Quote:
Originally Posted by BlackCrayon
I've done thousands per month with paypal, never had to send in a thing.
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Is that money from sales on Ebay or simply PayPal transfers? That makes a difference.
Also, do you spend much of your PayPal back into PayPal or do you withdraw it to your bank account in large chunks ... are you exceeding $5K in withdrawals per month... if yes, you've simply been lucky...
You may be thinking along the lines of "hey, I do thousands every month with PayPal, so they value my business, and they wouldn't hassle me" ... don't be so confident - there are many reports of even Ebay powersellers doing far larger volume with fantastic feedback, excellent reputation, no unresolved paypal disputes getting hassled by PayPal out of the blue.
Check out the PayPal discussion forum on Ebay (they own PayPal) for many of the horror stories, and numerous glitches, many of which most don't know anything about... two examples below:
* PayPal sometimes will take money from one's account via ACH (eCheck) anyways even though one has specified a different payment method, such as credit card.
* Old, or even random, "ship to" address can sometimes appear in one's PayPal profile - this can lead to situations in which a seller unknowingly ships to the wrong address, and buyers can be left wondering why they didn't get their item despite the seller insisting they did.
Ron