21 day hold is criminal

[ricshaw50]

the 21 day hold is not only ridiculous but borders on criminal. I am 10 year member and paybe I get feedback 50% of the time from my buyers. To make us wait 21 days is simply a way for paypal to reinvest our monies and make a great profit. All ebay sellers need to put pressure on ebay since it owns paypal. I spoke to ebay and demanded I allow money orders as payment option and was given the canned answer no. Where is it make sense to continue with paypal because ebay owns them. Sellers unite and continue to put pressure on ebay. This is madness and needs to be appealed immediately.

[jlpom]

I'm sure that Paypal has already anticipated the loss of a lot of business as a result of this policy.  The people paid to make these decisions are fairly competent. It is my opinion that they either no longer wish to service Ebay, or they are in financial trouble (i.e... Law suit).

They obviously need to hold on to the seller's funds in hopes of keeping their heads above water. Regardless, the best way to vote is with your feet. Walk away. It was good while it lasted.

[jlpom]

I'm sure that Paypal has already anticipated the loss of a lot of business as a result of this policy.  The people paid to make these decisions are fairly competent. It is my opinion that they either no longer wish to service Ebay, or they are in financial trouble (i.e... Law suit).

They obviously need to hold on to the seller's funds in hopes of keeping their heads above water. Regardless, the best way to vote is with your feet. Walk away. It was good while it lasted.

[bgraves]

It is criminal! I agree! Paypal has lost me as a customer. Today was 21 days. For 21 days they have earned interest off of MY money! They finally made my funds available today, and I withdrew them. Now it's going to take 3-5 days to hit my bank account!!! They are going to make interest off of my money for another 3-5 days! Criminal!!! I'm furious!!! I will tell everyone I know what Paypal has done!

[chevy92]

Paypal said they would release my money once they verify the product made it or when my buyer left feedback. Well my buy left positive feedback and I still have not had my funds released. This is utter BS and really ticks me off that my buyers can enjoy the product I sold them and I dont get to enjoy my money until 21 days later.  And the fact that we can't even spend the money on ebay til its clears through either you would think they would at least let you do that. I am very upset and not satisfied with paypal at all.