08-31-2019
11:34 PM
- last edited on
09-01-2019
01:07 PM
by
kh-vince
Recently I have been liquidating my life collection of photography equipment. I noticed that after a sale the funds were on hold. I thought the buyer was having trouble but no, PayPal was holding the money totaling $7000. I spent 5 hours on the phone being told to try a new browser and such nonsense. Finally, the 4th person I talked to said it was my items over $1000 that put a hold on all my money. Even after my buyer received a $1600 camera ((13 days)) later that money is still frozen. Paypal told me to ask the camera, my buyer, to leave a review stating he got it. Well, he did that for me but my stolen money is still unaccessible. PayPay is a Black Hat business and thousands of people like me have been bullied and ripped-off by them. Thank you, Tim
08-31-2019 11:37 PM
1. Are you a new seller, subject to holds as a matter of course?
2. Did you use signature confirmation, which is required on items over $750?
08-31-2019 11:41 PM
By the way, take “authentic” out of the title of your beach glass necklace (no one searches using that word), and replace it with “seapunk.” That’s a subculture that leans towards aquatic-type fashion.
09-01-2019 07:49 AM
I don't think it's illegal but certainly frustrating.
I think that the reason might be #4 or #5 in this paypal link.
Why could your funds be temporarily unavailable?
There is also things you can do to get the funds released sooner, on that page.
Being told by CS to try a different browser (as if it were a glitch) to release funds sooner, is indicative of a poorly trained or apathetic customer service employee. So ridiculous!
Also this;
"2. If a buyer pays you and the payment isn’t immediately available, we’ll notify you via an email titled “An important message about your PayPal balance” or via an alert in your Account Overview page. This email or alert will be the best source of information about why your payment isn’t available and what you may be able to do to prevent the delay of available funds in the future."
Did they send such an email?
The funds will be released soon.
09-01-2019 07:58 AM
Ebay-PayPal holding my money for two weeks illegally
They may be holding your money, but it is not illegal.
09-01-2019 10:00 AM
It appears that you recently returned to selling after some time away from Ebay. That is why the money was on hold in PP. It is a rule that Ebay has. Below is a link that should help you better understand this process and how to get your funds released.
I might add that when you contact PP, hopefully it isn't with the same anger that you are showing here. That won't help your situation at all. I absolutely respect that you want your money released, but keep that goal in mind when you talk with them. You want them to want to work with you, not just get you off the phone.
https://pages.ebay.com/seller-center/service-and-payments/funds-availability.html
09-01-2019 10:13 AM
people have been down this road for years
lots of conspiracy theories out there
I can tell you this much
paypal does not reap much benefit from the hold
in fact there is no interest on all of this money from millions of people
it does not exist..............it is simply bad info
most peope rarely have to deal with paypal anyway
the problems that really irk people all start with ebay
many people spend hours on the phone with ebay but little time with paypal
it is designed that way and I have to say,it works for me
if you are getting bad news in your email
chances are its from ebay
the suggestion that was made by you goes against the spirit of the community
the community here wants to be inclusive
its is always recomended that members stick around rather that leave
09-01-2019 10:31 AM
It most commonly comes from new sellers that haven't reviewed the policies before starting to sell on Ebay. They learn the rules by SURPRISE and experience. Instead of doing their homework to at the very least learn the basics first.
09-01-2019 10:42 AM
@2320dillon wrote:Recently I have been liquidating my life collection of photography equipment. I noticed that after a sale the funds were on hold. I thought the buyer was having trouble but no, PayPal was holding the money totaling $7000. I spent 5 hours on the phone being told to try a new browser and such nonsense. Finally, the 4th person I talked to said it was my items over $1000 that put a hold on all my money. Even after my buyer received a $1600 camera ((13 days)) later that money is still frozen. Paypal told me to ask the camera, my buyer, to leave a review stating he got it. Well, he did that for me but my stolen money is still unaccessible. PayPay is a Black Hat business and thousands of people like me have been bullied and ripped-off by them. I suggest never using eBay or PayPal again. if you are interested in doing the right thing. Thank you, Tim
If you have slow sales for low dollar amounts and suddenly sell $7000 worth of items your money will be held. Paypal is looking at this as a possible scam.
09-01-2019 10:51 AM
Looks like you also canceled a transaction recently, depending on which option you used, you probably got a serious defect for that, that also comes into play with your hold. You can check that in your dashboard.