Dear Merchant -
Starting today, Friday, November 1st, PayPal will begin the process of deducting $1500 from your PayPal account for the Visa and MasterCard high risk merchant registration fee. We plan on having all accounts finished by Monday, November 4th.
Per our previous email, we will be deducting $1500 from your PayPal balance. PayPal will contact you if you have inadequate funds in your account.
If you have any questions, please do not hesitate to contact us at
[email protected].
The PayPal Team