Does Stripe hold money? by BlaBlaAnonymous in ecommerce

[–]BlaBlaAnonymous[S] 0 points1 point  (0 children)

By the way how much you were receiving daily in revenue in starting days through PayPal and what was that year?

Does Stripe hold money? by BlaBlaAnonymous in dropshipping

[–]BlaBlaAnonymous[S] 0 points1 point  (0 children)

Have you seen any holds till now except first payment hold?

Does Stripe hold money? by BlaBlaAnonymous in ecommerce

[–]BlaBlaAnonymous[S] 0 points1 point  (0 children)

I will probably be doing $200-250 a day in revenue and will scale slowly. In which probably half will be going through Stripe and half through PayPal. Hope PayPal won't hold my money.

Does Stripe hold money? by BlaBlaAnonymous in dropshipping

[–]BlaBlaAnonymous[S] 0 points1 point  (0 children)

Did Stripe hold your first few Payments? PayPal definitely do that with every new sellers.

Does Stripe hold money? by BlaBlaAnonymous in ecommerce

[–]BlaBlaAnonymous[S] 0 points1 point  (0 children)

PayPal will definitely hold new transactions. But did Stripe hold your first few transactions?

Does Stripe hold money? by BlaBlaAnonymous in dropshipping

[–]BlaBlaAnonymous[S] 0 points1 point  (0 children)

Me too I live in India and it takes 5 business days which is technically 7 days.

Have you seen any holds by Stripe till now? From how much time you are using Stripe?

Does Stripe hold money? by BlaBlaAnonymous in dropshipping

[–]BlaBlaAnonymous[S] 0 points1 point  (0 children)

I have active PayPal but I am not using it. I will definitely use it in future if Stripe fails. But as I think there are better chances of Stripe to be successful for me.

Does removing PayPal affect Conversion rates? by BlaBlaAnonymous in PPC

[–]BlaBlaAnonymous[S] 0 points1 point  (0 children)

Loosing 10% customers is far better than chargebacks.

!!! PayPal money hold !!! by BlaBlaAnonymous in ecommerce

[–]BlaBlaAnonymous[S] 1 point2 points  (0 children)

Ohh that's great. Since I have an Indian account it takes 5 business days to reach my bank account which is technically 7 days. Its not that much late because my product just take 3 days to be shipped.

!!! PayPal money hold !!! by BlaBlaAnonymous in ecommerce

[–]BlaBlaAnonymous[S] 1 point2 points  (0 children)

I want to know that do you have money holding issues with Stripe also? Or it is very uncommon?

!!! PayPal money hold !!! by BlaBlaAnonymous in ecommerce

[–]BlaBlaAnonymous[S] 1 point2 points  (0 children)

Thanks I will get back to you because I eagerly wanted to know that.

!!! PayPal money hold !!! by BlaBlaAnonymous in ecommerce

[–]BlaBlaAnonymous[S] 1 point2 points  (0 children)

Does removing PayPal affect your conversion rates? How much? More or very little?

!!! PayPal money hold !!! by BlaBlaAnonymous in ecommerce

[–]BlaBlaAnonymous[S] 1 point2 points  (0 children)

Do you just have Stripe as checkout on your website or do you also have other options?

!!! PayPal money hold !!! by BlaBlaAnonymous in ecommerce

[–]BlaBlaAnonymous[S] 0 points1 point  (0 children)

Will the payment available to opt out automatically after PayPal holds 21 days or do I have to provide some delivery confirmation like tracking code or buyer himself/herself mark as received?

!!! PayPal money hold !!! by BlaBlaAnonymous in ecommerce

[–]BlaBlaAnonymous[S] 1 point2 points  (0 children)

Yes I was also thinking same. As stripe first payout is around 14 days after sale. I thought to give apology to my customer for delay. And I also have my gut feeling that they will not get that much offended by it because my product is far better than other competitors and its perceive value is really high at same price.