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  1. #1
    In LVoe Shelly's Avatar
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    Default Paypal holding money??

    Well, it's not MY money that Paypal is holding, but I thought this was interesting...

    I recently bought a LV item off ebay and paid through paypal. The seller sent me a message and told me that Paypal is now holding the payment in full until either A) I leave positive feedback for the transaction or B) A certain number of days after verification of delivery of the item. I've never heard of this

    The reason she sent me the message telling me about it was to see if I could leave feedback soon after I receive the item because it'll help her get her money faster.

    Has this happened to anyone else or is this something new they are doing? She said she called Paypal and they told her they do this sometimes with designer items to assure there is no fraud.

  2. #2
    *Moderator* vuittongirlxoxo's Avatar
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    Default Re: Paypal holding money??

    Yes, this is very true. They placed a 21 day hold on the funds you sent. But if you leave positive feedback & she uploads the tracking info to Paypal (if she didn't use Paypal to ship) she will get her funds 24 hours upon receipt of feedback. This happened to me recently...

    wishlist..
    .sofia coppola monogram
    .vernis alma mm in pomme d'amour
    .artsy mm
    .python galliera pm
    .monogram galliera pm

  3. #3
    Official Bagista
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    Default Re: Paypal holding money??

    that's a stupid rule. if you pay , they should get their money...one of the many reasons if I sell something expensive on eBay I require a certified check or bank wire transfer...

  4. #4
    *Moderator* vuittongirlxoxo's Avatar
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    Default Re: Paypal holding money??

    I sold a few things & they weren't even expensive & they still did it to me. I hate Paypal & eBay's techniques.

    wishlist..
    .sofia coppola monogram
    .vernis alma mm in pomme d'amour
    .artsy mm
    .python galliera pm
    .monogram galliera pm

  5. #5
    In LVoe Shelly's Avatar
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    Default Re: Paypal holding money??

    Well, that's kind of good for the buyer, but ONCE AGAIN, sucks for the seller! I'm getting so annoyed with ebay and paypal. I know they are just trying to make everything more "safe", but sellers need some protection, also!

  6. #6
    *The TBF Elite* Maeveyblue's Avatar
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    Default Re: Paypal holding money??

    Ebay sucks! It's all about the buyer, and not at all for the seller. I can understand holding money if the seller is new, but if the item has been verified authentic (which they all seem to get booted if they aren't) and the seller has more than a certain amount of feedback, then funds shouldn't be held.
    Thinking of...
    Chanel Black Jumbo
    LV Artsy MM
    Holy Grail: Chanel 06 Bleu Fonce Jumbo


    In the middle of every difficulty lies opportunity."
    ~Einstein~

  7. #7
    working on my phd pingping's Avatar
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    Default Re: Paypal holding money??

    I agree with the ebay/paypal sucks thoughts. Luckily this hasn't happened to me, but I'd be mad if paypal held my money on the condition that the buyers leave feedback...sometimes buyers don't leave feedback! And then yes the money will be released after a certain number of days, but I would just hate mailing something out without the money actually in my possession, know what I mean?
    Now on a BAN!

  8. #8
    Official Bagista gizmo's Avatar
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    Default Re: Paypal holding money??

    ..
    Last edited by gizmo; January 19th, 2009 at 10:05 PM.
    [SIGPIC][/SIGPIC]

  9. #9
    ♥'s RM Jess's Avatar
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    Default Re: Paypal holding money??

    I had the SAME situation. It was a $160 item too. Luckily, I shipped fast & the buyer left positive feedback fast. I had to call PayPal and they released my funds.

    But, if they wouldn't have done that, I would have had to wait 24 hours for my funds after the buyer left positive feedback.

  10. #10
    Rising Bag Star londonhandbagseller's Avatar
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    Default Re: Paypal holding money??

    i dont know why any buyer should even have any worries on ebay..the buyer will always get there money back..it makes no difference if you have sold 10,000 items on there...if some a**hole comes along and has never even had one transaction,all they have to do is file a dispute with paypal and as soon as that is done that money is frozen by paypal,

    My ebays fees was due from me but i had 3 disputes going on and they froze the money and just took ebays fees out of my bank without no warning or anything...i was amazed to be honest that they was even allowed to do that,
    i would say ebay is safer for the buyer then it would be if they went down the high street..i really do believe that

    ebay and paypal turned over 10 billion (ie 10,000 million) last year

    when is there going to be an alternative site to ebay?
    Last edited by Jess; January 25th, 2009 at 10:24 AM. Reason: edited the curse word :D

  11. #11
    \(^.^)/ Jennifer's Avatar
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    Default Re: Paypal holding money??

    Uhm, so I just sold my apple tv on ebay and the buyer paid through paypal... and it says this:


    How retarded! Like some of you mentioned above.. buyers almost never leave feedback. So the only other option is to get delivery confirmation, right? Or cross my fingers that the buyer doesn't file a complaint or anything.


    UHG.

  12. #12
    Bag Junkie navymom's Avatar
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    Default Re: Paypal holding money??

    Wow, so Paypal can sit there and make interest off your money and you can just wait for 21 days, amazing......
    NavyMom

  13. #13
    Vintage Lover lilstrlett's Avatar
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    Default Re: Paypal holding money??

    I hope they don't do this to me! I'm selling my 2 bags on eBay and I REALLY need the money I'm going to get! They end tomorrow!
    Mrs. Lawson
    7-16-11

  14. #14
    *Moderator* vuittongirlxoxo's Avatar
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    Default Re: Paypal holding money??

    Yeah unless they leave feedback you have to wait 21 days. It sucks.

    wishlist..
    .sofia coppola monogram
    .vernis alma mm in pomme d'amour
    .artsy mm
    .python galliera pm
    .monogram galliera pm

  15. #15
    Coach Addict serendipity's Avatar
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    Default Re: Paypal holding money??

    That happened to me. I sold a wallet for $45.00 and PayPal held my money. I emailed the buyer to ask if she could leave feedback for me when she got the wallet and she never did. So PayPal held the money for the whole 21 days. I was so angry. I'm not in too big of a hurry to sell anything on Ebay right now.

    Done...I think...Until I find something that catches my eye

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