YEP! I'm another horror story. I do PERFECT business on the well known auction site and have 75 w/100% PERFECT feedback and extremely happy customers,(was even told by one person that I was the best seller he had ever dealt with on the site). To try and make a long story as short as possible...Ebay owns paypal so no more sending us checks or money orders. Instead force the buyers and sellers to use Paypal. WELL, Paypal decided to place my PERFECT account in a "payment hold" status. HA HA HA, while qualifying for the "TOP CUSTOMER PERKS" at the same time they start holding my funds for up to 20 days. These funds are needed to reorder products to have available for sale, so I DON"T break the rules and sell products that are not in hand...THESE IDIOTS. So, I call them and ask them why...after they "REVIEWED" my account it seems I am a high risk seller now( this I think, but they won't confirm, is because I sold my daughters ipod that was in perfect shape and I was highly recommended by the customers feedback upon prompt delivery. ALL PAYPAL WANT TO DO IS KEEP THE GOOD SELLERS HIGH VOLUME CASH FLOW LOCKED UP IN THEIR ACCOUNT TO COLLECT INTEREST! This in turn will put ME out of business and then they will collect nothing! HOW BRIGHT IS THAT...REALLY? They are perpetuating their own downfall, and I hope it happens soon. Goodbye Paypal, you morons...think about it!
Comment
YEP! I'm another horror story. I do PERFECT business on the well known auction site and have 75 w/100% PERFECT feedback and extremely happy customers,(was even told by one person that I was the best seller he had ever dealt with on the site).
To try and make a long story as short as possible...Ebay owns paypal so no more sending us checks or money orders. Instead force the buyers and sellers to use Paypal. WELL, Paypal decided to place my PERFECT account in a "payment hold" status. HA HA HA, while qualifying for the "TOP CUSTOMER PERKS" at the same time they start holding my funds for up to 20 days. These funds are needed to reorder products to have available for sale, so I DON"T break the rules and sell products that are not in hand...THESE IDIOTS. So, I call them and ask them why...after they "REVIEWED" my account it seems I am a high risk seller now( this I think, but they won't confirm, is because I sold my daughters ipod that was in perfect shape and I was highly recommended by the customers feedback upon prompt delivery. ALL PAYPAL WANT TO DO IS KEEP THE GOOD SELLERS HIGH VOLUME CASH FLOW LOCKED UP IN THEIR ACCOUNT TO COLLECT INTEREST! This in turn will put ME out of business and then they will collect nothing! HOW BRIGHT IS THAT...REALLY? They are perpetuating their own downfall, and I hope it happens soon. Goodbye Paypal, you morons...think about it!