Stealth Business Paypal
New Paypal Business Stealth Account – Aspkin
02-22-2019
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I’ve just opened a New Paypal business Stealth account following all the procedures of Stealth. I have a valid EIN Number and entered it into Paypal during setup. The account is opened now but in my Notifications it says “Please provide documents that confirm your business identity”
I’ve never had to do this with any of my past business accounts?? What do I do? The EIN doesn’t match the Stealth Name or Address on the account?
Thank you so much for any info you can give me.
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Also, the account is not limited. I just made the account so it’s brand new and asking for this info.
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Activity: 77% Longevity: 40% iTrader: (2) Re: New Paypal Business Stealth Account
There’s no such thing as a stealth business account. The account loses it’s “stealth” status when you give Paypal an EIN. There’s nothing stealthy about having a tax ID on an account which is tied directly to yourself.
Others have posted about this too recently. They’re probably tightening security around business accounts as they roll out the “claim it” feature.
Anyway, I don’t know what you can do at this point. But the next time you make an account you’re planning to turn into a business account, just use real information so you’re able to submit docs when they ask. A business account created with an EIN wouldn’t be linked back to any of your old personal accounts.
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Originally Posted by phaz0rz There’s no such thing as a stealth business account. There’s nothing stealthy about having a tax ID on an account which is tied directly to yourself.
Thank you!! I was thinking about getting “creative” since I really don’t have much to lose?
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Originally Posted by toofun Thank you!! I was thinking about getting “creative” since I really don’t have much to lose? Might as well..
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Does this go for LLC as well?
02-23-2019
Originally Posted by phaz0rz the next time you make an account you’re planning to turn into a business account, just use real information so you’re able to submit docs when they ask. A business account created with an EIN wouldn’t be linked back to any of your old personal accounts. When you say use real information when creating my next business account… I can use my name and address even if I’m perm limited with paypal and it won’t be linked back to my personal account?
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For the future, I do not recommend opening a Business account straight away, open a personal account and get a good few sales through it and when you reach either $15, 000 or 160 sales convert he account before they ask for SSN information.
If there is chargebacks or issues on the PayPal account it will convert with no need to give the information they are asking for as you have proved yourself.
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Does this Info apply if you’re using an LLC?
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Originally Posted by degsey69 For the future, I do not recommend opening a Business account straight away, open a personal account and get a good few sales through it and when you reach either $15, 000 or 160 sales convert he account before they ask for SSN information.
Well that sounds great BUT I opened a regular acct and selling $56 they asked for my tax ID, yes $56 in 3 months. Selling generic items. So I logged on and got an EIN and the minute I uploaded they asked for business info including utility bill to the address listed on paypal. Thank goodness I did not have a bank acct attached or would have burned that. Too much effort to claim my $56 so I just ignored everything and moved on.
3 Weeks Ago
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Activity: 1% Longevity: 2% iTrader: (0) Re: New Paypal Business Stealth Account
In such cases, it is better to have a financial adviser. A specialist, in this case, will help you distribute finances correctly and scatter them across several accounts so that you don’t have any problems. I just had issues with PayPal. Since money was constantly coming to my card, it always aroused suspicion from the bank. Bank employees called me periodically to find out why such amounts of money come to my account. It’s clear that this was annoying, and that’s why I asked for help from The financial consultant helped me to scatter certain amounts of money to different accounts.
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What is a PayPal Stealth Account? – PureVPN Blog
Before we jump to what’s a PayPal stealth account, it’s important to understand what a stealth account is and how it works.
What is a Stealth Account?
Stealth accounts are quite different from genuinely connected accounts. Essentially, it’s an account made using an alias and otherwise different information than your own. Stealth accounts are managed with separate IP addresses, different names, and distinct details.
The reason you would create a stealth account would likely be because you might have faced a restriction or suspension of your original account.
What is a PayPal Stealth Account?
PayPal is the most widely accepted online payment method across the globe. However, PayPal is unavailable in several countries, making it a massive problem for many, especially freelancers.
Due to this issue, many people rely on stealth accounts, whether it’s for PayPal or eBay, as it helps them continue to offer services and receive payments on their PayPal account, which otherwise wouldn’t be possible.
PayPal stealth accounts are accounts that are not linked to your original credit card or original bank account. These PayPal stealth accounts are under different names and can be accessed via an IP address of a country/location from where they are registered. They are also verified by a virtual bank account and a virtual Visa card.
PayPal stealth accounts enable you to have a PayPal account, which would be impossible if you’re living in a region where PayPal is unavailable.
How to Create a PayPal Stealth Account
To create a PayPal stealth account, you’ll need the following:
A USA IP – You’ll need a USA VPN and connect to a location within the US.
A bogus name and an address based in the USA
A US-based virtual mobile number for verification
A US-based virtual Visa card for verification
A US-based virtual bank account for verification
Why Get a PayPal Stealth Account?
You might get a PayPal stealth account to have a backup plan in case your primary PayPal account gets suspended. If for any reason, your account goes down, you could have your revenue stream come to a halt.
A stealth account ensures that you have a backup account up and running whenever your primary account is unavailable. If you’re setting up a stealth account, make sure you access it with a dedicated IP VPN.
Accessing stealth accounts with a dedicated IP makes more sense as you’ll be the only person who has that particular IP address, meaning more security and online anonymity. Since stealth accounts operate as any normal online account, meaning they involve monetary transactions, you should access and conduct transactions using a VPN service for online privacy and security.
Using a dedicated IP VPN for your banking accounts will provide you with supreme encryption that keeps your transactions private from prying eyes. At the same time, you can access the accounts whether you’re traveling local or international without being locked out.
illegal use of PayPal account
New Community Member
Posted on
Feb-12-2017
06:29 AM
how does one report someone using a personal PayPal account for a business, I thought this was against paypal policies?
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@peppyboyThere is no such thing as a personal account anymore, paypal ”merged” personal and premier accounts so everyone either has a personal / premier or a business are perfectly allowed to sell on a personal / premier account.
Advice is / Solution appreciated.
Oh ok so is it legal to use your paypal account to cashrape people??
@peppyboyI’ve answered the question you asked in your opening
does anyone know how to report people using paypal for illegal acitivities such as dipping? its against paypal terms and conditions
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Frequently Asked Questions about stealth business paypal
What is a stealth PayPal account?
PayPal stealth accounts are accounts that are not linked to your original credit card or original bank account. … They are also verified by a virtual bank account and a virtual Visa card.Jul 6, 2020
Is using personal PayPal for business illegal?
There is no such thing as a personal account anymore, paypal ”merged” personal and premier accounts so everyone either has a personal / premier or a business account. They are perfectly allowed to sell on a personal / premier account.Feb 12, 2017
Does business PayPal hide your name?
You can hide your real name by setting up a PayPal business account with your pen name as the name of your business. You still have to tell PayPal your real name, but customers will only see your business name. … If you’re already logged in to your personal PayPal account, sign out first.Sep 26, 2017
