Complaint Review: PayPal - PayPal.com - EBay EBay.com - San Jose California

Several other sellers have reported similar situations with eBay and Paypal on RipOff Report. In those cases, they were casual sellers who suddenly offered big-ticket items. One offered tickets to the Superbowl and another offered over a dozen brand new Iphones. You have not indicated what you sell or if there has been a change in what you normally sell. Both the Superbowl tickets and the Iphones are expensive items that are sometimes counterfeited. A person could sell thousand of dollars worth of these things on eBay, collect the money through Paypal, and then disappear. When the buyer makes a claim for a refund, eBay has to make good on the loss to the credit card company. eBay, therefore, is placed at risk when a seller offers high-priced items that could be counterfeit. I can only speculate that you offered something for sale that was high-priced and possibly counterfeit. It would help if you told the whole story. These kinds of problems are not limited to eBay. Several years ago my wife tried to get signed up with a credit card processor so she could accept plastic for her personal chef service. The minute she disclosed that her average sale was $350 the discussion ended. The card processor would have to make good if one of my wife's clients filed a dispute and they did not want the risk. There is also a report somewhere on ROR from the owner of a moving company whose client paid $8000 on a credit card. The processor was going to hold that money for six months to ensure that the processor did not have to eat it if there was a dispute filed.

I understand it is very frustrating when this sort of thing happens! I don't know the specifics of why you were limited so I will not comment on that except to say they don't cut ties with you unless there is past troubles, user has bad credit, or you are closely linked to someone in you company who has negative accounts with them...things like this cause them to send you the parting ways email & I don't see it very often b/c, trust me, they want your business. Either, I have speculated too much b/c I don't know your situation. However, I can explain the 180 days. PP doesn't want to hold your funds that long. They will give you every penny back(MINUS any open claims against you). They do not keep it or recoup any of their costs from dealing with you. It is very simple. If you want to blame someone then blame the CC companies & thieves. CC companies give consumers up to 180 days to file a charge back claim against any CC purchase they make. When an account is shut down, funds are held for 180 days simply because so many that are shut down do not ship mdse & do not issue refunds. In many cases, by the time the risk is detected & the account is shut down, the damage is done & not enough funds are left in account to cover charge backs filed against user. The 180 is how long they CC have given your customers to file a claim against you so PP the funds for that many days. On the 181st you can exit your funds without any issues. In the meantime, if it is a large amount of funds & you were signed up for the PP money market account you will accrue interest until the day you w/d the funds. Again, I hope I helped more then confused you! Take care MAO