They HOLD our money for the.....INTEREST they receive from all the money they have in their account(s). Very poor practices from PayPal. As buyers we are urged to pay instantly...OK done! The money is instantly debited from our Verified Bank account. But, as a seller they claim it takes days for the same money to clear through their process. If the payment is instant to their account, then why does it take 10 days or longer for the money to clear/credit into our account? Where is all this money held and who gets the benefit of using our money? .....this is an easy answer: PayPal does! Taking a closer look at this practice, I'd say there's no regulation on what PayPal can or can't do. I've noticed moderators/administrators/advisors using the same canned answer, "all situations are different, there isn't just one solution", mumbo jumbo speak! My interpretation, we can screw you any which way we want to. I can't see this practice of HOLDING our money to change anytime soon......
... View more