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I have some question about paypal, please help

Discussion in 'Business & Tax Advice' started by OnlineGodfather, Jan 17, 2011.

  1. OnlineGodfather

    OnlineGodfather Senior Member

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    Hello,

    Since i am doing alot if internet ventures and its just going up with the numbers, so i am doing well. The question is what can i do with paypal and their limits cause i dont want to wake-up one morning and could use my account anymore cause i depend on him alot! most of the money comes through paypal :/

    For now my account is business verified and i am not dealing with ebay :p

    thank you for all answers :)
     
  2. bryanon

    bryanon Executive VIP Premium Member

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    The only sure thing you can do is (quickly) move away from PayPal and opt for a more serious payment gateway. You could look into opening a merchant account directly with your bank, or if that's out of question for whatever reason (low volume / high risk / not interested in declaring all your income) then a 3rd party payment processor such as 2CO, 1shoppingcart etc. might be able to help you out.

    If you do choose to stay with PayPal then just make sure that all your docs are in order and that you can supply them with everything that they may require at one point, incl. business docs, invoices, proof of transactions etc. etc. Mind you though - even if you do this there's still a chance of getting your account frozen and/or terminated with PP holding your funds for 180 days before paying them out.
     
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  3. dheer

    dheer Jr. VIP Jr. VIP Premium Member

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    leave gaypal and opt in merchant account.
     
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  4. OnlineGodfather

    OnlineGodfather Senior Member

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    what do you think about moneybookers or maybe neteller? I would still prefer the one which is used by most people. I know alot of americans has moneybookers...
     
  5. Gruzin

    Gruzin BANNED BANNED

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    I see you are russian , and as I know in russia paypal doesn't allow get payments.

    Moneybookers are more safer. But anyway I am using PP
     
  6. OnlineGodfather

    OnlineGodfather Senior Member

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    tnx, i will probably go with plimus, which support also paypal payments but its more safer.
     
  7. Jorod

    Jorod BANNED BANNED

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    yep, that plimus does sound good.
     
  8. ying-yang

    ying-yang BANNED BANNED

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    be careful plimus, ignore emails and when u ask for refunds or advice they are very very slow in giving u it, i asked for a recall on a BHw. MOVIE SITE , AND THE bh AGREED TO REFUND, BUT plimus didnt agree , untill i had send over 10 emails .
     
  9. jb007uk

    jb007uk Regular Member

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    Hi,

    I have used Moneybookers and certainly prefer them to Paypal (but the that is not difficult - right) The only problem and it is a big problem is that most individuals that I have come across only use Paypal. Why not get more than one payment option, as they say "never put all your eggs in one basket"

    J
     
  10. Markbh

    Markbh Regular Member

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    I suggest Plimus or Moneybookers as well. They take orders via Paypal too, so you do not loose any customers.

    Plimus can be very slow in their customer support, but that would be more of your buyers problem, actually. And once they do reply, they act fairly fast.

    PayPal and large turnover is like waltzing in a minefield, especially in IM. Sooner or later the luck runs out.