Funds in Paypal

[sallywilliams]

I recently sold some kithen cupboard doors on ebay, the transaction was done usng paypal.  The doors were sold on Friday 9th January and I personally delivered the goods to the buyer on Saturday 10th at 2.00pm.  The funds are pending in my paypal account and the message i am getting is that I cannot get these funds until 30th January, this is outrageous the buyer has the goods but i have no money great!!!!!

Won't be doing this again!!!!!!!

[kernowlass]

That is exactly why ebay allow you to put on your auction "cash payment" for collection items.

Never accept paypal for items that are collected, there is no seller protection and if you are subject to the new seller hold (which you appear to be), then you won't be able to provide a tracking number to get the funds released earlier.

So you list the item cash on collection and if a buyer does pay with paypal you refund them and re-state cash only. That way you get cash in hand when the buyer collects and no paypal fee.

However if you are posting an item then you rarely have to wait the 21 days and the hold does not last that long anyway, only till you build a reasonable reputation as a seller. All in the link below >>

http://sellerupdate.ebay.co.uk/autumn2013/changes-payment-holds

[Metallian73]

I have had the same issue...more than once..I have 100% feedback, never any selling or buying issues or disputes, yet these clowns think they own my money for 21 days, after they've taken their whack instantly of course, before casting judgement on me, as to whether or not I am trustworthy..even though the customer got their item, faster than expected as I upgraded the shipping upon request, to ensure they received it for Xmas, I provided tracking, & received positive feedback..this should qualify me for release of funds within 24hrs apparently, but no..here I am over 2weeks later, still waiting..I was selling to raise money for Xmas present buying myself, but hey..so long as Paypal get theirs eh..oh, & I just received my 10% eBay invoice for the sale haha! Priceless..the faceless tyranny continues..needs a major regulation overhaul...boycott Paypal until this is changed I say..I'm choosing other methods from here on in..I had hoped to provide Paypal as a service for a future business venture too, but how the **bleep** could you manage cash flow with this insanity???? Very very poor Paypal...you should be ashamed of your lee by ways..