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> PayPal discussion thread, No PayPal fund sales allowed!

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Peterpancakes
post Nov 29 2011, 01:57 PM

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Just want to share something about Paypal to lowyat community here.

As you know Paypal just teamed with cybersecurity, warning shoppers this coming Dec on the 'Safe Online Shopping Month'.
http://techcentral.my/news/story.aspx?file...136&sec=it_news

What yhey should also warn is the Sellers on Paypal procedures. I recently sold some items, with the funds clear onto my Paypal account.
I receive the notification on 'OK to ship' from Paypal

A few days later the nightmare begins, Paypal puts this payment on Hold and limits my Paypal account.
I called Paypal for an explanation and they said that the funds could be fraudulent in nature, and Paypal would notify the seller before shipping the item. The customer service on the phone even told me not to ship the item. Where's the logic in this when Paypal informed me that it was 'OK to ship' and I already shipped the items??

As I continue to receive some payments from other buyers, which I cannot ship due to 'Limited' account, I also cannot refund these buyers, and they placed a dispute on me. rclxub.gif

Anybody know where I can lodge a complaint?
Peterpancakes
post Nov 29 2011, 03:42 PM

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QUOTE(iampokemon @ Nov 29 2011, 02:53 PM)
Nothing you could do. Tell your buyer to wait as you are solving with the limitation. Eventually you'll have to lose away some of your business as it takes some time to solve the limitation.

My advise is to put a hold on your business until the limitation issue is solved. Mine is even worst as paypal will limit 70% of the transaction funds under reserve for 3 months every transaction. I got so fedup of this and I just create another new Paypal account.
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Thanks for the reply. Does it mean that I did not lose my money? As the payment is on hold and also my account is limited.

I submitted some documents Paypal required, supplier information and contact but Paypal wants proof of address. It seems they an limit your account for virtually anything.

I'm so pissed right now vmad.gif
Peterpancakes
post Nov 29 2011, 08:22 PM

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QUOTE(iampokemon @ Nov 29 2011, 06:16 PM)
You won't lose your money, just will lose some of your business since your Paypal couldn't be used right now until everything solved.

Just provide all the information it needs at the checklist will do. Proof of address is a scan copy of your electric/water bill. They will limit whoever account that involves a lot of transactions or huge amount of transaction. And if you have a lot of disputes, they will create a reserve payment towards your account which is happening to mine right now in which 30% of it couldn't be taken out forever until u terminate your service with paypal which is pretty ridiculous.

Since Paypal is used in majority, I guess we just have to follow their guidelines if we want to use their service. The more you use Paypal as a seller, the more troubles you will see later. And that is just the beginning. Good luck
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Really appreciate your response. But this would be my first and last time with Paypal. Apparently, my Paypal account is high risk and they decided to close it.
Peterpancakes
post Dec 1 2011, 11:09 AM

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QUOTE(engineered @ Jan 26 2007, 10:44 PM)
need guide and help about paypal.. want to buy somethings from ebay and others, but dont have paypal account.. im over 18 and dont have credit card yet.. can i still open the account?    icon_question.gif
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You can open a Paypal acccount. No need credit card to load money, just do a FPX payment from your bank to your Paypal account. Your Paypal account wont be verified therefore the amount you can purchase over ebay is RM1575.00 I think??

If its a small amount then it should be okay.

But remember if the Ebay item is fraudulent or you didn't receive the item, then you wont be able to do a reverse charge back.
The only option if anything goes wrong is to issue a 'dispute'
Peterpancakes
post Dec 1 2011, 01:20 PM

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Oopps
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