PayPal holds - including dreaded 21 Day Hold

[ebayhateluv]

--AGAIN.. Problem solved sooner than Later by

SHIPPING THOSE GOODS OUT ASAP>>>>>>

[imjustme]

To those facing the hold ...in what category are you selling?

[jscan]

VERO products ??

[divine422]

mainly high priced items like laptops

[Seller]

I am looking at the glass half full on this one. I think it will help our cause more than hurt it.
This will ultimately decrease the number of paypal accounts that are limited because there is less risk. Why would they need to limit accounts if they hold the funds until the buyer is satisfied. If you are not satisfying buyers, you should not be selling on ebay anyway.
So as long as you ship fast, satisfy customers I think you should see much less limitations on your accounts.

[doughboykilla]

Just another way paypal can collect intrest off the sellers money as well as haveing a way to refund the fuardlnt buyers who get there items and then compline that its the wrong item or they decide they dont want it or find it cheaper somewhere else they can easliy get the funds back from paypal then decied if they want to ship your items back or not.

F paypal and i wouldnt ship nothing till i seen the money but better yet i wont even use paypal! havent used them in about 2 years now and still made a hefty profit

[tenggo]

i guess by now you guys have seen some subtle changes with your accounts, needing credit card to open buyers account, 21 day hold on paypal payments... thats nothing, it is all just getting ready to introduce paypal as the ONLY payment method, announced here in australia a few days ago...here is the link to the anouncement...

http://www2.ebay.com/aw/au/200804.sh...08-04-10105658 there is also a petition against it
http://www.petitiononline.com/ebayau/petition.html

my guess is that if it goes through here where they are using us as guinea pigs it will be coming soon to an ebay near you...

so modee your mantra of "paypal is a dead end"
sorry mate, it will be the only thing there is soon...

[mantisinc]

Originally Posted by divine422

mainly high priced items like laptops

My items which are selling in a popular category, that are selling for around £15 each, still apply to this hold.

so modee your mantra of "paypal is a dead end"
sorry mate, it will be the only thing there is soon...

I agree, as I've said in previous posts, it is growing to become the only viable payment option.

[divine422]

Im curious how the 21 day holds are doing for people that encountered them. Do they hold every single transaction if you dont fit the criteria?

[extension]

How would you know that paypal have placed a 21 day hold on your money? Where would it say that?

[imjustme]

I never had anything being held, but from what I heard the funds are just not available for withdrawal and the payment may show as 'Pending' or something.

[Jonas]

If paypal holds your money, you can get an electronic label with tracking printed ahead of time up to a bit in advance.

[divine422]

ilmao ^^:D

[MasterChief]

I was selling stuff from one of my accounts. Fine no prob. Then when I sold the fourth - BAM! 21 day hold.

Does this mean eBay/Paypal is suspicious? Or is it random? Or does it always happen around the 4th item or after a certain amount of money?

And finally, does it mean all paypal payments from that point on will be subject to a 21 day hold?

[Exeneva]

This exact thing happened to me. Not only the fourth, but also the fifth payment sent to me. This absolutely makes me furious, because Paypal is supposed to just be a middleman, not an escrow service.

[divine422]

Great!

Ok so i havent seen anyone really monitor this process and how efficient they are in releasing the hold once shipment is confirmed. I will track the progress for future reference. And it had to be on the weekend right!

Friday, May 30th, 2008 - Buyer pays for item valued at $740 and funds instantly held at 11:30am

Im off to Canada post!

[imjustme]

I rarely sell anything above $80 so I never had a hold. But I imagine they would surely hold a $740 payment. How many points does your eBay account have? New?

[divine422]

The account is over a year old but i just recently started using it and i have 20 positive feedback. This is my most expensive item i have sold on this account. And it hasnt gone through the initial limitation (submit documents etc etc)...i was expecting that.

Another interesting thing about the hold that i just realized is PayPal said "if a buyer leaves a negative feedback but does not initiate a dispute, PayPal would release the funds to the seller after 21 days."

Ouch. So for those buyers casually leaving neutrals and negs just because they can...that can actually really screw a seller over for at least a month, if they have a hold.

[SuperBowl]

me too, they hold an amount of $273 this morning. i printed the USPS label from paypal using my cc on file. they said they will release the money if:
the buyer leaves a + feedback or 3 days after the item confirmed shipped.
i will update you guys?
i have another question : if i received several payments under $100 , they can hold the money because the sum is over $100 or they treat every single payment seperately?
thanks

[Seller]

I was given three holds this morning on amounts all less than 15 dollars.

[imjustme]

How come I never get holds, not even on $80 items on 2 week old accounts. This is so unfair.

[divine422]

are they 'hold happy' today or something.