Paypal placed holds on my funds received under the category for payment of goods or services, however, the funds sent to me and received were not for payment of goods or services. I have since discovered that this "payor" deliberately sends payment under that category knowing a hold will be placed on the funds for 21 days and he knows there will be no shipping tracking information for me to submit to paypal so I can get my money sooner than 21 days, and he knows he is the only person who can cause for a release on a hold by submitting a confirmation of receipt of so called goods or services. So it appears I have no choice but to wait out the 21 days. Questions: 1) How does this benefit a payor who is not actually purchasing goods? 2) I understand paypal has this 21 day hold policy to "protect buyers and sellers". How does this protect a seller or recipient of payment? 3) What protection or recourse does a recipient of funds that have been placed on hold under this deceitful way to do business have? 4) During this 21 day hold period, is the payor able to access the funds and take funds back? 5) If my account is showing a payment has been received and is placed on hold, were the funds actually received by and in the possession of paypal - are the funds actually there, or paidf?
