New Receiving Limit for Paypal Personal Accounts

[MrYogi]

We're writing to let you know that beginning February 12, 2004, PayPal is introducing a new policy that may affect your PayPal Personal Account. The amount your Personal Account will be able to receive will be limited to $1,000.00 USD per month. This limit is designed to ensure a level playing field for all members who sell online. Therefore, only payments received from eBay, auction or website sales will count towards the receiving limit.

Rossman: you have to start accepting credit card payments now.

 

[dethman]

damn.

 

[Vette73]

Just get 2 paypal accounts 😉

 

[MrYogi]

Originally posted by: Marlin1975
Just get 2 paypal accounts 😉

that might be risky. paypal can withhold the amounts and lock the accounts.

 

[Jeff7181]

Originally posted by: MrYogi

Originally posted by: Marlin1975
Just get 2 paypal accounts 😉

that might be risky. paypal can withhold the amounts and lock the accounts.

Not if you have one registered for your business and one for your own personal use =)

 

[MrYogi]

Originally posted by: Jeff7181

Originally posted by: MrYogi

Originally posted by: Marlin1975
Just get 2 paypal accounts 😉

that might be risky. paypal can withhold the amounts and lock the accounts.

Not if you have one registered for your business and one for your own personal use =)

yes. but you cannot have two personal accounts at the same time.

 

[Jeff7181]

People will find ways around everything. I don't sell $1000 worth of stuff so it doesn't really concern me... but people will find loopholes.

 

[psteng19]

Originally posted by: MrYogi

Originally posted by: Jeff7181

Originally posted by: MrYogi

Originally posted by: Marlin1975
Just get 2 paypal accounts 😉

that might be risky. paypal can withhold the amounts and lock the accounts.

Not if you have one registered for your business and one for your own personal use =)

yes. but you cannot have two personal accounts at the same time.

Hmm... I have a personal and a premier at the same time.
Is that against the TOS?

 

[dartworth]

Originally posted by: psteng19

Originally posted by: MrYogi

Originally posted by: Jeff7181

Originally posted by: MrYogi

Originally posted by: Marlin1975
Just get 2 paypal accounts 😉

that might be risky. paypal can withhold the amounts and lock the accounts.

Not if you have one registered for your business and one for your own personal use =)

yes. but you cannot have two personal accounts at the same time.

Hmm... I have a personal and a premier at the same time.
Is that against the TOS?

No...unless they changed that rule too...

 

[Damon]

Hi psteng19,



"Hmm... I have a personal and a premier at the same time.
Is that against the TOS? "

No., that is not against the User Agreement.However, you couldn't "split" the payments by listing with a Premier account, then directing the buyer to pay a personal account (if that makes sense).