You're free to hold off posting for 21 days, but don't come here complaining when you keep getting negs and defects from disgrunlted buyers. According to their PayPal, they have paid, so if you take 21 days to post, you aren't going to be real popular!

Now that you know about Paypals fund hold (it has been in place for quite a while now and when you are a regular and good seller it will end) you can work with it. It is in place to stop bad sellers from ripping off both buyers and Paypal.

You know you will get your money in 21 days but if you are so short of money that you can't wait that long then selling on Ebay may not be the right thing for you.

If you can show that your product has been delivered with a tracking number and feedback all you have to do is call Ebay and they will let the payment through early.

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@Anonymous wrote:

This is B.S. I have the same problem, funds from every order are being held, yet I'm selling one single product that is always delivered through Australia Post and every order automatically gets a tracking number assigned to it and I have a 100% rating.

 

So why are my funds being held? As far as I can see I meet all of the requirments and apart from eBay fees going up they want to scam a month's worth of interest from us all. Shame eBay!!!

 

 

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Ok, so here's what you should do but understand that eBay is infested with scammers so a hold at outset is somewhat understandable:

1. Set up a business account with PayPal by quoting your abn.

(that will give you a bit of legitimacy)

2. Build up a bit of a sales record for your product if possible to wait.

(I see you've only had 1 sale so far but if you've done step 1 you should be better regarded).

3. Contact PayPal and suggest that if they don't release your funds you will lodge a complaint with the FOS:

(Financial Industry Ombudsman)

4. If all else fails lodge a complaint with the FOS

(you probably won't need to as PP usually cave at step 3)

In all dealings with PP be polite but firm ie businesslike.

Another matter that needs your attention is your website address appears in your listing.

eBay will view this as an attempt to sell off-site and your career here could prove very short lived.

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@Anonymous wrote:

This is B.S. I have the same problem, funds from every order are being held, yet I'm selling one single product that is always delivered through Australia Post and every order automatically gets a tracking number assigned to it and I have a 100% rating.

 

So why are my funds being held? As far as I can see I meet all of the requirments and apart from eBay fees going up they want to scam a month's worth of interest from us all. Shame eBay!!!

 

 

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Ebay fees going up has nothing to do with paypal. They are seperate companies. Ebay does not gain one cent from paypals policy of holding funds for 21 days from new account holders as it divested paypal from its portfolio a couple of years ago and no longer owns the company.

The paypal 21 day money hold decision was made to assist in preventing scammers from setting up new accounts, selling expensive items and running with the money, but not delivering the product. Personally I support any policy which helps to prevent scammers from operating on the site, as buyer confidence ( and sales ) affects every seller.

The sad thing is, the scammers either hijack a suitable account, or sell enough small items so they are no longer subject to the hold. So, it's not really stopping them. It does keep the others honest though.

Whoever suggested that PayPal will cave with the threat of the FOS, it won't work with a new seller. It's even hard for an established seller with a new account. I was one that had to open a case with FOS and that then covered any new accounts. If I hadn't had my main account, I would have had to wait the time. The hold would not have been lifted. 

If new sellers upload the tracking number into PayPal as well as eBay, the funds usually automatically release 3 days after the tracking shows as delivered. If they don't, a call to PAYPAL (not eBay as stated above) will see them release them while on the phone. Have the tracking number handy as they will ask for the number.