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I actually had a problem with PP. They can freeze you without notice at anytime (something todo with risk exposure). So now Im sticking with STRIPE. Unless the
by adamqureshi 9y ago
I actually had a problem with PP. They can freeze you without notice at anytime (something todo with risk exposure). So now Im sticking with STRIPE. Unless the customer insist. Yeah STRIPE api is super easy for integration. I get my money in 2 business days. 2.9% fee+30 cents P/transaction.
- CodeWriter23 9y agoStripe or any merchant bank for that matter will freeze funds, or extend rolling payout intervals if your refund and chargeback metrics indicate a need to hedge against your losses via refunds and chargebacks. Stripe is pretty up front about it: https://stripe.com/docs/payouts#payout-schedule https://stripe.com/docs/payouts#payout-schedule while PayPal buries it in the click-wrap TOS. Maybe that's why people get totally unglued when PayPal impounds their funds. PayPal Capital has also been known to solicit loans to companies that had their funds impounded...we just swiped your cash, can we loan it back to you for an extra charge?