Paypal is now holding funds when you SELL an item on eBay. I've had it. Closed my eBay account today and am waiting for my money so I can close paypal. I sold a phone system for $49.99 on eBay, they sent me a message saying they were putting the funds on hold until I ship the item, it said SHIP NOW. The message said my funds MIGHT clear sooner if I 1. Provide a tracking number and prove delivery or 2. The buyer gives me positive feedback
This has gone beyond ridiculous, I have provided them a tracking number and proof of delivery THREE times and guess what??? Now I'm out money and phone system. Just be careful of Paypal folks. I'm closing it and regaining control of my own funds.
P.S. Here is the message you get:
Payment Review has been completed and a temporary hold has been placed on this transaction.
To get the funds sooner, please ship right away. We'll release the hold after 21 days unless you receive a dispute, claim, chargeback, or reversal on the transaction.
We may release the hold earlier if:
The buyer leaves you positive feedback on eBay
We confirm that the item was delivered.
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