Is it riskier to accept $1100 with paypal single transaction?

my client wants to pay a single web payment of $1000 as one time fee and dont want to pay daily. i am afraid it is more riskier with paypal. what do you suggest?

 

No risk, go ahead and accept the payment

 

lol...Don't worry.YOU CAN RECEIVEAS MUCH AS YOU WANT...

 

you can receive as much as you want , sender should be verified and with good credit in paypal .

 

come on, don't hesitate

 

sorry but i heard somebody saying that it wont be good idea to accept more than $1000 with paypal and the best way is bank transfer. i am a small time seller and dont know whether paypal would get suspicious if i start accepting big amounts. of course i seller and buyer are verified and we both have good relationship.

 

As you said he is a trusted person..Then there is no need to worry

 

At most PayPal will ask for CC and Address verufication.

 

Have him pay with a Paypal Mass Pay, Paypal mass payments are not protected under paypal's buyer protection. There also no fee's to accept a Mass payment, the sender will pay $1 to paypal to send the money. Once the money hits your account the buyer will be unable to reverse it.

 

Paypal do accepts money. If you are worried about yourself, then big big trusted sites like godaddy accept 10-15k per day single transaction. How do they get worry?

Just dont be worry if you know the buyer perfect, and your work is correct.

 

if is trusted person go ahead then

 

You shouldn't have any worries if you deliver exactly as what was describe or discuss between the two of you. If you feel more comfortable you can write agreement between yourselves stating what the initial $1000 is for and whether it will be refunded or not if a dispute arises between the two of you. If that option doesn't work for you, you can utilize an outsourcing site's escrow service if you're doing a web project and have the person release the $1000 in milestone payments or the full payment after you delivered the completed project and their satisfied with it. Lastly you can accept the $1000 from the other person at you own risk. I advise you to have some sort of agreement (contract) between you and the other person which states exactly what the initial $1000 is for and when will the remainder become due.

 

Just ask your client to send his money right now! Paypal is not risky if you have verified account and do not want to make an illegal transaction.

 

Nothing worried . Because its all depend on your sender credibility .

 

i received 1,700 from rentacoder.com and the stupid paypal limited my account.

Im so sick of it. I sent a bunch of documents with no hope.. i googled for a while and i found this website.. thats why im here

 

In my case, once they put the transaction under review and released the funds in a days time. You can go ahead. If you are really not comfortable with the one time payment, ask the seller to send in 2 or 3 installments. Never forget to save any records of the transaction and that he owes you the money. You can never tell when relations get spoiled

You should have chosen bank deposit. Call them up. When the limit your account, normally they might help when you call. However, most of the time you end up with a 180 days wait period

 

thanks guys! i have chosen merchant account instead of paypal to process high value payments. i guess that is a cheaper way for me because paypal fees are too high.

 

Can you PM me the service that you are using for Merchant Account?

THnaks

 

no risk at all ! I got $2300 at once and nothing bad ahppend !