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-   -   PayPal randomly stop holding funds (https://www.aspkin.com/forums/paypal-talk/57849-paypal-randomly-stop-holding-funds.html)

horse9118 03-16-2013 09:42 AM

PayPal randomly stop holding funds
 
Made a new PayPal last week and processed about 40 transactions so far. Of those 40, funds from 2 transactions were released immediately and the rest of them were subjected to the 21 day hold. So was it a glitch from PayPal that accidentally released my funds or is there some pattern to it?

vogeltron 03-18-2013 02:31 AM

It is kind of weird how they work. I had a PayPal where I had a Rolling Reserve I don't know if they still use it. But they would automatically hold 10% of everything I received for like 60 days before it was available for withdrawal. Had it for like 3 years. It just got taken away last week.

sax4 03-18-2013 02:48 AM

Re: PayPal randomly stop holding funds
 
By any chance, were those two to overseas customers?

Sandy D 03-18-2013 09:30 AM

Odd this to happen.

But it is paypal and they never do the same thing twice.

Nice for you tough.

horse9118 03-18-2013 01:14 PM

Quote:

Originally Posted by sax4 (Post 432140)
By any chance, were those two to overseas customers?

Nope, all US customers. Just an update, processed 10 more transactions and one of them was released immediately. So 3/50 total, I guess I'm just lucky. Lol

gulaga 03-18-2013 01:55 PM

experienced the same on a few accs
on another account the holds were on the first 3 transactions, then each next one was released straight away and its like that till present

sax4 03-18-2013 02:01 PM

Re: PayPal randomly stop holding funds
 
Ok for anyone's reference, overseas transactions are not subject to holds(to the best of my knowledge, in UK at least)

gulaga 03-18-2013 05:06 PM

Quote:

Originally Posted by sax4 (Post 432263)
Ok for anyone's reference, overseas transactions are not subject to holds(to the best of my knowledge, in UK at least)

you are wrong as far as i have experience, UK accounts have holds for overseas transactions too, not that much as the US, but the holds still apply to a few

sax4 03-18-2013 05:07 PM

Re: PayPal randomly stop holding funds
 
Quote:

Originally Posted by gulaga (Post 432285)
you are wrong as far as i have experience, UK accounts have holds for overseas transactions too, not that much as the US, but the holds still apply to a few

Could well be, I have only just discovered this.

megalon 03-19-2013 04:37 AM

Are you all experiencing holds on payments earned outside of ebay as well? For example, from your own website or something like bigcartel?

eykash 03-19-2013 04:47 AM

From my personal experience: PP places hold on 1 from about 100-150 overseas transactions.

rsot 03-19-2013 09:28 AM

Quote:

Originally Posted by horse9118 (Post 431663)
Made a new PayPal last week and processed about 40 transactions so far. Of those 40, funds from 2 transactions were released immediately and the rest of them were subjected to the 21 day hold. So was it a glitch from PayPal that accidentally released my funds or is there some pattern to it?


I had this happen with 20 transactions on a month old account - 14 held 6 released immediately - tried deciphering a pattern but i think pp has an auto system that holds 4-5 of a given sale and releases 1 out of "kindness" if all sales are the same shrug

rsot 03-19-2013 11:01 AM

Quote:

Originally Posted by horse9118 (Post 431663)
Made a new PayPal last week and processed about 40 transactions so far. Of those 40, funds from 2 transactions were released immediately and the rest of them were subjected to the 21 day hold. So was it a glitch from PayPal that accidentally released my funds or is there some pattern to it?


I had this happen with 20 transactions on a month old account - 14 held 6 released immediately - tried deciphering a pattern but i think pp has an auto system that holds 4-5 of a given sale and releases 1 out of "kindness" if all sales are the same shrug

Laritha 03-19-2013 11:06 AM

Usually with the same exact item sold multiple times, shipped fast, and with positive feedbacks.

Gamefreak 03-19-2013 07:29 PM

Ive noticed if old buyers purchase from you they will do that.. I dont mean age old and mean old to paypal itself.

Also has to do with category you sell in

alwaystrying 03-22-2013 01:00 PM

How do you get a 21 day hold off of a 4 month old paypal account. I sell on other sites Not ebay.tracking info for every item made through paypal and no returns or complaints but still that damn hold. I thought it would lift by now. I do not need trickling money I need all my funds.Should i just wait and see if they do it on their own or if I do the confirm identity I feel it will be limited?? any suggestions


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