NEVER use PayPal as sole payment method 💀

🚨Advice for SaaS Owners:

1. NEVER use @paypal as sole payment method 💀

2. NEVER USE @paypal to sell Suscription

3. If you don't follow 1-2 then withdraw as soon as you receive a payment

PayPal running a bogus algorithm that may suspend your account without notice

This year 3 companies I know and 2 that I'm invested had been forced to stop using @paypal as without notice they received an email saying

"After a review we decided to not let you use Paypal as you don't comply with our terms"

A LIE!

• All SaaS with average monthly income via Paypal of 30K USD (around 30% revenue)

• All of them has recurring customers using verified Paypal accounts (unverified payments aren't allowed)

• All are USA corporations

• All of then are legal and complies with @paypal terms

They will wild hold your money!!

All your balance for 180 days minimum... 😡🖕

And after that they can release it to your bank account or keep it at their own discretion

And you can't argue with @paypal

They will tell you that you accept that when you created your account

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