Forum Faucet Wave   →   Members   →   General Discussion   →   PayPal?

PayPal?

Started by teamcash Nov 15th, 2023 at 11:58
teamcash
Standard
Posts: 5
Nov 15th, 2023 at 11:58

Hello any news when PayPal will be reinstated? Many members like myself we don't use cryptocurrencies and only have PayPal that's why I'm asking.     Thank you very much!

cryptoteambuild
Moderator
Standard
Posts: 97
Received: $0
Balance: $536.642625
Referrals: 88
Nov 15th, 2023 at 17:01

Unfortunately, we were getting about 2 or 3 withdrawal requests per day from members with balances like $1.50 or so that were requesting PayPal.  That resulted in the balance owed being a negative amount once the fees were assessed.

It is impossible for us to pay someone with PayPal without accounting for the currency conversion fees and any merchant fees associated with the transaction.  As a result, we decided to suspend using PayPal at this time except for funding your account.

Because members do not read the disclaimers at withdrawal time and pay attention to the fact that the withdrawal they were requesting would result in a negative amount, we just decided to disable it until there is a better solution to prevent that behavior.

We are sorry for the inconvenience and can hopefully re-enable it at some point.

 

teamcash
Standard
Posts: 5
Nov 15th, 2023 at 17:40

Ok Adm I understand, I hope all will be in order very soon. Thank you very much!

codger
Standard
Posts: 1
Received: $0
Balance: $8.34535
Referrals: 36
Dec 06th, 2023 at 07:41

hi

Mart19799
Standard
Posts: 3
Dec 06th, 2023 at 09:32

Great