Re:WePay Drops 600lbs of ice in front of PayPal Conference
by netcan on Wednesday October 27, 2010 @04:47AM
(#1837810)
One meme is businesses launching on paypal, transacting a lot on week 1 and getting frozen for being a suspicious newcomer - also variations on that. For many types of business (eg retail), that's a cash flow showstopper.
Banks' solution to this sort of thing is low tech. Have a local banker talk to you, maybe pay a visit.
That's a good point actually. Maybe the anti-PayPal meme might die a little if you could actually get preferred service (and not frozen accounts) if you have a history of processing payments over a certain level. They already know who that is because they give you better pricing for volume.