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Thread: processing limits

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  1. #1
    Unregistered Guest

    Default processing limits

    Paypal has all these limits and restrictions when it comes to getting your money is it the same with merchant accounts or how does that work?

  2. #2
    Unregistered Guest

    Default

    The merchant account I got had me provide the limits I needed on my application so basically I set the limits that I need and if I have to increase them I can do that as well, have all ready had to do so twice because I have had more sales then expected. I am sore different providers have different rules but this is how it worked for me with merchantinc.

  3. #3
    Unregistered Guest

    Default

    some providers will limit you to certain amounts or number of transactions per month so look for a company where you set your own limits. You can not run a business when someone else tells you how much money you can process. And another thing you need to look for are when companies charge a higher % for transactions that are over your limits.

  4. #4
    Unregistered Guest

    Default

    when it comes to getting your money with a merchant account the payments are usually deposited right in to your bank account, there is no middle account that holds your money like paypal

  5. #5
    Unregistered Guest

    Default

    never had a problem with getting my money since I switched to my merchant account. With paypal I had a $500 monthly limit which was total bull. And they constantly froze my account. For anyone trying to run a legit business paypal will ruin all your dreams of ever being successful.

  6. #6
    Dr. Evil Guest

    Default

    I don't understand why I am only allowed to transfer $500/month from paypal to my bank account, I have substantially more in my paypal account and now paypal is telling me that I can't have access to that money. What is that all about?

  7. #7
    Unregistered Guest

    Default

    Quote Originally Posted by Unregistered View Post
    never had a problem with getting my money since I switched to my merchant account. With paypal I had a $500 monthly limit which was total bull. And they constantly froze my account. For anyone trying to run a legit business paypal will ruin all your dreams of ever being successful.
    sure will, paypal just managed to get me evicted by holding my money making me unable to pay rent for my place of business and unable to pay my suppliers Piece of s%*^ company

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