get the merchant account at paypal or google check out.

 

why?

I here so many horror stories about paypal withholding balances from businesses?

This is why I have looked towards auth.net and a merchant account.

 

PAYPAL = BAD IDEA...

There is another post on this where I supplied a lot of information on payment processors. Try the search bar and it should come up.

 

I second that Paypal = BAD IDEA! I had $12,000 locked up in them that they wouldn't release. I provided ssn, bank acct info, a letter from my bank, pay stubs, govt issued ID, and more - and they still refused to release the funds. they (thankfully) refunded the money to my buyer, but they still "permanently locked my account". meaning - i cant even close the acct, and they refuse to close it as well.

In short -- i hate paypal and they hate me.

 

Talk to the bank where you do most business, they can usually sort you out. The pricing is a bit more than you may find with online providers but there wont be any problems like paypal

 

I had this problem with paypal as well. Them locking up my money. Happened twice with 14k and 5k. What I do now is simple and it works.

When I have ~2-4k in my account, I transfer it to my bank account that's linked with Paypal, and then I transfer it again to one that's not linked to Paypal. This way they cannot touch your money (disputes and other issues) or lock much of it. If you have a business that is vital and needs paypal to work at all times, you can setup a second account as a backup.

 

Check ur pm.

All depends on the type of online business.