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NEW SELLER ON EBAY ! HOW LONG WILL PAYPAL HOLD MY FUNDS FOR ?

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Contributor

Re: NEW SELLER ON EBAY ! HOW LONG WILL PAYPAL HOLD MY FUNDS FOR ?

It wasn’t on eBay btw the feedback help release the money held now it’s all good. Thanks for the reply. 🙂
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Member

Re: NEW SELLER ON EBAY ! HOW LONG WILL PAYPAL HOLD MY FUNDS FOR ?

And all the while these millions in held money are floating somewhere generating interest that then is shared between these 2 monsters ebay and paypal, I also want my share of interest accrued over 21 days on the amount of £111, lost deals and wont be able to get what I wanted for my 36th, no disclaimers or warnings were given to me regarding this happening when I listed my 2 items. I WILL NOT BE USING EBAY DIRECTLY ANYMORE
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Re: NEW SELLER ON EBAY ! HOW LONG WILL PAYPAL HOLD MY FUNDS FOR ?

This is NOT a solution - but does seem to accurately review and convey what they're getting away with on new / slow sellers - and especially transactions on normal buy/sell context - anything over $750 - the policy states it is in place to protect the sellers.

 

NOTE: Your Seller Agreement, as does PayPal's notes / posts for help - on eBay transactions - or ANY sales transactions - do NOT EVERY SHIP BEFORE GETTING PAID.

 

As of the date of my post, eBay had in escrow - and investment accounts via PayPal - over 14,000 registered new / rare seller's monies - in which - under FOIA (Freedom of Information Act) - we were able to confirm - an account that is high investment - earning a large amount of investment monies - on the money invested.

 

WHAT AN EXCELLENT RIP OFF TACTIC BY ANY MERCHANT IN THE UNITED STATES. You must admit... It is GENIUS !!! - but highly unethical - if not yet nefarious / illegal.

 

STILL - BE FOR WARDED-DO NOT EVERY - ship your merchandise before getting paid. This HOLD on your money - makes them money - and I lost over $6,000 in vintage stereo sales where this final non-receipt complaint resulted in PayPal refunding the sale - EVEN AFTER - I provided the tracking number, and literal current location of the package - which both times - UPS NOTED: THey're waiting on the package to be retrieved in Customs - because the Shipper (UPS) - does not deliver to such a remote location in that region. In both cases, I had signed confirmation of this - but disregarding the facts, PayPal had to honor the issue at hand: THere was a non-receipt of receiving the package - even though the buyer KNEW they had to pick it up - they filed this. In fairness to all - PayPal did refund - and in 12 hours of that notification - each seller got to Customs and snatched up their packages. On the 3rd event, working with Customs - the buyer was caught, charged, and in France, sentenced to 3 years in prison for the fraud. Now - 13 years later - eBay has a NEW POLICY? Just be very careful sellers, this policy is making PayPal - subsequently FLEE BAY - 10's of 1,000's every 7 business days - in INTEREST PAYMENTS - on YOUR MONEY - they say you have been paid - but never see - unless - UNLESS - you're willing to ship over a grand worth of stuff before getting paid. This is nefarious beyond words... Sorry - it is, what it is....

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Member

Re: NEW SELLER ON EBAY ! HOW LONG WILL PAYPAL HOLD MY FUNDS FOR ?

It's happening to me now and I'm not a new seller! I just haven't sold anything on ebay for a while. But I have a 100% positive feedback. I have 2 payments on hold. Ridiculous.
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Member

Re: NEW SELLER ON EBAY ! HOW LONG WILL PAYPAL HOLD MY FUNDS FOR ?

I sold an engine to someone. They sent money through PayPal. There’s a hold. He sent feedback and show me the text which shows paypal asking him if he sent the money to me. He text back yes. And it said they marked the transaction as authorized. When should I expect the hold to come off?
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Contributor

Re: NEW SELLER ON EBAY ! HOW LONG WILL PAYPAL HOLD MY FUNDS FOR ?

Hi There,

 

Keep In Mind This Is Only Temporarily! Once You Have Sold More Than 25 Items & Have Made More Than $250 On eBay You Will Then Be Taken Out of That Pending Program & You Will Receive Your Funds Instantly If You Have Immediate Payment On Your Sales On eBay. As For Now, This Is Just To Make Sure You Develop A Good Selling History On eBay & Become A Good Seller On eBay. Hope You Understand & I Helped As Well. Thank you!

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Member

Re: NEW SELLER ON EBAY ! HOW LONG WILL PAYPAL HOLD MY FUNDS FOR ?

Not so, you also have to meet the 90 day criteria and have good sales and good feedback.
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Re: NEW SELLER ON EBAY ! HOW LONG WILL PAYPAL HOLD MY FUNDS FOR ?

Once again...this is not true.  I've made well over 25 sales (98 to be exact) on Ebay, to the tune of $2304, and Paypal is still placing a hold on my funds. Feedback score is 100% with 34 actual feedbacks and DSR score of 33 (out of 34).  Been selling for over 4 months now.   It appears to me that Paypal's decision is arbitrary...and lacks any consistency.  What criteria they use appears only to be determined in what way the wind is blowing on a particular day.

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New Community Member

Re: NEW SELLER ON EBAY ! HOW LONG WILL PAYPAL HOLD MY FUNDS FOR ?

Yea but this is **bleep**ing paypal not ebay
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Member

Re: NEW SELLER ON EBAY ! HOW LONG WILL PAYPAL HOLD MY FUNDS FOR ?

So ebay is not for the casual random seller that has too much clutter at home and wants to make a few quid? Everyone that lists to sell has to make a business out of it?? ADMIT that this is a nice crafty easy way of making extra money under the cover of "costumer protection" I dont want to accrue 200 transactions and have 10000000000% feedback, what I will do is not use ebay for selling again, as a new starter to this, it has put me into debt with family because I had to borrow £££ to be able to post a listing.