I will be getting more funds than usuall, and each one is about $200- $600. I will be getting larger amounts from 200+ different paypal customers. (So in a worse case scenario i can get $40,000) - within the space of 2 weeks. Nb- i get some smaller amounts regularly, but i will be getting larger amounts from 200+ different paypal customers. oh and the idea is Legit and hard work has been put into it, but i cant reveal much about it at this stage. if it goes to plan then i will consider making a WSO on it. Questions a) Are there many alternative payal payment processors which Rarely have issues on lauches etc? b) Are there any payment processors regular 'product launchers' use ? c) Can you list them please (Don't just list any payment processor you can think of, but launch friendly ones) d) And the ones you recommend, can Buyers Still pay with Paypal? (so they use paypal to pay into the payment processor, and you get money direct from the payment processor via check eg)
I'd say you stick with Paypal as long as you aren't doing anything illegal. You may want to notify Paypal before hand and ask them for suggestions regarding any legal issues, fees, documents, etc... Apart from that, i'd suggest you to advise your customers to use the mass payment feature so that you could save atleast $xxx by the end of the ordeal.
Mass payment is a good way to get the account suspended. Paypal routinely audits merchants that receive a lot of personal or mass payment payments.
You can use Google Checkout if you are from U.S, they will check everything, you will just need to charge the buyers credit card after purchase made.
paypal would limit the account so fast for that amount of money and then you would be looking at a 180 day wait to withdraw
Try Plimus or Alertpay they support the mass payment to a certain extent, even if its more than their limit they will inform you before blocking your account.
Sure they will, its an opportunity for them to take it away. happened to me when i crossed 15k, limited couple of times and screwed my business. everytime i provide documents , they limit again for another reason. and game goes on.
the limits are in place due to the money laundering acts. they are forced to use them. i think you will find all accounts and payment processors will have some sort of limits in place.
Since you getting $200,then I would suggest you apply for merchant status from Visa or Mastercard terminal.
I second it, the best option is not to use a free to use processor and to use something like 2CO or some merchant account which will enable you to receive large amount of money
For your needs you need to use either clickbank.com or 2checkout.com they both allow your customers to pay using CC or PayPal. If your doing a launch then I would contact them after setting up your account and let them know your doing a launch and expect to have an influx of cash. I use 2checkout for a site and have had not problems to date. There are a lot of IM's using clickbank to process their sales.
Say ello to BEING LIMITED! You can only space these payments out through STEALTH ACCOUNTS and I can help...PM ME!
For loads of money I still recommend Paypal. That may shock you but as long as you communicate with them regularly you can run some HUGE figures through them and never get funds frozen. Merchant accounts have too many problems for my liking.
But i don't think so if your account will be limited if there's no too much charge back or dispute, AlertPay is good but their process of opening Business Account is a bit complicated screwebay how is that possible ?
I would prefer to have a paypal for big transaction if you are transactions are as per their TOS then paypal is the best
Paypal would limit your account if Paypal is unknown about the source of sender [ unverified account ] paypal is unknown about the reason for sending money to you . for your suspected activity . [ you withdraw payment to your bank immediately ] If your senders are legit and verified , you don't need to worry .