You might try stripe - I've been thinking about getting an account with them. Google Wallet is also an option.
And last, have you tried to contact them directly? Not necessarily a way to resolve things, but they might help you understand what's actually needed. I'd not make knee jerk reactions like refunding the money- the money might get lost in paypal limbo, and you'd be in a lot worse situation.
You might try stripe - I've been thinking about getting an account with them. Google Wallet is also an option.
And last, have you tried to contact them directly? Not necessarily a way to resolve things, but they might help you understand what's actually needed. I'd not make knee jerk reactions like refunding the money- the money might get lost in paypal limbo, and you'd be in a lot worse situation.
Google Wallet is available only to US residents.
Stripe I've heard is associated with fraud, primarily from buyers claiming their credit cards were stolen.
I usually tell my buyers to use credit cards to fund their paypal purchases, because credit cards offer more protection. And half the time? They say they don't have credit cards. I think there are many more young/ teen geeks here. So they can't use Stripe anyway.
How does money get lost in paypal limbo anyway? To me the easiest and most accountable way is to process refunds. No one can complain after I take a screenshot of the refund. Everyone knows paypal itself is half a scam.
My god, this is getting more stressful than I imagined.
When I sold my KMAC they held the funds for a month and a half.
Read an article once where this guy and his wife were using PP as the payment type for their business and PP put a freeze on their entire business account not letting them get their money for a six month period.
When I sold my KMAC they held the funds for a month and a half.
Read an article once where this guy and his wife were using PP as the payment type for their business and PP put a freeze on their entire business account not letting them get their money for a six month period.
But why? Almost sounds illegal.
When I sold my KMAC they held the funds for a month and a half.
Read an article once where this guy and his wife were using PP as the payment type for their business and PP put a freeze on their entire business account not letting them get their money for a six month period.
But why? Almost sounds illegal.
Yeah I get that, lawsuit is not always or actually always not an option. But still I thought PayPal was decent.. Apparently not.
They have your money. You really going to sue when they just say it's in process limbo? Anything is legal until it's declared illegal. I found that out the hard way. And if you try to go around that when dealing with a larger entity... you'll end up screwed in the end. A big company was having problems with getting me in the system, and getting the system to pay me. I waited, and dealt with it, and got all of my money. A friend was in the same scrape, and sued the company. He ended up owing money to the lawyers, even though he won the settlement.
At this point I may just have to cancel my moving sale, or at least cancel the paypal part.
Anyway I can't move. 'New' house is in a mess. I am suing my contractors. I am fed up.
Anyone wants to buy from me, welcome to use bank transfer and bargain aggressively. I don't want my stuff to go back into storage, and I don't want to deal with paypal. I'm thinking, let the money stay in my frozen account for 45 days or something, and when nothing happens and pp unfreezes, just refund.
If pp never unfreezes well, I'm the biggest loser because I had a pp balance in that account to begin with that was more than twice the largest payment from anyone. Sorry but at this point I'm also thinking about myself. I have lost everything. (Not exactly the fault of my moving sale or anyone on geekhack.)
Additionally, stripe is very reputable and a large amount of online purchases are processed through them. However, they aren't remotely like PayPal. You cannot accept individual payments like PP. You have to incorporate their API into a checkout system. Just wanted clear up any confusion over fraud accusations.
Don't lose hope. I assume you've already filed a claim? Generally they will respond in 2 business and tell you exactly how long they are going to hold your money for. That's the one thing they have to do, even if they freeze your account they must say why and when your assets will be available again within a certain time frame.
The fees for bank transfers are expensive and exchange rates get against the buyer out of ConUS, like me. Besides, if you refund what I paid you, I will lost money, because I paid you at the higher exchange rate, and PP will refund me at the lower rate. In any case, I am very sorry you are running into issues with PP. Please let us know if you are going to cancel the orders and refund payments, but just be sure to do that soon, otherwise, things are going to get worse for everybody involved in your sale as you let time to goes by. The balance of the CC associated with my PP account will be required to be paid soon, this is another reason to clear things up as soon as possible.
The fees for bank transfers are expensive and exchange rates get against the buyer out of ConUS, like me. Besides, if you refund what I paid you, I will lost money, because I paid you at the higher exchange rate, and PP will refund me at the lower rate. In any case, I am very sorry you are running into issues with PP. Please let us know if you are going to cancel the orders and refund payments, but just be sure to do that soon, otherwise, things are going to get worse for everybody involved in your sale as you let time to goes by. The balance of the CC associated with my PP account will be required to be paid soon, this is another reason to clear things up as soon as possible.
OK, good, for you, actually no problem. :thumb:
I always tell everyone to use credit card when paying by paypal, because I know if I refund you, money will not be stuck in limbo. Paypal does not dare fxxx with credit card companies.
Dude good luck. This makes me scared about my PP revenue as well.
That's rough, dude. I'm in the same boat, but this didn't happen when I had about $2.5k go into my account for my previous GB. It's now happening to my current GB, and because it's a GB, I also have no invoices or business info to provide.
It sucks ****s.
That's rough, dude. I'm in the same boat, but this didn't happen when I had about $2.5k go into my account for my previous GB. It's now happening to my current GB, and because it's a GB, I also have no invoices or business info to provide.
It sucks ****s.
Uh, what are you doing to resolve the issue?
I think the problem with me is that I don't have any good explanation other than a garage sale online for stuff that has very little local appeal, such as buckling spring keyboards.
But paypal wants proof of source for me, not just ownership.
But paypal wants proof of source for me, not just ownership.
I refunded everyone's orders for RGBYK, and had no issues. Not saying that this is the best coarse of action for you, but it worked for me. I did have to speak with PP about getting fees refunded since it was their fault.
Good luck.
what i did beforehand starting a gb, was calling paypal and said i was running a gb. Never had any problems
what i did beforehand starting a gb, was calling paypal and said i was running a gb. Never had any problems
You did your homework, to prevent is always better than to fix.
Still it is weird that PayPal does this. How are you supposed to find out that you have to inform them beforehand before doing large values / gb?
Still it is weird that PayPal does this. How are you supposed to find out that you have to inform them beforehand before doing large values / gb?
Experience? Talking to others? I didn't know that my CC would freeze my account if I was out of town using it, but they did. Now, whenever I'm taking a trip, I call them to let them know.
It sucks, but that's the way it is.
Still it is weird that PayPal does this. How are you supposed to find out that you have to inform them beforehand before doing large values / gb?
Experience? Talking to others? I didn't know that my CC would freeze my account if I was out of town using it, but they did. Now, whenever I'm taking a trip, I call them to let them know.
It sucks, but that's the way it is.
Still it is weird that PayPal does this. How are you supposed to find out that you have to inform them beforehand before doing large values / gb?
Still it is weird that PayPal does this. How are you supposed to find out that you have to inform them beforehand before doing large values / gb?
Experience? Talking to others? I didn't know that my CC would freeze my account if I was out of town using it, but they did. Now, whenever I'm taking a trip, I call them to let them know.
It sucks, but that's the way it is.
Good to know. I'll probably be really careful before using PP for larger amounts.
Still it is weird that PayPal does this. How are you supposed to find out that you have to inform them beforehand before doing large values / gb?
Still it is weird that PayPal does this. How are you supposed to find out that you have to inform them beforehand before doing large values / gb?
Its an anti-scam measure. If someone who rarely collects money, suddenly receives several large payments, it makes sense to me why they would lock it. After your account has history of larger transcations, there are fewer issues (think vendors who have run several large buys)
Still it is weird that PayPal does this. How are you supposed to find out that you have to inform them beforehand before doing large values / gb?
Its an anti-scam measure. If someone who rarely collects money, suddenly receives several large payments, it makes sense to me why they would lock it. After your account has history of larger transcations, there are fewer issues (think vendors who have run several large buys)
So in other words, the way to be a scammer is to scam large sums from lots of people rather than sell cheapo stuff to a small number of people? OK, good to know.
:( :( :( :( :(
You have to keep calling them to get some more information..
Emails usually take much longer, because the service reps Skim, due to the volume they work with.. and they're very tired of reading the same few sentences.
I don't see a way around this besides hitting the fone..Show Image(http://emoticoner.com/files/emoticons/onion-head/oh-onion-head-emoticon.gif?1292862514)
Venmo? I've never had any trouble with it.
Venmo? I've never had any trouble with it.
Did you actually just say venmo? The one that says at the bottom of the page, "Venmo is a service of PayPal, Inc., a licensed provider of money transfer services. All money transmission is provided by PayPal, Inc. pursuant to PayPal, Inc.’s licenses. © 2015 PayPal."?
Venmo? I've never had any trouble with it.
Did you actually just say venmo? The one that says at the bottom of the page, "Venmo is a service of PayPal, Inc., a licensed provider of money transfer services. All money transmission is provided by PayPal, Inc. pursuant to PayPal, Inc.’s licenses. © 2015 PayPal."?
I know that it's owned by PP. Have you actually used it, or are you just pointing that fact out?
Payment investigation is a process by which Company reviews certain potentially high-risk transactions. If a payment is subject to payment investigation, Company will place a hold on the payment and may provide notice to the recipient. Company will conduct a review and either clear or cancel the payment. If the payment is cleared, Company will provide notice to the recipient. Otherwise, Company will cancel the payment and the funds will be returned. Company will provide notice to you by email and/or in the account history tab of your Venmo account if the payment is canceled.
Of course, it's not going to help in this particular situation, but Venmo is a good alternative for future transactions.
I can only speak from experience...Venmo assumes that you are NOT a business and you are transferring money with someone you know and trust. So, for example, if you give your "friend" $2500 to pay him back for whatever Venmo works out well (in my experience.) If you want buyer/seller protection then you need to use PayPal which is designed more for business transactions.
Time had a pretty good article also on how Venmo transactions are not instantaneous like they seem, and can result in you being scammed.
http://time.com/money/4036511/venmo-more-check-than-cash/
Venmo seems to me to be lipstick on a pig. And if you're willing to use Venmo, then you might as well be using paypal.
Of course, it's not going to help in this particular situation, but Venmo is a good alternative for future transactions.
I can only speak from experience...Venmo assumes that you are NOT a business and you are transferring money with someone you know and trust. So, for example, if you give your "friend" $2500 to pay him back for whatever Venmo works out well (in my experience.) If you want buyer/seller protection then you need to use PayPal which is designed more for business transactions.
I really think you should look into bitcoin. It's by no means "sleazy" as there is complete transparency to every transaction on the public blockchain. You could go with a major online wallet such a coinbase (https://www.coinbase.com/), or just use bitcoin core on your own computer and hold your own wallet locally. Try reading up on it or check out /r/bitcoin (https://www.reddit.com/r/Bitcoin/comments/4b8ne0/rbitcoin_faq_newcomers_please_read/). They are happy to help if you have any questions.
I really think you should look into bitcoin. It's by no means "sleazy" as there is complete transparency to every transaction on the public blockchain. You could go with a major online wallet such a coinbase (https://www.coinbase.com/), or just use bitcoin core on your own computer and hold your own wallet locally. Try reading up on it or check out /r/bitcoin (https://www.reddit.com/r/Bitcoin/comments/4b8ne0/rbitcoin_faq_newcomers_please_read/). They are happy to help if you have any questions.
Interesting suggestion, what are the main advantages and differences of bitcoin and pp?
Still it is weird that PayPal does this. How are you supposed to find out that you have to inform them beforehand before doing large values / gb?
Its an anti-scam measure. If someone who rarely collects money, suddenly receives several large payments, it makes sense to me why they would lock it. After your account has history of larger transcations, there are fewer issues (think vendors who have run several large buys)
Venmo...no problems with larger amounts.
I love bitcoin, and the idea of it. However, I'd personally not enter a GB unless I really knew the person or had good experiences if the only way to pay was bitcoin. The advantages of it are also the disadvantages of entering an agreement with someone that you don't know.
I love bitcoin, and the idea of it. However, I'd personally not enter a GB unless I really knew the person or had good experiences if the only way to pay was bitcoin. The advantages of it are also the disadvantages of entering an agreement with someone that you don't know.
I don't trust bitcoin.
I love bitcoin, and the idea of it. However, I'd personally not enter a GB unless I really knew the person or had good experiences if the only way to pay was bitcoin. The advantages of it are also the disadvantages of entering an agreement with someone that you don't know.
I don't trust bitcoin.
Why?
I love bitcoin, and the idea of it. However, I'd personally not enter a GB unless I really knew the person or had good experiences if the only way to pay was bitcoin. The advantages of it are also the disadvantages of entering an agreement with someone that you don't know.
I don't trust bitcoin.
Why?
With the recent scandals and not knowing EXACTLY how it works (or me being too stupid to grasp the concept), I have no idea how "bitcoin" equals "money". I would be afraid that somehow my bitcoins are stolen or hacked or whatever.
I love bitcoin, and the idea of it. However, I'd personally not enter a GB unless I really knew the person or had good experiences if the only way to pay was bitcoin. The advantages of it are also the disadvantages of entering an agreement with someone that you don't know.
I don't trust bitcoin.
Why?
With the recent scandals and not knowing EXACTLY how it works (or me being too stupid to grasp the concept), I have no idea how "bitcoin" equals "money". I would be afraid that somehow my bitcoins are stolen or hacked or whatever.
One year ago i tried a little experiment with BIP38 paper wallets. [...]
I am quite surprised that "6 character" wallet is still loaded with bitcoin. Looks like encrypted paper wallets give you quite high level of security even with very modest passwords. Lets not forget that hacker has to first get his hands on physical BIP38 wallet before he can even start cracking...
I decided to keep this experiment going for another year. I've also added extra 0.5BTC - so happy cracking!
Details:
pub: 1J5cjne6YVkgRTMTjqnaJVk1CWEEr3CcdX
b38: 6PfRB98F9vZLhSpqY5URas5vYUU3qYQrpkJFTLuCg1FvDni6LwT3qAirkp
pwd: 6 characters (only upper and lower case US alphabet letters)
Here is a small hint for you: If you divide the number of UPPERCASE letters by the number of lowercase letters you get an integer.
I really think you should look into bitcoin. It's by no means "sleazy" as there is complete transparency to every transaction on the public blockchain. You could go with a major online wallet such a coinbase (https://www.coinbase.com/), or just use bitcoin core on your own computer and hold your own wallet locally. Try reading up on it or check out /r/bitcoin (https://www.reddit.com/r/Bitcoin/comments/4b8ne0/rbitcoin_faq_newcomers_please_read/). They are happy to help if you have any questions.And Coinbase can turn Singapore dollar to Bitcoin and vice versa.
I love bitcoin, and the idea of it. However, I'd personally not enter a GB unless I really knew the person or had good experiences if the only way to pay was bitcoin. The advantages of it are also the disadvantages of entering an agreement with someone that you don't know.
I don't trust bitcoin.
Why?
With the recent scandals and not knowing EXACTLY how it works (or me being too stupid to grasp the concept), I have no idea how "bitcoin" equals "money". I would be afraid that somehow my bitcoins are stolen or hacked or whatever.
First, you're looking at it wrong. Bitcoin is a currency. Like euros, dollars, etc. And just like those, it's only worth something in a different currency form when exchanged for it. You can exchange 1 BTC for a little over $400 currently. But just like if you had Euros and you were trying to use it where they only use Dollars, you have to go through an exchange first.
Secondly, when it's been stolen/hacked, it's not bitcoin. It's either individuals, or an exchange.
Here's a good example of how secure it is even with a 6 character password.
Someone has issued a challenge worth 1 BTC: Simply crack/bruteforce his 6-character wallet password to claim the bitcoin within.
Details here: No one cracked 0.5BTC PaperWallet with easy password in a year. (https://www.reddit.com/r/btc/comments/4dkw1q/no_one_cracked_05btc_paperwallet_with_easy/)Quote from: https://www.reddit.com/r/btc/comments/4dkw1q/no_one_cracked_05btc_paperwallet_with_easy/One year ago i tried a little experiment with BIP38 paper wallets. [...]
I am quite surprised that "6 character" wallet is still loaded with bitcoin. Looks like encrypted paper wallets give you quite high level of security even with very modest passwords. Lets not forget that hacker has to first get his hands on physical BIP38 wallet before he can even start cracking...
I decided to keep this experiment going for another year. I've also added extra 0.5BTC - so happy cracking!
Details:
pub: 1J5cjne6YVkgRTMTjqnaJVk1CWEEr3CcdX
b38: 6PfRB98F9vZLhSpqY5URas5vYUU3qYQrpkJFTLuCg1FvDni6LwT3qAirkp
pwd: 6 characters (only upper and lower case US alphabet letters)
Here is a small hint for you: If you divide the number of UPPERCASE letters by the number of lowercase letters you get an integer.
According to my calculations, this means the password has either 3, 4, or 5 uppercase letters (I'm ruling out the possibility of 0 uppercase letters since it says it has upper AND lower case letters). I'm a bit rusty in the discrete mathematics department, but I think that means there are (52*52*52*52*52*52) - (52*52*52*52) possible combinations. Which totals 19,763,298,048 combinations.
I'm running a brute-force script in a linux VM which takes ~7 seconds to try 25 passwords. Unless I really messed up my math somewhere, it will take over 175 years for me to try them all at this rate. :D
In summary, there are good reasons not to use it. That's just not one. I personally don't use it when I'm unsure of the transaction. There are escrow services- but you have to be sure of those also. And I haven't seen where you can escrow long-term services like a GB.
But the big takeaway is to have backups of your wallet in secure locations, and not to leave money in an exchange.
Bitcoin in theory should not have any value because it's not backed nor does it have "physical inherent value."
This means that unlike a gold coin which if the government stops backing it, it would still be worth its weight in gold, bitcoin would be worth nothing. (To be fair, nobody issues rare metal coins any more).
However, the government backs its money and guarantees that it would be accepted within the country.
Bitcoin in theory should not have any value because it's not backed nor does it have "physical inherent value."
This means that unlike a gold coin which if the government stops backing it, it would still be worth its weight in gold, bitcoin would be worth nothing. (To be fair, nobody issues rare metal coins any more).
However, the government backs its money and guarantees that it would be accepted within the country.
Look up Fiat Currency, i.e. inconvertible paper money made legal tender by a government decree. The government says its worth something now. Think it can't happen? Why can you buy confederate currency for cents on the dollar? What about Continentals issued during the revolutionary war? Or Colonials issued before that? Fiat Money has a history of failure, so that old chestnut is less assured than arguments based on it against bitcoin make it seem.
And the US moved away from the Gold Standard quite a while ago (FDR - 1933). Well, officially it was backed until 1971, but that was hand waving, i.e. it just made it illegal for U.S. citizens to hold gold or exchange dollars for gold.
Bitcoin in theory should not have any value because it's not backed nor does it have "physical inherent value."
This means that unlike a gold coin which if the government stops backing it, it would still be worth its weight in gold, bitcoin would be worth nothing. (To be fair, nobody issues rare metal coins any more).
However, the government backs its money and guarantees that it would be accepted within the country.
Look up Fiat Currency, i.e. inconvertible paper money made legal tender by a government decree. The government says its worth something now. Think it can't happen? Why can you buy confederate currency for cents on the dollar? What about Continentals issued during the revolutionary war? Or Colonials issued before that? Fiat Money has a history of failure, so that old chestnut is less assured than arguments based on it against bitcoin make it seem.
And the US moved away from the Gold Standard quite a while ago (FDR - 1933). Well, officially it was backed until 1971, but that was hand waving, i.e. it just made it illegal for U.S. citizens to hold gold or exchange dollars for gold.
Just because it's accepted it doesn't mean it will be worth something.
But at least it's accepted. You would have been better off mentioning that hyper inflation.
And generally the currencies are worth something based of the country's standing in the international economy (trade balance) while bitcoin does not have any ties to the production of goods (unless you want to argue that bitcoin is tied to the production and circulation of illegal goods which isn't exactly making a case for governments wanting to adopt it as an official currency).
seeing that paypal ask you for 6 documents, I think the chance of get you account unlock and get back your money would be really small.
One of my paypal account was limited since last year, I have provided all the documents they asked, but they still limit my account. If I e-mail them, they just send my bunch of bull**** about negative balance or how to verify my account while my account was verified few years ago and have nearly $100 in it. If I call them, they just keep forward my case to another person and never actually answer my question at all.