Do you feel my pain?

inverser · #1 10-17-2009

:(

Burning · #2 10-17-2009

Wow, that is alot of money. How much reserve have they set on your account. It is recommended that you have multiple paypal to receive payments instead of having 1 main paypal account.

inverser · #3 10-17-2009

Quote:

Originally Posted by yozalo

Wow, that is alot of money. How much reserve have they set on your account. It is recommended that you have multiple paypal to receive payments instead of having 1 main paypal account.

I know! :(

It's a $5000 reserve at 5% for 90 days.

I hope to setup other eBay/PayPal accounts very soon. I guess I have no recourse at this point. I've been procrastinating long enough. :/

Burning · #4 10-17-2009

5% is not alot though. I know some other sellers who got about 15%. It just depends on what item you are selling and the risk involved.

inverser · #5 10-17-2009

Quote:

Originally Posted by yozalo

5% is not alot though. I know some other sellers who got about 15%. It just depends on what item you are selling and the risk involved.

15 percent?! That's insane! IMHO, that's tantamount to theft. :rollseyes:

Burning · #6 10-17-2009

I was looking on google and I found a website which said that paypal is aloud to reserve up to 20% of you money.

Hottest_eBay_Goddess · #7 10-17-2009

@20% they'd get a visit to their headquarters. lol

inverser · #8 10-17-2009

Quote:

Originally Posted by yozalo

I was looking on google and I found a website which said that paypal is aloud to reserve up to 20% of you money.

A 20% reserve would put me out of business. Sad but true.

inverser · #9 10-17-2009

Quote:

Originally Posted by Hottest_eBay_Goddess

@20% they'd get a visit to their headquarters. lol

And maybe even dinner a very posh restaurant!!