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 gourmand
 
posted on October 9, 2000 06:05:58 PM new
copy from PayPlace's FAQ:

"You may withdraw your full amount from your PayPlace account, if you are requesting that we send you a check. However, $200 is the maximum you can electronically transfer from PayPlace to your bank account within a 90-day period. When you confirm your mailing address, we will increase this limit to $5000 per each 90-day period, Please see instructions for confirming your mailing address for additional information. "

So that's mean we can accept $5000 credit card payment within 90 days period. (Currently, PayPlace is a free payment serive.) That's much better than PayPal's $1000 in 6 months. But their withdarw speed is slower than PayPal, usually 7 to 10 days.
[ edited by gourmand on Oct 9, 2000 10:27 PM ]
 
 uaru
 
posted on October 9, 2000 06:17:04 PM new
One of us has failed to understand something. What I'm reading is that PayPlace will allow me to electronically withdraw up to $5,000 up from the $200 limit upon address verification. I wasn't aware that PayPal ever had a electronic withdrawal limit.

 
 paypaldamon
 
posted on October 9, 2000 08:17:35 PM new
Hi,

No withdrawal limit is present for PayPal. The only limit is for credit card funded payments.

 
 
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