When I was selling on Ebay with Paypal I had this problem. When you are actually successful with your business, they start asking for proof of invoices and supplier information and such and such. Then, and I PROMISE YOU, shortly after you provide them with ALL THE INFORMATION they ask for, they are going to start holding a big portion of your funds in something called a "Reserve". You'll get hit with two types of Reserves. The first Reserve is called a "Risk Reserve" where they will hold A LARGE AMOUNT of funds in your paypal account. In my case, they held $10,000. The second type of Reserve is called the "Rolling Reserve". This is where the true thievery comes in. They in addition to already holding your money, they will hold a certain percentage of sales for an indefinite amount of time. Some people have had their sales held fo 30 days, some 60 days, or as in my case, it was 10% of all my sales held for 120 days. This means for example, you sell something for $1000. In addition to having to pay your Ebay fees, AND PAYPAL FEES, 10% of the $1000 will be held for 120 days, so that means $100 would be held for 4 months. But this occurs to ALL OF your future transactions. I advise you right now. Give them their information, get all of your money out right now and close your account. you'll regret it soon if you don't.
... View more
