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Paypal limit again decreased?

Discussion in 'PayPal' started by Nick_Mayhem, Jan 28, 2008.

  1. #1
    Hello,

    I am verified Indian paypal user from last 4 years.

    Had everything going nice. Even had my limit of $20,000 per month.

    Today I logged in and saw that my limit is back to $2500 per month.
    SEMrush
    Is this happening with all Indian users? Please let me know.

    Thanking You.
     
    Nick_Mayhem, Jan 28, 2008 IP
    SEMrush
  2. Rohit patel

    Rohit patel Prominent Member

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    #2
    Well I have seen it too. But see carefuly

    Your Monthly Check Withdrawal Limit is: $2,500.00 USD per month

    So that means there is no limit on Bank Withdrawal.
    What you say?
     
    Rohit patel, Jan 28, 2008 IP
  3. Nick_Mayhem

    Nick_Mayhem Notable Member

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    #3
    :D Got it. Yes it says :

    Your credit or debit card daily withdrawal limit is the maximum amount you can withdraw to your card each day.

    Your daily card withdrawal limit is: $500.00 USD per day

    $500.00 USD Remaining

    Amounts withdrawn from bank account will also apply to this limit.

    Limits refer to your primary currency. If you use a different currency, we will convert the equivalent amount to your primary currency and amend the limit accordingly.

    Do you think it will be $500 per day withdrawal limit to my bank account.
     
    Nick_Mayhem, Jan 28, 2008 IP
  4. Rohit patel

    Rohit patel Prominent Member

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    #4
    Well Amounts withdrawn from bank account will also apply to this limit is also $2,500.00 USD. So it is a sad for those who earn money more than $2500.

    I am not one of those so no problem for me.:D
     
    Rohit patel, Jan 28, 2008 IP
  5. dewpal

    dewpal Member

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    #5
    Your credit or debit card daily withdrawal limit is the maximum amount you can withdraw to your card each day.

    Your daily card withdrawal limit is: $500.00 USD per day

    $500.00 USD Remaining
     
    dewpal, Jan 28, 2008 IP
  6. mr.hitman

    mr.hitman Banned

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    #6
    simple math $500.00 USD PER DAY
    $500.00 USD Remaining!
     
    mr.hitman, Jan 28, 2008 IP
  7. yahue

    yahue Peon

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    #7
    Yes, I've seen it too. It's a shame after having increased the limit to 20k, they decrease it to a measly 2.5k. I think you should always have multiple payment methods (2checkout, Plimus), just in case you get stuck in a "verification" trap w/ Paypal or others.
     
    yahue, Jan 28, 2008 IP
  8. mechanix

    mechanix Well-Known Member

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    #8
    Oh well..back to Xoom again..:D
     
    mechanix, Jan 28, 2008 IP
  9. simonj@plimus.com

    simonj@plimus.com Peon

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    #9
    ...a Plimus account would be a good idea for you here! We don't limit your access to your cash, and we even offer a prepaid mastercard option, which would mean your revenues would be available the moment they leave our office in San Diego on the 15th of the month!

    It's a shame PayPal keep making it harder for independents to do business...though I suppose for Plimus it is one of those things that helps demonstrate the value we bring to the community ;-)
     
    simonj@plimus.com, Feb 5, 2008 IP
  10. Pervert-For-Life

    Pervert-For-Life Banned

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    #10
    yes this is very true that its really painful to use paypal for business.... i cant login to my paypal account from my backup internet because everytime i login to my paypal account form my backup internet, i get limited and when i ask paypal, they say the same thing like a broken record that someone was into my account.... i got limited twice for the same logging into my account from a different ISP....

    Plimus is good except one thing. there mimimum payout is $35.. i think the mimimum payout for paypal should be $0.0 but for checks and others the payout should stay same... also now plimus remove the paypal option...:(
     
    Pervert-For-Life, Feb 5, 2008 IP
  11. arjun316

    arjun316 Active Member

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    #11
    are you guys making this much $2500 a month with paypal i barely make $500 , limit is sufficient and their bank withdrawal service is wounderful
     
    arjun316, Feb 5, 2008 IP
  12. olddocks

    olddocks Notable Member

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    #12
    It used to be $100k monthly for me, but today i am seeing only $2.5k per month.
     
    olddocks, Feb 5, 2008 IP
  13. Mr_Kumar

    Mr_Kumar Notable Member

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    #13
    Its bad.

    PayPal is again dancing.
     
    Mr_Kumar, Feb 5, 2008 IP
  14. yahue

    yahue Peon

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    #14
    arjun, some people actually are making this amount.

    Others, for whatever reason, may want to have a single payment method that they can grow with in the next 2-3 years without having to change their payment system on every website. That can be a major pain.
     
    yahue, Feb 7, 2008 IP
  15. yahue

    yahue Peon

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    #15
    Thanks for joining the discussion. I hope you chime in where necessary on threads discussing Plimus.

    One of the few things that seems to be a problem with Plimus is the long wait times for payment (about 45 days, since payment is monthly). Could you address this?
     
    yahue, Feb 7, 2008 IP