@sandlash wrote:
They did not even allow payment into your bank account only through Paypal. The difference with what they are doing with Managed Payments is that you have to post the items before you have even got the money. Paypal pays your money into bank account within a day how long is going to take FEE Bay to transfer the money about a week or more probably so they can make interest on it. So we are all out of pocket until they decide to transfer our money.
Yes that is my concern. This little puppy won't be posting anything until the money has cleared. If it takes 6 days (they're estimating 2-6 days), there are going to be a lot of unhappy buyers out there.
Paypal payments are available immediately (most are) so if we want to purchase with that money, boom it's instantly available. But taking our fees immediately, then withholding our money is simply not acceptable. I suspect I'll be reducing my activity here down to almost nothing. This just has red flags all over it
