I just received the e-mail many others have about Paypal now holding funds for up to 21 days. At first I thought it was a spoof mail, but now see its real. I almost exclusively use my business Paypal account for ebay purchases and sales. I have 602 feedback, shown as 100%, with only one negative from several years ago- a foreign buyer who refused to pay the extra $5 to cover shipping to Canada, which was clearly stated in my listing. I have refunded money a couple times, VERY promptly, when there were any issues, which still resulted in positive feedback, without need of Paypal getting involved. I'm just a small, part-time seller. I can't afford to have my money tied up for up to three weeks. I'll give Paypal 30 days to change this new policy, during which time I won't be listing my items for sale. If this policy isn't changed within 30 days, I'll be closing my Paypal account. I'm sure I won't be alone, as I've read several complaints already posted in the forum. Please come to your senses and get rid of this joke of a policy. You are only hurting yourselves.
... View more