Paypal/eBay Hold Funds Policy, BEWARE OF PAYPAL WHILE USING EBAY!

[General_01]

That policy is going to hurt everyone before it's done with.   

I bet if that Hold Funds crap policy wasn't on you would have gotten your item. 

Jeff, would you ship something out before you had the funds?

As for me.. my answer would be kinda like this "I don't think so".

Jim, I think it is a good policy. What if Jeff sent him the money and the guy took his money and didn't ship? Now it's a big PITA for Jeff to get money back because the seller's Paypal account would be empty. At least Paypal can get Jeff his money back because it is still in the seller's account. Just my  .

[MoparManJim]

That policy is going to hurt everyone before it's done with.   

I bet if that Hold Funds crap policy wasn't on you would have gotten your item. 

Jeff, would you ship something out before you had the funds?

As for me.. my answer would be kinda like this "I don't think so".

Jim, I think it is a good policy. What if Jeff sent him the money and the guy took his money and didn't ship? Now it's a big PITA for Jeff to get money back because the seller's Paypal account would be empty. At least Paypal can get Jeff his money back because it is still in the seller's account. Just my  .

Well you might think it's a good policy but wait to you are on the other end  and the policy gets you  . I bet the whole tune will be different   

It sounded to me like the seller would have shipped Jeff's item if the payment wasn't holded up on him. 

[General_01]

If the seller is selling something he can't ship until he get's my money, then they should be flagged. That is just plain idiotic if you ask me.

I can understand that you are concerned about the scammer getting the item and then saying he didn't get it and being able to keep the item and the money. The sellers way around this is to send the item with a tracking number and delivery confirmation and tacking this on to the shipping costs. The scammers usually won't buy anything with this system because you can track the item and have proof for Paypal.

[jb666]

If the seller is selling something he can't ship until he get's my money, then they should be flagged. That is just plain idiotic if you ask me.

I can understand that you are concerned about the scammer getting the item and then saying he didn't get it and being able to keep the item and the money. The sellers way around this is to send the item with a tracking number and delivery confirmation and tacking this on to the shipping costs. The scammers usually won't buy anything with this system because you can track the item and have proof for Paypal.

I unfortunately have to agree. I have never sold an item I couldn't afford to ship. When the seller wrote me an email saying "I can't afford to ship this until the money clears!", I knew I was in trouble... That's not right.

I'm not condoning the new policy... Just saying that if it weren't for this policy, I'd be complaining that I got screwed right about now... Then again, I still don't have my $$ back 

[chargergirl]

Send everything traceable. Send money order. Hate paypal! They did a number with us when we didn't want their credit card...couldn't take paypal...couldn't pay through paypal. One of our feedbacks says, "Paid before I billed him". Trust your woobie...that internal voice that tells you something is wrong.

[General_01]

If the seller is selling something he can't ship until he get's my money, then they should be flagged. That is just plain idiotic if you ask me.

I can understand that you are concerned about the scammer getting the item and then saying he didn't get it and being able to keep the item and the money. The sellers way around this is to send the item with a tracking number and delivery confirmation and tacking this on to the shipping costs. The scammers usually won't buy anything with this system because you can track the item and have proof for Paypal.

I unfortunately have to agree. I have never sold an item I couldn't afford to ship. When the seller wrote me an email saying "I can't afford to ship this until the money clears!", I knew I was in trouble... That's not right.

I'm not condoning the new policy... Just saying that if it weren't for this policy, I'd be complaining that I got screwed right about now... Then again, I still don't have my $$ back 

But at least you have a better chance. Before, if you won, you would be told that they agree with you, but all they can do is flag his account and pull the money out if and when any gets put back in. At least you know he doesn't have your money yet either.

[jb666]

If the seller is selling something he can't ship until he get's my money, then they should be flagged. That is just plain idiotic if you ask me.

I can understand that you are concerned about the scammer getting the item and then saying he didn't get it and being able to keep the item and the money. The sellers way around this is to send the item with a tracking number and delivery confirmation and tacking this on to the shipping costs. The scammers usually won't buy anything with this system because you can track the item and have proof for Paypal.

I unfortunately have to agree. I have never sold an item I couldn't afford to ship. When the seller wrote me an email saying "I can't afford to ship this until the money clears!", I knew I was in trouble... That's not right.

I'm not condoning the new policy... Just saying that if it weren't for this policy, I'd be complaining that I got screwed right about now... Then again, I still don't have my $$ back 

But at least you have a better chance. Before, if you won, you would be told that they agree with you, but all they can do is flag his account and pull the money out if and when any gets put back in. At least you know he doesn't have your money yet either.

Which is very true, and in this case $180 worth of comforting advice 

[Nacho-RT74]

we are talking about different stuff... sellers are using the policy argument to not ship untill cleared... system just works if the rest works... I can't believe on ppl waiting for the payment clearence to ship. I can't believe you can take $5, $10 or $20 to ship to get it refunded as soon payment is cleared what maybe can take just a week

Is not policy fault, is SELLERS fault

Unbeliable

[451-74Charger]

When I sell anything, I have funds in paypal that I leave there to cover carges and the NEXT shipping cost. I never run it on empty, so the "cant ship because waiting on funds" does not apply to any of my sales.

If used properly Ebay and Paypal are your friends, and the hold shouldnt worry you. however if you are light on funds and are using Ebay to raise some cash, you have to be prepared to wait a little longer.

[MoparManJim]

we are talking about different stuff... sellers are using the policy argument to not ship untill cleared... system just works if the rest works... I can't believe on ppl waiting for the payment clearence to ship. I can't believe you can take $5, $10 or $20 to ship to get it refunded as soon payment is cleared what maybe can take just a week

Is not policy fault, is SELLERS fault

Unbeliable

Well, here is one person that is not stupid, if you want to get burn by sending something out and THEN waiting for the money to clear.. then go right ahead bud. But any body out there that does business mostly the sellers, even the stores will tell you "no cash, no item".  It's all the same thing most, cash exchanging hands for items  . Doesn't matter if it's on online auction or at a store, your still doing business with cash in a way. And most sellers I know of wants the cash before the item leaves them. Why should this be any different. I don't know how business works over there but here in the Sates people (sellers and store owners) ten to want the money up front though. 

Also when you say about shipping, have you ever thought of this. Maybe the person doesn't have the money in his/her pocket to ship the item (That's why he/she stated in his add buyer pays shipping) so that is why buyer pays shipping for  . Then when Paypal plays the hold game that hurts the seller even more because now they can't afford to ship the item. Not everyone in life has it made. For the ones that doesn't have it made and can't afford to pay the shipping out of there pockets is the ones that is mostly being hurt by this stupid policy which they shouldn't even have when all they are is just a money transfering place that transfers funds for people the last I heard. There is people out there that works hard and sells stuff on eBay for alittle help also to put food on there table for there family's and more likely pay bills also. This policy is hurting alot of them.

[MoparManJim]

When I sell anything, I have funds in paypal that I leave there to cover carges and the NEXT shipping cost. I never run it on empty, so the "cant ship because waiting on funds" does not apply to any of my sales. If used properly Ebay and Paypal are your friends, and the hold shouldnt worry you.

You may say that now, but wait to they hit you. I bet you will be singing another tune 

however if you are light on funds and are using Ebay to raise some cash, you have to be prepared to wait a little longer.

That is mostly why people sell on ebay for is to raise alittle cash to help them out on thing. Either wait for Paypal to decide when to let you have your funds that they shouldn't even be holding, or just don't use them at all. Plain and simple. 

[jb666]

Well, as of tonight I finally got my $$ back. It's been a full month..

Today was day 7 for the seller to respond. THIS MORNING he wrote to me "Don't worry, I'll be shipping soon!". I said "Soon isn't acceptable, thanks" and I escalated the case... Then I got this..

Good news! eBay Customer Support has reviewed the case and made a final decision. We issued you a full refund of $253.53 on Jun 21, 2010 through PayPal. The refund includes the purchase price plus original shipping

It was more than I thought 

[Nacho-RT74]

so IT WORKS!...

just exactly what I told, without need to open a long dispute. Paypal didn't lost, neither buyer. End of case. SAFE.

At the end, you can allways use MO if you are not agree

[Brock Lee]

If the seller is selling something he can't ship until he get's my money, then they should be flagged. That is just plain idiotic if you ask me.

I completely agree. If the seller doesn't have a couple bucks on hand to ship, then maybe they need to find another way to raise money. Some sellers lose motivation once they have the money in their hands. They hustle to sell, but lose steam once the money is in (and often spent). These types need to have a reason to complete the sale in a timely fashion. Holding the money is the only way to do it.

It also helps prevent the sellers that list items inaccurately, deceitfully, or inappropriately as they know once the buyer receives the shoddy product, they likely will file a claim and get their money back.

[jeryst]

so IT WORKS!...

just exactly what I told, without need to open a long dispute. Paypal didn't lost, neither buyer. End of case. SAFE.

At the end, you can allways use MO if you are not agree

It's all bullcrap!

ebay owns Paypal, so they are greedy and want to make money at both ends. They dont care about the sellers any more. They want to protect buyers from shady sellers, but will do nothing to protect sellers from shady buyers. There are plenty of other auction sites that dont police their transactions, and no one is screaming. ebay is just getting to be a Nazi entity, wanting to control everything that happens in order to protect us from ourselves. Sound familiar?

Here's the kind of thing that is happening. Shady buyer wins an auction. Money goes into Paypal. Seller ships with tracking. Buyer files claim that product is not as advertised. Buyer sends empty box back to seller, insured with confirmation/tracking. Seller gets empty box. Seller contacts ebay/Paypal. Buyer provides shipping receipt and delivery confirmation to Paypal. As far as Paypal is concerned, the items was returned. Paypal refunds money, buyer gets free item, seller gets hosed. Paypal will not do anything to help the seller. Seller cant even leave feedback to warn others. Dont believe me? Try it. It happened to a friend of mine.

I dont sell on ebay at all any more, and if I want to buy something, I email the seller and ask if he takes credit cards or postal money orders. Almost all of them are willing to take something other than Paypal, they are just not allowed to say so. Talk about censorship! The rating system FOR BUYERS AS WELL AS SELLERS, is the only thing that is needed. It allows you to sort out who is good and who is bad. It should have just stayed that way.

[Nacho-RT74]

ok, I still don't get how you can get scammed by a buyer... you get the money ( even holded momentarilly by Paypal ), then you send, IS ALL YOU NEED!!!! if you don't get the money ( or the third part like actually it is ) you don't send... what protection seller does need from a third part ? Seller just need its own protection.

Buyer can send the money and still don't get the item or be cheated about the conditions. For example I got a Fan clucth stated wasn't used because clearence problems. Just it has some mounting scratches on clutch shaft ( probably to hold the assembly for a while you get tighten ). On box it was dragging as must be, but once I mounted and with engine on operating temperature I'm able to wind and will spin allmost 3/4 of turn. So the clearence deal couln't be true and I could be cheated being maybe the seller DID KNOW THAT. Of course being outside USA would be harder to make effective the new policy... but if was you, you could acclaim something is wrong with the item and get returned the item and the money by the description or reasons being not true.

On a shop, you can return the item at the counter if is not what you expected, but who makes that posible on an on line deal ? specially if seller intention was cheat the deal.


You can be able to critic ebay, or paypal for any other stuff or policy ( feedbacks, fees, etc.. ) and I can be agree with you, but for this new policy, I can't be agree on your critics. You are postring critics just because you want the money INMEDIATLY, and you can't wait some time, like some buyers already have to wait to get shipped the item... By now, NOBODY have acclaimed never got the money or got a problem for the new policy, so by now NOBODY has been really affected by the policy itself, like never got the money or something like that.

If you get the delay on the payment will be still by the buyers fault not for the new policy. System will work if every gear on the chain keeps moving on right time.

[Nacho-RT74]

Here's the kind of thing that is happening. Shady buyer wins an auction. Money goes into Paypal. Seller ships with tracking. Buyer files claim that product is not as advertised. Buyer sends empty box back to seller, insured with confirmation/tracking. Seller gets empty box. Seller contacts ebay/Paypal. Buyer provides shipping receipt and delivery confirmation to Paypal. As far as Paypal is concerned, the items was returned. Paypal refunds money, buyer gets free item, seller gets hosed. Paypal will not do anything to help the seller. Seller cant even leave feedback to warn others. Dont believe me? Try it. It happened to a friend of mine.

mmm interesting... never thought on that... then the policy would need to be corrected in both ways getting confirmation at Paypal from both sides. But still I don't think is going on the wrong way, just get better.

If that is happening now, it was somehow happening before then. No reason why wasn't happening before

[MoparManJim]

You can be able to critic ebay, or paypal for any other stuff or policy ( feedbacks, fees, etc.. ) and I can be agree with you, but for this new policy, I can't be agree on your critics. You are postring critics just because you want the money INMEDIATLY, and you can't wait some time, like some buyers already have to wait to get shipped the item... By now, NOBODY have acclaimed never got the money or got a problem for the new policy, so by now NOBODY has been really affected by the policy itself, like never got the money or something like that.

If you get the delay on the payment will be still by the buyers fault not for the new policy. System will work if every gear on the chain keeps moving on right time.

Dude, go to www,PayPal.com and read there web site (I heard only alot of there web site are starting to have alot of errors on and some pages doesn't even work now), read what is says, what they pose to be originally doing by stating on there own web site. THEN go to the "Help" link and then on that page off to your right up in the small box, you will see a small ladys head. There will be a afew words there with the Help being the first word at the end "Help ...." click on that and then go to Watercooler, the one under it also and then drop down to Receiving Money and look in there as well. I think you find something out that your not aware of  . Now at this time remember what all you read on there web site before getting to the forum. Then after reading there forum see if anything doesn't sound right about them from what they stated on there own web site. But all I will say is if you agree with there new policy then you are no better then the buyer, I'm sorry to say that.. because if a buyer agrees to there new policy, then a buyer might try to pull a fast one also as that is probably why they like the idea for. I'm not saying your that way at all but "some" out there would though if they seem to like it. A scammer could get the item, then do something. PayPal with this new idea of there's is kinda gone to the scammers side. I also understand if the seller was trying to rip you off they wouldn't have the money either. But this policy of PayPals is not right to the good sellers though. And this policy goes against everything what PayPal states on there own web site to. But seeing on how Paypal is treating all it's good sellers now, I have change over to another place and it looks like others are doing the same.. at least they are smart enough and know better.  

And before anyone says you have to accept Paypal for on eBay, your wrong as eBay accepts around 5 online payment methods and PayPal is just one of them. Why play the PayPal game for when you can avoid it all togother.  

[MoparManJim]

Here's the kind of thing that is happening. Shady buyer wins an auction. Money goes into Paypal. Seller ships with tracking. Buyer files claim that product is not as advertised. Buyer sends empty box back to seller, insured with confirmation/tracking. Seller gets empty box. Seller contacts ebay/Paypal. Buyer provides shipping receipt and delivery confirmation to Paypal. As far as Paypal is concerned, the items was returned. Paypal refunds money, buyer gets free item, seller gets hosed. Paypal will not do anything to help the seller. Seller cant even leave feedback to warn others. Dont believe me? Try it. It happened to a friend of mine.

mmm interesting... never thought on that... then the policy would need to be corrected in both ways getting confirmation at Paypal from both sides. But still I don't think is going on the wrong way, just get better.

If that is happening now, it was somehow happening before then. No reason why wasn't happening before

No no, you said you agree with the policy. Why correct it for if you agree with it?  

Well for the Hold Policy, I found out they put it into effect back in 2008 when that new guy took over PayPal, even at that time people (sellers) didn't approve of it either, I heard that is why alot of people stop selling on eBay for also. Plus I found something else out also that you might find interesting. Did you know that during certain times of the year PayPal would all a sudden come down with a glitch in there system so they claimed and they after a quarter part things would go back to normal. I heard what is going on now also happen back in the winter time also. Plus are you aware that at any given time for no reason at all PayPal can take and freeze your account and doesn't have to tell you at all one reason why they did it for? Also if you have a spike in sales all a sudden they can also freeze your account up? I bet folks out there didn't know that. I didn't either until I did some research a week or a so go back on them.  

[Nacho-RT74]

well I have not read completelly everything there, but I'm based on what ppl is posting here

EDITING...

No no, you said you agree with the policy. Why correct it for if you agree with it? 

well, never thought on SOME PPL able to ship an empty box. So I still think is going on the right way but needing some mods to save both sides, at least on this case

[MoparManJim]

welll I have not read completelly everything there, but I'm based on what ppl is posting here

I think you might want to read for your self on there own site  then read what the folks here are saying. You might see another picture of it all and what PayPal is really doing to the people. 

[451-74Charger]

MoparManJimm it sounds like you have a 1 man vendetta against paypal

[MoparManJim]

MoparManJimm it sounds like you have a 1 man vendetta against paypal

Nope, just don't like what or how they are treating there other customers is all.  Plus I been over there web site afew times already and they are mis-leading people as well with what they are doing and with what they state on there own web site. The people they are hurting is the ones that made them grow to what they are today. 

[451-74Charger]

So now finally, I am now experiencing the PayPal "hold" on my sales.
Seller with 100% feedback and selling something that I dont consider high value, got Paid, pending 21 days.

So now I will ship the item and hope the seller doesnt screw me over.

I NOW feel the pain.


Actually, its only 1 item so its not too bad for me, but I can see how this could mount up easily. and with pending payments, it could be easy to skip/miss one your expecting.

and per paypal:

Can held funds be used to pay for shipping?

If you print labels and pay for shipping through PayPal or eBay, the cost of shipping will be released from your pending balance shortly after purchase. Printing labels on eBay and PayPal is free. You're charged only the cost of shipping.

[MoparManJim]

So now finally, I am now experiencing the PayPal "hold" on my sales.
Seller with 100% feedback and selling something that I dont consider high value, got Paid, pending 21 days.

So now I will ship the item and hope the seller doesnt screw me over.

I NOW feel the pain.


Actually, its only 1 item so its not too bad for me, but I can see how this could mount up easily. and with pending payments, it could be easy to skip/miss one your expecting.

and per paypal:

Can held funds be used to pay for shipping?

If you print labels and pay for shipping through PayPal or eBay, the cost of shipping will be released from your pending balance shortly after purchase. Printing labels on eBay and PayPal is free. You're charged only the cost of shipping.

I hate to say this, but sense people on her wasn't effective by this at first and was saying stuff at me.. well now I will use a line from what RD said to me. "I guess when you do shoddy stuff, your will get caught" and sense I was getting accuse of that because they was starting to hold funds from people and some people said it must have been something I did. I must ask you bud, what did you do?  . And also do you agree now with what they are doing sense it effected you?   

I guess alot of sellers are doing something wrong or shody    because so far alot of people are having this happen to them. 

BUT I must point out something here, 451-74 Charger, what is your feedback up to? is it over a 100? Because that is what there one rule states that anyone under a 100 will have this hold place on them UNTIL they are over a feedback of a 100.   

Now the rumor has it that if you use there tracking or when you ship something you upload the tracking info in and after the package has been confirm delivered 3 days later the funds "pose to be" release BUT rumor also has it that for that to happen you "have to" call PayPal up  and see if they will release your funds  . So far I have been hearing alot of horror stroy's on that part alone not to mention the rest of the trans. Rumor has it that if you don't do that stuff, you will have to wait for the buyer to leave you pos feedback and see if good ol PayPal is listen and if they feel like it to release you funds then and if not you will "have to" wait the 21 days or maybe even longer to get your funds  IF a person doesn't file a dispute with you..   

Welcome to the club on the PayPal Lets Hold Your Funds For 21 Days    , sorry man I couldn't resist that part.