PTCBOX’s Paypal account is limited
It’s been a long since our latest entry and the news are not that good for the PTCBOX members. The first weird incident happened a couple of days ago when we tried to request a payment but out of surprise the system informed us that our account was being monitored for security reasons. After the unexpected incident we witnessed, a forum discussion at PTCBOX’s forum brought us more skepticism regarding the situation and the good stand of PTCBOX. PTCBOX’s paypal is blocked as you can see on the screenshot we took for you and it is confirmed by other bloggers as a true fact. The users are very nervous because of the admin’s absence since the very first time and the speculation have being going on and on. For the time being, we are not moving the current site from our recommended listing, however we are giving a notice of a hold on warning expecting from our reader to wait before a proper update is given. The entry is about to be updated soon depending on the news we shall be receiving.
Update, September 29, 2012: Perhaps it is the first time that we publish a payment proof since March though it is necessary for our report. Right now, withdrawals are open via Payza as we checked and get paid successfully the small amount we had request for testing the system. We wonder for how long yet.
Update, September 30, 2012: Finally admins appeared and with a short yet convincing announcement put an end to the speculation. PTCBOX could not even celebrate its first anniversary. MatrixMails’ future has not been specified however the sister site should be affected by all that.
Unfortunately, PtcBox’s Paypal account has recently been limited by Paypal.
Paypal is the biggest payment processor and nearly all of the sales and payments are processed through Paypal. With the huge volume which PtcBox has reached, it will not be possible to survive, even for a short time. If we can not get our account back, PtcBox will eventually turn into a “ghost” web site and it will be remembered as a scam. Although it is still possible to get the account activated, the chances are low so instead of giving hope, we will have to accept the worst case scenario and make 3 very important calls regarding this matter before it’s too late.
FIRST: As you know, once Paypal blocks an account, they will keep the balance for 6 months and then release it after 6 months. But 6 months is a very long time for PTC sites and who cares about money if PtcBox dies by then? This may come across as strange but we are calling everyone to open a dispute for us. Once again, please “OPEN A DISPUTE FOR ALL OF YOUR PURCHASES THROUGH PAYPAL”. We can not withdraw the money but if you open a dispute they HAVE TO refund the money to customers even if we fail to reactivate the account. In this way at least the money will not stay in Paypal’s bank account, and it will return to the members’ accounts.
You can place a statement such as “Because the merchant’s account has been limited, I want my money to be refunded” or alternative statements that come to the same effect.
SECOND: As of today, we’ve temporarily stopped selling advertisements and memberships.
THIRD: Do NOT promote your PtcBox referral links at other sites with “PAID ADVERTISEMENTS”. Please do NOT spend any money to promote your referral links in any case. But if you have links which you don’t have to pay money for, you can keep promoting your links.