@senseless FYI - it looks like my PayPal payment was processed with no issues. Marked as completed. Wonder what their criteria was for blocking payments.
Its a long list. Basically amounts to this is unusual and seems like something we dont understand so were shutting it down
Did you guys give them a heads up that you guys will be selling products soon and that they will be expecting an influx of $100k+ transactions soon? Or else, they might think it's fraud or money laundering if caught by surprised.
Yes, and I called two of my business account reps for our main business account and introd the new account and purpose. We gave them contact with our Xilinx reps. Didnt matter. ~$1M seized for 6 months.
Our lawyers are working on it.
I saw a youtube video similar to this. The guy bought a bunch of batteries or something for a group buy and was accepted all the payment through paypal.
He was out like $100k for months.
Screw Paypal, use crypro.