I cant help it, I have to comment on this one.
Paypal is going after everyone again as usual, NOT just the biz opp arena - like this arena is. People who never sell anything, minecraft arena, people who sell candles that they make... my daughter is in that arena and was telling me about it the past couple of months. I was like "mine will come again at some point too". And it did and I got the same form letter, the same old "your account is limited" with the same old "terms yadda yadda yadda..." for the reason as everyone else got. Wether they sold anything or not.
I STILL hear people say "but they said my account was excellent"... and dont think they can get it. Think again. They told me that too, loaned me 32,000 dollars, put my account to where my withdraws were instant (only a certain percentage of accounts had this), had zero chargebacks in several years, that particuliar account was 12 years old. Had 3 refunds in 2 years. STILL got me just last week - again. The only reason I even have them on my sites is because people want to be paid by them and a few buy thru them, that is it. Or else they can go to hell.
They've been sued in class actions many times, and lost paying out millions each time for closing accounts for zero reason. I was in all 3 lawsuits because they have done it to me literally 12 times now. The last class action just finished last year.
They tried to make Trafficmonsoon owner go to Braintreepayments (paypal) so they can still make millions off the transactions before the SEC took action. They are extra harsh the past 3 years, I assume to shield their image that "hey, we didnt know! When we realized it we did a good check of everyone and took action to protect our members" (lies). Meanwhile they penetrate everywhere, such as coinbase, coinpayments, walmart, citibank, etc
You call about your closed account. They read off some script. You ask them "Why?" they tell you to email the aup department for specifics. You do - you get no answer - Ever. That is how it is, they have been that way since 2003. or Earlier.
They used to not have a phone number or an email to contact them, until they were forced to.
Now... why everyone insists on using this middleman to buy? I have zero idea, hypnotized? Because when they do, the site or store pays ppal 3 times or more, the credit card transaction fee, of a real merchant account. And so for the site/store to cover that cost - they raise their prices everywhere. But because of not wanting to take the minute to not type in a credit card number, and instead go to some place where its stored already... it will cost more money to buy anything in the long run.
Paypal cant "approve" a site (giving it existence), they cant "shut down" a site, they are not the law, they are not a bank, they are letting you use their merchant account and charging 3.. 4... times the fee = profit.
I could do the same thing with my merchant account. Anyone can.
Plus, your info is seen by many people who work there. How do I know? I filed a police report several years ago for identity theft saying I highly suspect someone at Ppal, because at the time, they were the only ones who had that much info on me.
So its not devasting if you lose your ppal account. They EFFING suck. They really do and betray people in a second, portray some squeeky clean image and this crap about "approved by ppal" meanwhile burying the real truths.
Just give up on trying to reason with the dragon. It just burns you more. You just go get another and another account as it happens.
I hope alot of people read this, spread the word.