After having a sound PayPal account for 5+ years, we upgraded to PayPal Pro to implement a shopping cart on our site. After our application was approved, they informed us that there would be a 90 day hold on 30% of our funds. We had no choice this late in the game. Here are the facts: PayPal WebPayments Pro facts: 1) At $30 a month plus fees, it is one of the highest cost gateways in the industry. 2) The 90 day hold is indefinite. Your chargeback history, business volumes, nor account status matter. 3) They will not take a deposit to offset. We do a few thousand a year and offered to park $10K in an account. no go If you are looking to start an online business or take your existing business and extend it online, I can honestly say that the worst decision you could make would be to go with PayPal WebPayments Pro. We did and are now having to actively scramble to convert to a new gateway. With another business we use Quantum Gateway and they are incredible. $10 a month. Very small fees. ACH deposit that night.
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