Tricks and tips to avoid PayPal limitation
PayPal is an account-based system that lets anyone with an email address securely send and receive online payments using their credit card or bank account. It is the most popular way to electronically pay for eBay auctions and it is becoming a cheap way for merchants to accept credit cards on their on-line storefronts instead of using a traditional payment gateway.
Visit www.PayPal.com
PayPal frequently limits suspicious accounts and its very annoying for those who do online business using PayPal. The following tricks can be followed to avoid PayPal getting suspicious of your account and limiting it.
- When you receive a large payment, let it stay in your PayPal account for a few days. If you immediately try to withdraw your money, or send it to another account then you will be suspected of having received fraudulent funds
- Maintain a minimum balance of atleast 5% of the average amount of the transactions that you handle. If you are dealing in thousands ($XXXX), it is advisable to maintain balance of $50 to $100 in average
- Do not frequently login from different range of IP address
- If possible break your payments such that the amounts are below $500
- 90% chances are that if PayPal limits your account, they won't ask for the explanation of transactions below $500
Good Luck, have a nice PayPal time!
