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Would I be safe using Paypal this way?

Discussion in 'Making Money' started by RuiGomes, May 9, 2012.

  1. RuiGomes

    RuiGomes BANNED BANNED

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    So I am running a quite succesful PPD website and I have a load of payments to process. I am able to receive the funds through wire.

    I was thinking if it was possible to just pay directly from my bank to my affiliates, instead of uploading funds to Paypal first. This way I would be safe of getting my account limited with loads of money there.

    Is this possible? As anyone tried process loads of payments through credit card?
     
  2. krayzietalent

    krayzietalent Junior Member

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    You might need a merchant account. Open a business checking with your primary bank and if things check out they'll open a merchant account for you, and from there you'll be able to process loads of credit card payments.

    On the other hand, depending on your bank, you could call them up and tell them what's going to be going on and they shouldn't really mind, it says you live in Portugal and I don't really know how things are there, but if I called up my bank they wouldn't mind me doing a lot of transactions, and they'd all go through (as long as I told them I would be doing this, otherwise it looks suspicious and they'd put a hold on my account).

    Otherwise, PayPal really isn't that bad. Most people on this website do shady things (I'm guilty of that too) but if everything you're doing is on the up and up you really won't have much of a problem. Everytime PayPal gives me any trouble I call them up and things are usually resolved before I get off the phone.
     
    Last edited: May 9, 2012
  3. InfinityAI

    InfinityAI Jr. VIP Jr. VIP Premium Member

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    You should be alright - the only thing that I would be wary of is that sometimes people that use PayPal like to chargeback, so make sure to take that into account. I'm sure your business model is fine with PayPal; if they call you, just talk to them.
     
  4. RMX

    RMX Power Member

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    He's using PayPal to pay money to his clients, not to receive it. That's not the case.

    OP, the scenario you mentioned is possible with UK PayPal accounts with a bank account added. Not sure about your country.
     
  5. ChrisDouthit

    ChrisDouthit Registered Member

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    You can link your PayPal account to your bank account, then if you send money it will be pulled out of your bank account for that specific sending. That way you do not have to keep funds in your PayPal account.