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since ‎Dec-20-2011
Warmachine_11
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Latest Contributions by Warmachine_11
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  • Latest Contributions by Warmachine_11

PayPal and Merchant Accounts

by Warmachine_11 Contributor in eBay and PayPal (Archive)
‎Dec-23-2011 02:07 PM
‎Dec-23-2011 02:07 PM
The Difference Between PayPal and a Real Merchant Account   With a Real Merchant Account, your funds are directly deposited into your personal or business bank account, which you control and which is also protected by Federal Banking Regulations. With PayPal, your money is deposited into a PayPal Account, which PayPal Fully Controls. Since PayPal is NOT a bank, they do not need to follow federal banking regulations. These regulations are designed to help the "Average Joe" avoid issues like having their bank account frozen for weeks or months with no explanation. "Who would trust their money with a bank that could do that?" Sadly, Paypal routinely freezes its customers' accounts for almost anything and without warning. Once an account is frozen, the funds are often held by PayPal for months on end with Absolutely No Recourse for the merchant. A domino effect occurs when a PayPal account is frozen, leaving the merchant with No Means To Fill Orders. Those orders are then disputed by customers, creating more chargebacks and the illusion of fraudulent activity on the part of the merchant. The Bottom Line? Accept credit cards with a Real Merchant Account   **bleep** PAYPAL   ... View more

Re: HORRIBLE IDEA TO HOLD FUNDS FOR 21 DAYS!!!

by Warmachine_11 Contributor in eBay and PayPal (Archive)
‎Dec-22-2011 02:10 PM
‎Dec-22-2011 02:10 PM
Is that what we are calling our held funds? They are being held 'secure' for us?   Bahahahahahahahahahaahahaha!!!!!!!   If you don't get paid, you don't ship. Seems simple enough to me!   ... View more

Re: Looking for alternative Merchant Services sinc...

by Warmachine_11 Contributor in eBay and PayPal (Archive)
‎Dec-21-2011 11:35 AM
‎Dec-21-2011 11:35 AM
I no longer use eBay and I use PayPal only in the most dire of circumstances. I went to Webstore. Here is my standard answer to people fed up with PayPal. Hope it helps.       First file a complaint with the Federal Trade Commission, it only takes a few minutes. Next do the same with the BBB. Lastly and most importantly, go to 'WEBSTORE' and do your business there, no fees, no holds and no bullcrap. You can use Google Checkout and drop PayPal.   You can also go to 'Yola' and open a free website and post all these complaints for the world to see. I am building several websites as we speak to get the word out.   Keep an eye out for anyone starting a class action lawsuit over this policy and JOIN IT.     ... View more

Re: Sellers 'Pending Balance' held for 21 Days?

by Warmachine_11 Contributor in eBay and PayPal (Archive)
‎Dec-21-2011 06:40 AM
‎Dec-21-2011 06:40 AM
  First file a complaint with the Federal Trade Commission, it only takes a few minutes. Next do the same with the BBB. Lastly and most importantly, go to 'WEBSTORE' and do your business there, no fees, no holds and no bullcrap. You can use Google Checkout and drop PayPal.   You can also go to 'Yola' and open a free website and post all these complaints for the world to see. I am building several websites as we speak to get the word out.   Keep an eye out for anyone starting a class action lawsuit over this policy and JOIN IT.     **bleep** PayPal and eBay!!!!! ... View more

Re: From Now On I Am Not Going To Ship Items If Fu...

by Warmachine_11 Contributor in eBay and PayPal (Archive)
‎Dec-20-2011 01:38 PM
‎Dec-20-2011 01:38 PM
A damned parrot is what you are. ... View more

Re: How to lift 21 day hold on funds if I do NOT h...

by Warmachine_11 Contributor in eBay and PayPal (Archive)
‎Dec-20-2011 01:36 PM
‎Dec-20-2011 01:36 PM
If a class action suit was organized I would be all in!!!!!!! ... View more

Re: HORRIBLE IDEA TO HOLD FUNDS FOR 21 DAYS!!!

by Warmachine_11 Contributor in eBay and PayPal (Archive)
‎Dec-20-2011 01:30 PM
‎Dec-20-2011 01:30 PM
'WEBSTORE'   NO FEES, NO HOLDS, NO CRAP! ... View more

Re: money on hold for weeks!

by Warmachine_11 Contributor in eBay and PayPal (Archive)
‎Dec-20-2011 11:52 AM
‎Dec-20-2011 11:52 AM
Set up an account on 'webstore' You won't have to deal with PayPal anymore! ... View more

Payments Hold is CRAP!

by Warmachine_11 Contributor in eBay and PayPal (Archive)
‎Dec-20-2011 07:34 AM
1 Kudo
‎Dec-20-2011 07:34 AM
1 Kudo
Having a hold on seller's funds is complete garbage. I don't care how PayPal justifies it, it is wrong. Calling them and talking to the representatives is useless because they are talking monkeys, you can't even get the same answer from 2 different people. Trying to get paid by other means is mostly useless unless you use an eBay 'approved' method, this means a method that they can profit from. I had over $500.00 withdrawn from my account with no notice by PayPal, and nothing but problems ever since. I have over 400 transactions and 100% positive feedback. I have had it with these gustapo tactics. The minute an alternative presents itself I will leave PayPal immediately. What they have created is a monopoly and controlling our funds has to be illegal regardless of the user agreements. You cannot enforce an illegal agreement even if signed by the user. I would gladly join a class action lawsuit against this policy if sellers were to organize and fight for our freedom. ... View more
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