Paypal
Funds Held on eBay Sales and Fees of 3-9% Charged

I have used PayPal and eBay for years without any problems. Lately they have been putting a hold on funds from eBay sales. I was told by PayPal that it is due to the increase in my sales, i.e., if you use us less, you will get your money. That is the stupidest business sense I have ever encountered! I was also told that if I provided tracking info, I would get my money upon confirmed delivery. PayPal told me that they automatically release funds when USPS confirms delivery. What nonsense!

I have had to continuously talk to their foreign representatives, who do not know anything and lie like politicians. I have surmised that they are doing this to 10,000s of eBay sellers, holding millions in funds and taking advantage of everyone they can. PayPal charges 3-9% in fees. It is highway robbery for the lamest service I have ever encountered. I will be suing PayPal in small claims court for all of the fees that they charged me.

As far as I am concerned, they should pay me back for all of my time that they wasted, the lies I have been told, and for not upholding their contractual obligations. Everyone, do yourself a favor and go back to writing checks and sending money orders. They had the nerve to ask for my tax info to give to the IRS. They must be out of their minds. I have been selling items at a loss, and they want to give info to the IRS. Unbelievable! I am going to give my personal info to some stranger in a foreign country. eBay sellers or any sellers, do yourself a big favor and avoid PayPal like the plague!

Company: Paypal
Country: USA
Site: paypal.com

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