Quote:
Originally Posted by Everess
For real... what the hell is the problem with Paypal... there is huge money in this... and sponsors are paying - OUT.... Not customers in.... so I don't see the risk
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The problem with paypal is this- if you move serious bucks overseas your account gets flagged and occasionally paypal will do an investigation. While under investigation paypal can, and in my experience will, freeze all the funds sent for the last pay period; not just one or two, not just international, but everyone.
They usually start their investigation a few days to a week from when they payments were sent- so for affiliates who don't carry a balance in their paypal and may have started withdrawing or otherwise spending their money, the funds aren't just frozen but they wind up with a negative paypal account balance. This pretty much locks down your account until the investigation is complete and the funds re released.
I've done paypal payments for a few different programs over the years and I've only had it happen a handful of times, paypal has never confiscated funds and has always unlocked all the cash in about a week's time, give or take.
In a nutshell that's the problem with paypal. 99% of the time it's fine, you just have to decide if you're willing to deal with the occasional hassle and risk that can come with it.
Right now CashX seems to be the most solid since they are FDIC insured, it's something you're not getting with the majority of payment solution providers.
