Just two days ago I was praising Paypal their services and products. I have been a member for a number of years first personal and then for my home based business.
Well I jinx it, they just sent me an email informing me that effective immediately all payments that I received would be held for 21 days. This they justified saying that after reviewing my account it appeared that I could be a higher risk for refunds to be issues??????????????
There have been no customer's complaints and I have issued maybe 3 refunds in 3 years.
I tell you what this would do to my business. Shot it down!
I FEEL THIS IS ABRUPT AND UNFAIR TO ME. YOU HAVE NO IDEA HOW I TRY TO HAVE A HOME BASED BUSINESS IN THIS HARD TIMES AND ECONOMY.
THE CHANGE GO INTO EFFECT IMMEDIATELY ALLOWING ME NO TIME TO PREPARE OR SEEK AN ALTERNATIVE PLAN,
I CARRY NO INVENTORY; THEREFORE, THE PAYMENTS I RECEIVE I USE IMMEDIATELY TO PURCHASE AND SHIPPED ITEMS AND ORDERS.
IF YOU HOLD THE MONEY THEN THE REFUNDS WOULD INCREASE BECAUSE NO CUSTOMER IS GOING TO WAIT OVER 45 DAYS FOR AN ITEM.
IF THIS HAPPENS THEN YOU WOULD CUT OFF THE ONLY OXYGEN LINE THAT I MILAGROS LISSETTE LOPEZ AND MY FAMILY HAVE AT THIS TIME.
MY BUSINESS WOULD FAIL!
I DO NOT UNDERSTAND THIS SUDDEN ISSUE, I HAVE NO COMPLAINTS FROM ANYBODY. PLEASE RETRACT AND REVERSE THIS PENALTY THAT YOU ARE IMPOSING FOR NO OBVIOUS REASON.
I AM SIMPLY TRYING TO SURVIVE OUT HERE AND DOING SO WITH HONESTY AND DIGNITY. I SELL GOOD QUALITY PRODUCTS AND ART, MY HUSBAND AND CHILD ASSIST AND HOLDING THE INCOME WOULD BE A SHOT DOWN.
THANK YOU
**remove full name**
