PayPal Info
All,
You may well of seen this on PayPal however I thought I would share it.
Its obviously what PayPal see as a seller that is a 'risk' to them or what they expect you to be doing as a seller online and what they do and dont want to see from seller accounts.
Have a read.
------------------------------------------------------
Keeping transactions safer
To help protect our customers in case something goes wrong, payments you receive may be temporarily held in a pending balance. Assuming there are no buyer disputes, these will be moved into your available balance within 21 days. They may be available sooner (typically between 7 and 14 days) if we can establish there are no issues with the order. Through holds, we help to ensure that there are funds in the seller's account to cover potential claims, chargebacks and returns.
Who does this affect?
We set aside payments to ensure there are funds in the sellers account to cover potential claims, chargebacks and returns. Here are a few examples of why your payments may be placed into a pending balance
You have a limited history of selling activity on eBay or elsewhere
You are new to selling on eBay or elsewhere
You have been a PayPal seller for less than 6 months
If selling on eBay, you have an eBay feedback score less than 100 and haven't yet established a good record as a seller
You have received less than 20 Detailed Seller Ratings on eBay in the last 12 months or your eBay seller performance is below standard
You have a high rate of customer disputes or a low eBay feedback percentage
You have a sudden change in selling activities (e.g. you're suddenly selling expensive items, selling large numbers of items, etc.)
You happen to be selling in a high risk category such as tickets, travel, gift vouchers, consumer electronics, smart phones, etc.
Depending on the circumstances, we may set aside payments for a single transaction or for all payments to sellers who meet the criteria above.
|