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since ‎Mar-21-2011
Response911gear
Response911gear
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Re: Rolling Reserves

by Response911gear in Merchant services (Archive)
‎Mar-21-2011 11:52 PM
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‎Mar-21-2011 11:52 PM
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I can not believe this, With todays economy and everyone just trying to servive Paypal does this to the small guys. I sell Police, Fire and EMS equipment and appearal to all major departments. Now what am I supposed to tell these guys. Pay pal is keeping 30 percent of my orders and the problem with that is I dont even have a 30 perecent mark up un my products. A chief just called me today and needs 3 new helmets for his guys that were damaged in a fire, total comes to $1,000 dollars, my cost is $800. there holding 300 of that so now I have to take 100 dollars of my money to cover the cost and wait 90 days to get paid. This will put me out of bussiness as I dont have enought in my bank acount to cover all the department orders over the next 90 days as my mark up is userly 10% to 15% on the products. Nice way for pay pal to treat us in this economy, guess its time to close the doors and go on unemployeement befor I lose my house due to this... Thanks alot pay pal... I think its time we all post this on our facebooks as it travels like wild fire on facebook and get everyone to cancel there accounts with pay pal, Inform the nation, Inform the world as to the way they treat people and the people trying to build a better life for them selves and loved ones. Please post these stores on facebook and spread the world. Start cancelling your pay pal accounts and togeather we can put them out of bussiness just like they are putting me out of bussiness and many others that I know..... ... View more
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