PayPal limits

Does anyone know if PayPal can take payments of $2000-$4000? Ive heard that payments over $1000 get held up for no reason.

 

You might get flagged.. anyway to get the client to send payments in interval? (I wouldn't take the risk w/ one huge chunk like that).

 

I suggest you should chunk the payment. Based on some DP members experience, yes their account gets limited because of these sudden increase in funds.

 

As both the members said,u can ask clients to pay u in small amounts and yes even i have seen some posts where members PP accounts got limited coz of accepting big amount.

 

PayPal accounts get limited iof payment recieved is over $1000 IF you do NOT get monthly payment over $3000-$5000

If you get above $5000, then you can receive $1000 as well without getting paypalaccount limited..

Just a guess

 

good to know. So $999 would be ok?

 

I get payments up to 10,000.00 via paypal. However your better off saving some money and have the person send you a certified check. paypal will eat them funds up.

also on new payments from buyers of more then 2500 will flag the payment.

 

My merchant account is with PP, and you can recive payments up to 10K. As others suggested thought it might be smart to split up the payment in case of a charge back.

 

I've never really had any large cash sums come to me from paypal
But there FAQs say this:

But I think in order to send that much, you have to be a 'verified' paypal member.

Hope thats of some help.

 

I regularely receive $5k payments no probelm

 

Honestly I've heard numerous people say that escrow.com is the best way to go if you are dealing with large sums of money online. I've never delt with this much money at one time over the net though.

 

You can definitely receive big amounts but any huge funds inflow into your account especially if it is a big amount may raise a red flag. As long as you can justify the transaction by providing them with proof of sales or service, say through an official invoice, they would allow it through.

Their biggest fear is for people to use their system for money laundering or illegal purposes and big amounts do give them the creeps. Make sure that your dealings is above board and legal and you should have access to your funds.

Just make sure when you deal, the party that you are dealing with does not have a shady record.

 

I don't think that you should take in $2-4 k in one huge jump. Like others have said, it should fit it with your account history.

Speaking for myself, I'm gradually building up the amount that I'm taking in. $250, $375, $425, ...

If you do that, I think Paypal will take it easier. (Am I right in this?)

 

Well, I guess at the same time, it also depends on who you get the money from. In my case, I was hardly using my Paypal account but mainly using it to make payments but once in a while I get a few dollars here and there then since I opted for Plimus to send me my commission through Paypal, it went from 2 digit amount to a 4 digit amount. They did not flag my account or anything. They tend to trust organization with a reputation and I have been with Paypal for over a year and everything all nicely verified.

 

i would go through a diff service than paypal, i've been through #@(*& with them lol

 

They might freeze your acount for certain "risks" involved. Try and use an escrow service for large payments.