PayPal

[franki]

Hi oople world

Can you help ? I have just sold an item on eBay for 190 inc p and p however when going to PayPal it's saying that its holding the founds for 21 days ???? And that I still need to post the item ???

I'm not so keen on the idea of this ?

Any one no why it's like this or had any experience ?

[K-Brewer]

Be wary if its an email that was sent out as a friend had an email asking to still post item while funds were on hold an found out to be a con as signed into PAYPAL account an no money was even sent

[franki]

Hi no it's when I sign in to my pay pal account

[K-Brewer]

Originally Posted by franki

Hi no it's when I sign in to my pay pal account

Are u new to eBay as I know they can hold money if ur new selling til u get good feedback from the sale

[bodgit]

If you've sold on ebay before and never had to do this I'd message the buyer and tell him whats happening and there's no way your sending the stuff without payment. How much feedback has he got, is it a high value item.

[franki]

No been on it for ages !!! I don't think I should have to send 200 of rc stuff with out having the money ??

[Chequered Flag Racing]

When some sellers receive payments, we may hold the money in their pending balance for up to 21 days. We want to make sure that there are no problems with the orders, such as disputes, claims, returns, or chargebacks. After we determine that the order was fulfilled and the customer is satisfied, we may release the money earlier.
If we place your money in a pending balance, it belongs to you but isn't immediately available to spend or withdraw.

We'll let you know if payments on your account are held. We'll also let you know what steps you can take to have your money released earlier. If your PayPal account was already limited, you'll need to lift those limits before you complete the steps to release your payments.

https://www.paypal.com/uk/webapps/mp...s-availability

[franki]

Originally Posted by bodgit

If you've sold on ebay before and never had to do this I'd message the buyer and tell him whats happening and there's no way your sending the stuff without payment. How much feedback has he got, is it a high value item.

It's 200 a nitro buggy! Will contact buyer and PayPal I think

[NeilD]

Originally Posted by franki

Hi oople world

Can you help ? I have just sold an item on eBay for 190 inc p and p however when going to PayPal it's saying that its holding the founds for 21 days ???? And that I still need to post the item ???

I'm not so keen on the idea of this ?

Any one no why it's like this or had any experience ?

Has the buyer started a dispute against you? If they have then PayPal automatically puts a hold on the money.

[franki]

No only bought it this morn !

[NeilD]

Originally Posted by franki

No only bought it this morn !

In that case, I'd say Glenn has got it right.

[franki]

Yep he has I have to send it the once they buyer has said he is happy with it (he has 21 days ) PayPal will let me have the money

[NeilD]

Originally Posted by franki

Yep he has I have to send it the once they buyer has said he is happy with it (he has 21 days ) PayPal will let me have the money

Glad you've got it sorted out.

[bodgit]

Originally Posted by franki

Yep he has I have to send it the once they buyer has said he is happy with it (he has 21 days ) PayPal will let me have the money

So in other words if paypal do that to say 1 million people a day X 365 days then the interest they get on yours and the other millions of sellers will give them an extra few £millions per year.
Recorded delivery is a must in this case just to stop buyer denying delivery and getting his cash back.

[Danny Harrison]

Originally Posted by bodgit

So in other words if paypal do that to say 1 million people a day X 365 days then the interest they get on yours and the other millions of sellers will give them an extra few £millions per year.
Recorded delivery is a must in this case just to stop buyer denying delivery and getting his cash back.

Its a security measure by ebay/paypal on electronic items. The buyer has actually paid, its paypal who hold onto the money in case of a dispute. Stops you from spending it. Usually clears shorlty after you recieve good feedback. Im sure its lifted once you have some detailed seller ratings too.

[xfactor]

Thats rite Danny, you have to have 10 star seller rating thats the stars you collect when you have sold in the box when you click on feedback number.If not it used to be when you had a 10 feedback score as this gains you your first yellow star,i think its been raised now to 50 star the blue star.

After this you will get moneys straight away, its just a insurance measure through ebay/paypal like Danny stated, its nothing to worry about.

Also when the buyer leaves you positive feedback you get money straight away 24hrs max.

Hope this helps.