PayPal Rolling Reserve and some Advice for an Israeli eBay Drop Shipper

Published on: December 3 2022 by Marc Augustine

PayPal Rolling Reserve and some Advice for an Israeli eBay Drop Shipper

Table of Contents About PayPal Rolling Reserve and some Advice for an Israeli eBay Drop Shipper

startTime	durationTime	text
00:00:00	00:00:04	what's up guys mark from the assuming
00:00:02	00:00:08	here and I wanted to tok about
00:00:04	00:00:12	something that came up today with Darin
00:00:08	00:00:12	Darin as one of the it's an Israeli guy
00:00:13	00:00:17	it's as a really dropship of who's part
00:00:16	00:00:22	of the S Cheney is also part of the
00:00:17	00:00:24	honor dropshippers group so this is more
00:00:22	00:00:26	I think it happened this morning he sent
00:00:24	00:00:29	me a message you got to what is called
00:00:26	00:00:33	PIPA ruling Reserve now what a role of
00:00:29	00:00:36	Reserve is is that for every let's say
00:00:33	00:00:40	there's a 10% ruling Reserve right for
00:00:36	00:00:42	every order you get they take 10% of the
00:00:40	00:00:46	of the total so let's just sell this for
00:00:42	00:00:49	$400 on eBay when someone pays me $10
00:00:46	00:00:51	you put on hold for like I think I got a
00:00:49	00:00:52	90-day rule in reserve at one point I'll
00:00:51	00:00:54	get into that in a second I want to
00:00:52	00:00:55	explain why it happens and what you
00:00:54	00:01:01	could do about it
00:00:55	00:01:03	so Darren got a email from PayPal this
00:01:01	00:01:05	morning that he has a 20% rolling
00:01:03	00:01:06	Reserve now that's actually high as
00:01:05	00:01:07	really reserve I've ever seen in
00:01:06	00:01:13	my life
00:01:07	00:01:16	and why PayPal does that and why other
00:01:13	00:01:18	credit card processors do that is when
00:01:16	00:01:20	to consider your transactions high risk
00:01:18	00:01:22	they keep our ruling reserved for any
00:01:20	00:01:29	returns refunds and not everything to
00:01:22	00:01:32	cover any excess right now the the 20%
00:01:29	00:01:35	thing even high risk merchant accounts
00:01:32	00:01:37	keep a 10% rule in reserve so 20% is
00:01:35	00:01:40	literally the highest I've ever seen
00:01:37	00:01:42	now so the question is what to do what
00:01:40	00:01:47	could we do about it doesn't make any
00:01:42	00:01:47	sense option now
00:01:47	00:01:52	I've never I think I've seen one person
00:01:50	00:01:56	who got a 20% role in reserve in my life
00:01:52	00:01:59	and it was rough and I got a 10% Roland
00:01:56	00:02:02	no I got a 12% rule and reserve maybe
00:01:59	00:02:03	like three or four years ago and what I
00:02:02	00:02:05	did about so I called people I like to
00:02:03	00:02:08	I'll call I kept calling explain like
00:02:05	00:02:10	hey I'm a small business blah blah blah
00:02:08	00:02:14	just be honest right and I cannot afford
00:02:10	00:02:16	a 20% or 12% realism what I did after
00:02:14	00:02:18	about three or four years of calling
00:02:16	00:02:21	maybe like five six five six times a day
00:02:18	00:02:24	they lower the role in reserve to 6
00:02:21	00:02:26	percent now my profit margin is only 10
00:02:24	00:02:29	percent so even when there's a rolling
00:02:26	00:02:35	reserve of 6% I only have four percent
00:02:29	00:02:38	player which is but drop shipping
00:02:35	00:02:40	was my only source of income and I'm
00:02:38	00:02:43	sure for darn a lot of you guys it also
00:02:40	00:02:45	is so you have to try to make it through
00:02:43	00:02:47	to the 90-day mark so what would happen
00:02:45	00:02:48	is that if you have a 90 day role in
00:02:47	00:02:51	reserve all that money that's
00:02:48	00:02:53	accumulated after 90 days it would start
00:02:51	00:02:54	to be it will start to be released in
00:02:53	00:02:57	the PayPal accounts and then your
00:02:54	00:03:00	finances will look look a bit more
00:02:57	00:03:02	normal or regular right so you're going
00:03:00	00:03:04	to have to learn first this method
00:03:02	00:03:06	directly to turn you've got this problem
00:03:04	00:03:09	and any of you guys who have the same
00:03:06	00:03:12	issue the first thing I would do is call
00:03:09	00:03:14	PayPal and don't stop calling them until
00:03:12	00:03:16	until you get someone that you would a
00:03:14	00:03:17	lot of the guys we just say they can't
00:03:16	00:03:19	do anything they can't do anything you
00:03:17	00:03:21	want to ask for supervisor ask for a
00:03:19	00:03:22	manager and just try to get on to
00:03:21	00:03:25	someone that would that would at least
00:03:22	00:03:27	hear you out once a yeah you out they
00:03:25	00:03:29	will consider doing certain things in my
00:03:27	00:03:31	shorts and in 90 days it might be a 30
00:03:29	00:03:33	day Reserve they might lower the
00:03:31	00:03:34	percentage but it's just about getting
00:03:33	00:03:37	the right person that will help you and
00:03:34	00:03:38	so yeah that is a solution but I just
00:03:37	00:03:42	want to go into a little bit more about
00:03:38	00:03:42	these international dropshippers
00:03:43	00:03:48	international job don't you that you
00:03:46	00:03:52	don't have u.s. eBay and PayPal account
00:03:48	00:03:54	he be already considers you a bit of a
00:03:52	00:03:55	higher risk because they're not
00:03:54	00:03:58	connected to any sort of social security
00:03:55	00:03:59	number that they can hole your credit
00:03:58	00:04:00	accountable for
00:03:59	00:04:02	you kind of debt you you end up in
00:04:00	00:04:04	because of people because of the risk
00:04:02	00:04:06	and that's just something that you have
00:04:04	00:04:08	to deal with and that's one I mean I
00:04:06	00:04:10	feel really bad that darn is going
00:04:08	00:04:14	through this but that's just one of the
00:04:10	00:04:16	the challenges that you want that you
00:04:14	00:04:20	would face as an international drop
00:04:16	00:04:22	shipper the sad thing is what I would
00:04:20	00:04:26	suggest for John darn I'd past $70,000
00:04:22	00:04:28	in sales a month so what I would suggest
00:04:26	00:04:29	is that if you drop shipping
00:04:28	00:04:33	international this sounds
00:04:29	00:04:35	but I would list and go nuts as
00:04:33	00:04:39	far as hard as possible until I get to
00:04:35	00:04:42	like 20% I mean not 20% $200,000 in
00:04:39	00:04:45	sales I'm on and then open another eBay
00:04:42	00:04:47	and PayPal account right you can open
00:04:45	00:04:48	another eBay account so yeah that's my
00:04:47	00:04:50	suggestion for those of you guys who
00:04:48	00:04:53	feel there's some sort of risk involved
00:04:50	00:04:56	and drop shipping again a lot of the
00:04:53	00:05:00	times you would get more of the the
00:04:56	00:05:01	worry or more of the bad experiences
00:05:00	00:05:03	because that's when people tok more and
00:05:01	00:05:05	it's just some of the risks involved and
00:05:03	00:05:07	some of the challenges involved in jobs
00:05:05	00:05:08	should believe it anyway love you guys
00:05:07	00:05:11	child will make them when you subscribe
00:05:08	00:05:14	look in the description free mastermind
00:05:11	00:05:15	group free training and free 100
00:05:14	00:05:17	giveaway you have to be a subscriber to
00:05:15	00:05:20	win the hundred so subscribe
00:05:17	00:05:20	later