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In Reply to: RE: That was back in the dark ages. posted by MannyE on February 01, 2016 at 21:10:19
Yup you are insane, I have never had to have a buyer release funds, never. A paypal or ebay hold are after the buyer files a complaint. You go on being insane, I have over 4,000 transactions on eBay and PayPal and never once has my money been held until the buyer gives his OK, never.
The only time PayPal holds your money are the following:
1. You're a new seller with PayPal. Once your identity is confirmed and you have built up a history of sales and happy customers, PayPal removes the holds.
2. You customers indicate issues about your selling performance. Peformance is based on your percentage of refunds, disputes and chargebacks compared to sales on your PayPal account. Working to prevent and resolve problems quickly will help you AVOID the delay in available funds.
3. There is a higher than average risk associated with your sales activity. Selling what PayPal considers high-risk items, like tickets, gift cards, computers, trave packages. Another example of high risk sales activity is a recent spike in sales or historical change in the average selling price or type of item being sold. High risk could also mean your account has suspicious account behavior or more likely to have disputes, claims, buyer chargeback or other reversals.
So in other words if you have a good record of selling, with few customer issues PayPal DOES NOT put a hold on your funds until the buyer gives his approval. I believe that most PayPal accounts fall into this category, but obviously your's does not so maybe you have some clean-up work to do.
We're Burning Daylight
I may not have over 4000 transactions but I do have over 200 and a 100% positive feedback profile. So no clean up needed.
I love how you dont even acknowledge the proof i offered. 4000 transactions indicates a commercial account (maybe?) so that may be different. I know what I have experienced in the last year selling things like a pro-ject speed box and a 1969 road runner thumbwheel radio.
I actually made my initial post to try to help people not get fucked over. Thats the point. I will not reapond to anymore of this ridiculous tomfoolery. It helps no one and I refuse to feed the troll any more.
If you are giving out wrong information you are not helping anyone, and you are giving out wrong information. And no I don't have a commerical account. The information I put in my last post is directly from the PayPal web-page, not from some guys talking on youtube. I am all for helping people from getting ripped off and using PayPal is better then mailing a check, but it is still not complete protection from getting ripped off. I am against giving people a false sense of security that payiing by PayPal will give them 100% protection, it does not.
We're Burning Daylight
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