This is my first post at BHW. Let me thank all of you for making this such an informative forum.
I have a 2-3 year old US paypal premier account. No SSN added. only verified with US bank account and cc.
I am billing for some legal adult sites. I know I should use another biller but adult billers are few and most are unreliable and I have bad relations with ccbill and adult ccbill is expensive (yearly fee plus high transaction cost). Paypal has been sweet bliss for me for the past 9 month. No problems. Only occasional chargebacks and refunds. I never even had to contact paypal about anything.
I already received $6k in my premier account this year (plus more last year - I dont remember how much - I only used paypal a few months last year).
My questions are:
1. How much can I receive in my paypal premier account (this year) before they will ask for info about me and my business? 10k? 20k? or less? or more?
2. Next year, the amount which I can receive before they ask for info/docs, will it start at zero again? or continue accumulating?
3. What kind of documents and info will they ask for if I reach the yearly limit? I can give them my SSN but obviously I dont want to show them my sites.
I have a 2-3 year old US paypal premier account. No SSN added. only verified with US bank account and cc.
I am billing for some legal adult sites. I know I should use another biller but adult billers are few and most are unreliable and I have bad relations with ccbill and adult ccbill is expensive (yearly fee plus high transaction cost). Paypal has been sweet bliss for me for the past 9 month. No problems. Only occasional chargebacks and refunds. I never even had to contact paypal about anything.
I already received $6k in my premier account this year (plus more last year - I dont remember how much - I only used paypal a few months last year).
My questions are:
1. How much can I receive in my paypal premier account (this year) before they will ask for info about me and my business? 10k? 20k? or less? or more?
2. Next year, the amount which I can receive before they ask for info/docs, will it start at zero again? or continue accumulating?
3. What kind of documents and info will they ask for if I reach the yearly limit? I can give them my SSN but obviously I dont want to show them my sites.