I am using Paypal for many years and I have a verified Business account with them. I also completely understand it's methodology of working. However, I am worried about this particular matter and want to have your opinions or facts. Here is the description of my problem: I am on my way of entering into a partnership/joint venture with the members of Digital Point forums (see my signature) and want to play everything fair. Thus, in order to maintain complete transparency, I will be giving them the access to my main Paypal account. So that, they will be able to see all the transactions and income and will get their fair share of money. To achieve this, I have created additional users in my Business Paypal account, but the problem is, that my partners can be from any country, and thus, accessing my account from different countries may create a red flag for Paypal, and they may limit my account. If it happens, even temporary, I will be screwed since my business relies upon that. So, my main queries and worries are: 1. On a practical ground, how much risk does it possess? 2. I know Paypal limits the account accessed by the MAIN account holder from another country, but does the same apply to the additional users too? 3. Is there any way I can deal with it? 4. Are there any other risks?
It's as if you're giving access to someone to your bank account. Why do it? Today you two may be the world's best friends, but can you have the same trust days after days, months after months? ... If in your shoes, I wouldn't do it. Again, there is a risk of PP immediately limiting your account if your partner is operating your PP account with his IP address from another country. It's a sure thing PP will do in such case. In PP case, everything is a big RISK, so take care ... Still, if you want to do a JV, then try opening another PP account which won't hurt your primary PP account even if this new one gets hammered by PP. You can have two PP accounts, you see. But this 2nd account will be too risky in a JV if the JV goes sour. This new account will become useless to you if PP permanently bans it for whatever reason (read: a scam by your partner). HTH
Email all these info to the paypal support. specify the countries too frm which ur user can access it. the paypal customer care will put a note on ur account regarding that. it will prevent the limitation.
Having never operated a business account myself, on the face of it this act appears a lot more risky .... unless of course, Paypal has a built-in system that authorises transaction capabilities only to the main account holder and prevents other members/users from paying/withdrawing the funds. Regards, RightMan
I would have to say, that I have no other option of earning peoples trust. Since, I am a relatively new member here with small posts/itrader count, people really hesitates to deal any money matter with me. So, the best way would be to share the paypal access and this would bring the sigh of relief to them. And no, creating another Paypal account would be like a sort of cheating with partners as there will be possibilities in the eyes of partners that I may take money in my main account. And Rightman, you are absolutely right on money. I was talking about that particular facility, provided exclusively to Business account holders. That is called "Manager Users" and you can read more about it Here. So in short, I won't be giving them any access to pay/withdraw or play anything with the money of profile. All they will be authorized to Schedule and download Transaction History, and run Settlement Report. That's it - nothing more. I wonder you folks didn't know about it. It's really such a great facility and I have been using it since long time in order to let the employees of my company have access for managing the account, orders and the business itself. Thus, my risk is not about the users intentions, but about the Paypal intentions. As, if those additional users will access to my Paypal account (even with the limited rights) from different countries, will Paypal alert and limit my account as it does normally?
I tried to contact Paypal. Here is what I sent: And here is the reply I got: Now, the issue is, that I will be frequently adding and managing the users in this partnership process. So, sending Emails and Faxes to them EVERY TIME I do any such activity is also a pain. Even email alone could have been OK, but why the need of FAX? Man, Paypal is making me dizzy.
So, after exchange numerous emails with them and having a hard time to convince them for it, they finally told to have a talk with them via telephone to their US department. So, I did have a long conversation with them (It was probably an hour and some minutes) and finally, I succeeded in convincing them for it. They finally told me that they will put note on my paypal account (As earn easy said) and thus, my additionally created users will be able to access paypal without any problem! So, the punchline here is: "There are somethings EMAIL can't buy. For everything else, there's a TELEPHONE" !
I feel pity !! Why dont you use some bloody team viewer things for this very own purpose? So that your partners can see your paypal too and the only thing is that, both should be online same time!! Go to www.teamviewer.com Still want to know more?? Thanks! ~ExP~
And now, they can access your Paypal, Alright!! Why cant they simply withdraw all your money, incase if one of them is a scammer?? As far as i am concerned, paypal only allows adding multiple emails but they should be accessed with the same password!! In that case, any,among your parter can Rob all your money!! AM I RIGHT? Thanks! ~ExP~
@extremephp, Unfortunately, you ain't right. You also don't need to pity on me IMO. It was clearly mentioned in one of my previous posts that no one can ROB me or SCAM me in any way, even if he wants to. All I was concerned of the Paypal problem, not the users: "I was talking about that particular facility, provided exclusively to Business account holders. That is called "Manager Users" and you can read more about it Here. So in short, I won't be giving them any access to pay/withdraw or play anything with the money of profile. All they will be authorized to Schedule and download Transaction History, and run Settlement Report. That's it - nothing more. I wonder you folks didn't know about it. It's really such a great facility and I have been using it since long time in order to let the employees of my company have access for managing the account, orders and the business itself. " And just as a matter of fact, I am using the "Bloody" Teamviewer since ages. In fact, one of my core business runs completely upon it.
please dont allow anyone to access your account since it may cause immediate limitation of your account by paypal
I guess... OP has his base well covered... and it appears there is no harm for him in going ahead with his plan. I am pleasantly surprised at the positive attitude shown by Paypal in accommodating his request! Regards, RightMan
Yes Rightman, you are right. I have got my ass already covered, the issue was just about paypal country access. I sincerely hope, other peoples too bother to read the posts carefully and then subsequently answer them.