Hello everyone guys.
I have a really big problem and no one from Paypal helping me. I am really sad that I have to work with Paypal and also sad there is no other company that we can use instead of Paypal.
About my problem. I have an online business owner which is making $300.000 a month. Last month my total Paypal transactions were around 100K. There is a limit on my account that available for me per month which is 22K a month. Last month I requested to increase the amount available for me and PayPal denied. I was okay for the first time. They HOLD MY $70000 a month. And the funny part is they are not giving that money after 1 month straight away.
They are paying MY MONEY to ME daily.
After this, they put limit my account and they asked lots of documents which I provided. They confirm my documents and they put %20 of RESERVE to my account. Even I was OKAY with that really. It was hard because I have to pay my supplier I have to pay Google, Facebook ETC...
However, I requested 1 week ago again to increase my monthly amount and there was no answer after 3 business days. And I connect to customer service and they said my requested DENIED again.
Now after 20.000 this month again they will hold my money again. I already have money on hold now around 50.000.
THIS IS RIDICULOUS and INSANE! Unbelievable. I won't be able to do business after 2 weeks maybe because of PAYPAL. There is no option to reach to finance section or something from paypal. I can reach just to customer service and they are NOT HELPFUL. I mean really 0 help. Why there is customer services, no idea.
I don't know what can I do. From 100.000 dollar paypal sales I have just 13 open dispute cases. This cant be reason. I am in really bad situation and I need help.
NOW I HAVE 50K HOLD ON MY ACCOUNT AND THEY ARE ALSO RESERVING %20 OF MY SALES AND ALSO THIS MONTH THERE WILL BE 50K MORE HOLD ON MY ACCOUNT.
Any idea what can I do?
Thank you for everyone.
