PayPal Question

Discussion in 'PayPal' started by iNTaYkE, Nov 4, 2007.

  1. #1
    Alright, well later this month I'm going to be sending quite a large amount of money through PayPal (Approximately $700-$900 USD).

    This amount is unusually large compared to other transactions I've processed (The most I ever spent through PayPal is about $100 USD, and that was a few months ago). The average amount I send through PayPal is probably between $1.99 - $59.99 USD).

    Okay, well, lets get to the PayPal question...
    I've noticed a lot of PayPal accounts getting limited due to various reasons such as suspicious activity, and I was wondering if PayPal would observe this transaction as suspicious activity?..

    Some other information on my PayPal Account:
    Seller Reputation: (7) Verified Buyers
    Account Status: Unverified
    Account Type: US Business
    Total Transactions: 100+
    Account created in late February 2007
    I have 1 Credit Card attached to my account and 0 bank accounts.
    I live in the United States.

    Also, I'm considering buying a Bank Account through DP (http://forums.digitalpoint.com/showthread.php?t=403940) to verify my PayPal account, is this a bad idea?
     
    iNTaYkE, Nov 4, 2007 IP
  2. deluxdon

    deluxdon Catch Me If You Can...!!!™ Staff

    Messages:
    25,481
    Likes Received:
    1,943
    Best Answers:
    32
    Trophy Points:
    480
    #2
    As you said you have 1 credit card attached to your paypal account then why don't you get verified through that cc instead of bank account :confused:
     
    deluxdon, Nov 4, 2007 IP
  3. iNTaYkE

    iNTaYkE Active Member

    Messages:
    259
    Likes Received:
    3
    Best Answers:
    0
    Trophy Points:
    73
    #3
    In the US, you can't get verified through just a credit card, you need a bank account.

    Also, here is the thread I am considering to buy a bank account from.
    http://forums.digitalpoint.com/showthread.php?t=403940

    Besides the bank account question, can someone answer my first question about suspicious activity?
     
    iNTaYkE, Nov 4, 2007 IP
  4. QiSoftware

    QiSoftware Well-Known Member

    Messages:
    805
    Likes Received:
    10
    Best Answers:
    0
    Trophy Points:
    158
    #4
    I thought it was only suspicious if it was being sent to your account-- and not if you were paying someone else?

    Q...
     
    QiSoftware, Nov 5, 2007 IP
  5. Hellfire81

    Hellfire81 Peon

    Messages:
    2,183
    Likes Received:
    85
    Best Answers:
    0
    Trophy Points:
    0
    #5
    Yes, I think the same. It´s only suspicious if you normally recieve amounts of 1.99$ and then 700$, not vice versa. And gettin it verified is always a good solution, even if adding your real bank account would be better of course.
     
    Hellfire81, Nov 5, 2007 IP
  6. inworx

    inworx Peon

    Messages:
    4,860
    Likes Received:
    201
    Best Answers:
    0
    Trophy Points:
    0
    #6
    I'd say add a real bank account, not a fake one :)
     
    inworx, Nov 5, 2007 IP
  7. eddy2099

    eddy2099 Peon

    Messages:
    8,028
    Likes Received:
    568
    Best Answers:
    0
    Trophy Points:
    0
    #7
    If you are in the US, why not just use your bank account ? If you are wary about them having your personal bank account, why not just go open a bank account exclusively for Paypal's usage and use that.

    Buying a fake account may work for a while but Paypal isn't stupid enough to fall for that trick for long. If you value your money and your account, do everything by the book.
     
    eddy2099, Nov 5, 2007 IP
  8. inworx

    inworx Peon

    Messages:
    4,860
    Likes Received:
    201
    Best Answers:
    0
    Trophy Points:
    0
    #8
    Fake information gives you fake money. prevent that and save your a**
     
    inworx, Nov 5, 2007 IP
  9. iNTaYkE

    iNTaYkE Active Member

    Messages:
    259
    Likes Received:
    3
    Best Answers:
    0
    Trophy Points:
    73
    #9
    Ok, forget about the bank stuff now I guess.
    Any more answers about the suspicious activity that I need to be aware of?
     
    iNTaYkE, Nov 6, 2007 IP
  10. inworx

    inworx Peon

    Messages:
    4,860
    Likes Received:
    201
    Best Answers:
    0
    Trophy Points:
    0
    #10
    Keep all documents handy. Since you're going to do something not as usual, you account might be limited at any time.
     
    inworx, Nov 6, 2007 IP
  11. eddy2099

    eddy2099 Peon

    Messages:
    8,028
    Likes Received:
    568
    Best Answers:
    0
    Trophy Points:
    0
    #11
    I don't see a problem if you make a lot of purchases as long as the money is yours. However if you are expecting incoming money then make sure that you have all the necessary documentations such as invoices, proof of delivery and all that handy if needed. Also use the Paypal's Invoicing System for that.
     
    eddy2099, Nov 6, 2007 IP
  12. izeaus

    izeaus Banned

    Messages:
    803
    Likes Received:
    18
    Best Answers:
    0
    Trophy Points:
    0
    #12
    There is absolutely no risk in Sending money from your account. I have already sent thousand dollars at a single time which did not limit my account. SO no problems
     
    izeaus, Nov 6, 2007 IP