Paypal holding funds for a transaction
Hi all.
Yesterday I had £170 in my paypal account. I decided to withdraw it all into my bank account.
Today I got an email from ebay saying the withdrawal had been cancelled and reversed back into my paypal account.
One of my recent transactions was one for £55. It seems that paypal have decided that that particular transaction could be “potentially problematic”, and have placed a hold on it. That’s why they reversed my withdrawal.
They want me to provide a tracking number. Luckily,I haven’t processed and dispatched the £55 transaction yet, so when I do, I can send it registered delivery and obtain a tracking number to give to paypal.
What really gets to me though, is the f***ing nerve of paypal. What right do they have reversing a withdrawal like that?? I’m really pissed off. They seem to be doing whatever the hell they want.
Why did paypal pick out this particular transaction to place a hold on? Is this something they do quite often? Does it depend on if the transaction is for a high amount of money? Will it happen again at some point?
It’s really annoying because I generally do not send out my goods with a tracking number. Not only is recorded/registered delivery more expensive, but it would mean me having to spend an hour at the post office everyday, with 10 - 15 parcels in my hand, filling out forms..etc..etc..
I prefer to just buy and print out my stamps online, stick them to my parcels, and drop off my parcels at the post office at the end of each day. It makes like a hell of a lot easier. But what now? I gotta send everything RECORDED DELIVERY incase this paypal thing happens again??
p.s. this transaction in question was not ebay related. It was a sale through my website.
|