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Old 08-17-2017
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Default 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.
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Old 08-17-2017
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Default Re: Paypal fees turns account negative

the 21 day hold is normal for newer accounts, it doesn't have a date when it'll stop, but if you keep shipping fast and get good feedbacks, it'll eventually drop.

To pay for invoices set up a secondary source like using your gift card or so.
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Default Re: Paypal fees turns account negative

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Originally Posted by SaiJin View Post
the 21 day hold is normal for newer accounts, it doesn't have a date when it'll stop, but if you keep shipping fast and get good feedbacks, it'll eventually drop.

To pay for invoices set up a secondary source like using your gift card or so.
Hello, I appreciate your response. The thing is the fees are automatically deducted, but on past accounts it has been from the money that I receive. Lets say I sell for $50, then the % fee is already deducted before my money hits PayPal account. But since this money was put on hold, the fees were paid by my PayPal balance.
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Old 08-17-2017
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Default Re: Paypal fees turns account negative

That's odd... I'm looking at my accounts and the fees are auto deducted before the final $ shows up on my accounts.
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