RE: More reasons to believe in decentralized cryptocurrency: Revealing PayPal´s incredible fund retention policy for business clients [a true story]
stripe is everywhere, and they definitely have a strong presence in EU countries. Theyre strictly credit card acceptance (though they do now have a btc plugin), but for most businesses they settle in 2 days with money in your bank account.
Also, they do all the PCI, so you don't have to worry about taking or storing your customers credit card info. You just plug a little javascript checkout button into your website and presto.
Its tough to know what the anomaly was... it might have been your monthly volume. It might have been a single customer that sent you money then did something bad later. It might have been a single customer that sent you money that came from someone else who sent him money that did something bad. Its very easy to get paypal pissed at you. And in fact, youre pretty lucky. Typically, that email says you get the first 500 bucks immediately, and have to wait for the rest. I can only assume that you have significant volume to justify a 25K limit.
That sounds very interesting to me! I´ll definitely check out stripe, though. Thank you for the tip!!!
The volume is fine, that´s actually not the problem :) Even though I am willing to ensure not losing too much of it paying unnecessary fees to a service that isn´t really a service. Plus: I only work with pre-payment, which means that no package is sent before having registered my client´s money. Therefore I need a quick handling. Besides PayPal I have a regular bank account. SEPA transactions of clients which are done by Friday usually cannot be displayed on my account before Tuesday of the following week. That´s crazy but our current financial world...