Hope you have a wonderful beginning for this week!
We have great news to share. The 180 days Paypal “freeze” of our funds have ended yesterday (4th July 2016) and we have initiated the process of funds release from Paypal today.
We are so exciting to share that 50% of our frozen funds were allowed to withdraw today and we have placed the withdrawal request to our bank account and it will take about 10 days for the funds to arrive in our bank account.
All of our good wishes have worked amazingly and we are very pleased at this outcome. So, 50% funds will arrive in our bank in the next 10 days.
The other 50% funds were in “withheld” reserves section (Paypal placed 50% in reserves section in Dec 2015 which will be used to settle any possible disputes/claims) and Paypal told that they need the approval from one of their Teams to release them to the “Available funds” so that we can withdraw the same to our bank account. They have not given any time frame yet but told that they escalated the same to the concerned team. So, once the team approves those funds to be moved to the “Available Funds”, then we can be able to withdraw the same too. From the date that we submit the withdrawal request, it will take 10 more days max for the funds to reach our bank account.
So, it is some more days to fully receive the funds in our bank account. Once, we receive all the funds in our bank account, we will unfreeze the paypal re-purchase balances so that you can make the purchases and start withdrawing the earnings using your other preferred payment processors.
You have been very supportive for the last 180 days and we thank you a lot for the same. So, let us all wait for few more days to get the money out of Paypal so that we can gear Up and move forward.
We are extremely happy to see this development and very positive for the full release of funds soon so that all the members who have been waiting for the Paypal funds can resume their business with MPA. We will update you the progress as it develops. Tomorrow is a public holiday and hence we may hear from them something either on Thursday or Friday regarding the reserve funds.
Continue to build your accounts, get the traffic to your programs, enjoy the revenue sharing rewards and recommend it to the people who are looking for such opportunities. Have a blessed day ahead!
With Best Regards,
MPA Admin Team
PS: We did not mention any other updates in this bulletin as we want this to be exclusively about Paypal funds. We will write to you about some other updates in the meantime.