My paypal acc was limited 3 times for 40 days ... everytime when i reach a balance more then 3300$ they limit it. I call , talk to an agent ( 25 mins ) , talk to a resolution agent ( 25 mins ) and a supervisor ( 25 mins ). Thats every f*ckin week.
Paypal/Moneybookers make killer money every single day from limiting and blocking accounts. Many users are minors and are not capable of restoring their account. I have personally in the last 2.5 weeks, lost a total of about $1,400 to moneybookers. I cannot do anything about that. I am sure that paypal/moneybookers make well over $50,000 a day just from people who cannot restore their account statues. So, they keep blocking and limiting you, hoping that you cannot re-instate your account, and they profit.
If it's due to security reasons (which it almost always is), it's either the buyer possibly being out of their money, or the seller.
That can only happen if Google Checkout starts to make a big impact. I don't see it happening at the moment and seems that I haven't hear any update about them as well.
In all the years that I have used paypal only once has my account been compromised, and paypal were quick to spot the payment being made and stop it. However I don't use paypal to store large amounts of cash as that is what a bank account is for. Dan
yeah paypal sucks, but they are the biggest company in payments.. limited status isn't that bad, its only for our protection.. plus if you put your real information, theres nothing to be worry about
There are plenty of other options to paypal, there are only a few other money transfer services though that are as easy to use as paypal. If you have a website, why not look into a third party processor or a merchant account? Or do you use it for contract work?
The federal bank of america is already public, "sort of" . It is as federal as the Federal Express company FEDEX as some ppl put it