HORRIBLE IDEA TO HOLD FUNDS FOR 21 DAYS!!!

gearhed78
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  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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Arlykat
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@femsol wrote:

@paul wrote:

CAN ANYONE OUT THERE IN LALA LAND ACTUALLY COMPUTE OR COMPREHEND WHY PAY-PAL HAS A 21DAY HOLD POLICY?FIRST OF ALL THEY ARE GOOD AT WHAT THEY DO IN THE FRAUD DETECTION DEPARTMENT.AND PAYPAL LOST HUNDREDS OF THOUSANDS ON THIS DIRTY GAME PEOPLE PLAY AND THE MAJORITY OF US DO PLAY BY THE RULES AND PAY-PAL IS AWARE OF THIS IMPORTANT FACT.DOES ANYONE READING THIS TOPIC AT THIS MOMENT PRACTICE FRAUD IN ONE FORM OR ANOTHER?THEN WHY SHOULD YOU HAVE A RIGHT TO COMPLAIN?I SAY THAT PAY-PAL IS A BENIFIT AND YOU WHO HAVE YOUR BIGSHOT CLASS ACTION SUITS SHOULD OPEN YOUR EYES FOR ONCE AND SEE THIS COMPANIES SIDE AND YOU TRY RUNNING PAY-PAL AND THATS FOR THOSE OF YOU WHO MIGHT BE ABLE TO AND SEE HOW YOU WOULD RESPOND TO FRAUD.I AM NOT AN EMPLOYEE AND EACH DAY I SEE ALL THE WHINING FROM PEOPLE THAT ARE SO IN THE DARK THAT THEY FAIL TO REALIZE THAT E-BAY AND PAY-PAL ARE ONE COMPANY SO WHAT GIVES A PERSON THE AUTHORITY TO POST A TOPIC BASED ON INFORMED FACTS AND NOT MAKE MISTATMENTS OR WEAK ASSUMPTIVE ACUSATIONS AND WHO IS GOING TO WIN THE CLASS ACTION SUITS THAT PEOPLE INITIATED WITH THAT KIND OF THINKING?NOT ANYONE DESCRIBED HERE AND KUDO'S TO THE HONORABLE PAY-PAL


Paul your ignorance and reasoning continues to astound me.  I think you might have more fun in Washington with the teabaggers and rallying against health care reform with incendiary remarks and name calling. My question to you is do you have a life?  Why are you wasting your time by your own admission reading these whining posts everyday? Talk about mistatements or weak assumptive accusations--I have yet to see you post one single independent link to support your position that PayPal is honorable. You just seem to spew rhetoric and bad rhetoric at that.

 

These forums should be a place where people can come looking for help and advice or whine if they want but not attacked for their lack of knowledge as many are new  sellers.  A majority of sellers have been active for years and were active on eBay when PayPal went from an independent company that was just one of the payment options that we could offer on our eBay listings to becoming part of eBay and things gradually changed.

 

Who are you to sit back and judge others while offering no concrete advice.  Get a life please. I read these in the morning, post if I have something to add and will point out the useless rantings of people like you and hope you go away. if you have nothing substantial to say or whine about--you are reverse whining and it is tedious.

 

BTW what makes you think you are so superior and knowledgeable of the law that you can criticize and determine that a class action cannot be filed--JUST BECAUSE YOU KNOW HOW TO USE THE CAP LOCK BUTTON?   From Wikipedia "The proposed class must consist of a group of individuals or business entities that have suffered a common injury or injuries. Typically these cases result from an action on the part of a business or a particular product defect or policy that applied to all proposed class members in a uniform manner"  Seems to me that everyone who has had their funds held even after complying with the so called requirements for eBay/PayPal is part of the "class". Oh and in case you are not aware the class action suit will be filed against eBay as the parent company of PayPal.

Here is an idea why don't you call one of the class action firms and tell them they are wasting their time--I know they would love to hear from you.

 

Suggest strongly you click on this link but I realize you are of the mindset of negativity and denial. I hope others on this forum will just start ignoring anything you feel you have to say. http://lmgtfy.com/?q=filing+a+class+action  

 Have a good day.


 

Oh Paul, we certainly have very different opinions regarding PayPal and what's going on.  Paul, do you wear a blindfold?  Oh my my.  I'm going to send to you what I wrote earlier regarding my personal feelings about what's happening with eBay and PayPal.  I'm not a big shot, Paul, I'm someone who is trying to eek out a life in these very difficult financial times.  I hope, but doubt, that you will undersand people like myself who have a difference of opinion with you on this topic.  Take care.

 

Thanks for the info Femsol.  I will get in touch with the people you mentioned.  Regarding your getting "slammed for supporting this class action" statement you made, I'm sorry that happened to you.  I'll appologize on behalf of people who aren't really all that certain of what's going on and how it literally DOES take huge action, not just mouthing off on the site here about how mad you are at PayPal cheating people, it takes ACTION to stop this illegal process PayPal is and has been presently doing to many Sellers who were/are loyal to them.  Complaining only will get some steam off your chest, it won't get you any money and it won't get PayPal to stop what they are doing.  If class action suits make people uncomfortable or scare them, don't join in.  Don't condemn those who do know that many times that is the only way to fight a large company that is doing many wrongs to many many people.  Yes, there are a lot of posts on here complaining.  The posts are plentiful and earnest in their concern/anger/frustration/panic.  The posts are good and necessary and I hope they continue threefold.  Does anyone see anything all of the posts have done for us sellers since the posting to PayPal regarding this problem began?  Nope.  Nada.  It will take someone in the legal field that PayPal cannot ignore to say to them in a courtroom, ultimately, 'Hey PayPal, PAY pal, and reimburse the many sellers that could have earning interest on their own money instead of you doing it.'  I NEED to start listing and make money on eBay again right away and am so depressed, angry and frantic that I will have to deal with PayPal.  I can't afford it.  So, speaking only for myself, I say do whatever it takes to stop the actions and inactions of PayPal so we can start being what we have been and are, good sellers again on eBay who really don't want to let our buyers down. 

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Djten
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    Femsol wrote:

Paul your ignorance and reasoning continues to astound me.......

    Here is an idea why don't you call one of the class action firms and tell them they are wasting their time--I know they would love to hear from you......

    Suggest strongly you click on this link but I realize you are of the mindset of negativity and denial. I hope others on this forum will just start ignoring anything you feel ......

_________________________________________________

    Wow!! That was like Michael Jordan's infamous breakaway cup-slam on the Knicks at The Garden!!!!

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paul
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I realize that my fooling around was a mistake and I see the serious nature of this problem as a former store and dropshipper and the inflexibility of the E-BAY empire to adjust to realiies of sellers being at the mercy of suppliers thus causing the domino effect that has mostly caused this once proud company to **bleep** us buyers and sellers alike through its arrogance.Where do I sign for the class action?

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femsol
Frequent Contributor
Frequent Contributor

@paul wrote:

I realize that my fooling around was a mistake and I see the serious nature of this problem as a former store and dropshipper and the inflexibility of the E-BAY empire to adjust to realiies of sellers being at the mercy of suppliers thus causing the domino effect that has mostly caused this once proud company to **bleep** us buyers and sellers alike through its arrogance.Where do I sign for the class action?

_____________________________________________________________________________________

 

Ok what have you done to Paul?  I don't know if you are serious or not but the class action law firm that was the first to listen to this and start doing its due diligence last year is a large class action firm from Chicago.

 

Details and links:

 

 http://www.freedweiss.com/Attorney-Profiles/

 

This is the original law firm and loyalty to that firm would be appreciated although there are other class action firms named this firm is ready to file in Federal Court.   Julie MIller is the specific  attorney and here is her link:  http://www.freedweiss.com/Attorney-Profiles/Julie-D-Miller.shtml

 

Here is her direct number or there is a toll free number listed:  312-220-0000

It is important that you tell her where you received her name and number ( the "Letssuepaypal website and that "Brian" referred you ) so she will know the nature and background of your call.  This was old info from when this firm was checking us out for a case.

 

From the email that those of us who had registered  received, is this news which I just love:   "have also been told that the Law Firm should be posting TV commercials, and print ads around the country, in an effort to encourage others who have been victimized by PayPal to join in."

 

So Paul if serious check out the firm and their credentials as they list the class actions for which they have been involved and Ms. Millers brief history and then call, register adn tell your story.

 

If you had not irritated me the other day I was going to tell you that you were not far from right about PayPal--they are not acting honorable now because of the restrictions eBay is imposing and that is becoming clearer every day.   PayPal was a great company before eBay bought them and PayPal's actions are the direct result of eBay telling them to hold funds.  Now that eBay is adding ProPay and they are already buying into the Buyer Protection plan and as PayPal has grown to such a profitable company and accepted now by a variety of websites including some government agencies I remain hopeful that they do in fact spin away from eBay and become an independent company again.  They have some problems in the international arena regarding not following a specific coutry's monetary policy but I blame that on eBay as well. 

 

I would like to see PayPal independent again with the hopes that they would again care about their customers that utilize their service.

 

good night all.

 

 

 

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5black4
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 I would like to add again that Vincent along with Julie Miller is taking information on the eBay/papal problem. I have just sent in more information from a reply from paypal on the "hold" problem. It was the same double speak that they always give us...but it was direct from paypal.

 I feel that this pressure from a classaction or threat of a classaction is the only way that eBay/paypal with deal with the good sellers and buyers fairly....send Julie & Vincent all the relevant info you can........................

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Djten
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Femsol wrote:      

      I would like to see PayPal independent again with the hopes that they would again care about their customers that utilize their service.......

__________________________________________

    No problem because when I actually sat down and read what Paul wrote, it irked me too. And as far as wanting to see PayPal becoming independent again, that will be very difficult being that eBay bought Paypal. As I have been posting for the longest now: it's all about who has the biggest bucks.

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femsol
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Frequent Contributor

@Djten wrote:

:      

 And as far as wanting to see PayPal becoming independent again, that will be very difficult being that eBay bought Paypal. As I have been posting for the longest now: it's all about who has the biggest bucks.


 

Djten, You must have missed my post about this news that I posted on March 20th. I do know that eBay owns Paypal and has since 2002 but that does not mean that a div

 

orce cannot occur.  At this point it is PayPal that has the big bucks and making a profit while eBay is feeling the loss of business.

 

 In the financial news that I check throughout the day for news items on eBay or paypal and then post the link was the story about it being  time for PayPal to spin out from under eBay's control.  It was published in the NY Times on March 17. 

It appears that PayPal has become more profitable then eBay  and that PayPal may spin out from under eBay's control.

 

Here is the link:  http://blogs.barrons.com/techtraderdaily/2010/03/18/ebay-time-to-spin-paypal/?utm_source=feedburner&...

 

Then when BigTPoppa asked about ProPay I posted a link also about  ProPay becoming an approved payment service by eBay.  Check out the below statement from the article.

 

 ProPay (www.propay.com), an industry leader in end-to-end data security encryption, credit card processing, and electronic payment services, announced its support of the expansion of eBay Buyer Protection to all approved electronic safe payment methods. ProPay applauds eBay’s extension of its Buyer Protection program. eBay Buyer Protection adds an unprecedented level of customer support and trust to the world’s largest online marketplace. 

 

Now if BitTPoppa had not asked I would not have found this information about ProPay. Notice how Propay thoroughly embraces eBay's Buyer Protection.and then goes on about how wonderful eBay is.

 
These two links if read independent of one another may not have raised any questions.  However my impression is that it definitely appears that ProPay is being groomed to replace PayPal should PayPal break away and  become independant again as the first link form the NY Times specutates.  Right now it is PayPal that is carrying eBay. And add in the second link about Propay then I have to wonder about the connection.  From all that I have read in the financial news this makes a great deal of sense--PayPal is being accepted more and more places,including a partnership with FaceBook that was announced today.  Just because eBay owns PayPay does not mean a split cannot occur--there are many ways for this to occur

 

Just a FYI I found this link to another general website from ABC that reports daily on eBay or PayPal in the news.  Good articles including an update on the India Reserve Bank  still prohibing PayPal from continuing operations in India. 

http://topics.abcnews.go.com/topic/PayPal

 

Hmm djten--did you forget to scroll back and read the posts:) 

 

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Djten
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Yes i must've missed a couple of backtracks. But often times I'm at work and I can only manage to skim through some of these posts, especially the long ones. But that Paul really got to me yesterday! But I will catch up. And I did read something about it being close to a reality about PayPal breaking away from eBay. Maybe things will get back to normal.

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femsol
Frequent Contributor
Frequent Contributor

@Djten wrote:

Yes i must've missed a couple of backtracks. But often times I'm at work and I can only manage to skim through some of these posts, especially the long ones. But that Paul really got to me yesterday! But I will catch up. And I did read something about it being close to a reality about PayPal breaking away from eBay. Maybe things will get back to normal.


Djten,

 

I was only teasing you. Due to my background it has become practically impossible for me to be concise.  I know my posts are long;)I still find most of my info on the news link I have posted before and I just checked for any new happenings.  For your laugh for the day read   http://www.v3.co.uk/v3/news/2260045/ebay-online-business-manifesto

eBay sumitted a manifesto to the UK  Parliment and sent it to each member of the Parliment containing eBay's words of wisdom along with 5 things that the UK needs to do  to  ensure smooth transactions and even   went so far as to inform them their Royal Mail service needs to be upgraded and an administrative position be formed by an online marketer (read eBay) to oversee these changes.  What hubris--I am sure the Brits who are not fond of us really welcome eBay telling them what needs to be done.

 

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mrs5pennies
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femsol,

 

When reading the link you provided on the Ebay manifesto, I found myself rolling around on the floor, laughing hysterically!!!!  This, hopefully, will show just how ludicrous Ebay and it's higher ups truly are.  To think they can even suggest another country change/overhaul their postal system and form an administrative position to oversee the changes suggested by them,  is so presumptuous of these "holier than thou" ignoramuses.

 

I truly hope that Paypal breaks away.  They no longer need Ebay, in fact, Ebay is pulling them down and giving them such a bad reputation with online auctioneers.  Without Ebay, Paypal will succeed even more so than they are today.  Ebay has become like a ship's anchor for Paypal.

 

PS: femsol, shoot me an email.  Each one I send to you comes back!!!

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