PayPal Community

I'm in the same boat, hadn't used PP or Ebay in 5-6 yrs, was alot easier and cheaper back then, all pkgs I sold have been delivered except the one I sent today. Once I get rid of the things I'm selling I'm transferring my money to my bank and am done with Ebay and PP. ... View more

As with financial institutions,much like paypal and payroll companies, they hold the money under their agreement (unless you use their invoicing and shipping lables  AND PAY) as a float.  So if 5m people have $20 pending for any period of time, look what paypal stands to gain on the interest float..It isn't really about what your rating is...it's about the float.  Their major profit is not on the % they charge for your sale...it's on the accumulated funds in a day in the market.  It's brilliant on their part and tough on us when we want our money. ... View more

Same..   Are u talking about:  jrodcrush10 ? ... View more

I just did the same thing:( I sold a diamond wedding band. He wanted it shipped to the Phillippines, so I did because of the policy. Now I have no ring and out 1600 dollars:(( ... View more

I'm going to post this information on a separate topic, but thought I'd write it here too.  How about we all write the President of PayPal (Mr. Scott Thompson) a letter and either mail or fax it to him?  Or better yet call their offices and just swamp his office with these complaints?  Here's his information:   Scott Thompson, President 2211 N. First Street San Jose, CA 95131 Tel:  408-967-1000 Fax:  408-376-7514   Nothing is going to change unless we all stop whining and complaining on this board and actually try to do something.  And that means letting this guy know just how ridiculous this new policy of theirs is and just how much it's hurting so many small businesses.  Mine included. ... View more

I had feedback left for 2 items I sold, and the payments are still being held. Paypal is really **bleep**ing us sellers with this new policy, as shipping costs, etc. are coming out of our pocket before we even get paid for an item. ... View more

I think that's the only way Paypal is going to take its customers seriously. ... View more