Don't get me started on this topic! I don't what they want to call it, but Paypal is STEALING! They hold our payments for 21 days, gather interest, and cha ching! They are making incredible amounts of money around their "Protecting the buyer" crap. I sold some NFL football tickets. The NFL doesn't issue season tickets any more. It is all done ELECTRONICALLY! When I sell the tickets, the buyer simply gets a notice from the NFL team and they accept them and print them out. Apparently this is not good enough for paypal, because they want tracking numbers, etc. HELLO!!!! Welcome to the 21st century. Tickets are NOT issued anymore. And like it was mentioned before, the buyer hasn't left the positive feedback, so I have to wait 21 days. SO - here's what the buyer gets out of the deal vs the seller. BUYER -The buyer buys the tickets. -Buyer prints out the tickets - Day 2 -Buyer enjoys the game with my tickets - Day 4 - Buyer does nothing and never visits ebay again Day 5 - eternity SELLER -Seller sells tickets - Buyer sends money through paypal- Day 1 -Sellers is informed there is a 21 day hold on the tickets... but by all means, ship the tickets anyway. - Seller "transfers tickets from NFL Ticket office - Day 2 - Seller is notified by NFL that tickets have been claimed and printed- Day 3 -Seller waits, and waits, and waits, and waits for money Day 4- Day 21 PAYPAL Earns interest on MY money and thousands of other sellers from day 1 - 21. PONZI SCHEME disguised as Buyer Protection! They are 'Using" our money for their own benefit. WHAT TO DO? Start using PAYMATE! Paymate was actually on the scene in the early days with eBay. They dissappeared when eBay bought PayPal and made them their main payment option for their wildly successful auction site. Now eBay has approved Paymate as another alternative for eBay sellers as a payment method. Paymate's big advantage over PayPal's standard method is that you don't have to be a Paymate user to make a payment. The customer enters their credit card on the payment page so they do not have to go signup with an account like they do with PayPal. For the one-time or occasional seller on eBay, PayPal accounts are great. But if you are a small merchant on eBay and elsewhere, you are taking more than an occasional payment from customers. Paymate gives your customers a simpler experience to shop with you making it a better alternative to PayPal. You can read more about paymate on their website at www.paymate.com.
... View more