Paypal Account: Business or Personal?
- Thread starter lanbo
- Start date
Exaggerated
BANNED
- May 4, 2012
- 149
- 24
I am curious on what kind of business is right for them. They even freeze heavy bankers who are doing legit business. Even low and local businesses like flowers. I suggest a business one. There are less risk in it if you provide everything they need. I can show you a screenshot of the company Ive worked before but been inactive now and still taking payments. Im not connected on that company anymore but I still have an access to the account to do refunds to people. Let me know if this can help.
- Oct 30, 2011
- 5,995
- 9,953
Sooner or later you will get a limitation - and only a few of the people resolve the limitation and keep using Paypal.
The others are just screwed over. I would suggest you go with Business, as this may give you a longer life span before you get a limitation. Dealing with huge money constantly using a Personal account will trigger the filter / red flag quite quickly.
Trust me - I know a lot of things about Paypal. I have had over $XXXX held in funds waiting to be released so trust me on the fact that you will get limited, sooner or later, and when that does come you have a high chance of getting screwed.
The others are just screwed over. I would suggest you go with Business, as this may give you a longer life span before you get a limitation. Dealing with huge money constantly using a Personal account will trigger the filter / red flag quite quickly.
Trust me - I know a lot of things about Paypal. I have had over $XXXX held in funds waiting to be released so trust me on the fact that you will get limited, sooner or later, and when that does come you have a high chance of getting screwed.
fistor
Regular Member
- Feb 29, 2012
- 256
- 317
Im running a 100% legal store. I cant offer anything except PayPal since everyone knows it blabla..
I usually get my Money out when its around 2k ?. Better even before that.
About half a year ago I went to holidays and gave no one access to my stores' PayPal.
So the money in there grew up. It eventuelly reached 9k ? and paypal froze it. _FOR_2_MONTHS_ ?!?!?!
I wrote them several Mails, letters and was in their service hotline for like 7 days straight, no one cared.
I had absolutly no clue, how i would pay my employees
so fun...
If you can avoid PayPal somehow.. please do so !
(PS: that was a business account, everything 100% legit verified)
I usually get my Money out when its around 2k ?. Better even before that.
About half a year ago I went to holidays and gave no one access to my stores' PayPal.
So the money in there grew up. It eventuelly reached 9k ? and paypal froze it. _FOR_2_MONTHS_ ?!?!?!
I wrote them several Mails, letters and was in their service hotline for like 7 days straight, no one cared.
I had absolutly no clue, how i would pay my employees
so fun...If you can avoid PayPal somehow.. please do so !
(PS: that was a business account, everything 100% legit verified)