HORRIBLE IDEA TO HOLD FUNDS FOR 21 DAYS!!!
- Mark as New
- Bookmark
- Subscribe
- Mute
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
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!
- Mark as New
- Bookmark
- Subscribe
- Mute
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
@Soonergirl wrote:I would love if someone (an advisor ~ femsol, Djten, etc.) would start a Facebook page regarding this and then we could tell all of our FB friends about the outrageous (and illegal) PayPal and eBay policies. We could include the information regarding the class action lawsuit and how to get their name(s) on the list. Any volunteers (I'll be happy to assist with the FB page)?
Hey, I just found a facebook page aout facebook.. I guess someone took you up on your offer... His name is tom pergo. Get the word out!!!!
- Mark as New
- Bookmark
- Subscribe
- Mute
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
@Dontlikeitman wrote:Also, if you relly want to get the word out there about the issue, tell everyone you know about it, if your in town and are talking to friends or friends and there friends, tell them. The more you tell people, the more the word will spread around and out wards and people will hear and check into it also and probably tell there friends like you did. You see all paypal is hurting really is just them selfs right now with there dow nright stupid hold policy that is which a down right joke.
I also heard that the federal law is looking at paypal right now due to the hold funds policy that they are doing to people because it's a world wide issue they are doing which makes it a federal case, not to mention short of a internet fruad case also. Plus I also heard from a very relieable source that CNN was talking about the hold issue as well on tv. Plus I also read recent that there is afew lawsuits taken place now instead of just one.
Paypal is kinda starting to fall, they wanted press, I guess they are getting press but not the kind I think they wanted though.
I know when I first sign up for paypal back in the day, We didn't have the stupid hold policy at all and things was working smooth and people was all happy, people would win an item on ebay and send money and the seller got there money and ship the items out and the buyer got the items and everyone 95% of the time was always happy. Then paypal came along with the new heads of the company and they change things and the policys around and now look at it, people are not happy with money is getting hold up for no reason at all, complaints are being filed, people are droping ebay because of paypal because of the policys that was changed. I know if I was signing up and seen the new parts they change I would drop paypal for ebay selling like a fly. What paypal need to wake up to is that they should take the hold fund policy down and go back to how they was in the old days where most of the people likeed paypal and using paypal for ebay stuff and sellers was also happy unless like what it is now and what it has become in the last the last 6 months. To the people at paypal, I really don't like to say this about you all, but you all have in the last 6 months have gotten worst instead of better, look at what all you have done so far to alot of good people.
A guy just started a facebook page on facebook!!! Let's really get the word out there!!!!!! His name is Tom Pergo.
- Mark as New
- Bookmark
- Subscribe
- Mute
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
@fjp800 wrote:A guy just started a facebook page on facebook!!! Let's really get the word out there!!!!!! His name is Tom Pergo.
Do you have a link for the facebook page or have the name of the FB page Tom Pergo started? I searched for "Tom Pergo" on FB and couldn't find anything about him.
- Mark as New
- Bookmark
- Subscribe
- Mute
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
I posted this in another area but i want to post it here as well.
If you don't pay your ebay bill, after so long they WILL shut you down from selling or buying on the ebay site until they get there money. BUT there is kinda a good stand point at this also when you think about it.
Now if they shut you down if you don't pay your bill, and sense they own paypal and paypal is holding your money anyways. Get ahold of ebay and tell them that when paypal release your money, you will then pay them. You see if folks does or can't sell on ebay, that will also hurt there business as well... then two birds will start to fall. You see there is another member on here Sureplusdude, He loves to stick up for paypal alot, he keeps telling people that doesn't like there funds being hold and when and if they don't like what paypal is doing and they say they won't use paypal or ebay again, he tells them good luck or play by the rules. Well I been studying things about ebay and paypal and there policys. There is flaws and also weak points.. we do just what Sureplusdude has been telling us all along and play by the rules even though paypal isn't though. Here is the weak point, paypal works with ebay, ebay owns paypal. Well instead of fighting them, we just stand still with ebay. Now I know what your going to say, how in the heck will that work. Well here it is. Ebay makes money off of us sellers do they not? well seeing on how paypal came down with a bad case of the hold funds fever with ebay and is holding peoples funds from the ebay sales. Stop selling on ebay for awhile and go to another online place to sell and find another online place for reciving money through. What money you have in your paypal account, take out.. Keep your accounts down below your ebay bill dues. Now take and remove your banking info as well, take if you have a paypal debit card and go on ebay and put that in for your ebay billing dues. Now with paypal holding the funds and not release them, they have the money, now when ebay comes after you for your payment for your ebay selling.. they are kinda **bleep**ing them selfs now because your paypal account is drained and they can't **bleep** the funds from it because what money you do have in there paypal is holding and won't release it. Now when ebay comes to you. Tell them to go to paypal for the money as they are the ones indeed that has your money for your paying your selling dues on ebay.
Now if ebay sets out to get a collection agency, tell them your money for selling dues for ebay are indeed hold up with paypal as they will not release the funds to you because it's there rules (because with you not selling nothing on ebay, you have nothing to ship out and you don't have to use paypal). And that when paypal wakes up and decided to release the funds then your ebay dues will get paid. You see, by doing this, you are following there rules. You stop selling on ebay, paypal isn't getting use or collecting funds to hold.
If you want to sell on ebay but yet still recive funds fast, go some place else that ebay accepts, but leave your billing stuff hook up to paypal at ebay. make sure all your billing stuff is hooked to paypal though but make sure your bank stuff isn't though. This way ebay and paypal are kinda at a criss cross with them selfs and yet you would be getting paid through another source. You see.. paypal and ebay wants to **bleep** us over with the hold funds policy well we can still use ebay and yet **bleep** them back. We would be playing by there rules all along also and there policys you can say.
- Mark as New
- Bookmark
- Subscribe
- Mute
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
my issue is when i directly asked paypal rep why my funds are held when i have had PP account over ten years with hundreds of good transactions i was told 21 day hold is ebay doing not Paypal... how about out right lieing to long term customers Im looking now for alternative ways as Paypal has no credibility anymore
- Mark as New
- Bookmark
- Subscribe
- Mute
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
you can always try paymate. I heard you don't have to register with them if your a buyer, just give your card info and your done. down side is with them it would take 5 bds for your funds to be cleared.
- Mark as New
- Bookmark
- Subscribe
- Mute
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
@Soonergirl wrote:
@fjp800 wrote:A guy just started a facebook page on facebook!!! Let's really get the word out there!!!!!! His name is Tom Pergo.
Do you have a link for the facebook page or have the name of the FB page Tom Pergo started? I searched for "Tom Pergo" on FB and couldn't find anything about him.
- Mark as New
- Bookmark
- Subscribe
- Mute
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
All of you are right about this holding funds. I just sold to a buyer whom also sells on ebay and did not know about the hold policy. This is just a quick and unlawful way for paypal to gain interest on our accounts. This is one of the ways I buy my daughters school clothes, it is kind of hard to get the items you want when you have to wait 21 days. There will be another site we can sell soon, this is against the law, its like stealing for a short time until they can pay it back. We should stop selling until something changes. They think we will get use to it, but people dont have money like they use to: and want waste their time with this BULL!
- Mark as New
- Bookmark
- Subscribe
- Mute
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
@Djten wrote:@prtyunike wrote:does this mean that i have a negative standing or did something wrong? i was receiving payment as soon as an hour and now theyre all pending all my money that is "my" money is on hold!!!! wth .............__________________________________________________You need to hang around on this discussion board for a bit. When I say a bit, I mean for a least about a monthy. There's a reason this topic's over 200 pages full of posts. No, you did absolutely nothing wrong. Like I said, you hang around for a while and you'll find out why.
Never mind.. I just found out how... I am now an Advisor too... It depends on the number of posts done...
- Mark as New
- Bookmark
- Subscribe
- Mute
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Ever since ebay bought paypal, things have gone downhill. This holding funds for 21 days will go on untill you have at least 100 positive feedbacks from ebay. Thanks a bunch of crap if I ever heard one! I have no idea why paypal changed this policy in 2009 but it's situations like this that caused us to create corporate "monopoly" laws. Paypal has now become just another way for ebay to take more of our money. A percent of each sale goes to ebay and then a percent goes to paypal, too. That's paying ebay twice! Untill paypal figures out how to secure thier funds WITHOUT holding back the shipping people have paid, it is almost certainly a waste of time, money and energy to use paypal for any transactions in the future.

Haven't Found your Answer?
It happens. Hit the "Login to Ask the community" button to create a question for the PayPal community.