Actually I would like to know as well. Paypal is adament in not calling their payment holds policy a penalty yet it fits the criteria for the definitiion ( I'm not a powereseller yet though I am a potential one, with good feedback). I understand that a policy like this must be in place to help alleviate fraudulaent transactions, but right now, it only benefits the buyer and Paypal. I was told over the phone that it is considered a pending balance and I have to treat it as a pending balance, to which I argue that if I must treat it as a pending transaction... why then is Paypal able to obscond fees from said pending balance. That is a double standard evident within the policy and tells sellers that Paypal is not working in the interest of the consumer. Without consumers, Paypal would be a negative equity, an automobile without a motor or brakes rolling down a hill to financial obscurity, and they would do well to remember that. As of right now, my account will have been in review for 90 days by the end of all this, and all my payments are held. I'm sorry, but when Paypal takes complete control of monetary assets used to purchase items from a seller, then tells the seller that they have to wait for ownership of the funds yet ship the item in good faith while Paypal plays Mafia boss and funnels cash a different direction collecting fees and interest all the while....something really needs to change if Paypal wishes to appease it's sellers as much as it's buyers. I was told that my account is being reviewed, my payments being held, all because despite my 8 @ 100% satisfaction transactions, I do not sell 25 items in 6 months. That IS an incurred penalty with cause and effect established. I'm willing to bet that if Paypal truly had to treat the pending balance as a pending balance and couldnt take their fee until the transaction was completed, that Paypal would nigh on immediately reverse the policy. I didnt serve in the Army to fight for freedom and civil liberties just to come home and face being bent over by an LTD company playing financial institution.
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