Paypal limitation, what is it ?

Guys, i have heard alot on this forum about paypal limitations and people crying over it.

What is it ? Why do they do it ? I do alot of transactions through paypal and i sometimes have 300+ dollars in it. Am i safe to keep money in it ?

Please enlighten me on this topic, so i better be warned in advance.

 

PayPal limitation means.. for some reason. paypal has held your account (with or without funds) and would then send you an email stating the information they would need from you to restore your account access to normal.

Its generally identity proof & address proof..

Limitation can happen for several reasons..

 

As long as you obey their rules,you don't need to worry about it.

 

Ive transfered thousands at a time when I was full blown ebay selling.. no issues unless people start opening refund or payment cases on you.. Just a Pain in the ass to clear up because the process is slow.. even for someone who has thousands of varified payments with no issue.

2 open cases usually gets funds stopped, you can always call paypal to remove the restriction of money coming in.

 

I don't understand why my account is unverified i already verify my address. paypal is requiring me to add a credit card. I already have funds on my account but i cant pay something online coz my account is unverified.., hmmm

 

Just add a CC and there'll be no sending limit.

 

hey guys i was wondering that is their any recieving limit in paypal

 

Nope.. You don't have any receiving limit. But.. if you have a Personal Account, then, you can only receive 5 Credit/Debit card payments per year!