JohnEvans
Titanium
- Joined
- Sep 23, 2009
- Location
- Phoenix,AZ
I would simply cancell the sale and return the money to the buyer with a note explaining why. I have not sold on eBay since they stoped using PayPal ! Tell buyer to send a wire transfer.
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As I wrote above, it is to fatten Paypal's wallet. Nothing more.
This should only be acceptable if you're paid an agreed-on interest for the excess wait time. Write your congress person (not joking) about this abusive practice.
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I haven't used Paypal in ages, always use a personal credit card (have a second one for business expenses) for Ebay transactions (mostly all purchases); there are lots of consumer protections on *personal* credit cards (other than usurious interest rates which can be avoided by paying them off each month). In the distant past, I didn't have much trouble contacting and dealing with Paypal, but if "customer service" trends are the same as most recent experience, theirs has probably deteriorated also.
Investrs dont REALLY care about a companies business practice. They only care about profits. Edwin Dirnbeckpaypal market cap fell by 50 billion usd 3 days ago--
Decades ago Visa moved it's credit card operations to Sioux Falls. North Dakota. This was because it had the worst(slowest) outgoing mail service of a big enough city in the country. They air freighted in the incoming payments and sent the payments out by USPS. They had billions in payments floating a few days extra by mailing them from there.
After 911 banking laws were soon changed so physical checks did not have to be shipped around. a computer scan became legal because planes carrying checks were grounded.
Bill D
Yeah that is the most worrisome part. Plus the amount that is "released" in contrast to the total... 300 bucks ?? Paypal is shooting themselves in the ass with this as I will never allow customers to use them again except for maybe under $500 purchases
...banking laws were soon changed so physical checks did not have to be shipped around. a computer scan became legal because planes carrying checks were grounded.
Bill D
(having said all this I'm wondering if maybe the buyer used a credit card via Paypal to pay and they are worried about a chargeback ?)
Decades ago Visa moved it's credit card operations to Sioux Falls. North Dakota. This was because it had the worst(slowest) outgoing mail service of a big enough city in the country. They air freighted in the incoming payments and sent the payments out by USPS. They had billions in payments floating a few days extra by mailing them from there.
After 911 banking laws were soon changed so physical checks did not have to be shipped around. a computer scan became legal because planes carrying checks were grounded.
Bill D
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