on โ03-12-2014 08:47 AM
It's not enough paypal tried to sit on my money for 21 days even that item was sent and buyer was happy now I can not transfer
money into my bank account because of some reason I do not understand.If I am lucky to fix this problem then I have to wait
another 3-5 days to have money in my bank account.Funny,when I pay for anything with paypal my money goes to paypal
without delay.
on โ03-12-2014 09:00 AM
Not only that but if fees are due and there is not enuff money in your account (notwithstanding the money they are already holding) they will automatically dip into your bank account directly from the card you have attached to your account.
So perhaps we ought to keep the linked account empty then they cannot dip into it since there is nothing there.
I'm sure then they will just suspend your selling account until you pay up. Even tho they might be holding sufficient funds that the bill could be paid.
We are not happy about this either. They are making heaps on the short-term money markets from this witholding BS.
We are developing our own website and have been leaning towards accepting paypal. But now I believe we will abandon that and just go with eWay all the way. Their fees are marginally higher but you can accept credit payments directly. And they don't have all this BS. The money is yours and in your linked account instantly.
on โ03-12-2014 10:11 AM
Must be "bad" paypal day today...!!
on โ03-12-2014 11:55 AM
"Must be "bad" paypal day today...!!"
I thought that was EVERY day!
on โ03-12-2014 12:29 PM
Can you believe this BS ......paypal as of last week have created a new rule being able to hold my funds for 21 days without reason.
What kind of extortion racket is this. What normal legal banking system would get away with such blatant manipulation.
Im absolutely fuming and that is putting it politely.
on โ03-12-2014 02:16 PM
For a small period of time, it was a good paypal day. for some unknown reason there was no hold on our funds at about 1am, so i withdrew them LMAO now the blasted hold is back on in the acc.
โ03-12-2014 03:51 PM - edited โ03-12-2014 03:55 PM
I just got this so be very careful.
I have taken the hyper links out.
Update your details for PayPal We need more information from you Just like a bank, we need to confirm the information you've given us. Please provide the requested information as soon as possible to ensure you can continue to use your PayPal account. Click Resolution Center to see the steps you'll need to complete. If no steps are currently listed, please check back in 24 hours. Until we can confirm the information you've given us, we need to limit most of the functionality on your account. For now, you can continue to receive payments but you won't be able to withdraw funds or make payments. If your account is restricted, you won't be able to send, transfer or receive funds. You can update your information in our Resolution Center. Update Card You can update your information in our Resolution Center.Resolution Center.
Yours sincerely, More Information Copyright ยฉ 1999-2014 PayPal, Inc. All rights reserved.
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on โ03-12-2014 04:01 PM
We have filed a formal complaint with the FOS this morning.
โ03-12-2014 04:33 PM - edited โ03-12-2014 04:34 PM
@evil_akuma_2002 wrote:"Must be "bad" paypal day today...!!"
I thought that was EVERY day!
There are 4 posts in the last 24 hours or so, all about the 21 days paypal payments hold.
Bad paypal..
Hello paypal,do you copy? ? ? ? ? over...............................................................................
on โ03-12-2014 04:57 PM
I use paypal and ewAy and I have to say I find paypal infinately superior. My fees are cheaper, the service I have found really good and they have always helped me when there are issues. The 21 day thing doesnt affect me but there you go someone who likes paypal!