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since ‎Feb-21-2023
Country: United Kingdom
Type: Personal
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Pre-checking and approval of personal PayPal accou...

by bigmackcam Contributor in Security and Fraud Archives
‎Feb-21-2023 11:31 AM
‎Feb-21-2023 11:31 AM
Hello, all. I've held a personal PayPal account for many years, and use it quite frequently to pay for products and services. I also (rarely) use it to receive money from friends and family. I'm about to start up a small business from home, operating as a UK "sole trader" (i.e. not as a limited company), making and selling photographic accessories and tools. The market for one of these products is quite large, and it's possible I could start generating quite a lot of sales each year (tens of thousands of pounds, possibly). I've heard some worrying stories about peoples' PayPal accounts being frozen for considerable time, access to funds limited and therefore cashflow problems to small businesses. I would like to avoid that as far as possible, so - is it possible for me to ask PayPal to do whatever security / fraud / "knoy your customer" checks on my account in advance? I understand the need for such security checks, but would like to get them out of the way before I start conducting business...   Thanks in advance for any help or advice! ... View more
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