Why does a paypal account get limited?
- Thread starter timewo
- Start date
I have realized and observed from users that the reason could be when you receive payment from a seller or a person or website that is considered a spammy one by Paypal or those that deal in crypto because earlier Paypal was against crypto and was not allowing users to transact or buy crypto but you never know when a Paypal account is being limited by them without any reason.
Many people has problems with PayPal, it sometimes get limited, sometimes it suspend your account and you can not withdraw for 180 days.
Even worse, sometimes they terminate your account and keep any balance without any reason necessary. You can try to plead with Support, but all you get back are canned responses that have nothing to do with your problem. I will never do business with PayPal again.
Paypal limits the amount that unverified Paypal accounts can receive and transfer in a single transaction. This is part of their measure to prevent fraudulent activity from taking place. An unverified Paypal account has a limitation of receiving/transferring $500 in a month, whilst verified paypal accounts can conduct a maximum of $10,000 per transaction. To simply remove this transaction limit, you can verify your paypal account by linking your credit card or bank account to your Paypal account to verify it. Some websites require members to have verified a Paypal account to receive payment for this specific reason.
Maybe you might never have experience it . Sometimes PayPal put on hold some features on a PayPal account
Or just freeze it for six months without any notice or warning.
Yeah PayPal don't just want fraudulent activities with their payment gateway
