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!
This is so wrong. I'm not a frequent seller, but my ratings are good. But I got this chatty email that PayPal is holding my payments for 21 days because my account was flagged as a risk. Give me a break. I've sold one item this year for $30. Pay Pal and EBay ate a major chunk of that in fees. But when I called customer service-- I got the BS line that it was for my own protection. And they'd review it again in 30 days. THE TRUTH -- I don't sell enough so to make more money on my account the the funds. -- " pending" so they can make money on the float-- the interest on my money. ' cuz PayPal doesn't make enough on the fees already. Please. this is all about the money, folks. Hello Craig's List. Oh, and I'll be shocked if anyone from PayPal responds to this.
They just did the same thing to me - I will be DAMNED if I am going to wait 21 **bleep** days for my money From now on I am directing buyers to pay by other than paypal.
Seems like more and more innocent people are being effected by PayPal's ineffective policy. webstore.com might replace ebay. Oh! You may laugh, but the figures will speak for themself.
Sorry to hear that didn't work for you. How assertive were you? Perhaps if you are angry and insistent, they would do something. Or, it's possible that too many people have been trying this route and they have found a way around it. Tell them you're going to call your lawyer. Ask for the supervisor 's name and ask for his or her phone number direct phone number. I bet that would get you further. Good luck! (See my next post about some new information I've discovered recently.)
i sold an item today on ebay, the buyer paid immediately into my paypal account, i posted the item and i have a tracking number to prove it, but paypal has held all the money in my account. its mine, ive earned it and i need it. i have used paypal constantly for over 6 years and none of my transactions have ever been stopped or held? why now?
