Home | Community | Message Board


Phytoextractum
Please support our sponsors.

Mushrooms, Mycology and Psychedelics >> Shroomery Sponsors Forum

Welcome to the Shroomery Message Board! You are experiencing a small sample of what the site has to offer. Please login or register to post messages and view our exclusive members-only content. You'll gain access to additional forums, file attachments, board customizations, encrypted private messages, and much more!

Shop: NordVPN NordVPN   PureVPN PureVPN

Jump to first unread post. Pages: 1
Anonymous

Vendors: PayPal woes? Account frozen? Help inside.
    #2895628 - 07/16/04 02:02 AM (12 years, 11 months ago)

PayPal may "freeze" a vendor's account due to the sensitive nature of this business. However, you may be able to get your funds released. Read on here:

http://www.paypalsucks.com/forums/showthread.php?tid=5223&fid=3&block=0

Good luck.


Post Extras: Print Post  Remind Me! Notify Moderator
Invisiblenight trainV
Stranger
Male

Registered: 11/15/99
Posts: 466
Loc: Midwest US
Re: Vendors: PayPal woes? Account frozen? Help inside. [Re: daba]
    #2896260 - 07/16/04 09:53 AM (12 years, 11 months ago)

Yeh, they released my funds and cut me a check about 20 months after they froze my acct.


--------------------
Lil' Shop of Spores - Exotic Mushroom Spores From Around the World
Save 10% Off Any Order Use Coupon Code: SHROOMERY


Post Extras: Print Post  Remind Me! Notify Moderator
OfflineUncleMike
Visionary
Male

Registered: 05/18/03
Posts: 964
Loc: S.W. Virginia
Last seen: 8 years, 6 months
Re: Vendors: PayPal woes? Account frozen? Help inside. [Re: Anonymous]
    #2943682 - 07/30/04 08:19 AM (12 years, 10 months ago)

they hold your money for 6 months before they release it and they don't pay you interest.


Post Extras: Print Post  Remind Me! Notify Moderator
OfflinepsilocyberV
old hand

Registered: 06/09/99
Posts: 1,811
Last seen: 1 day, 16 hours
Re: Vendors: PayPal woes? Account frozen? Help inside. [Re: UncleMike]
    #2943884 - 07/30/04 10:27 AM (12 years, 10 months ago)

Yep, you're right Mike.. they will freeze your account with no warning and effectively shut down your ability to either remove funds, transfer funds, or accept new funds. Then 6 months later they send you a thank you note for the short term interest free loan you just gave them as they pay back the priciple.

However, even though PayPal tends to do this with great frequency, especially with "sensitive" businesses, it is also a tactic of traditional credit card processing agencies. In some cases they will take new merchants and "freeze" a pre-determined amount of deposits for a 6 month period as a "security reserve." This too is apparently an interest free loan to the processor. However, at least with these traditional merchant services provider you can continue to do business and receive money in the meantime.


Post Extras: Print Post  Remind Me! Notify Moderator
Jump to top. Pages: 1

Shop: NordVPN NordVPN   PureVPN PureVPN

Mushrooms, Mycology and Psychedelics >> Shroomery Sponsors Forum

Similar ThreadsPosterViewsRepliesLast post
* Vendors WANTED: dimitri211 847 4 06/26/01 03:44 AM
by 40oz
* Spore Vendor Complain > McMans accusations
( 1 2 all )
Ryche HawkV 3,052 24 05/23/01 08:49 AM
by Taz
* Final Vendor&links list unless you have more dimitri211 1,400 11 07/01/01 02:19 AM
by Jared
* Filter Disc Question for you vendors celsius 1,958 13 06/15/01 04:44 PM
by Lana
* VERY Risky Using Paypal After Sept 24th
( 1 2 3 all )
boxtop703 5,481 41 07/07/13 03:07 PM
by FooMan
* Looking to pay for a P. Cub spore syringe from a vendor
heretician
1,552 5 03/13/07 12:41 PM
by fourstringbass
* Any suppliers take paypal. JAMIEK 1,376 11 08/27/04 09:12 AM
by boxtop703
* Paypal question about drug related material blahblahblah 1,179 7 02/11/03 08:16 AM
by Ryche Hawk

Extra information
You cannot start new topics / You cannot reply to topics
HTML is disabled / BBCode is enabled
Moderator: geokills, motaman
720 topic views. 0 members, 2 guests and 0 web crawlers are browsing this forum.
[ Toggle Favorite | Print Topic | Stats ]
Search this thread:
Marijuana Demystified
Please support our sponsors.

Copyright 1997-2017 Mind Media. Some rights reserved.

Generated in 0.035 seconds spending 0.008 seconds on 19 queries.