Tag: PayPal
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PayPal Account Frozen—Is Your Bank Account Next?
We get a lot of messages from people in industries like coaching, health and beauty, adult, and dropshipping about their PayPal accounts being frozen. It’s a tough time for merchants when this happens. You can’t process payments from customers, you can’t access funds within your PayPal account, and you can’t fulfill orders. Essentially, your online…
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RIP Square, iPhones as POS Devices — What Merchants Need to Do Next
Square built it’s merchant empire by providing (at the time) easy-to-use dongles that turned your smartphone into a point-of-sale (POS) device. Over the years, those devices have been upgraded to fit other pieces of technology including tablets like iPads, more operating systems like iOS and Android, and target more merchant categories. How many times have…
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PayPal Gets Sued, Stripe Could Be Next – Is Your Business Safe?
You’ve probably heard the news: PayPal gets sued for freezing customer accounts without explanation. It’s no longer speculation, it’s a fact. The class action has been filed and it will be interesting to see how it all shakes out in the end. But it raises some important questions about your own online business and how…
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Is Your PayPal Account Frozen? Here’s What You Need to Do to Get Your Funds
There’s no doubt that PayPal is a convenient choice for businesses and shoppes, alike. The ability to store a mix of payment methods allows buyers to spend from any source, making the checkout process that much faster. And for businesses, it almost seems like a sure-fire way to receive payment. If a customer’s bank is…
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Why PayPal is NOT a Real Merchant Account
When is it time to get a merchant account? Chances are, if you‘re a startup accepting credit card purchases online, you‘re likely using a PayPal account, Stripe, or a similar online payment provider. But many online business owners make the mistake of thinking a PayPal business account is the same as a dedicated merchant account.…
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