Propay
Will try and "trap" your funds

I sell online currency on Ebay. I signed up with Propay who then set my processing limits at $500 per transaction with a $2000 monthly limit. I decided to use them because Paypal was starting to put 21 day holds on my Ebay funds. I thought they would be a better alternative. So I went ahead and sold a $310 item on Ebay. The buyer paid promptly and I shipped the item out right away. About 4 hours later I recieve an email from Propay stating that a reserve of $400 must be met because paper money and coins were high risk items to sell on Ebay.

They told me this After I had been with them (Propay for 2 weeks) and after the buyer paid and After the item shipped so I had no recourse. They essentially "trapped" my funds because they knew the item already shipped therefore I could not offer the buyer a refund. I am assuming that an employee from them will submit a rebuttal which will paint me to be the bad guy. I do not have the time or patience to go back and forth with these knuckleheads. Just be confident that what I have just told you is the truth. Thank You.

Company: Propay
Country: USA
State: Utah
City: Lehi
Address: 3400 N Ashton Blvd
Phone: 8013415300
Site: propay.com

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