Does PayPal give you money back when they hold your money well stay to the
end of this video because you will find out the truth about PayPal holds hey
guys I wish you here and quick announcement I just released my free
winning product cheat sheet so basically it's like a PDF guide which will teach
you what are the winning product requirements how to find the winner and
I will be also showing you a food a few winners and analyzing them why they are
winners so I highly I highly recommend you to go to the description and click
the link there you will be also subscribed to my messenger list where I
will be sending you daily tips daily motivation daily encouragement you know
coz the entrepreneur journey like the dropshipping journey it's kind of rough
you know it's like building any business it's kind of a little bit hard you know
and you need all the support you can get so my messenger list is a great place to
get support so yeah just go down below get it and also if you're new to my
channel make sure to subscribe so now let's talk about PayPal holds a lot of
people like don't really understand the holds a lot of them are scared so let me
clarify so we have free type of hold so the first one is limitation limitation
is basically when like when something happens if your account when you like
scale too much you know or we change some information they they just limit
100% of your money it's usually for like 72 to 96 hours usually and they just
hold all your money so you're not able to withdraw you're not able to pay with
PayPal you can just receive money you know and this usually lasts for like I
said 72 to 96 hours while they verify and once it's verified they usually like
they usually like stopped 100% limitation then the next thing is the
hold so hold they usually call it I think
it's a collateral hold or something something like that or a jump start
it's like a jumpstart hold and that is basically that they straight away they
take let's say 25k this is what happened to me
so they took 25k immediately out of my account and they put it on hold for 30
days other people what I heard is that they hold like 25k until the goods
arrive there is also another option that I heard and yes so the money actually
you get it bad or you get it back of course they they told me like 30 days in
reality it was I think like 31 maybe 32 days because their weekends so v8 was
around 32 days so PayPal kept their promise then then there's the rolling
Reserve and rolling Reserve is basically that they take they take a percentage of
your each of your sale so let's say you sell $40 product and they hold let's say
20% so that's like $8 so whenever someone someone like buys from you
you will receive you will receive $40 - the paypal fee and then then also the
20% rolling reserve will be also put on hold so you will not be able to access
that money you will be not able to pay with those money it is just temporarily
frozen and usually from what I heard is that I heard some people that they have
that have a good drop shipping business they're rolling reserve is like 10% for
45 days but this is pretty rare what's usual what happened to me is 20% for 60
days but I also heard someone have 30% for 60 days or 20% for nine 90 days so
it's it is pretty individual you know but when you get a hold all you need to
do is you need to send them all the documents that they need it's usually
like tracking numbers your business documents they'll probably ask about
your business you know if it's drop shipping stuff like that it will most
likely also need your ID invoices you know and stuff like that they'll need a
a lot of information from you and make sure to give them everything that they
need and make sure like like really really make sure to give them all the
real documents don't fake anything like I don't I don't need to even explain why
why you shouldn't send fake invoices or fake documents like never do that okay
guys never like never send fake stuff to PayPal or Facebook because they are your
partner's right so you need to you need to build and keep good relationships a
good relationship with them you know so you know guys the reason why PayPal does
holds is because and they're also running a business and they're trying to
protect themselves what what I saw in the drop shipping space is that there
are some scanners so those people they scale to like 100k 200k 300k very very
fast like within a month and they don't even ship the products you know they
send fake tracking numbers or they don't even send tracking numbers and they make
all the money and they take it out of PayPal and they just run away and don't
fulfill the orders and you know like you are like those people those people are
screwing the customers and then you know they're also screwing PayPal because
let's say they scale to 300k with paper only then pay bail is held liable so
PayPal like loses the 300k because or not 300k now like probably 300k because
they have to refund the money to your customers you know so that's why PayPal
does the holds it's for their own security if you if you run a clean white
hat business you send the goods you you like upload tracking numbers you
everything right you take care of your customers you will be totally fine you
don't have to worry about PayPal you know it is like a minor setback it is
something that slows you down but in general I think it's a good thing
because it keeps everyone safe it keeps the customer safe and it it
just keeps people honest you know because if people wouldn't do that there
would be much much like way more scat scammers it
would just scale and not fulfill orders right so I hope you guys enjoyed this
video this quick video if you like to work with me one on one I just released
a free case study it's like a 40-minute case study that you can watch it's
pretty educate okay educational you can learn a lot of stuff there and if you
like what you see what you have learned and you would like to skyrocket you
wanna go to the fast lane and just get get results faster and progress faster
you can apply for my coaching you know just a disclaimer I don't I don't accept
and like everyone you know like I'm not looking to coach as many as as many
people as possible I'm just looking to work with a few select people that I can
help really grow to five and six figures per month so I hope you guys enjoy this
video make sure to subscribe and have a nice day