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since ‎Jan-18-2012
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Re: HORRIBLE IDEA TO HOLD FUNDS FOR 21 DAYS!!!

by Floored Member in eBay and PayPal (Archive)
‎Jan-18-2012 04:02 PM
‎Jan-18-2012 04:02 PM
          You are correct.  I tried MANY times to Email Paypal.  Mysteriously,  they were not able to be forwarded.  Hang in there, though.  I feel a change in the wind.  Or maybe that is just the sore getting larger. ... View more

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

by Floored Member in eBay and PayPal (Archive)
‎Jan-18-2012 03:47 PM
‎Jan-18-2012 03:47 PM
       I certainly agree.  I can't believe that this practice is even Legal.  No Interest.  No warning.  No good reason.  I have never in 13 Years had this happen.  I have done nothing to evoke the suspicions of Paypal; assuming they REALLY believe there is a potential risk involved with the Sale & Payment of 3 Ball Point Pens, and a Marked Sterling Brooch.  A Two hundred dollar Hold.  I, too, need the money I EARN  from my Sales.  I was maneuvered into only accepting Paypal as an intricate part of the Ebay Buying and Selling experience.   I was coached into believing PayPal is the Most Beloved way to get and send money. What is beloved about keeping what is not Paypals?  What is safe about not being able to access my own Money?  Paypal "Holds"  lets me know I have nothing better to do then "Give" them my Money.   Releasing what I have already Earned after whatever period of time they see fit, is like "sleeping with the enemy".  I read many times where the 21 days slips by and no money is returned to the "usable" Account Balance.  I am seeing Folks quit PayPal,(and subsequently Ebay), for this, and this practice only.  What Business model are they using, that dictates alienation of their Customers, and  Dictates Seller Policy to Ebay.   They are, by all accounts, separate entities.   If Ebay believes a Seller to be a potential "Threat" to Buyers, they can use appropriate measures to circumvent any issues.  Paypal has no right to sanction Sellers in this way, by keeping Money they are "Safe guarding."  Can they imagine a Bank telling a Depositor their money is being held in case someone "down the road", disputes him  saying they are owed money, so it has to be available for the eventuality?   Surely there is a remedy to this problem. Grin and Bear It seems   wrong  to Bite this Bullet.                                                                                                                                                       ... View more
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