PayPal
Funds held on eBay sales despite years of good feedback

I have had an eBay and PayPal account for over 2 years! I buy and sell on eBay. Now, all of a sudden, 2 weeks ago, PayPal is holding my funds when I sell an item. They tell me to send my merchandise, then when the "buyer" receives the item and I get "positive" feedback, they will release my money! I have a feedback score of 99.2, which means that in over 2 years of buying and selling on eBay I have had 1 negative feedback and 156 positive feedback. I have spent hours on the phone with PayPal, and the only answer they can give me is that it is a "RANDOM" thing. This is unacceptable and ludicrous!

I even contacted eBay and have had two three-way calls with PayPal, with an eBay rep telling them to release my money, that this only applies to new account holders or account holders with numerous problems with selling, and they have refused. They are holding my money and taking their fees out and collecting interest on my kidnapped funds! This is internet robbery! PayPal needs to be monitored like a bank!

There are hundreds of similar complaints on this problem, actually probably thousands. We need a class action suit here!

Company: PayPal
Country: USA
Site: paypal.com

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