payments are made that way.

Yes I do have other accounts and will try to limit the payments all together from it.

A lesson for those reading is to withdraw payments as soon as you get. In some countries, it is withdrawn every 24 hours.

Yes, unless you need to pay ads or services , That account was meant for paying both. But yeah, if you're making a living from it then you SHOULD withraw whenever you have the chance.
 
Damn, I’ve heard a lot of stories like this and with even more money if the $7500 was the only amount you had that would be a problem especially.

Personally the biggest amount held for me was about $400 which was a minor issue but was still annoying it’s actually still held for a few more weeks.

PayPal defiantly needs to have a system to fix this because now PayPal is a gamble for big payments sometimes but I hope things work out to the best!
 
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