Please forgive me if this question has been asked before....I was just wondering if the hobbyists mind using Paypal as a form of payment, as I am thinking of adding that as an option. For my fellow providers, do any of you ladies use Paypal and how is it working out for you so far? Is there any LE concerns I should have if I choose to use Paypal?
I'd never try it but I think that Paypal can be very strict if they suspect use of their service for a less, um, conventional service. I think they will cancel / close accounts and who knows what else.
A few Topics "down" (earlier) than this one is "Questions Re: P411 and VIP Membership in TER" and I replied to it with "New way to pay anonymously: TrustCash". Does anyone know if individuals can register to receive payments with TrustCash? Does it work fast enough so a gentleman could pay at the bank on the corner and the hostess would get confirmation (email? on-line account login?) by the time he rang the doorbell?
It wouldn't really matter to me. Personally, I'm a cash only kind of guy.
Tried making deposits twice, both times my account was suspended pending investigation for possible fraud.
Once your account is suspended, they will hold your money and take their jolly sweet time to reactivate your account. It can take as long as three to six months.
PayPal, even for "legitimate" e-commerce accounts typically suspends your account for "review" as soon as you start making any serious amount of money. (a few thousand or hundred dollars accumulated with any regularity) This review can happens either in weeks or after months. At that point, they will request information about your business, your services, want to call 'vendors' for references, see invoices, etc. In your case, they'd probably ask for ID, SS#, tax returns, business records... it goes on and on. There's a story that a legitimate mini-web celebrity was organizing a conference and taking payment via PayPal. They didn't like it for some reason and papered her to death with all the requests.
Even if they didn't do this to your account, these are again credit card transactions through a third party. Nevermind the negative or fake review. Someone can just decide to "dispute" your transaction for services not receive or not as described either through PayPal or their CC company. With PayPal's policies, good luck getting your money then.
Just don't do it. It's hard enough to get a PayPal account to not have limits on it (even if you pass the checks with a legitimate business, they can put you on things like a 20% rolling 90 day reserve) when selling tangible products. Using it for this, you're setting yourself up for a punch to the face.
unless you hook it an innocuous, "legit" site. Waaaay back when, I hooked paypal to my adult website and now I am forever banned from using it. All additional cards I've ever tried have been denied.
Saved me a bunch of money on ebay, but it's a pain.
I've since set up a website for my handknit baby sweaters, hooked google checkout to that and it's been fine. That said, I think only 2 people in 3 years have charged their session .
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