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 watchguy
 
posted on November 18, 2009 04:47:09 PM new
As a seller, I recall reading in the past about some limit that Paypal sets before they require an upgrade to your account, or start sending out 1099's, or start reporting something. Can anybody help with this? What's the limit, and what are the repurcussions?
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 hwahwa
 
posted on November 19, 2009 06:37:46 AM new
upgrading to what?personal to business/
regular to premier??
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There is no 'Global savings glut',only wild horses and loose bankers.
 
 watchguy
 
posted on November 19, 2009 11:49:25 AM new
hwahah...I have a premier account already. My question really wasn't so much about the upgrade issue.
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I'm really more concerned that after you pass a certain point in monthly, or yearly sales, that there might be some direct reporting going on. I seem to recall reading this a few months ago. Can you add any insight?


 
 hwahwa
 
posted on November 19, 2009 01:02:30 PM new
I recall Paypal sending us a 1099 form one year?
or whatever the form is called for reporting interest income?
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There is no 'Global savings glut',only wild horses and loose bankers.
 
 hwahwa
 
posted on November 19, 2009 01:07:35 PM new
This may be OT,but it has to do with using the Paypal debit card as credit card for purchases.
I logged on to my Paypal account and found WSJ charged 226 dollars to my account for subscription renewal?
$226 includes both paper and internet access.
Now I never pay 226 for any newspaper subscription ,I am sure I did not pay that much in the past and never give them permission to charge my card ,neither did I ask for access to their website.
Here is the problem with using the Paypal debit card,as we dont get a monthly statement from them,some charges could go through and we may never know.
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There is no 'Global savings glut',only wild horses and loose bankers.
 
 watchguy
 
posted on November 19, 2009 04:59:49 PM new
hwahwa....one can always view all the activity on their account on PP, right? That's how you found this $226 "mistake" charge. I recall 1 "mistake" charge on my account in the past few years. An accidental double charge for about $100 at the local Walgreen's. It was one of those times when the cashier asks you to swipe your card again..... and you're not sure if it went through twice....sure enough, when I got home I spotted it immediately, literally within 5 minutes. Brought back the printouts to the store, we're I've been a good customer for 20 years. It turned out to be an unexpected hassle on the part of both PayPal and Walgreens(working on my behalf) that took over 2 months to finally get my $100 back.
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I hope and expect that you'll have a quicker resolution to your Wall Street Journal charge.

 
 hwahwa
 
posted on November 19, 2009 05:51:00 PM new
I called WSJ and they reversed the charge and it took 72 hours to show up in my account.
WSJ has never done this,go ahead and charge a customer credit card on file when the subscription expires,I dont even get a notice telling me it expires?Must be hard time,people are cancelling their newspaper and magazines and cable subscriptions.

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There is no 'Global savings glut',only wild horses and loose bankers.
[ edited by hwahwa on Nov 19, 2009 05:53 PM ]
 
 
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