Tried to buy 7 with Paypal and got: "This recipient is currently unable to receive money."
Willing to bet some of the nah sayers that bought via paypal were doing chargebacks caused his account to get bound. Come on people these aren't that far behind just relax!
This is exactly what happend I am currently dealing with the fraud risk management department with paypal. I have however corrected it to where I can at least receive payments, but the company labeled me as a e-currency dealer/exchanger Which is not what I am doing I'm just selling the hardware. This is with the paypal compliance department. I have to fax them a notarized document explaining my business model.
As for the fraud department, they are very very weary about the $13k+ USD that has gone into the paypal and out of it. They do not approve of the "pre-order" business model if I want to continue using Paypal in a future group buy I will need to look into getting a small business loan since all funds now going into my paypal are on reserve until products have been shipped.
I did not think I had this many hoops to jump through to run a group buy but it has been quite hectic I do thank you guys for holding your orders and supporting me in this and for your patience. Absolute worse case senario I drop paypal as a payment processor and I add direct credit card processing on bitcoinminerz.com to still give it a ease of payment for the guys who can't acquire bitcoins as easily.
