Paypal Holding funds for 6 months
Is there anything that can be done about Paypal holding funds?
I opened a Paypal account. I wanted to protect my identity and therefore used a nickname to open the account.
I then sold £200 worth of goods on ebay. I actually sold another £2000 worth of items, but cancelled the sales and refunded the buyers when I realized my account was limited. I explained to the buyers that I could not ship expensive items, while this was going on.
Paypal, requested proof of ID at which point I explained that I had used a nickname on the account. After many emails going back and forth, they now inform me that they are holding funds for 180 days, after which time I will be able to withdraw them.
What right have they got? I have sold items, paid for postage, and sent the items. They have all been received by buyers and confirmed through tracking numbers. I am out of pocket, with no goods and no money.
Is legal action worth the effort?
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