eBay Paypal hold funds 3 weeks Internet
Beware, prospective eBay sellers: eBay Paypal places an indefinite 3 week hold on all the sales receipts for all new sellers. eBay Paypal will also begin placing 3 week holds on the funds of sellers whose performance the judge "below standard". Here's what eBay thinks is "below standard": 99.8 overall positive, 4.9 out of 5 in 4 detail metrics, 4.6 (!) out 5 in on detail metric. Deceitful, ridiculous & abusive.
3 Updates & Rebuttals
kcdesert06
Mayodan,North Carolina,
United States of America
Ebay is a ripoff in itself.
#4Consumer Comment
Sat, January 05, 2013
I have sold several things on Ebay, they were delivered, and my customers are happy. I'm STILL waiting for the funds to be released to me. I have filed complaints with the NC AG, and the BBB. My next step is an attorney. Ebay witholds these funds not to protect the buyer, but to use them as financial "assets". They place them in a foreign account that gathers interest quickly. In other words, they are making money off of your money. And yes, I know this to be true, as I heard it from an ex-employee.
richard
Grand rapids,Michigan,
United States of America
They have been doing this for a while
#4Consumer Comment
Tue, November 20, 2012
And its very annoying and another reason why I do not sell stuff on ebay. But ebay does not limit itself on the reasons you listed. Their computers will at times randomly select transactions that they deem suspicious and will freeze the funds. If you call someone from India will tell you that the transaction is suspicious however they will not be able to explain why. Cheap Indian labor results in stupid responses.
richard
Grand rapids,Michigan,
United States of America
They have been doing this for a while
#4Consumer Comment
Mon, November 19, 2012
And its very annoying and another reason why I do not sell stuff on ebay. But ebay does not limit itself on the reasons you listed. Their computers will at times randomly select transactions that they deem suspicious and will freeze the funds. If you call someone from India will tell you that the transaction is suspicious however they will not be able to explain why. Cheap Indian labor results in stupid responses.