PayPal Community

OK I have been involved  with this issue of holding funds since January and I am going to vent then leave.  I have better things to do then listen to the Dude spout out his version of the truth.  I have not disclosed this before for but I am a contract lawyer. I have repeated  that my funds are not held simply because my funds are never held-by the terms of the user agreement my funds can not be held as I am in the money market.   I believe in the class action and that ultimately there will be a settlement. Will it be major funds=no not at all but it just may change the way PayPal does business.   Don't contact me for I have had enough of being a cheerleader.   Au revoir femsol   "Love all, trust a few, do wrong to no one~.”William Shakespeare ... View more

@Samdawop wrote: Pay Pal & e-bay have a thing but, Why hold funds When a Buyer, (A Perfect score) and sales has to be withheld their right to their funds? Let me say that I have a lawyer looking into it. Although my money is not important, I dont like people who think they are so much greater than us doing whatever they want anytime. On top of that Lets say "A seller has no money and trying to make ends meet" THEY NEED THEIR CASH TO SEND THE FRICKEN ITEM YOU JERK" I have gotten my item late because of this very crap. JERKS!!!!!!!!!!! Save your money in retaiing your own attorney--There was a major class action filed in May and it costs nothing to ad your name to the class. Go to letssuepaypal.com to read the complaint and get the details- listed in the first paragraph. As PayPal likes to change links you can also go to the attorney's link  The Law Firm is FREED & WEISS LLC and the contact person is Julie Miller. Her Contact Number is: 312-220-0000. Contact them and they will send you a form to fill out and add your name.  I too do not care about the money it is the principle.   ... View more

Paypal I N D I A  is not consistent. go to let ssue paypal  dot     com and register your story and name to the class action law suit   I have tried to post this twice and now PayPal is censoring posts  so I will try again-- go to let sue  pay pal dot com   ... View more

    I have been posting since January trying to offer insight to this policy which right now is absolute in the User Agreement that you must agree to be sell on eBay.   I am now at the point where I am tired of continuing to post links to eBay and PayPal's legal and financial problems.   I will post about every few days simply this:   Join the class action protesting this user agreements as invalid and voidable.  The initial law suit has been filed but the firm is still taking names.   Go to  letssuepaypal.com for information, call the number and add your name. ... View more

    Happy Friday all I just keep finding all kinds of news today about eBay.  Those looking for an Alternative to PayPal should check out this new company set up by VISA to rival PayPal.   http://www.crunchgear.com/2010/06/25/visa-starts-family-friendly-paypal-rival-called-payclick/   or try   http://tinyurl.com/26nbouc   always good to have several options and VISA is large enough to take on PayPal. ... View more

OMG--this just in!   EBay Fails to Respond to Federal Suit from the Wall Street Journal   Good read for legal analysis and sums up many of eBay's legal issues and the happenings with paypal. Recommend--especially you djten!   http://tinyurl.com/2eex6go or http://blogs.wsj.com/digits/2010/06/23/ebay-fails-to-respond-to-federal-suit/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+wsj%2Fbiztech%2Ffeed+%28WSJ.com%3A+Business+Technology%29 ... View more

@Djten wrote: @fjp800 wrote:     I see that you are an advisor and I was wondering what qualifies you as an advisor?  How does PayPal choose an advisor  or are you an employee of PayPal?  Thanks Never mind.. I just found out how... I  am now an Advisor too... It depends on the number of posts done..... ______________________________________________________________   Dig this: I never said I was an advisor! Second, I meant what I said on a positive note. Third: and yes, I have not only been on this discussion board since about January but I've also read many of the links posted by people like Femsol and a couple of others. That's how I know things like Louis Viutton suing eBay. And eBay buying PayPal for a billion dollars! That's also how I knowabout countries like India and China not putting up with PayPal's nonsense! And fourth, I don't come off with negetive posts or ridicule anyone like Surplusdealdude and a couple of others who posted the same type of nonsense long before you started posting! And if you go back and read my previuos posts you'll find I make a lot of sense in the things that I say and don't ramble! Fifth, I had a store on eBay and pulled it off because of eBay and PayPal's foolishness, so I know what I'm talking about and I'm very much in the mix, my friend. Match Point djten:)  I am not posting much anymore it is just too much.  Every few pages I still try to remind everyone new and old about the class action that has been filed and where to find the information  letssuepaypal.com and encourage them to add their name to the class.  Thanks for the mention--I still read the daily financials and legal issues and if I see anything of importance I will post the link but at this point it seems like we are back to January and you and I have both hung in there even though moving to other places to sell.  I just don't think people are interested in the back story or the news such as the case you sited with Louis Vuitton and I can understand that it is more important to have their funds released then to read the possible "whys". I think what I find interesting in these news and financial articles is the great deal of problems that eBay and PayPal have been experiencing internationally where the government banking systems have literally stopped PayPal such as in India and now Australia, Japan, Germany and the EU.    Anyone intersted in reading more about eBay this link is updated continually regarding eBay's stock prices, financial news and other issues of interest.  It draws for legitimate news sources and posts it all together along with an archive.  http://www.techinvestornews.com/eBay/page-one.html  The powers that be may change this link but coded the site is techinvestornews dot com / eBay / page - one. html   BTW their stock is down again today.   ... View more

@surplusdealdude wrote: You can't reliably clear checks in a week. Actually you can reliably clear checks in 24 hours. WOW look at who is buying into the banking propaganda! ... View more

fjp800 wrote: I was replying to the post by surplusdealdude.  Instead of shutting up I would like to see an honest evaluation of the HOLD policy... It is wrong the way it is presently written!  If PayPal wants to protect the Buyers..... All well and good! I don't have a problem with that objective.  But there is no need to put it on the backs of sellers who have a proven track record.. They should have an apprentice program for new sellers or sellers who sell infrequently on E-bay.... IE HOLD THEIR FUNDS... Not ours.   If you are seeking an honest evaluation of the HOLD policy don't hold your breath nor look for surplusDude or for that matter eBay/PayPal to provide the answers. The Dude will simply go on and on about how you agreed to the User Agreement and if you do not like it leave.  Paypal on the other hand does not feel compelled in anyway to have to provide answers as they simply do not care and also have the User Agreement to substantiate their policies.  The Dude likes to troll these boards and ridicule those of us who have been trying to support one another and in the meantime have managed to finally see our efforts in the filing of a major class action suit again eBay/PayPal contesting the validity of the User Agreement.  The Dude and others like to laugh about it but it is at least a proactive move and may just provide some answers.   For those who still wish to join the class action and/or read the full complaint that has been filed in Federal Court check letssuepaypal dot com.     I have been involved since Day 1 and have done my best when I have time to post all legal and financial news relevant to possible motives for these arbitrary holds--bottom line it is about interest on your held funds which you assign to PayPal in the user agreement  UNLESS you are in their money market and they cannot take your interest for that is why you are in the fund.  The interest on your individual held monies may only be pennies but multiply that by all of the holds and it is another increase in revenue for eBay and PayPal.    Also sellers should be aware that June 30th is the end of eBay's 2nd quarter for 2010 earnings.  They will need to release these figures generally around the 3rd week of July.  I have tracked the last two quarters and there is a similar pattern--eBay's figures are low but PayPal brings them into a very postivie postition which makes the shareholder's happy.  Holds generally start to increase again weeks prior to the earnings report being released.   In the meantime  you may want to check this link occassionally for updates on eBay's stock, business news and other information that is available on this website.   http://www.techinvestornews.com/eBay/page-one.html     ... View more

@fjp800 wrote: @femsol wrote: @surplusdealdude wrote: There must be 50 threads about money on hold - I am through beating the subject to death any further. Can we now depend on that statement and not see anymore posts from you!  TGIF!! Yep! You are doing a great job!!... The evidence 50 threads about money on hold... And, I bet they will keep on coming! Your answers reall make the Sellers realize the wisdom of withholding our funds... RE:TGIF.. I perfer Tuesday.. Less orders and less to input into tracking ifo for PayPal! fjp800   Hi, not sure why you replied to my post-I was merely being sarscastic about the Dude saying he was through beating the subject to death.--I hope we can rely on him shutting up. I generally ignore him--I was not agreeing with him on any level.     ... View more