Thursday 11 February 2016

PayPal And Moving Forward From Here

I truly am doing all that I can to get this situation resolved, and have met with so many people discussing ways to overcome it, including individuals who are in position to help in significant ways. PayPal is promising to send the balance in full within 180 days.

PayPal will be reviewing the account each 30 days to decide how much (if any) can be released in intervals, but for sure we will have all funds out within 6 months time.

We're working through many solutions, including retaining one of the best attorneys to resolve this situation. This attorney has worked with the Department of Justice, has connections who are in the FBI, and a friend of his also is friends with the CEO of PayPal. We're working all possible channels to get this resolved amicably and quickly.

Please know that I recognize fully the position this is placing each of you in, and I am working so very hard to get this resolved for you and all members as soon as humanly possible.

Worse case scenario, PayPal will release the funds in a max of 180 days and everyone's pending withdrawals will be paid. I've always been honest with you, so I at least hope you stick with me through this journey as we face what PayPal has done to YOUR business together and get through it together, and keep going for years and years to come.

Best case sceneario, we'll have a new payment gateway added to the system in a matter of days and our solutions we've been working on will be in full force and within the next 3 weeks or so we'll have all the pending payouts caught up and withdrawals instant again. If all the sales which have been going into PayPal these last few weeks went into Payza & Solid Trust Pay, then we wouldn't have any issues with paying anyone.. So let's focus on having everyone use Payza or Solid Trust Pay.

The best thing for everyone to do is setup Payza, or SolidTrustPay while we complete work adding an additional method of payment and get it built into the system. PayPal is no longer a method of payment on the website.

The trajectory of the business has been upwards, so keep doing all you have been doing to grow the business and take this to the next level (like you always have) then we'll make it through this challenge in a shorter time.

Looking at sales trends, and current payout requests awaiting to be paid.. as long as sales go through a method of payment we can actually use (instead of paypal) we would have every pending request paid out within 3 weeks or less.

The ticket here is not to give up, but keep moving forward... and using payza / stp -- and you'll see that the requests will be paid in a shorter time than 180 days due to the flow of sales coming in.. That's all we need to do.. stay positive, keep going forward, and this will resolve itself

No comments:

Post a Comment