@7yearseller wrote:
@SirTinLee wrote:
Ok, let's face it, no matter how much we complain, PayPal is not going to stop their 21 day hold policy. The complaining has gone on for more than a year from what I have read. Many may not agree, but PayPal has a right to institute policy they believe will protect or enrich the business. My problem is that they do not offer a simple means for sellers to have the 21 day hold lifted when waranted. Right now, PayPal's answer to the many compalints is basically - if you don't like it, don't use PayPal - and although their are other money transmitters, PayPal is the most popular and directly associated with eBay. It does not seem to be beneficial for any of us to just stop using PayPal. However, it would seem to be very beneficial to stop selling on eBay until PayPal makes it easier to for us to have money released prior to the 21 day hold when warranted. By joining together and not selling on ebay, we can hit both ebay and PayPal in the pockets. eBay and PayPal need sellers just as much as they need buyers, there are other popular sites to sell on and alternatives to Paypal if need be. Of course, for this to work, we need numbers and some of the big sellers to be effective. Let's start with those being effected now. If all you are going to do is complain, then don't expect relief, they have a business to run and believe their policy is vital to their properity regardless of how it effects you. So, if you want to stop crying and start doing something about this issue, speak up and let it be known how many are on board? A simle "yes" in response to this idea will be sufficient.
You are going to lose more money by not selling on eBay than if you just accept the hold and continue selling. I know from experience, things just hang around on other sales sites for months, so if you can afford that, then why can't you wait for your funds? It isn't a lifetime, and if it truly is 21 days like I keep seeing (when this is the maximum time, not written in stone as the hold time) then in 22 days, does it not stand to reason, your monies will have come full circle and you will begin seeing monies released daily? So you have a bit of money invested, it is nowhere near what you would have invested in a brick and mortar store if eBay had not come along and made such a presence, if we did not have the resources of a site like this. EBay is the first selling site that comes to peoples minds when they think of buying on the Internet on a site like this. There are not enough sellers who are on here complaining about funds held that if they did stop selling it would ever make a dent in eBay.
Why can't people just look at the economy, the situation our government is in and understand that all businesses are being affected by this slow economy and thus come out of the woodwork the sellers who never intend to ship who leav Paypal left to pay the buyer and know that is why they have to confirm the item was shipped and that it was the item actually ordered? No one wants to wait, but better to wait than not to have eBay or Paypal at all.
Very nicely said, sevenyearseller, PayPal should make you one of their spokesmen. You have definitely raised some good points; however, waiting 21 days or whatever for payment, places a hardship on smaller sellers that are thrilled to be able to sell one item a month. You must be one of the larger sellers who, once the release time sets in, will receive continuous payments. Another important factor you seem to overlook is PayPal's selective enforcement of this 21 day hold policy. It was placed on me because I listed seven low cost items within a two day time period. Now you mention sellers that never intend to ship and leave PayPal to pay the buyer. That sounds good, but how often do you hear about something like that? And if that's the reasoon PayPal is enforcing this policy, that seems kind of slanderous because there is no reason to believe that I or anyone else is a theif. You also missed my most important statement; "
My problem is that they do not offer a simple means for sellers to have the 21 day hold lifted when waranted."
Like you, PayPal overlooks the real issue presented to them, and then buyers and sellers come to places like these forums to seek redress from what they believe to be unfair or to vent their dissatisfaction. I believe this issue should be taken a step further because the manner in which PayPal is acting towards sellers is unconscionable. Maybe when it happens to you, you will feel differently. As for there not being enough complaining sellers to make an impact, I have commitments from 4 larger sellers of over 45,000 sales each that are willing to help the greater cause. No one intends to leave eBay, none of us are ignorant and as far as loosing money, that, like you said, is temporary and on an indiviual basis, it is nothing compared to what eBay and PayPal will lose.
