Verified PP ACC - Payment Held - What Should I Do?

A guy I know sent me $300 from his paypal, account I know he isn't a frault because I spoke to him personally on the phone. But after sending me the payments, his account was frozen (paypal requesting more information).

The payments he made to me were also placed on "held", my account was registered since 2002 with 3 CC and 1 bank in it, so they dare not do anything on my acc.

But what should I do to get the $300 back from hold, is it true they can legally only hold it for 3 months, does it apply to this situation? or does it only apply to account were frozen, and funds held.

Regards,

 

They have done the same thing to me when I received a $1200 payment. I suggest he follows the step they will give to undo this.

 

Hey Buddy, They can't do anything to your account but the guy who has sent you money could have used some other IP?
That guy need to send them details they are asking,then your funds will be relased.

 

You needs to wait until that investigation complete

 

For the time being, don't ship anything to the guy until the payment has been cleared. If the issue is at the sender's side then there is nothing you need to do.

 

i would suggest you stop doing work for the guy untill the issue is completely cleared

as i remember once i received $55 and paypal held it after some time they revered the payment and when i contacted that guy to send me $55 again he keeps giving me excuse

so it your choice as chances are more likely this payment will be revered

 

You've defraded a bunch of people in here,including me. I don't know why the hell DigitalPoint would not ban you from here. why.. why.. why!! I do hope that "friend's" account is actually yours.

 

Melving, why dont you keep the money and do work....That is exactly what you done with me!

 

Apologies, what I meant to say was, why dont you keep the money and don't do any of the work....Because that is what you done with me!

 

Paypal hold my payments too.

I have sent the goods (domains) to buyer,
and buyer paid me promptly,

but then paypal hold my small amount money.

Is it fair to me, seller?

I will use less with it.

Suggest don't use for big deal or using Western Union, which is over 150 yeas for money transfer service!

Any ideas?



Mattcch2007

 

Did paypal will always like that when our money in acc quite much?

 

No. Under the EU Regulation, once you hit a certain receiving treshold, typically about EUR1000 , they will require you to submit your personal identity as required by law. This is to prevent money laundering through their system.

If you are not doing anything wrong and you provided real information, you have nothing to worry about.

It has nothing to do with how much money you have in your account. You can have tens of thousands at any one time without facing issue. Just make sure that you read your contractual agreement and the Acceptable Usage Policy every few months so that you remember not to do anything wrong.

Paypal is very strict when it comes to enforcing their policies so do not ignore them.

 

It is possible that the buyer used a hacked account or have a bad reputation or his activities seems suspicious. This pretty much is to protect the account holder. However, if the buyer did nothing wrong and it is just a false positive then you will get the money. If it is found out that the money was stolen then it would be reversed.

Sadly, although paypal can be used for non-physical items, there is not made for that purpose, it is basically made for eBay and auction of physical products.