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1  Other / Beginners & Help / Re: PayPal - good or bad? on: January 25, 2013, 05:50:26 PM
If you have business and you want to sell goods via internet AVOID PAYPAL!!!!!!

It will work fine some days and when you have some money in your business account they will restrict your withdraw without any reason and you will be not be able to pay your suppliers.

They are very nice and open with those who pay and they will use them money and will not let the seller to touch this money only if they pay a lot of money to them and is some strange personal conditions which can ruin the seller. They can smile using buyer's money!
THIS IS ROBBERY!

I have a business like this, made a PayPal business account and everything was fine 2 weeks. After that when I had more than 10.000 euro in this account they suddenly limit my account and ask about more papers. Was ok , I sent what they asked but after some days when they verified and open back my account they put a limit of $500 for withdraw.

I mention that my business is legally register and I sent the official papers to Paypal.
I use common currency as $, euro and CHF - Swiss Franc.

I have contracts with the suppliers and I cannot keep the terms for paying them because I cannot withdraw my money. This caused serious problems to me.

When I asked about the reason first, they said that my bank limited my bank account. I asked my bank and they confirmed that is not like this.
I asked Paypal again and they said that "of course we limited your account". They lied and put me in a very stupid situation to go to my bank.

Is ok to check out everything to keep safe but this is something else.

Anyway I called and after 1 hour of stupid conversation with some Paulina I found out that "This is our standards" and I have no possibility to talk with somebody who can decide. She will make a request in my name and IF THEY WANT they will send me a mail.

IS VERY SERIOUS! Is about people's money. I cannot pay my suppliers, the shipping company and so on. I cannot register this money and pay the taxes cause I don't have it!

THEY WILL RUIN YOUR BUSINESS!!

No person or private company in this world can keep and use YOUR money without a good reason! IS NOT LEGAL!
They done it without any reason just because they want to do this. And nobody will explain or talk with you!

They will not tell you from the beginning all this things and when you already start can be too late!
Take care and if you think that this will not happened in your case, think twice.
Nobody informed me about this and nowhere I could find this "little detail".
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