Webmaster Forum

Go Back   Webmaster Forum > Business Forums > Online Business Forum > Online Payment Processing

Online Payment Processing Discussions concerning topics related to payment processing, such as merchant accounts, gateways, credit card processing options, PayPal, Google Checkout, 2Checkout, etc.


Reply
 
LinkBack Thread Tools Display Modes
Share |
  #1 (permalink)  
Old 10-05-2011, 07:08 AM
johnegood's Avatar
Contributing Member
 
Join Date: 07-19-06
Posts: 303
iTrader: 0 / 0%
Paypal as a merchant account: Paypal Reserves

Does anyone have experience with Paypal reserves and getting them removed from your paypal account? It's too long to write up here but I just realized that on one of my paypal merchant accounts (I have two), they are withholding 20% of my money for 90 days!!!!!

Paypal's rules say this but they don't seem to apply to my case:
Quote:
Reserves are funds that belong to you but have been set aside. We hold money in reserve just in case you receive payment reversals or chargebacks and your PayPal balance isn't enough to cover them. Reserves are typically applied to merchants who handle:
large sums of money,
high dollar items, or
items in high-risk categories
__________________
Lets homeschool online
Credit card Processing Insights for Small Business
---------
Are your kids using SpellingCity.com? Why not?

Last edited by HTMLBasicTutor; 10-05-2011 at 10:32 AM.
 
Reply With Quote
Go Back   Webmaster Forum > Business Forums > Online Business Forum > Online Payment Processing

Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Limited Paypal Account while Paypal not Support my Country Jalpari Online Payment Processing 4 02-22-2010 07:16 AM
Paypal account, under 18. XFactorLogo Internet Legal Issues 7 07-17-2008 04:53 AM


V7N Network
Get exposure! V7N I Love Photography V7N SEO Blog V7N Directory


All times are GMT -7. The time now is 12:38 AM.
Powered by vBulletin
Copyright 2000-2014 Jelsoft Enterprises Limited.
Copyright © 2003 - 2014 Escalate Media




Search Engine Optimization by vBSEO 3.6.0 RC 2 ©2011, Crawlability, Inc.