(I'm trying to find out if the rolling reserve thing is indeed limited to US, UK and Canadian accounts with Payment Pro/Virtual Terminals and Ebay users.)
got a paypal rolling reserve of 5 figures, initial 3 monthes sucked till full circle was completed but fine now.
web payment pro? virtual terminal? are you an ebay seller?
because so far it looks like only accounts with web payments pro, virtual terminal and those belonging to ebay sellers are getting hit with the rolling reserve.
We've had our PP account a long time... But we didn't start taking web transactions or ebay at any volume on it until a couple years ago. I don't remember any reserves though.
We have hard goods and once we enter a tracking number, pp doesn't seem to care much anymore. This also makes our return rates pretty much nothing, down to our own stupid mistakes.
Maybe it has to do with the type of item(s) sold, do you enter a tracking number on everything?
I had account 10+ years. No charge back or disputes on it at the time. I was hit with something like a 10% reserver for 3 months. I posted about it on GFY at the time, apparently no one else claimed to have heard about it.
When I was hit with it, the transaction volumes, and dollars really spiked compared to historical volumes. That was the reason for them hitting me. Claiming because of the dollar, and transaction amounts, the risk was higher. They would review every 90 days or some shit. In the end, never removed. Although it was only 10%.
Last edited by Barefootsies; 12-29-2010, 07:43 AM.
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