Hello everyone,
Today I received a notification that my account has been permanently disabled. The notification stated: "Some of your products or services are in violation of PayPal’s acceptable use policy. Therefore, you can no longer conduct business with PayPal..."
I have a few questions and hope to get some help.
When I created a business account and received payments, PayPal restricted my account and requested a description of the type of business, the source of funds, and what products I was selling.
I provided information about my business type, source of funds, and the items/products I’m selling (digital products). PayPal approved my request and removed the restriction. Now, after 4 months, they’re informing me that "Some of your products or services are in violation of PayPal’s acceptable use policy."
Why did they agree to remove the restriction on the items I’m selling and then later notify me that I’m violating their policy? Isn’t this a policy trap for users?
The terms state that if I violate this regulation, I will have to compensate PayPal $2,500. Does this mean that all the money I earned with hard work will be forfeited? PayPal had previously allowed me to sell these items by removing the restriction on my account after I proved the source of funds and the type of business. Now, they’re saying that I’m violating their policy. This seems like a trap and an attempt to seize users' funds.
Who can I contact to resolve this issue? I don’t want to lose my money; it’s a significant amount for me. They say the money will be withdrawn after 180 days, but I might end up having to pay a fine and the balance could be $0 or negative. Where can I check this?
Thank you for taking the time to help.
