I sold a boat through eBay. It was a boat, it could not be shipped and was sold as local pick up only. The gentleman paid through PayPal because he kept getting messages of payment reminders, I did not send them. He picked the boat up after paying through PayPal, the last week of June. It is now July 10th, and PayPal is still holding my funds. eBay released my funds the day after the sale because the buyer posteda positive feedback. eBay even contacted PayPal on my behalf. PayPal still refused to release my funds until July 18. They said they don't have an option to manually release my funds, and if they don't get verification from the buyer personally they will hold my money until either the buyer contacts them or tracking information confirms delivery. As the seller, I am paying the PayPal fees, for a boat I sold through eBay, eBay is good, my buyer is good, PayPal took their money straight off the top like always so they are good. The it one not good here is me, the person who is paying to have their money held. eBay confirmed the sale, and that isn't good enough. I contacted the buyer, but guess what, he's on vacation with his new boat! Meanwhile, I am not on vacation because I don't have money to go. If you ask me it's all bologna, and PayPal is most likely drawing interest off the money they hold. My daughter was part of a class action law suit against PayPal some few years ago. I believe it was for holding funds, and she received a check for that. So I think there has been a law suit, but looks like there needs to be another one!!
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