HORRIBLE IDEA TO HOLD FUNDS FOR 21 DAYS!!!

gearhed78
Contributor
Contributor

  Holding funds from sellers until the buyer leaves feedback is the worst idea EVER! Since when does Paypal become an authority on buyer satisfaction?? A smooth transaction is all that I wanted from Paypal. If they are going to hold funds, then they should make it very clear BEFORE you use them!  Keeping my money in their account for 21 days is a HUGE disadvantage of using Paypal. Stick to transferring funds,not trying to be a satisfaction authority!

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nofun
Member
Member

The holding of funds will impact users abilities to keep customers satisfied.  I was not even notified of this action by paypal.  I took a break from selling over the holidays and I come back and MY money in my account is being held.  And now I am begging clients to give positive feedback so I can get my MONEY!!!

Completely unethical, Paypal gets their money and gets to collect interest on all of OUR money they are holding.  This has to be illegal, regardless of what they think..... they are not helping anyone STOP POLICING EBAY SALES!

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asdcompany
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Contributor

I already set up a sellers acct at Wensys.com and am slowly weaning myself from paypal and ebay.

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tloomis999
New Community Member

This is a classic case of a company getting to big to care about its customers. Instead of trying to satisfy each customer, the new motto is "If you don't like it, leave.  There are plenty more suckers out there." I too am a small seller with a perfect feedback rating. I also planned on dropshipping my products after I get paid. No doubt my buyer will be upset with waiting more than 3 weeks to get their product. i will not ship the product until my money is released. There goes my perfect feedback score. I will be ending the rest of my ebay listings early and taking my business elsewhere.

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DBC
Contributor
Contributor

As a single mom trying to make my place as a seller on eBay, Paypal makes that impossible with the 21 day holds.  While eBay encourages us to go with dropshippers, when we do get sales, HOW DO AM I SUPPOSSED TO PAY THE DROPSHPPER AND GET THE ITEM SHIPPED????????  What kind of crap is that!  I have never in my life heard of a financial institution that HOLDS PEOPLES MONEY for 21 days.....................THERE GOES MY SUCCESS RIGHT IN PAYPALS POCKET.      Smiley Mad

 

 

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Arlykat
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@DBC wrote:

As a single mom trying to make my place as a seller on eBay, Paypal makes that impossible with the 21 day holds.  While eBay encourages us to go with dropshippers, when we do get sales, HOW DO AM I SUPPOSSED TO PAY THE DROPSHPPER AND GET THE ITEM SHIPPED????????  What kind of crap is that!  I have never in my life heard of a financial institution that HOLDS PEOPLES MONEY for 21 days.....................THERE GOES MY SUCCESS RIGHT IN PAYPALS POCKET.      Smiley Mad

 

 


 

I've been reading this thread for two days now. I am about to start selling again on eBay after a 6 year hiatus and I have over 3000 positive feedbacks. I am now soooooo discouraged over all of this idiotic and seemingly criminal actions of PayPal collecting interest on all the money it is holding from sellers for such a long time for such stupid reasons. I'm really hoping to find a large list of whatever places people can recommend that I can use to sell on eBay and not use PayPal yet have people pay me by using other places online that wil still be allowed by eBay. I don't have a store or my own credit card system to use. Anyway, I'd appreciate hearing what other people are using. I've only heard mention of google offering something and I'll try to find where and what that is. IN THE MEANTIME, HERE IS A LIST OF LOCATIONS OF PAYPAL AND EBAY HEADQUARTERS.

"On October 3, 2002, PayPal became a wholly owned subsidiary of eBay.[3] Its corporate headquarters are in San Jose, California, United States at eBay's North First Street satellite office campus. The company also has significant operations in Omaha, Nebraska; Scottsdale, Arizona; and Austin, Texas in the U.S., " eBays headquarters are still, I believe, in San Jose, CA.

What I highly suggest is that people sit down and send an email to the Attorney General of California and also in whatever state they live in with a short paragraph about what is happening and these links directly to the thread we are talking on. That link is

 

https://www.paypal-community.com/t5/eBay/PayPal-pending-payment/m-p/16477#M3220. The link to the main community site is

https://www.paypal-community.com/t5/eBay/bd-p/eBay. I am pretty sure the first link brings you right to the beginning of this thread.

Generally, to find the email address of your state's Attorney General you type in your state.gov (i.e. CA.gov) and then search for Attorney General. 90% of the time 's office lists their email address for you to contact them directly. I have found they always get the message and they always respond when you write to them. Let's just all get together and make PayPal even more popular than it is by having each States' highest legal attorney read a little bit more about them that they'll find in the links above. I do hope people act on this, it does take one drop of water to begin a flood and PayPal needs to be flooded by interest of each individual state's Attorney General. Let's do this.

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BigTPoppa
Contributor
Contributor

Can anyone tell me anything about Propay? Is it also owned by EBAY and PAYPAL? Or is it just owned by EBAY. It is the first time I ever saw this method payment today and it asked for certain information I was not comfortable giving.

 

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Djten
Contributor
Contributor

BigTPoppa wrote:    

 

 Can anyone tell me anything about Propay? Is it also owned by EBAY and PAYPAL? Or is it just owned by EBAY. It is the first time I ever saw this method payment today and it asked for certain information I was not comfortable giving.......

_______________________________________________________

    You know the old saying: "When in doubt, don't!"

 

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BigTPoppa
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Djten Stated:

 

You know the old saying: "When in doubt, don't !"

 

 

Well I did a little search and this may be what some have been looking for, and here is a portion of what I have

found, "Click here: pro pay" 

Put this link in your browser and the information given is a method to pay associated with Ebay payments

on auctions. I have not read any further but I am going to now, since it requires you to pay via visa or debit card.

 

As anyone esle used or know of this alternate method for paying for things on an Ebay auction?

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Djten
Contributor
Contributor

  BigTPoppa wrote: 

    Well I did a little search and this may be what some have been looking for, and here is a portion of what I have

found, "Click here: pro pay" .........

   Well, I did click on that link. When I got to where it said to click on at least 3 other reference links for it and I got this:        

      There is a problem with this website's security certificate

   And I have a very good laptop! The idea may have been good but right now it looks like they may be another subsidiary of eBay. And right now I'm a little leary of eBay and anything else having to do with them until they all straighten their act out. By the way, other money transfr systems are Gunpal, Paymate and Google Checkout. Also, long time ago I signed up for ineedhits.com. They submit your website/store to other auction sites. You can go there and you'll be amazed at how many seemingly auction sites ther actually are!! 

     Put this link in your browser and the information given is a method to pay associated with Ebay payments........

_________________________________________________________

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Djten
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Contributor

 Put this link in your browser and the information given is a method to pay associated with Ebay payments........

 

   Sorry. This was supposed t come after "Click here:propay" It just came out that way.

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