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Is having a new paypal account bad?

Discussion in 'BlackHat Lounge' started by bbillings, Sep 25, 2010.

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  1. bbillings

    bbillings Regular Member

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    Paypal just limited my account for my new business website. Is having a new account bad? I was making money for the get go and now its on hold!!!

    WTF????????
     
  2. orbit

    orbit Regular Member

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    yes. paypal wants some seasoning before you do big deals.
    If it's a legit account, just send them what they request and
    they will unlimit in a few days. Call often once you send info and
    they will unlimit sooner.
     
  3. bbillings

    bbillings Regular Member

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    They said it was illegal but its not!!
     
  4. orbit

    orbit Regular Member

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    You might be selling something against their TOS.

    I signed up for 2co a year ago and it's been great. It's about 2% more than
    having your own merchant account and it cost $50 to start I believe. but
    they get you setup instant and without all the gaypal hassles.
     
  5. gamersplaygame

    gamersplaygame Junior Member

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    Don't know, however, Paypal sucks in resolving disputes. I have open dispute since a month and still being reviewed by PayPal.