Is receiving more than $500 in PayPal now successful with smooth transaction ? I have been searching in threads but did not find many users related to this query. Please let me know if things are successful. Thanks
If the rule has been made by PayPal why asking it?? Even if you get the money, PayPal might limit your account and hold the money. So, better don't take risk and follow what PayPal says.
PayPal say limit has been raised ! So should i follow that ? Or risking that ? Thats what pops in my mind after reading your complicated answer
Yes, you risk only when you don't follow them. So try to receive less than $3k at a time and your account would be safe.
Why are you in doubt, if they have confirmed that one can receive $3k per transaction per day? It is published on the front page when you log into your account. Also they have posted long artcle on their blog about this matter.
Limit has been increased but if your account is opened from one location and you are accessing it from another, paypal can hold your balance while doing large amount transaction.