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Well hats off to the oxygen-starved morons! They've really done it this time!

Listen to this garbage.
Our main account has almost 1800 ratings, a feedback score of 99.8%.  We have bronze powerseller status, and our account is always PRE-paid so that we never have a bill at the end of the month.  Registered for about two years.

Rep

 

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We decided about a month ago to open a second account just to use for clearance stuff - to keep it separate from our main sales, and to make cheapies easy to find for buyers.  I had mulled it over before, but couldn't be bothered with all the ' work your way up to selling'  garbage so hadn't bothered.  An Ebay rep, who I contacted over the phone via the national relay service as I'm hearing impaired, told me that it wasn't necessary to do that because we already have an established account.  "Bewdy!" thinks me.  Opens a second account, and messages to say ' ok lift the lid, this is who I am' .... yeah... NOT.  So we've had the slow crawl month by month to have the selling limit raised.  Annoyed, but dealing with it... just.

 

Today I logged on to list a few more clearance items. AND SAW FIRE ENGINE RED.  NOW there's a notice up saying that due to being a relatively new seller bla bla bla reputation safety bla bla bla Paypal funds for transactions will be held for UP TO 21 Days! UNLESS there is a dispute in which case it can be LONGER.  I use the same paypal account for both usernames, so only funds from the clearance account are subject to this ridiculousness.

 

HOW are new sellers in particular, going to POST items for which they cannot access the funds?  I mean MY personal objection is on principle, but if I were just starting out, and doing it because I was broke, I would be UNABLE to post until funds had cleared.
What the hell are they playing at?

 

Ok rant over.  FOR NOW.

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Well hats off to the oxygen-starved morons! They've really done it this time!

It was implemented primarily because at a point in time sellers were easily scamming buyers and reunning off with the money. The system was implemented so that it would minimize them.

 

For genuine sellers, it really is just simply waiting the full 21 days and then has the limit lifted. Since you already have an established eBay account it might be worth it to call PayPal and attempt to lift off the limitation, otherwise just simply wait out the 21 days and the restriction should be removed anyways. Its not that bad when you consider other companies like Apple where they pay out to developers 2 months after the buyer have purchased constantly, where as on eBay you only need to cop 21 days and then the limitation is lifted and you still get your money in the end.. (assuming the buyer doesn't open a dispute).

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Well hats off to the oxygen-starved morons! They've really done it this time!

I simply removed my listings and put them back on my established account.

My issue is not for me, as I said, it's for those who are starting out and actually NEED the postage cost paid for by the buyer in order to post the items TO the buyer.

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Well hats off to the oxygen-starved morons! They've really done it this time!

I'm agreeing with you here.  For those who post large letter, postage cost would not be a major issue.  

 

But if you take someone like me who has been known on more than several occasions to fork over $90-$110.00 to AP at one time, and then be back there a couple of days later paying over another $40-$50-$60,  It soon adds up!!  And that was before the money was in my bank account, but at least I knew it was only a couple of days away - not 3 weeks.

 

Those new sellers are in a rock and a hard place - if they don't post, then it's INR cases opened, negs, defects.  They'd be out of eBay before they got a chance.

 

I understand that it is one PP's new policies, and IMO unfair to financially penalise sellers, whilst PP puts those funds on the short-term money market . 

 

 

 

 

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Well hats off to the oxygen-starved morons! They've really done it this time!

Treasures, where abouts did that notice appear? A good mate of mine opened a second selling account a few weeks ago, linked to the same PayPal address, it would be great to let him know if it's going to be an issue for him too.

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Well hats off to the oxygen-starved morons! They've really done it this time!

I agree that this has the potential to cause some issue for sellers, particularly when the postage isn't exactly low, and don't necessarily agree with PayPal's decision to do this (especially from established sellers) but I did want to post some further information, just so everyone has a clearer idea how this might affect them, if at all...  

 

This isn't strictly, or exclusively, a PayPal issue, it is linked with eBay and the account history of the ID accepting the payments.

 

The 21 days is the longest time money will be withheld for (unless there are other issues like INR etc), otherwise the funds are released after 3 or 7 days (3 if you buy postage on eBay, 7 if you just mark the item as sent). 

 

Once the ID has an established selling history (first sale at least 90 days old, had at least 25 transactions and $250 or more in sales), the payments will then most likely not be subject to a hold.

 

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Well hats off to the oxygen-starved morons! They've really done it this time!


@digital*ghost wrote:

 

 

The 21 days is the longest time money will be withheld for (unless there are other issues like INR etc), otherwise the funds are released after 3 or 7 days (3 if you buy postage on eBay, 7 if you just mark the item as sent). 

 

 


Sorry - I double-checked and saw I totally go that wrong. http://sellercentre.ebay.com.au/funds-availability

 

Based on your postage method and information you provide us, funds that are temporarily placed on hold should be available:

  • 7 days after your latest estimated delivery date when you manually upload tracking information or mark the item as posted in My eBay.
  • 21 days after your buyer pays if you don't upload tracking and you don't mark your item as sent in My eBay.

 

I suppose that would actually mean a longer than 21 day hold if your ETA was more than 2 weeks. 😞

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Well hats off to the oxygen-starved morons! They've really done it this time!

This must be something very new. We opened other selling IDs over the past couple of months and never had anything like this happen. Just set them up and started selling. Linked into existing PayPal account.
Obviously had to deal with the new selling limits as expected but nothing about funds being withheld tho. Am I missing something.
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Well hats off to the oxygen-starved morons! They've really done it this time!

I think you should contact eBay again and check that they have linked your existing account (which has had current sales and is in good standing) with your new one.

 

I can't see any reason why they would start your  holding funds as you are not a new seller. 

 

Unless as posted above, it is something new in the last month or so, even so, you still aren't a new seller.

 

Click on the link in my ebay summary - Monthly Selling Limits - Request higher selling limits to get a phone code and the phone number for the right dept. I know you don't want to request a higher selling limit, but the staff that answer that phone line should be able to tell you what's going on about the holding of funds and you can ask them to check if your previous selling ID is in fact linked to your new one.

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Well hats off to the oxygen-starved morons! They've really done it this time!


@i-love-my-sheep wrote:

Treasures, where abouts did that notice appear? A good mate of mine opened a second selling account a few weeks ago, linked to the same PayPal address, it would be great to let him know if it's going to be an issue for him too.


Had to go find it - so took screenshots - easier than explaining hon.

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and then it gives you the approx date (*cough*) on each item.

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