E-bay And Paypal
Frozen Funds Block Rare Plant Seller's Surgery Payment
- 04-29-2010
- 8
I have recently been a victim of PayPal's policy of preventing me from accessing my funds. I have no complaints from buyers and a feedback rating of 100%. They have no reason to freeze my account. I have customers waiting on merchandise, and PayPal is holding the funds my customers sent me specifically for shipping.
To top it all off, I sold these items on eBay to raise funds for a surgical procedure I need, and my insurance company requires me to pay a portion up front. I contacted Scott Thompson's office via email, and a woman named Andrea responded. I was given the typical runaround they give many of their customers. I am to provide my SS#, which I will not do online since I have had my identity stolen twice. They also are asking for proof of suppliers, and I explained to them that I have no suppliers. I sell and trade rare plants and grow them myself. What I sell is seedlings, cuttings or divisions.
The bottom line is that they want to hold my funds in escrow for 180 days in order to make money off the interest. I have requested, per the Fair Credit Reporting Act, that they provide me with the amount of interest I am being paid for funds in escrow, and they refuse to respond. The way this company does business is unethical and wrong. eBay makes you use PayPal to buy anything on their site, and then PayPal freezes the funds to profit on interest payments. People need to be warned about these two companies and stay clear of them.
Company: E-bay And Paypal
Country: USA
State: California
City: San Jose
Address: 2211 North First Street
Site: paypal.com