on โ02-12-2014 11:47 AM
Just noticed that l have not used my selling account id. for quite a while. Opened it on the 24th May 2014, only sold one item. Will l now fall under the 21J day money hold ???? l buy more than l sell off ebay, maybe should have used it more often. Now l feel the worst, must finance postage out of my own pocket, send item, and the await the generosity of greedy bay. l suppose this is what is going to happen to me, right ?
on โ02-12-2014 04:33 PM
I had not used any of my 3 selling accounts between the end of April and the beginning of November and there is no hold being put on any of my payments from any of the ids.
on โ02-12-2014 05:07 PM
Thank you pj, as usual from you, good solid advice. Was not sure, thought better to ask. May talk to you later, cheers.
on โ02-12-2014 05:11 PM
Was going to ask the same question, but see other op has so thought l would hop on the thread as well. not sur if allowed though.
on โ02-12-2014 05:16 PM
@i-love-my-sheep wrote:They can use some of the interest money they are making off members money while they hold onto it.
Can you imagine just how much that could be ? Across the eBay/paypal board alone....
Any new seller under (whatever paypal/eBay have decreed) multiplied by thousands/hundreds of thousands, multiplied by the amunt of the sale, multiplied by 21 days...........
we are in the wrong game sellers !
on โ02-12-2014 05:24 PM
@phorum_junkie* wrote:I had not used any of my 3 selling accounts between the end of April and the beginning of November and there is no hold being put on any of my payments from any of the ids.
pj,
you have a history to back you up.....
where as a member who has not sold in over 6 or 12 months with low feedback and no real record of regular selling is going to find themselves restricted in this manner and be held by the 21 day rule.
I see why they are doing it, and I agree to an extent, they figure there are too many 0 FB sellers scamming the carp out of the place, but it does make you wonder why they would take action such as this, and yet blatantly ignore the real problem........the scammer themselves.
All in the name of a dollar I guess
on โ02-12-2014 05:25 PM
You are 100 % correct, it is called SHORT TERM MONEY ACCOUNT, where they "hold" your money, and float it on the 14 day money market, and collect heaps of interest/capital funds. Any Banker or Finance Broker will tell you how it work.
Money goes into Bank of ebay (usa). Am l right greencat ?????
โ02-12-2014 05:39 PM - edited โ02-12-2014 05:40 PM
Not sure where it goes Attic, but it sure goes somewhere, and I am figuring eBay paypal coffers, yes.
Would be interested to hear from the new sellers after the 21 days are up - do you get the nett amount, or do you get a little interest ? LOL
If eBay/paypal are doing this to the little guys, they should waive the fee's - they make enough from the rest of the sellers out there.
on โ02-12-2014 05:54 PM
That may not work as they are holding my non eBay mondey in PayPal also.
Yes I kid you not!
Similar policy wording attached to the money they have on hold there also.
on โ02-12-2014 07:23 PM
If Paypal are not allowing sellers to receive payment for their items......Do Not Post!
PayPal have your money.....Aus Post have your money.......Customer has your item.
You would have to be insane to now consider that receiving a paypal payment, means you've been paid.
on โ02-12-2014 07:57 PM
That's what I mean.... i think people are reading a PER MONTH stipulation into these rules that is non-existent. It says you must have sales, but it doesn't say it has to be PER MONTH, it's a one time threshhold..... right?