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Having Paypal problem? You may have tried to send a refund, and received this error: “To refund this payment in part or in full, for any reason, please use the Send Money tab. The Refund Payment option is available for 60 days after a payment was sent.” Unfortunatey, there is no know solution. I am working on a [...] [...more]
Contrary to what I was told by a Paypal representative on the Paypal plugin being cancelled, I was soon told that actually, that was a load of… balls shall we say. A very nice PR representative for Paypal, Keely Fox, notified me that in fact the plugin is still active, and was not cancelled as [...] [...more]
Click for an update to this post – as informed by a RELIABLE (believe it or not) Paypal PR representative. (At least someone knows what they’re talking about.) I’ve seen a lot of talk about the Paypal plugin, and the ability to generate a virtual credit/debit card via the downloadable plugin. It seemed a fairly intriguing [...] [...more]
As park of a risk exposure review, Paypal will often issue your account with a minimum reserve. A minimum reserve is where a set amount of money is always held in your account. A typical minimum reserve would be $1,500. This would mean that there must always be a minimum of $1,500 in your Paypal account, [...] [...more]
As park of a risk exposure review, Paypal will often issue your account with a rolling reserve. A rolling reserve holds a percentage of all received payments, for a certain amount of time. A typical rolling reserve would be to hold 5% of all payments, for 60 days. After the time period (in this case, 60 [...] [...more]
Paypal have several security measures in place to ensure that both buyers, sellers, and the company itself is protected from loosing money. In the economic downturn, Paypal have expeirenced a lot of business that use their payment system, to become insolvent, which leaves a large financial risk to Paypal themselves. The business goes bust, people [...] [...more]