if you are suspected involve on illegal activity or security reason, they have right to freeze your account no matter how much your balance
Paypal can and will freeze an account at any time for any reason. That's why so many people refuse to use it. They'll even freeze your account and hold your money hostage until you surrender your personal banking information!
Yep. They can freeze accounts no matter what how much old your account is. Just follow all Paypal agreements and you should be safe.
Paypal is not under any monetary regulation like banks and so they could do what they want against your account. Paypal is the god of online finances.
yep, paypal can freeze your account. If you are in dispute with someone they will debit the amount disputed from your account and hold it in Escrow until the dispute is resolved.
Just create two or three accounts, they will freeze your accounts. They don't care about the balance in your account.
Not true. Paypal has a reputation for freezing accounts of even those who do follow their rules. It's ridiculous.
You re right brother,but I am only saying that Paypal freezes accounts when people dont follow their TOS like send money to their Paypal accounts from Fake Paypal accounts,have too many disputes and chargebacks.
Freeze or limited or are they both the same thing? If you get limited you can withdraw the money within 180 days.
Thats correct. They can freeze your account with money in it until you further verify your account.If you have sudden high activity on your account, they may freeze and ask to provide proof of shipment etc.... But usually after you provide all required information, money will be unfrozen
Paypal are freezing accounts on regular basis, because they really enjoy the interest rate that they get for free for 180 days from your frozen money over 580,000.00 frozen paypal account in the world * average frozen balance $853.74 * 2% interest rate = close to 10,000,000.00 easy extra profit for Paypal
Why wouldn't it be right? They freeze accounts with a decent reason. All you have to do is sending them proof of ownership and it's solved -- most of the time.
That's not really true. Paypal freezes accounts randomly, and the headaches caused by paypal are usually worse than those cause by the worst migraines
Possible, but I've been doing correct business for the past year and haven't run into any problems. I used to have a few personal accounts a few years ago though and PayPal closed all of them, I said they weren't in their rights back then, but they were and I would do the same if I would be them (we all would).
As has been said before, PayPal can freeze your account whether or not you abide by their terms of service. Also, unless you want to set up multiple bank accounts, making a bunch of different paypal accounts isn't the way to avoid this little problem. A lot of it has to do what kind of product you sell. If you sell a tangible product, where delivery of said product can be proven, your account is less likely to be frozen. However, if you sell intangible products or services like we do, your account is subject to more scrutiny. I'll give you an example: Paypal requires we have a minimum balance in our account due to chargebacks and the fact that we provide a service and don't sell a product. Moral, PayPal can do whatever they want.