initiating closure of business account

mussmuss
Contributor
Contributor

Hello everyone

 

So on the 14th of september i opened my first business, i registered my company and have a valid VAT number . paypal have decided to close my account without disclaiming the reason . Its a shopify store where i sell parts for gaming pcs, these are all in hand so no drop shipping involved . in the last 72hrs i had about £8204.21 coming into the account .The only reason i can think of is that paypal was suspicious with the large amount of money coming into the account, in this case i would of thought paypal would be asking for invoices and proof of product ownership but no they just decided to close it , is there any way to appeal this ?

It also says its against the ToS, ive read through it 5 times and cant seem to find nothing that i might have violated .

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2 REPLIES 2

kernowlass
Esteemed Advisor
Esteemed Advisor

@mussmuss 

 

Read paypals acceptable use policy about using a paypal account for gaming or gambling reasons.


Advice is voluntary.
Kudos / Solution appreciated.
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mussmuss
Contributor
Contributor

I think you misunderstand its not gaming

 

I sell computer parts 

 

Graphics cards most of the time

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