Mujitsu and Tairaku's Shakuhachi BBQ

Moran from Planet X · 2010-04-07 16:33:38

Recently ran in the situation on PayPal that if you sell an item on eBay, even as is, PayPal may hold payment to you up to 21 days for no reason at all.

You can have a perfect track record and good activity record, but they can keep your money for 3 weeks on a whim.

It is designed (if you want to call it that) to protect against the seller committing fraud upon the customer. A good intention, but a move that punishes the hundreds of thousands of sellers with 100% ratings.

On top of it, PayPal get's to make interest on your held funds, hence the new term (which I think I may have coined): The PayPal Tax™

madoherty · 2010-04-07 16:41:30

I ran into this recently. They "released" the funds once the buyer gave positive feedback.

airin · 2010-04-07 16:50:36

Yeah, things are a'changing....from a buyer's point of view I was penalized recently too. In spite of having a flawless rating with ebay and having ample funds in my paypal account, ebay held back my paypal payment on an item for over 6 days causing me to miss a timeline I had set because the seller would not ship the item until my payment came in.

This is a new process on ebay's part and I am confused and unhappy about it.

In all my previous transactions on ebay, I have paid for purchased or won items immediately via Paypal and often the seller shipped the item to me that same day. Smooth and efficient. Now what am I going to expect? Why the change?

I'd say if it ain't broken why are they trying to fix it?!

lowonthetotem · 2010-04-08 10:01:31

Pay Pal tax? I suppose.

Income Tax? Shhhhhh ...

Mujitsu and Tairaku's Shakuhachi BBQ

#1 2010-04-07 16:33:38

Are you paying the PayPal Tax™ ?

#2 2010-04-07 16:41:30

Re: Are you paying the PayPal Tax™ ?

#3 2010-04-07 16:50:36

Re: Are you paying the PayPal Tax™ ?

#4 2010-04-08 10:01:31

Re: Are you paying the PayPal Tax™ ?

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