This is soul destroying, and explains the utter garbage being fed to me by "Pay-You-When-We-Want-Pal" "customer support". Words are wasted here, I'm resorting to copying a pasting....like "customer support" Interesting read I found on the web.... "While certainly useful in many online purchasing circumstances, there is no doubt that PayPal is a giant money-slush scam on a scale never before seen. If you have ever transferred money on PayPal before, you must have noticed that the money coming out of your bank account is gone from your bank immediately, but doesn't show up in your PayPal account for 3-4 days. Same thing happens in reverse if you transfer the money from PayPal to your bank account. So what is happening is that your bank gave PayPal your money, and PayPal didn't put it in your PayPal account for 4 days, during which time it was in PayPal's possession, not yours. Or, you transferred money to your bank, and it came out of your PayPal account right away, but was held by PayPal for 4 days, then put in your bank account. If you don't deal in the world of big business and banking, take a few seconds to think about what that means when it is done on the grand scale... They create in their holdings (or the holdings of a clearing house that they are undoubtedly in collusion with) a huge monetary slush fund. At any given time, there are $Billions$ of dollars in this limbo-land of slush money that is being "transferred". But it isn't being transferred; it is simply being put in the slush fund to sit a few days. This activity creates a visible multi-$billion account that is controlled by PayPal (or their dummy clearing-house cover-up account) that gives them enormous financial leverage and buying power, all created by making millions of users wait exaggerated periods of time for their transfers. Having an account that always has a few billion dollars in it, even though that money is continually rotating in and out, is an extremely powerful financial tool that PayPal creates and utilizes by holding their customer's money for exaggerated periods of time. If you are thinking that it should be illegal for a company to do something like this, then you should be happy to know that.... IT IS!!!!! There are lots of international laws in place that make it illegal to unnecessarily hold a customer's money during a transaction and profit off of that activity. PayPal has skated charges for this crime for a long time, and raked in $Billions$ in profits using the money they are stealing (all-be-it temporarily) from their customers. Someday, maybe someone will make them pay for their crimes." Source: http://www.gizmodo.co.uk/2013/01/its-time-to-sort-out-paypal/
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