PayPal. Withdrawals. Final solution.

Hello,

As you probably noticed already, unfortunately all disputed PayPal Transactions has been decided in our favor. This money will be frozen in our account next 6 months. I would like to tell you now: "Just withdraw through other processor" but it is simply not possible, because every PTC site which using PayPal receiving 80% of funds in PayPal.

So, here are the rules about withdrawals in next period:

1. Your account, balances, membership and rented referrals will stay untouched.

2. System will limit your Return on investment on 150%. The system will completely ignore PayPal's deposits as we do not have a business with them anymore. From now on, we will use only legit payment processors in our sites. It means, if you want to cashout $1500 through Payza, $1000 Payza deposits is required.

It is only temporarily measure. When PayPal give us money back, everything will be as before.

If you are upset now, just think about what 99.9% of admins do after PayPal limitation,
they closed their business and not paying other processor's cashout.

Sorry for the Paypal troubles, It is beyond my control.

Regards,
Edin

Hi Admin,

I change my payment method from paypal to payza in account settings. About this news do i need to invest in this site in order to cashout for a mere $7? Please enlighten me.

Quote: balkanikaclix
Hello,

As you probably noticed already, unfortunately all disputed PayPal Transactions has been decided in our favor. This money will be frozen in our account next 6 months. I would like to tell you now: "Just withdraw through other processor" but it is simply not possible, because every PTC site which using PayPal receiving 80% of funds in PayPal.

So, here are the rules about withdrawals in next period:

1. Your account, balances, membership and rented referrals will stay untouched.

2. System will limit your Return on investment on 150%. The system will completely ignore PayPal's deposits as we do not have a business with them anymore. From now on, we will use only legit payment processors in our sites. It means, if you want to cashout $1500 through Payza, $1000 Payza deposits is required.

It is only temporarily measure. When PayPal give us money back, everything will be as before.

If you are upset now, just think about what 99.9% of admins do after PayPal limitation,
they closed their business and not paying other processor's cashout.

Sorry for the Paypal troubles, It is beyond my control.

Regards,
Edin

Yes we have to stick together

Thank you for your transparency and for providing a resolution on this Paypal issue. Much appreciated.

Sheila

This seems to me to be a good solution to a big problem. I'm very pleased that the Admin found a solution that will carry the site through this period until Paypal releases the frozen funds.

I saw that you added Bitcoin. Nice move.
Maybe you can consider Dash which is a good altcoin (IMHO).

I will try btc deposit now.

EDIT: Ok the deposit worked! But I can't withdraw with bitcoin?

Dear admin

Please add Neteller payment processor . Its only supported for Indians after paypal. The Payza not supported to india for withdrawals and deposits.

Quote: balkanikaclix
Hello,

As you probably noticed already, unfortunately all disputed PayPal Transactions has been decided in our favor. This money will be frozen in our account next 6 months. I would like to tell you now: "Just withdraw through other processor" but it is simply not possible, because every PTC site which using PayPal receiving 80% of funds in PayPal.

So, here are the rules about withdrawals in next period:

1. Your account, balances, membership and rented referrals will stay untouched.

2. System will limit your Return on investment on 150%. The system will completely ignore PayPal's deposits as we do not have a business with them anymore. From now on, we will use only legit payment processors in our sites. It means, if you want to cashout $1500 through Payza, $1000 Payza deposits is required.

It is only temporarily measure. When PayPal give us money back, everything will be as before.

If you are upset now, just think about what 99.9% of admins do after PayPal limitation,
they closed their business and not paying other processor's cashout.

Sorry for the Paypal troubles, It is beyond my control.

Regards,
Edin