PayPal Limited My Account For Selling A Play Station. Whats Going On?
Like an insurance company, PayPal keeps very detailed information and statistics on which items being sold are associated with the most risk and fraud. Popular items like the PS2 and PS3 were closely watched by PayPal. Anybody who sold one got their account limited and had to go through a very difficult process of getting their accounts unlimited. Naturally, scammers took advantage of the situation by ordering PS3s from legitimate sellers and then reporting non delivery of the item to PayPal. PayPal gave the money back to the fraudulent buyers and the sellers were out a lot of money and product. This situation was exacerbated by the fact that PayPal actually contacted buyers who purchased PS3s from sellers telling them that they were looking out for fraud and to please report if they got their PS3s. You know what happened then. Therefore, if you are a seller — or even a buyer — and you want to sell high dollar items or hard to get items, beware. PayPal is tracking what you sell and m