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I sold as camera,PayPal put my money on hold for 72 hours and when I finally got it I transfered it to my bank straight away only to be told it would take ANOTHER 72 hrs to get into my bank....PayPal are becoming a nightmare,,i needed my money for my child's Xmas present which I have now being told is getting re sold to another person....
Happened to me as well today. Have been an eBay and PayPal seller for over a decade with no issues. eBay says the hold is not on their end as my account is above standard with no issues. PayPal says its because the transaction looks suspicious on my end because I sold a similar item 2 weeks ago at a different price. The item 2 weeks ago sold for $20 more because it came with an additional accessory that this one doesn't. I tried explaining that to them, and the general nature of auctions and how they dont always end at the same price, and that I've never had a complaint filed against me in the decade + I've been selling. They didnt care. They just just kept saying "This is the way it works. Deliver the item and you'll get your money." It's crap like this that makes me post stuff on Amazon and other sites first before attempting eBay. Selling on eBay is always a last resort for me. After this it will become even more rare if I sell at all.
Why would one be ashamed about the new seller hold that EVERY seller has to go through?
When a buyer pays you its never instant, paypal credit you the funds upfront and paypal takes the wait for the funds to transfer from the buyers funding source.
This is so there is no delay in the despatch of the item and its also why we get buyers on here wondering why their item is on the way but the funds haven't left their bank account yet.
BUT paypal only take that risk to them of crediting you upfront if you have built up a reasonable reputation as a seller.
Otherwise a seller may do xxx amount of auctions and then run off with the funds and not send items and paypal would lose money having to refund those buyers under their seller protection policy.
So would you be happy to 'loan' someone money that you didn't know in the hope that they pay you back? I doubt it so why should Paypal take that risk.
So you are saying that you would be prefer to hand over money to a stranger on the promise that they would pay you back?
Because that is what you are asking paypal to do??
You haven't given any 'advice' you just gave your 'opinion' on the new seller hold.
So again you are saying you are entitled to give an opinion and NOT give advice but I am not allowed to do the same for some weird reason?
When you purchase something online it is NOT always instant, that is why when I buy something from say for eg Amazon it is PENDING on my credit card statement for a few days before it clears. So thats that one out of the way.
As for holding it for a long period of time then if you send trackable you normally get funds released within 3 days of delivery, what is wrong with that?
So my friend personally I was perfectly happy to go through the new seller hold as I knew it was better for buyers to have sellers with a good reputation and they would get their goods and not have to waste times on disputes.