| kanye | 08-17-2017 08:23 AM |
Paypal fees turns account negative
I sell on Grailed, a market for streetwear/designer clothing, and they have a 6% fee that they combine with PayPal fees 3% or so, so in total 9% or so. I sold an item for the second time on this 1 week old account for $57. Grailed uses invoices/goods&services
The money was sent to my account with a 21 day hold, never had this before but I have read that this is normal? Is this to be expected? Also I saw that since the $57 was reserved, the fees were not deducted by that amount, but by the available funds in my PayPal. I had $20, and they took around $6. What happens in the future when I sell and the money goes on a 21 day hold and I don't have available funds in my PayPal?
Also how do I handle the whole 21 day hold thing? Do I just keep selling and have my funds being held by PayPal for 2 weeks after uploading tracking? When will this stop?
I operate on a swedish PayPal account. | 
