Cliffs- paypal dosent wait for the buyer to have an issue to request a refund, they just simply hold your payment in pending status until you send it out of pocket, the buyer recieves it and leaves you positive feedback, then you get paid
EDIT- this is the info that is on the seller page now under payment options-
Decide how you’d like to be paidAdd or remove options | Get help
Select at least one approved electronic payment method listed below.
Learn more about recent changes to the eBay Accepted Payments Policy.
Some payments may be held in your account to ensure smooth transactions. PayPal will release the hold after 21 days without a buyer dispute, claim, chargeback or other action. The hold may be released earlier if either of the following occurs:
Buyer leaves positive Feedback.
3 days after PayPal confirms item delivery.
Learn more about PayPal’s Holds Policy.
wtf, I hate fucking paypal but I use it with eBay from time to time
I get a payment today and am told paypal has placed a hold on my payment, the details of the transaction are this-
I sold an item on eBay for $250, I have been a paypal member since 2000 and have 300+ transactions on paypal, once about 4yrs ago I had a dispute against me because the prick said he never got his package and I didnt put delivery confirmation on it …
on the eBay account I sold from I have been using for 5yrs, I have 59 positive feedback with 0 negatives (I have less than 100 feedback and probably dont have 20 in the past 12 months but that never mattered)
I do not have any buyer dissastifaction ratings
and lastly my item did not fall under any of the catagories paypal has listed as “high risk”
to get my $$ unfroze I have to ship the item, provide a tracking # and then wait 3 days after delivery to get my payment
what a bunch of bullshit, I bet they take the money and invest it while you wait
what really sucks is I had to pay out of pocket to ship the shit
Between this and the new eBay policy that you cant leave buyers negative or neutral feedback I am done as a seller
Just a heads up
edit- the best part is the buyer won the auction on 1/2/09 and after me filing a non payment complaint 3 days ago he is just finally getting around to paying me so I can wait even fucking longer
heres the info from paypal-
Policy for payment holds for eBay items
What is a payment hold for eBay items?
It is a hold that PayPal places on a payment you receive for an item you sold on eBay. The amounts held will be shown as “Pending” in your PayPal account. You still have access to all other funds in your PayPal account.
Why are my payments being held?
Payment holds for eBay items are an effort to increase marketplace safety. We hold payments when we suspect a transaction may be risky. Here are the most common instances in which an eBay item payment may be held:
- You have been an eBay member for less than 6 months, and you sell an item for more than $100
- You have an eBay feedback score of less than 100, and you sell an item for more than $100
- You have a buyer dissatisfaction percentage* greater than 5%
- You have an average DSR of less than 4.5
- You have received fewer than 20 Detailed Seller Ratings in the last 12 months
- You are listing your item in a high-risk category such as gift certificates, video games, cell phones, computers, or consumer electronics.
When will PayPal release the hold?
Your funds will be released when one of the following occurs:
- The buyer leaves you positive feedback
- 3 days pass after proof the item was delivered**
- 21 days pass without a dispute, claim, chargeback, or reversal filed on the transaction
We may hold the funds longer if your buyer files a dispute, claim, chargeback, reversal or has otherwise taken action to dispute the transaction.
Learn more about the PayPal policy for payment holds for eBay items.
- Buyer dissatisfaction percentage is measured by adding negative events as a percentage of your transactions. Negative events include negative & neutral Feedback, Detailed Seller Ratings scores of 2 or less, and Item Not Received or Significantly Not As Described disputes.
** This applies to US domestic transactions that are shipped by USPS, FedEx, or UPS and either (i) use PayPal shipping labels to ship items or (ii) upload tracking information to PayPal via the transaction details page. If a payment is being held, it will be shown as “Pending” in your PayPal account until it is released.