Hi all, I am trying to open a new business account with pay pal which will allow credit card transactions on my website. The average transaction will be about £1000($1400) and the site will probably generate about 5-10 sales a day. I worry that I will get limited/frozen even if I have verified information correctly. Can someone please advise possible options or if they think that this will happen. Is there an alternative where I could buy someone's account that has already had high volumes run through it? Thanks in advance, Tom
I think the best way is contact to paypal and talk with them if you are new paypal will not trust you ... so probably you will need double verify your address etc. but best way is take phone and call them
that is a very high amount of money to be going through a new paypal account and you will hit your limit in 1 day. you will need to get your limits raised immediately by verifying your account as much as possible or they will limit you and hold your money until this is done.
sorry but you need to verify your account because without this they do not allow to move forward or do the high volume transaction.
As long as you verfiy EVERYTHING with legit information then you should be ok. Maybe wait a week or two once you opened your account before sending a payment. If your still unsure call them.
I just read the part stating buying an account. If the guy you brought the account from was in the US and your in the UK they will know and limit the account until you ring them and confirm your the owner. But that call must be from the number you put on the account first along witht he same home address, don't buy account anyway, read the TOS...
buying accounts is very risky if you are planning on having large amounts of cash passing through it. there is too much of a risk of that account being limited.