Why holding funds is necessary?
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Paypal started holding funds because they were paying out buyer claims from their own pocket.
Some sellers were sending nothing or just junk, clear out their Paypal account.
Buyer would file a Paypal claim, and since the sellers account was emptied Paypal paid out under their protection plan.
Now buyers with less that 100 feedback, or low DSR's have the funds held up to 21 days. The holds can bereleased earlier if the buyer leaves feedback OR the tracking shows delivery
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That is NOT true! I have 100% feedback,1400 pts and DSR above 4.5 and they still held my
funds and if you read other posts so did a lot of other people!
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@madjen wrote:That is NOT true! I have 100% feedback,1400 pts and DSR above 4.5 and they still held my
funds and if you read other posts so did a lot of other people!
What were you selling. If you are selling in certain categories, the holds may apply.
Here are some reasons we might hold your payment:
If you've been an eBay member for less than 6 months, and haven't sold very much on eBay yet
If you've a Feedback score of less than 100, and don't have a record of good performance
If you've a buyer dissatisfaction percentage* of 5% or greater
If your average detailed seller rating (DSR) is less than 4.5
If you've received fewer than 20 detailed seller ratings in the last 12 months
If your item is in a high-risk category, such as gift certificates, video games, cell phones, computers, or consumer electronics
If there's an open dispute or claim on the transaction
*Buyer dissatisfaction percentage is measured by calculating negative events as a percentage of your transactions. Negative events include negative and neutral Feedback, Detailed seller ratings of 2 or lower, and disputes for items not received or significantly not as described.
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Like I said before, NONE of that applied to me, I read that already.
They are NOT following their own rules and I just received a email
from paypal saying that 'because of my good ratings,blah,blah,
blah, they have released the hold on my account. That I don't believe
either! I think the reason is because I have not used ebay since they
did that to me and their are many others that are protesting in this
way. It works!
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I am definitely cancelling my paypal and my ebay account for this. I have never had this problem before. I have three ebay and paypal accounts. Ebay is like a second job to me and prompt payment on my listings is a must. I have bills to pay. This is extremely unfortunate but i cant wait this long for whats rightfully mine. After I receive the money from them I am through.
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Nine dollars to you is 2 weeks pay to someone in China and Chinese sellers can register on US sites.
Paypal has no way of knowing if you're legitimate or not, so every new seller gets frozen.
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What all the complainers here are forgetting is that witholding money is standard operating practice in merchant banking.
If you sign up to take credit card payments yourself, it's the usual practice for the banks to withold payments to your account, depending how THEY SEE the risks of fraud and mistake.
Paypal is just following the pack, that's all.
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Pay no attention to Surplus Deal Dude!! He is condescending and counter productive.
The rest of us know what is really going on with this B.S. from ePal!!

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