I am what you would call a "casual seller/casual buyer". Whenever I have something that is needed for the house/family or needed to be sold for financial reasons, I come on here to take care of business quickly, or at least that how it used to be. I recently sold an item to a customer, they paid promptly, they picked up the item (we met them, had a brief conversation), and I am still waiting for my money. I noticed that my money was pending, so it said I had to wait 7 days. The transaction occurred on May 25th. I believe that was two weeks ago, and when I just checked, it said that the funds would not be released until the 14th, what kind of jive is that. Paypal is holding y money, earning interest off of it, and then passing it back to me; all the while, the purchaser has gone along their merry way. This type of dealing makes us want to go another route for payment. I should have told the to just bring cash. Not liking this new policy. Sorry for all of you sellers out there, but this is leaving a bad taste in my mouth. And for all of the buyers (including me), this is not fair for us as well. We as buyers have no idea this is going on when we receive our items. This syste does not work for the casual purchaser/seller. That is only obvious from the many posts/complaints I have scanned. I hope they revamp this system soon. Any comments PayPal?
... View more