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I Thought Paypal Was Good And Professional Merchant Account Provider

By Jesse

I made a big mistake! I thought Paypal was good and professional merchant account provider in the World! I made a big mistake.

Just recently sold something to a friend and I really did enjoy making business and getting paid trough internet technology but with my virgin experience with Paypal, it was very frustrating. It took me days to get verified and when I got verified I could not just transfer my fund to my Bank Account because the name of the Bank account reflected is not my name but my business name. I have Premier account just recently downgraded from a business account because of this and yet they did not change the bank account name information. Therefore, I had to remove my bank account and re-add it again which would entail another days of waiting. I also asked for lifting of my limit of funds that can be transfered but I had to wait until I get a confirmation number from my billing which for sure would not reclect such transaction because my billing cycle is just few hours away. That means I have to wait for another month to get the next billing of my credit card account and find the confirmation number on that billing statement. Then and until then I could go to step 2 and finally wait for another days to be able to transfer all the remaining balance from my PayPal account to my Bank account. As soon as I get my balance transfered, Good bye PayPal! I hate the long 20 minutes of waiting until a live person gets into my call. Their contact number got me crazy looking around until I found this website. Thanks for the contact number of Pay-Pal.

Posted: April 20, 2012 at 7:17 am

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