Never leave money in your paypal account. Too many bad stories
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I never kept more than 2 thousands with PayPal, but when they shut my account down there were only $280. And they send me them, so I lost nothing. Actually they even were that kind to wire me the rest instead of sending a check, because I asked them to do so... I did not like them much, but those scary stories about PayPal are usually overstatements. There is always a way to deal with any people, it's just a matter of one question - "is it worth it?"
Hard to believe that PayPal WOULD ever close up shop.
What with being owned by Ebay and everything and man..Ebay is where the action is these days! (outside of the adult market that is).
Probably due to the risk of losing the money because Paypal does not allow Adult transactions, even though lots of peopl in the Adult industry still use Paypal for transactions.
only a few dollars - I dont keep money in paypal since day 1 because their TOA always said that they close your account at any time for no reason and keep your money
(it pays to read TOA's)
but I'd be more worried about how I was going to receieve payments in the future
so in the long term i'd loose a shit load
I've had my paypal account suspended and reactivated 3 or 4 times now, and that's it for me, they just won't reopen it again, all 'cos of 'adult use' that's buying content, hosting, programming... If you don't run on empty, start now, if they do suspend your account, it's up to 180 days before you get your cash back...
Be Aware!
Robin R.
<a href="http://www.i-seek-sex.com/">http://www.i-seek-sex.com</a>
Originally posted by Phoenix66 I never kept more than 2 thousands with PayPal, but when they shut my account down there were only $280. And they send me them, so I lost nothing. Actually they even were that kind to wire me the rest instead of sending a check, because I asked them to do so... I did not like them much, but those scary stories about PayPal are usually overstatements. There is always a way to deal with any people, it's just a matter of one question - "is it worth it?"
Same happened when they closed our account. I reckon as they were charging 4.5% and others are charging 10% plus holding money back for 6 months they were not so bad to deal with.
Paypal closed our account over night last year, we had 3k in it. I almost choked.
Now with the new account I clean it out everytime it hits around 100 dollars
Better safe than sorry, it took 6 month for us to get the money last time and than they lost they check. When we contacted them about the lost check we made arragments to send it directly into our account instead sending a check. That took another 2 month.
Pulling teeth urgh
Partying since '96 and not going anywhere Anna's Dorm
This is an interesting question though. I transfered the full balance to my checking account yesterday but during the 3-4 day process...If they closed, would I lose that money?
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