A few weeks ago I decided to list some aquarium air pumps and filters I had sitting around, so I threw them up on Ebay. First off I was not happy to see Ebay & Paypal fees would exceed 10% of the auction value, anyway I bit the bullet and listed. The auction ran its course and I had a winning bidder who paid with Paypal the same day, I checked my Paypal account and it says "payment pending" so I notify the buyer I will ship as soon as the payment clears......well here we are 10 days later and the payment is still "pending" so I call Paypal only to find out they have started a new "hold your money for 21 days" shit, I told Paypal I will not ship items until I have the payment cleared, they said "either 21 days or when the item is marked as received by the buyer" again I tell them I am not shipping until I have the money and they repeat the same FUC%&*# statement. So I contact the buyer and let them know what is going on and they tell me the funds have been removed from their account, I responded to them I am not shipping the item until it clears on my end and I never get a response back from the buyer (a week now).
So here I am each day checking my Paypal account looking at a payment that says "being processed" so I start to investigate and apparently MANY are having the same problems https://www.paypal-community.com/t5/eBay/bd-p/eBay
I have been with Paypal/Ebay 10 years, registered with a verified bank account backed by a credit card as back up funds, I have never bounced a payment or had any problems what so ever. I was wondering if anyone else here is suffering the same problems ?? Bohdan I know you have been selling stuff lately, did you run into this problem ??
No way am I shipping items I have not been paid for, I trust no corporation to do what is right.