The majority of anyone who has ever dealt with PayPal for almost any
decent amount of time would probably agree that PayPal can really cause
a lot of issues at times. PayPal really controls all you do with your
business. They control what you sell on eBay, the way you sell it, and
even the money that you get with regard to selling it. PayPal
practically is the owner of you if you use it to depend on your full
income. As much control as you think you have over your money when
dealing with PayPal, they have a lot more.
PayPal can do whatever they want, and nobody is going to do anything about it.
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However for all of us eBay users, there is nothing we are able to do.
Not accepting PayPal as a payment method is like committing auction web
sites seller suicide. The chances of you succeeding without PayPal are
not very good. A few couple different reasons that I personally have a
big problem with PayPal, and I is sure others will agree. The very first
reason is because PayPal can do what ever they want with your money,
and you are not able to control it. The next reason is they can limit
your account for no matter what they want, for however long they want.
Having a limited account for a long plenty of time can put you out of
business.
Let me get into a little bit of details with what I am talking about here.
Limited
PayPal Accounts: PayPal puts limitations on your accounts, usually
leaving you limited to be able to sign into your account and send money
to your account. Very rarely you will be able to still accept payments.
Most of the time you will not be able to accept payments to your PayPal
account, and you will not be able to get any money from your PayPal
account.
You can view where the problem can come in. When PayPal
limits your account, they are pretty much closing your online business
until they feel like letting you open it back up. Your account can be
limited for months at times. Now imagine (and maybe you already are)
that you care making a living using eBay, and you get paid through
PayPal. What would happen in the event that for a month or two you could
not get anything out of your PayPal account, and you could not accept
any payments. That could result in a lot of problems, and it would be
all of because of your PayPal account getting limited.
Why will your account get limited? Will they warn you before it happens?
Your
PayPal account can get limited for any cause at all. The last time my
accounts was limited it was because I was supposedly "linked" to another
PayPal account that had a negative balance. I put never heard of this
person just before and had no idea who it was, yet somehow I was linked
to this accounts. My PayPal account was restricted for 41 day, even
though whomever this person was brought their PayPal account back to a
positive stability after 3 days. PayPal just kept on coming up with
different reasons for my account to stay limited, and not one of them
made any sense. Fortunately due to the techniques I use to avoid letting
PayPal stop my business from operating (that I will tell you about
shortly) Used to do not lose any money at all. Naturally , this was not
the first time my accounts was limited, and I have lost lots of money
because of PayPal in the past.
So you can observe that PayPal
really does have control over your business and your money. There is
however , lots of ways to avoid letting PayPal try this to you. There
are two pretty simple issues that I do to make sure I have control over
the business and my money. The first thing I do is make sure that I IN
NO WAY leave money in my PayPal account. I withdrawal from my PayPal
account every single day. I also have a PayPal debit card which makes it
very easy to withdrawal my money right away. The next matter I do to
make sure that I will always be capable of take orders from customers
through PayPal is to make sure I have entry to multiple PayPal accounts.
Now
so far as the multiple PayPal account method goes, I do not want to
tell you what to do with that because I have been informed that the
method I am using to get multiple PayPal accounts will ultimately catch
up with me, and they will all get linked and closed. I never want to
send you in the wrong direction, but you get what I am stating. The
point is that you never want to keep money in your PayPal account, so
you always want some other way to acknowledge payments through PayPal
even if your main account gets closed.
I also simply started
reading a guide that shows exactly how to get around all of the eBay and
PayPal problems with out multiple accounts and worrying about the money
in my account. I have been told the techniques in this book are great.
Once We get finished reading it We are writing an article about it. I
will not however , disclose the too much of the info that is in the book
out of respects for the author. You can check out this book here, it is
highly recommended personally by me. It will save you a LOT of money
throughout your own eBay career, along with an unlimited quantity of
frustrations.
very interesting , good job and thanks for sharing such a good blog.
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