New Crap From Paypal: Important Read For Sellers, Seems They Are Going To Control Your Money |
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New Crap From Paypal: Important Read For Sellers, Seems They Are Going To Control Your Money |
914Sixer |
Nov 28 2023, 05:55 PM
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#1
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914 Guru Group: Members Posts: 8,912 Joined: 17-January 05 From: San Angelo Texas Member No.: 3,457 Region Association: Southwest Region |
I got this notice from Paypal. IF your sales exceed $2K a month they CAN HOLD your money for up to 21 DAYS (3 weeks) for the amount OVER $2K. (IMG:style_emoticons/default/WTF.gif) I applied to up my amount to $5K. Said they would get back to me. IS this the IRS going after you and me? Back to checks and money orders
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Craigers17 |
Nov 28 2023, 06:59 PM
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#2
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Senior Member Group: Members Posts: 753 Joined: 5-August 17 From: Rome, GA Member No.: 21,317 Region Association: South East States |
I love PayPal, but use it mostly for either paying for purchases or invoicing/reporting for my business. Even so, when invoicing, I usually create the invoice in PayPal, but then convert it to a PDF and send it via email.
That way my customers can pay via check and I don’t get fees taken out by PayPal. Granted, it adds a few steps and isn’t as convenient, but it works. |
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