Board logo

EBAY...MY RECENT EXPERIENCE
westf27 - 14/10/08 at 07:46 AM

Thought I would share this with you.Sold set wheels and tyres and the buyer paid.Checked my paypal account and money is being held for release once buyer has left positive feedback or opened dispute within 21 days.It is now five days since the feedback was left and the money has still not been released.This is supposedly part of their new policy as of march this year .They are targetting certain products and accounts with low feedback scores.
I am thinking this is some kind of financing wease ?

dogwood - 14/10/08 at 08:06 AM

quote:
Originally posted by westf27

I am thinking this is some kind of financing wease ?


Of course it is, bstds
Assuming the guy has collected the wheels. I would contact him and ask for the feedback, explaining he problem.

nick205 - 14/10/08 at 08:49 AM

Sounds to me like PayPal are trying to maximise their bank balance and create a little interest revenue

jabbahutt - 14/10/08 at 10:57 AM

I agrre with Nick, seems like a good excuse to hold onto the money for 21 days regardless and earn interest on all the money in transit.

ReMan - 14/10/08 at 12:33 PM

Hang on, is this right?
You don't get your Paypal money until feedback has been left? What if they never leave it, you get your money after 21 days?
Surely thats wrong
No wonder you HAVE to have Paypal now, bobbin rastrds