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:
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