Hello everyone I hope you are having a nice day 🙂 Im here to explain to you why your money is pending and why you are not receiving it. Recently I had a very negative experience with @kernowlass and the only thing he was actually helpful for is making me realize that I will have to find my answers by myself. So after contacting some family members who were in the banking business and I looked at Paypal Legal document,and I came to this,please read it carefully,I will underline the most important part : 4. Account Balances. 4.1 Balances. If you hold a balance, PayPal will hold your funds in pooled accounts separate from its corporate funds, and it will not use your funds for its operating expenses or for any other corporate purposes. PayPal will not voluntarily make your funds available to its creditors in the event of bankruptcy. You will not receive interest or other earnings on the amounts in your balance. PayPal may receive interest on amounts that PayPal holds on your behalf. You agree to assign your rights to PayPal for any interest derived from your funds. If you carefully read the text I made stand out,you will quickly come to realization why Paypal is holding your funds,and yes before you ask pending money is technically on hold.This is the sole and only reason why Paypal is holding your funds.This is because holding funds incurs interest which they can charge you for,its not about the buyer its not about you its about taking YOUR money from you. All the reason listed for getting pending like: *Having paypal account for less that 6 months *Not having at least 100 sales with 100 positive feedback(note how high this is,most people sell only a few items a month,unless they are a company and majority of them are not) *Your buyer not leaving you positive feedback *Your buyer not marking shippement is received(Digital goods dont have this and they are held for 21 days and pay the biggest interest to paypal) *.... Even if you do all these the payment can take up to 24 hours to arrive,which means Paypal still gets interest.After all this I will repeat myself once more,its not about your or the buyers safety its about the money. I personally have a buyer who is kind enough and even willing to contact Paypal and ensure them his purchase arrived so that I may receive my money earlier,he is even going as far to create an Ebay account(he bought the item as a guest) to help me out,and i hope you are all blessed with such a good buyer.Back on topic though,I emailed Paypal and left a message on Facebook about my buyers suggestion and it has been 48 hours now, with no response, so I took matters upon myself to bring you the truth. Things you can do about this: 1.NOTHING,if you read the Legal part I posted carefully you realized there is nothing to be done from reading this sentence alone You agree to assign your rights to PayPal for any interest derived from your funds. Meaning you gave them legal right to do this to you. Yeah sneaky move on Paypals part,but smart,they are earning tons of money from us not reading the Legal documents. 2.After you receive your hard earned money I suggest you withdraw it from Paypal or spend it if you cant withdraw it and stop using Paypal alltogether.This will hopefully make them realize the value of their clients,and they will,I hope, stop milking us like cows for OUR money. I thank you all for reading this,and I am sorry I am the bearer of such bad news,but I hope I shed some light on this topic and that it proved useful to you.And I know I learned my lesson,from now on I will read EVERY Legal document before I agree upon it and avoid making mistakes such as these. I thank you all again and wish you all an enjoyable day 🙂 EDIT: FIxed some spelling mistakes,sorry English is not my native language,I hope I made the text understandable.
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