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Thread: PayPal Is out of their mind
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10-26-2009, 02:49 PM #1Web Hosting Evangelist
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PayPal Is out of their mind
A few hours ago, I checked my account and realized that it was closed. It has been open for only about 15 days and its closed already. I received no payments on the account, I only send out a few. I call up PayPal and demand an answer. They say that there is no reason in particular that my account was closed, they told me I am in a high risk business. My account was a business account with a registered LLC. When opening the account I wrote that I do web hosting. They tell me that they do not wish to have me as a client because I do web hosting. Has anyone else experienced this?
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10-26-2009, 02:55 PM #2Web Hosting Master
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That sounds a little crazy. I don't know what to tell you.
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10-26-2009, 02:56 PM #3Web Hosting Guru
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I agree. They are completely nuts.
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10-26-2009, 02:59 PM #4Web Hosting Master
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10-26-2009, 03:25 PM #5Web Hosting Evangelist
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I have a feeling you're not telling the whole story.
They might be crazy, but they won't just close accounts with no money.Hello
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10-26-2009, 03:38 PM #6Web Hosting Evangelist
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10-26-2009, 03:49 PM #7Disabled
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10-26-2009, 04:06 PM #8Web Hosting Master
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10-26-2009, 04:15 PM #9Aspiring Evangelist
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Well I hope that they don't close our account as our policy is to transfer the funds as soon as they come into the PayPal account to our business bank account.
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10-26-2009, 04:44 PM #10Junior Guru
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Have you tried calling them and speaking to someone else? Asking for management maybe?
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10-26-2009, 05:10 PM #11Evenly Divided
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Adult hosting by chance?
As someone said, something is not "right" with this situation / story.
As for others having a concern for moving funds, that's not an issue. I know businesses that put transfers through a few times a day.
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10-26-2009, 05:16 PM #12Web Hosting Master
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10-26-2009, 08:28 PM #13******* Unleaded
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It would seem that the shifting of funds back and forth without matching payment activity rang the automated account monitors. It would look very suspicious. More money moving around than payments or sales.
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10-26-2009, 08:49 PM #14Web Hosting Master
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im still baffled to why you had to tell paypal that your selling web hosting. I have a business account with paypal but I never told them the nature of my business. providing paypal get there fee and you dont show signs of anything dogy then why should they close ur account...
mmm is a strange one..
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10-26-2009, 09:23 PM #15Web Hosting Master
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Why were you shifting money from your bank and then back to your bank?
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10-26-2009, 09:36 PM #16Temporarily Suspended
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Are you sure they said this? This is unbelievably the most unprofessional manner of them (if it's the real fact) to close someone account without any reason or explanation
I was constantly shifting back and forth
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10-26-2009, 10:26 PM #17Web Hosting Master
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10-26-2009, 10:30 PM #18Web Hosting Guru
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Similar thing happened to me. The closed my account at one point because I sold painted xbox controllers. They said this was high risk. I now use GoogleCheckout and Alertpay.
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10-26-2009, 10:31 PM #19Danananana Danananana Batman!
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To be honest, I don't think that our good old VPS seller is telling the whole story.
You were probably flagged as laundering money, if you were transferring back and forth.
@deathbypie:
Microsoft can have them close your account on the fact your reselling a product, and I almost guarantee you didn't have Microsoft's direct permission.Not sure what to put here :-P
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10-26-2009, 10:35 PM #20Eternal Member
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I will echo the sentiments of many previous posters. The OP has definitely not told the whole story.
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10-27-2009, 01:15 AM #21Junior Guru
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10-27-2009, 11:47 AM #22Aspiring Evangelist
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I think they would be out of their mind if they allowed users who just signed-up to possibly launder money thought their service.
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10-27-2009, 11:52 AM #23Newbie
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PayPal ARE Mad. I've had many accounts closed but this one has been open a LONG time now.
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10-27-2009, 01:41 PM #24Web Hosting Master
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There is obviously a reason for this. I would phone them again, and if you don't get a suitable answer ask for management. I would be interested to know the reasons behind this.
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10-27-2009, 01:47 PM #25Disabled
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