Omega Owners Forum

Please login or register.

Login with username, password and session length
Advanced search  

News:

Please play nicely.  No one wants to listen/read a keyboard warriors rants....

Pages: [1]   Go Down

Author Topic: Paypal Limits?  (Read 838 times)

0 Members and 1 Guest are viewing this topic.

davethediver

  • Omega Knight
  • *****
  • Offline Offline
  • Gender: Male
  • Blackburn, Lancs.
  • Posts: 1376
    • View Profile
Paypal Limits?
« on: 08 February 2011, 22:06:53 »
Is there an upper limit as to a paypal transaction?

A friend of mine has there own business and wants to be able to take credit card payments, has a business bank account but the bank won't give them a streamline machine to allow payments by card over the phone.

I suggested setting up a business paypal account but have to admit i don't know much about it. Average transaction would vary between 2-5K is this doable with paypal?

TIA Dave :)
Logged
“It is not necessary to understand things in order to argue about them.”
P.A. Caron de Beaumarchais

tunnie

  • Get A Life!!
  • *****
  • Offline Offline
  • Gender: Male
  • Surrey
  • Posts: 37526
    • Zafira Tourer & BMW 435i
    • View Profile
Re: Paypal Limits?
« Reply #1 on: 08 February 2011, 22:10:46 »
The problem is the customers, not sure about business accounts, but personal limit is around £400. With the amounts you suggest the PayPal transaction fee of around 6% will be a sting in the tail  :o

But trouble is most customers with normal paypal accounts, won't be able send required amount
Logged

davethediver

  • Omega Knight
  • *****
  • Offline Offline
  • Gender: Male
  • Blackburn, Lancs.
  • Posts: 1376
    • View Profile
Re: Paypal Limits?
« Reply #2 on: 08 February 2011, 22:14:40 »
But can they not just use it via a credit card, eg i was to buy a car off someone on ebay for a grand and use paypal as a 'one off' but use my CC to pay for the transaction. :-?
Logged
“It is not necessary to understand things in order to argue about them.”
P.A. Caron de Beaumarchais

Bent valve

  • Senior Member
  • ****
  • Offline Offline
  • 0
  • Posts: 950
    • View Profile
Re: Paypal Limits?
« Reply #3 on: 08 February 2011, 22:17:54 »
You need to open an account with Worldpay. no machine needed  :y
Logged

tunnie

  • Get A Life!!
  • *****
  • Offline Offline
  • Gender: Male
  • Surrey
  • Posts: 37526
    • Zafira Tourer & BMW 435i
    • View Profile
Re: Paypal Limits?
« Reply #4 on: 08 February 2011, 22:22:40 »
accounts have to be verified on PP for large amounts, your better off embedding some credit card software. You don't need the banks steamline machine
Logged

davethediver

  • Omega Knight
  • *****
  • Offline Offline
  • Gender: Male
  • Blackburn, Lancs.
  • Posts: 1376
    • View Profile
Re: Paypal Limits?
« Reply #5 on: 08 February 2011, 22:30:43 »
Quote
You need to open an account with Worldpay. no machine needed  :y

Thanks for that looks like just the thing they are after :y :y
Logged
“It is not necessary to understand things in order to argue about them.”
P.A. Caron de Beaumarchais

Danny

  • Omega Lord
  • *****
  • Offline Offline
  • Gender: Male
  • Wigan, Greater Manchester
  • Posts: 6483
  • BLACK 1.6 BORA SHAPED JETTA!!
    • View Profile
Re: Paypal Limits?
« Reply #6 on: 08 February 2011, 22:37:40 »
My brother wasnt able to make a payment of £1600 via paypal
Logged

Vamps

  • Offline Offline
  • Gender: Male
  • Bishop Middleham, Co Durham.
  • Posts: 24708
  • Flying Tonight, so Be Prepared.
    • Mig 2.6CDX and 2.2 Honda
    • View Profile
Re: Paypal Limits?
« Reply #7 on: 08 February 2011, 23:52:09 »
Quote
My brother wasnt able to make a payment of £1600 via paypal

Did he have the money in the bank to cover the payment though?...... :D :D
Logged

Mr Skrunts

  • Get A Life!!
  • *****
  • Online Online
  • Gender: Male
  • Skruntie Land.
  • Posts: 25514
  • 3.O Elite Saloon with all the toys,
    • 2003 CD 2.2 Auto
    • View Profile
Re: Paypal Limits?
« Reply #8 on: 09 February 2011, 04:10:57 »
Quote
You need to open an account with Worldpay. no machine needed  :y

Do your home work on these sort of companies, was advised against using them years ago, all though it was ye0a0r0s a0go0 things ma0y have improved.
Logged
Ask yourself :  " WHY do I believe in what I believe?"

Remember that my opinions expressed here are not representative of the opinions of other members on the OOF Forum.

Bent valve

  • Senior Member
  • ****
  • Offline Offline
  • 0
  • Posts: 950
    • View Profile
Re: Paypal Limits?
« Reply #9 on: 09 February 2011, 07:18:54 »
Quote
Quote
You need to open an account with Worldpay. no machine needed  :y

Do your home work on these sort of companies, was advised against using them years ago, all though it was ye0a0r0s a0go0 things ma0y have improved.
Dont know why you were advised against, its a well respected and trusted way of collectng credit card payments. the only downside is you cant access your money immediately, they keep hold of it and and pay you at the end of the month, thats how they make their cut :y
Logged

TheBoy

  • Administrator
  • *****
  • Offline Offline
  • Gender: Male
  • Brackley, Northants
  • Posts: 106023
  • I Like Lockdown
    • Whatever Starts
    • View Profile
Re: Paypal Limits?
« Reply #10 on: 09 February 2011, 18:47:02 »
I'm sure any clearing house will supply a pqd - I suspect he simply didn't like the setup and rental charges ;)
Logged
Grumpy old man
Pages: [1]   Go Up
« previous next »
 

Page created in 0.039 seconds with 21 queries.