Invoice Limits
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We are beginning to utilize paypal to accept credit card payments for large commercial landscaping payments. None of our customers are able to open paypal accounts because they are using corporate credit card that are impossible for them to "verify" since they don't do the billing, they just hold the card locally and the billing is done out of a corporate office. Most of our invoices are between $5000-$7500. I have gotten several different answers about the limits on the invoices we send and the customer ability to pay certain amounts with a credit card, without registering for an account. What is the real deal?
Wendy
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By law, PayPal is limited to $10,000.00 USD or it's foreign equivalent per transaction.
The maximum dollar amount for a single transaction is $10,000 for a PayPal member. To make a payment more than $10,000, multiple transactions can be sent to add up to the total amount. The maximum charge limit is dependent on the availability on the credit card after the account is Verified
Buyers who do not have a PayPal account may send a maximum of $4,000.00 USD or the equivalent thereof, for a one-time single transaction. Note: If the amount of your transaction is greater than $4,000.00 USD or the equivalent thereof, you will need to sign up for a PayPal account to complete your payment.
Regards,
skier

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