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Money on hold

Huntervalley100
Contributor

Money on hold

So how do I get my money released. We used pay pal to request money from a buyer that brought my sons KTM. She in turn created an account and transferred said money to me as requested. This was all done on the day that they came to inspect and brought the bike as they were happy with it. This was on Sunday afternoon. The bike is gone and I still can't access the money as its on hold. Come on mate this is getting ridiculous
1 REPLY 1
kernowlass
Esteemed Advisor

Re: Money on hold

@Huntervalley100 

 

New seller hold as per link.

 

https://www.paypal.com/au/smarthelp/article/why-is-my-payment-on-hold-and-when-will-it-be-available-...

 

Personally I think you should never use Paypal for an item that is to be collected or personally delivered as you have 0 seller protection.

Your buyer can collect the item and then file a dispute for non receipt of item. As you would have no tracking number to prove delivery of the item to him then you 'may' lose the dispute.

That way you have cash in hand / no wait / no fee / no risk of a dispute.



Advice is voluntary.
Kudos / Solution appreciated.