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Ebay and Paypal are 2 separate companies and have 2 separate policies for holding funds for 'new sellers'.
If yours was an Ebay transaction then its an Ebay hold and Ebay authorise when paypal can release the funds.
Feedback does not count for payment release.
Normally for Ebays hold funds are released when tracking shows the item as delivered + 1 days (if you use Ebay / paypal postage).
Info in this Ebay link below about Ebays hold.
My first buyer collected in person, therefore is the money still held for 21 days as I won't be able to evidence buyers receipt of the goods?
you will beable to provide proof of received good if the buyer leave you feedback, (witch should be enough to show they have the goods and are happy) therefor the money should be released.. *as i see it anyways, tho im nothing to do with paypal just posting on a few well here checking my own questions*
The part that gets me is holding the shipping cost. So i could be out of pocket for hundreds of dollars at a time and no recourse whatsoever to get my money back. That's a bad system.
Registered on eBay for 13 years, sold hundreds items before, but not sell anything for awhile
100% positive feedback
Suddenly my ebay' sells got hold for 21 days.
No money is my account, PayPal and eBay still charges fee,
I don't want deal this situation and click the refund, but ebay still charged my fees.
They are not held for 21 days ....that is only if you don't mark the item despatched etc.
It only lasts for 20 transactions and if you have not sold for ages then yes they consider you a new seller again....I had to go through it twice as well.....but didn't bother me as didn't last for long.
If you are refering to me then no I have no legal right at all to hold your money.
But then that is because I have NOTHING to do with paypal.
But paypal does have a legal right and you agreed to the hold when you opened your paypal account and signed up to the user agreement.
PLUS paypals user agreement was approved by the FSA in the UK.
But if you don't agree with it then why not just close your paypal account, no one is forcing anyone to use one.