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Please Help very urgent. I seen it happen to my friend, he made money from his buyers and they just froze his account and said it was high risk and unusual

2007-09-05 03:48:32 · 2 answers · asked by Anonymous in Business & Finance Small Business

2 answers

You have to read all the information on their site before using it, some businesses they don't cover because they can be too close to illegal. Paypal doesn't want to get into anything shady. They post what they're guidelines are and are very clear about it.

Personally I never leave money in the account I have, it all gets transferred to my own bank account as soon as a payment is made. Some people do like to leave the money sit in the Paypal account and treat it as a savings account, but Paypal is NOT a bank, they're very clear on that, so they don't have to abide by the Federal Banking rules and regulations. It's up to their discretion to freeze or block accounts at will, though they won't do it unless something seems wrong about the activity going on.

If you've read all the guidelines and instructions, and have no problem with them, there isn't any reason to be shy about using Paypal. 90% of people have never had a problem with the site.

2007-09-05 13:34:34 · answer #1 · answered by Elaine M 7 · 0 0

you additionally could make a value low value rates account, in basic terms have you ever and your mom and father set it up jointly. a lot of youngsters and particularly much all young infants have them at the instant. it makes saving plenty greater handy because of the fact its plenty harder topersistent to the economic enterprise and make a withdrawl (sp?) than this is to snatch some funds out of your handbag. why do you prefer an ebay or paypal account to make funds? get a job! in case you're actually not sixteen yet, then babysit, mow lawns, puppy-sit down, walk canine, etc. i make all of my funds from babysitting, and as quickly as word gets around approximately you this is going to likely be a superb earnings to your age. (the key's to be to blame, make the infants happy yet do not ruin any regulations, and place self belief in the television and laptop MINIMALLY. teenagers love babysitters who convey issues to do or take them to the park or something.)

2016-11-14 06:26:32 · answer #2 · answered by kinnu 4 · 0 0

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