Paypal says payment exceeds $2000 limit but it doesn'.

[roscoet]

I tried making a $120 payment but It got rejected, and a memo popped up saying, "The amount you're trying to send exceeds your $2,000.00 USD sending limit. Find out how to lift your sending limit and make unlimited payments through PayPal."

Obviously my payment was for much less than $2,000. What gives? 

[snowshoe]

PayPal's way of getting you to verify your account.  It does not always make sense.  You can always follow up with customer support.

[bortwein]

I just had the same issue this morning but it was for a $12.00 purchase and under the limited message it said I only had $3.00 of my $2000.00 limit left on the basic account.

Is that $2000 a total amount you can spend ever on a basic account. So if I have been using my account for a few years now and the purchases have been adding up to that $2000? I thought the limit was on single purchases and not an accumulative amount since I openned my account.

By the time this is fixed I'll miss out on the 1 day promotion I am trying to purchase from.

[bortwein]

Ok, so today I get an email from PayPal telling me why my recent purchase was declined. It wasn't a personal email but more of a preloaded e-speech to tell me that I can not spend any more money using my account until I get verified. In a way it confirmed my fear that the Spending Limit of $2000 on the basic account is the Total Amount added up since you openned your account and not a Daily Single Purchase Limit.

You recently tried to pay with PayPal but were declined because you reached your sending limit.

Making sure our members are who they say they are is critical to making PayPal safer. That's why, for security reasons, there's an initial limit on how much money you can spend shopping with PayPal, or send to friends and family—until you give us a little more information about yourself.

We can help you complete your transaction—if you haven't already done so—and give you ways to make your future transactions go faster and easier.