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"Is this another new policy move?" Topic


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655 hits since 30 Dec 2009
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Buff Orpington Inactive Member30 Dec 2009 6:21 a.m. PST

I just saw this on a US local newspaper site.

listed and sold an item on eBay and PayPal put my money on hold for up to 21 days without just cause. PayPal would not allow me to access my money so that I could ship the item sold to the buyer today. PayPal has now caused, without reason, the delay of the shipment until after Christmas.

I have never given eBay or PayPal authority, knowingly, to withhold my money for any length of time.

PayPal and eBay, without just reason or authority, has decided to with hold my money, for up to 21 days, because I am a periodic user of eBay and not a professional seller. This is totally wrong and is the same as stealing because they hold funds up to 21 days, collecting interest on said funds, and not forwarding the interest collected to the rightful person who owns the money in the first place.


If what this seller said is true it's yet another step away from being any use to me.

Personal logo combatpainter Supporting Member of TMP Fezian30 Dec 2009 6:48 a.m. PST

Scary…

Personal logo Stosstruppen Supporting Member of TMP30 Dec 2009 7:15 a.m. PST

I had someone ask me a few months ago to give feedback as soon as I received the item because they were new and Paypal held the money till I gave feedback…first time I had ever heard of such a thing.

napthyme Sponsoring Member of TMP30 Dec 2009 9:47 a.m. PST

Your newspaper is about a year behind the times, that has been in affect for a LONG time on ebay now…

Space Monkey30 Dec 2009 10:34 a.m. PST

I'm always suspicious that when some entity delays giving you money that's rightfully yours they are playing with it somehow…
Most likely that's a completely kooky and unfounded suspicion.

Streitax Inactive Member30 Dec 2009 11:06 a.m. PST

Didn't Paypal get into a legal Dawghouse for doing this before?

Gattamalata Inactive Member30 Dec 2009 11:15 a.m. PST

I had someone ask me a few months ago to give feedback as soon as I received the item because they were new and Paypal held the money till I gave feedback…first time I had ever heard of such a thing.

It's true, as I read about it on the eBay sellers' forum over a year ago. Paypal will withhold the seller's payment until the buyer either leaves feedback or 21 days have passed, then the funds are transferred to the seller's account. If you're happy with the transaction do more than clap your hands, since seller's have to eat.

aecurtis Fezian Inactive Member30 Dec 2009 3:33 p.m. PST

Nothing new, and it shouldn't affect reputable and experienced eBayers:

"Your payments will not be held if you meet the following requirements:

- You have been an eBay member for 6 months or more, and
- Your total Feedback score is 100 or greater, and
- Your buyer dissatisfaction percentage is less than 5%.

Or

- Your average DSR (Detailed Seller Rating) is 4.5 or greater and
- Your have received 20 or more DSRs in the last 12 months."

auction

link

Allen

Personal logo Stosstruppen Supporting Member of TMP30 Dec 2009 9:02 p.m. PST

If you're happy with the transaction do more than clap your hands, since seller's have to eat.


I always leave feedback…unfortunately not everyone does…that time the guy asked I guess he assumed I would take my time..

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