Rolling Reserve, Please help
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Ever since this Rolling Reserve went into place its been really messing with my business. We have never had any chargebacks or anything. We always make sure we have a good amount of money in paypal incase someone wants to do a chargeback. Is there anyway I can get my money out of the reserve? Please help
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Ever since this Rolling Reserve went into place its been really messing with my business. We have never had any chargebacks or anything. We always make sure we have a good amount of money in paypal incase someone wants to do a chargeback. Is there anyway I can get my money out of the reserve? Please help
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Did you get any answers. The rolling reserve annoys me to no end. I have never had a charge back, and from my perspective, it appears that PayPal has just decided it would like to hold more of my money for its own uses for two months. Completely unacceptable, to the point I may shut down my business account. Please tell me you called someone and they found a solution that satisfied you. Thanks, Nate
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Unfortunately, there is no solution, one must either abid by PayPal's policies or find another processer that better fits your needs. It's just that simple.
Regards,
skier
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Paypal set the rolling reserve base on the credit check. I think those who has excellent credit score won't have the rolling reserve.
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Do you know for a fact, that it is based on a credit score? How do you get a good credit score for a fairly new company?
We ran with this PalPay thing for a year with no issues, and then without warning - bam - 90 day reserve. They were gracious enough to bring it down to 60 days. Given the volume of all of us, that is some serious interest earned. Unless the change, all of my internet transactions are going away [from paypal].
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It can't be off of credit checks because my scores are all at 800! The only reason I use paypal anymore is because the company that I work for pays me that way and they hold 20% everytime. I fould another company online to do all other business through.
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Want to c lose an account i just opened because its the wrong gateway for my website. Won't let me because of a 1.50$ reserve! I'll be reopening the one i need right after , still through PayPal..What do i do ?

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