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Paypal advice needed

Discussion in 'Business & Tax Advice' started by blackhat777, Apr 24, 2012.

  1. blackhat777

    blackhat777 Elite Member

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    Hi,

    Need your help.
    Is it true that paypal payment option as "gift" has no/less paypal fees?
    And receiving a lot of "gift" payments will limit the account soon?

    P.S. - I don't use paypal so much, hence still dont know anything about this. Thanks in advance for your answers.
     
  2. ugjunk

    ugjunk Jr. VIP Jr. VIP

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    Ya that is true. But if you are running a legit business then stay away from gift because since paypal won't be making their commission they won't tolerate anything unusual.
     
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  3. shaddelick

    shaddelick Regular Member

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    If i recall correctly, you still get charged a fee if you receive the money as a gift, but it is less. Also it allows the money to clear into your account, and doesnt allow the sender to do a chargeback. Doing anything without moderation can limit your paypal account, so i would be careful with that
     
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  4. hameem

    hameem Elite Member

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    Receiving too many gifts in a short period of time will create some suspicions in their minds. That would result in a limitation.
     
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  5. hiimanshu

    hiimanshu Jr. VIP Jr. VIP Premium Member

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    yes thats true.you can't receive too many gifts othewise paypal will limit your account without notice.
     
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  6. blackhat777

    blackhat777 Elite Member

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    Thank you guys for all your answers.. :)
     
  7. Heration

    Heration Registered Member

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    I got banned after a while as i was making too much money from people sending cash as a gift. Do not do it long term
     
  8. localwebgeek

    localwebgeek Newbie

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    PayPal will limit your account without any notice if you receive too many gift.
     
  9. a32337

    a32337 BANNED BANNED

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    And 1000 other reasons
     
  10. SquantoPaco

    SquantoPaco Newbie

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    Make sure to verify account first. Also if you are receiving large payments over $200 within a few days of each other make sure to withdraw each payment before sending another to avoid limitation.
     
  11. Chrishiella

    Chrishiella Junior Member

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    i dont think so taht receive so much gift will centainly limit your account, but just stay on the radar.
    dont receive more than 1 personal payment from 1 sender each day.
     
  12. redclover

    redclover BANNED BANNED

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    The gift option can raise red flags pretty easy and I would not suggest
    overuse of it by any means.

    RedClover
     
  13. Shadexpwn

    Shadexpwn Jr. VIP Jr. VIP

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    I'd honestly prefer to just write it off and save the hassle.

    Lost time is lost money.
     
  14. haki_master

    haki_master Regular Member

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    If you receive payments as gift there are no fees for the sender and the receiver , although you shouldn't send or receive too many payments as gift as paypal will not be happy and limit your account eventually as they do not collect their commissions so one two times no harm but do not do this in daily basis.
     
  15. TORINOSKY

    TORINOSKY Newbie

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    yes i got 2 gifts sent to me and the limited my account