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21-05-09, 16:39 #1
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Is there any Limited Number of Transaction???
Just one of my Friend said me That PayPal Only Allow a Limited Number of Transaction for Unverified Account and Number Transaction exceed then your Account will get Limited, Is it true, Do PayPal Have Such rule of getting Limited Number of Transaction?????
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21-05-09, 17:23 #2
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no. they only limitted the transaction amount can't exceed 500$ . i think you friend was talked about the payment from credit card. we are only allowed to receive payment from credit card 5 times per year with personnal account.
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21-05-09, 18:22 #3
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Re: Is there any Limited Number of Transaction???
ya some restriction is there like 5 credit card accept /or send and $500 sending limit and some with draw limit i forget that.
Originally Posted by sekhar4m92
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21-05-09, 18:25 #4
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yeah this is also what I know about PP since I asked one of my friend about this. Just to make it sure though just let your friend verify his account in PP.
Originally Posted by hyxfei
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22-05-09, 09:38 #5
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well. no matter vified account or not verified. all only allowed to receive payment from credit card 5 thimes per year. or you need to upgrade your account to premium one.
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22-05-09, 11:59 #6
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Well as far as i know no of transactions are not limited in paypal for unverified account.They just limit the amount you withdraw.
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22-05-09, 13:15 #7
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yes you are all correct. but if you will read it in paypal you will get confused. lpaylpal should have explained it really well . i think they make it confusing to make people upgrade to premier account which i ded before cause i thought i will not be able to receive more than 5 times. but then i realize that paypal was talking about credit card payments sent to us and not paypal to paypal payments.
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22-05-09, 14:13 #8
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Ya.They just do that for publicity of paypal.So that more people could join and more could upgrade their account.
Originally Posted by indieover
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23-05-09, 07:04 #9
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Re: Is there any Limited Number of Transaction???
yes,if your paypal account is unverified ,you will be limited to withdraw from the paypal account.so the best way is to verify our paypal account.
Originally Posted by sekhar4m92
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23-05-09, 07:58 #10
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Re: Is there any Limited Number of Transaction???
I do not think that if even paypal account is unverified then also you can withdraw lot of times only that amount you are withdrawing get restricted.
Originally Posted by easy08
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23-05-09, 09:36 #11
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well. the limitted amount is also one of limitted , isn't it?
what good would it be if you seperate your withdraw amount of 500$ to 500 times?
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23-05-09, 17:48 #12
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I am not getting exactly what are you saying.Just try to explain clearly.Are you trying to say that you can not withdraw more than 500 times?
Originally Posted by hyxfei
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24-05-09, 14:51 #13
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if you are having a personal unverified account then you will certinaly have some or the other limitations in the transasctions only. not the number of transactions. the limit is restricted to the amount of money you have been transacting.
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24-05-09, 23:46 #14
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yes that is true. it is not the number of transactions but the total amount of money you can withdraw that is limited. i just don't know how much money we can receive per month only for unverified accounts.
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25-05-09, 05:22 #15
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well. i don't think it's hard to understand my previous post at all.
Originally Posted by revvv1234
ofcourse you can't seperate your 500$ limitted amount to 500 times of withdraw and even paypal also have minimum withdraw amount i think. and you won't seperate your money to every 1$ when you withdraw it? will you?
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26-05-09, 06:15 #16
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I think thread starter is asking will it have transaction limit for unverify account not the withdrawal limit for paypal is it? For transaction limit it is set at $500 per month. You can't make transaction more than that, it will rejected your request but wont limit your account.
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27-05-09, 03:07 #17
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Ya but with unverified account i have withdrawn $10 to $100.So i have not not faced any problem in anything.
Originally Posted by hyxfei
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11-06-09, 21:15 #18
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ya thats right, if you are receiving or sending more money through CC then you better upgrade to premium account otherwise personal account is the best
Originally Posted by hyxfei
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11-06-09, 23:24 #19
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THe limit you can receive is - none
And the limit you can send is - all amount you have in your balance
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12-06-09, 02:32 #20
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the main limit in the number of transactions is the credit card transaction of 5 times only. Although this comes into the scene when you have verified or unverified paypal personal account.
Originally Posted by alec11
SmartzKool
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