paypal makes an interesting change of policy
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on โ18-02-2019 11:46 AM - last edited on โ18-02-2019 01:56 PM by gewens
So just read the new policy from paypal for australian sellers.
in regards to help payments... paypal are now saying sellers are not to send / post / release goods until the hold on a payment is over.
There goes ebay's right to demand sellers send goods when payments are held for 21 days.
Seeing as the payment is in your paypal, not in ebay's control, they legally cannot demand sellers send items before paypal releases the payment into your account.
Re: paypal makes an interesting change of policy
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on โ18-02-2019 12:29 PM
Re: paypal makes an interesting change of policy
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on โ18-02-2019 01:24 PM
Re: paypal makes an interesting change of policy
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on โ18-02-2019 01:35 PM
@satans-angel64 wrote:
wait.. now we wait for the community trolls to now say that ebay policy over rides paypal.. bring it on, you all know who you are.
Well if you don't believe that's the case, then go ahead and hold your items for 21 days, but don't be surprised if you end up with negs and defects on your latest selling account, because eBay's ETAs will be what the buyer will be looking at. Certainly not a date 2 weeks after that.
I really don't understand your reluctance to send items within your handling time of 3 business days, since if you can show by tracking and/or feedback that the item's been delivered Paypal will release your money after a simple phone call.
"Start me up I'll never stop......"
Re: paypal makes an interesting change of policy
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on โ18-02-2019 01:36 PM
Nothing new here -
How long do we hold funds?
For transaction holds and release amounts: Funds are usually held for up to 21 days from the date the payment was received into your PayPal account. Funds may be held for longer than 21 days if:
- We believe that the increased risk associated with you or your account remains after 21 days;
- If you are a seller, we expect the delivery time of your goods or services to be longer than 21 days;
- You receive a dispute, claim, chargeback or reversal relating to the transaction subject to the hold; and/or
- We have taken another action permitted by this agreement, such as when you are required to verify your identity.
We may release a hold earlier than 21 days where we reasonably believe that the relevant transaction has successfully completed. Any earlier release is at our sole discretion. Funds held for buyer disputes may not be released until we consider the dispute resolved (but no longer than 180 days).
Reserves and limitations: If funds you receive are subject to a reserve, we will notify you how long funds will be held for at the time of setting the reserve. If access to funds is restricted because your account has been limited, you will usually gain access to those funds after the limitation has been lifted.
https://www.paypal.com/au/webapps/mpp/ua/useragreement-full
Re: paypal makes an interesting change of policy
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โ18-02-2019 01:43 PM - edited โ18-02-2019 01:48 PM
Re: paypal makes an interesting change of policy
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on โ18-02-2019 02:01 PM
Re: paypal makes an interesting change of policy
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on โ18-02-2019 03:22 PM
Policy to take effect 28/3/2019, I think you better read it again
Re: paypal makes an interesting change of policy
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on โ18-02-2019 03:28 PM
We hold funds when:โขWe need to ensure the integrity of atransaction;๏ โขWe believe that thereโs a risk associated with you or youraccount;๏ โขYou receive a dispute, claim, chargeback or reversal in relation to any funds received into your account;๏ โขA marketplace or third party application where PayPal is offered requests that we do so (if you have questions about why the marketplaces requested the hold, you will need to contact the marketplace or third partydirectly);๏ โขYou do not meet certain seller or risk standards when listing oneBay;๏ โขYou are a new seller or have a limited history with eBay;or๏ โขWe need to comply with thelaw.๏ What do we consider before holding funds?Before holding funds, we consider a number of factors, including information available to us from both internal sources and third parties, such as:โขInformation you provide us, such as your business history and financialdetails;๏ โขPublicly availableinformation;๏ โขYourindustry;๏ โขYour sellingactivity;๏ โขPast disputes or dissatisfaction of yourcustomers;๏ โขInformation we receive from related thirdparties;๏ โขWhether the funds are related to an irregular or unusual transaction;and๏ โขOther relatedinformation.๏ The more you use your account, the more we know about your activity. As such, our risk assessment may change and we may increase or decrease the amount of funds we hold based on that changed assessment.How long do we hold funds?For transaction holds and release amounts: Funds are usually held for up to 21 days from the date the payment was received into your PayPal account. Funds may be held for longer than 21 days if:โขWe believe that the increased risk associated with you or your accountremains after 21days;๏ โขIf you are a seller, we expect the delivery time of your goods or services to be longer than 21days;๏ โขYou receive a dispute, claim, chargeback or reversal relating to the transaction subject to the hold;and/or๏ โขWe have taken another action permitted by this agreement, such as whenyou are required to verify youridentity.๏ We may release a hold earlier than 21 days where we reasonably believe that the relevant transaction has successfully completed. Any earlier release is at our sole discretion. Funds held for buyer disputes may not be released until we consider the dispute resolved (but no longer than 180 days).
Re: paypal makes an interesting change of policy
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on โ18-02-2019 03:50 PM - last edited on โ18-02-2019 07:11 PM by gewens
i never post until im paid cleared funds and ebay do nothing about it because they legally know they can't...
which is exactly what recently happened and i wasn't the one that got told off... it was the buyer who tried to scam using ebay policy..

