A new low for Paypal
Leiascards
Posts: 3,233
I just recieved a hold for 57.00 on an item that was shipped and delivered 4 months ago. I called Paypal about it and they told me it was part of a routine screening process they have enacted. Now if I cannot prove the item was in fact delivered then Paypal will permantly remove the money from my account. Most DCs expire after 60- 90 days.
I contacted the buyer and he has not heard anything on the matter from Paypal. Makes me think this is just another way to pad their pockets.
I contacted the buyer and he has not heard anything on the matter from Paypal. Makes me think this is just another way to pad their pockets.
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Comments
<< <i>WTF? >>
Exactly!
There are now reports of this happening to LOTS of people.
Some of the sales are almost a year old.
PayPal is going to pull their carp on the wrong person, one of these days.
A serious and experienced Pro Se litigant - with time and money - will bring
the filthy RICO-gang tumbling down.
.......
Because credit-card chargebacks are now showing up YEARS
after the sale, it is best to keep all DC/SC slips....forever.
Then the rep wanted to tell me not to get angry with him. After than an an hour and 15 minutes on the phone I think I think I was actually very nice to him.l
At the end of each evening, we withdraw all but $10 from PayPal to our bank accounts.
PoppaJ
I always wanted a "green machine" big wheel as a kid though.
ebay i.d. clydecoolidge - Lots of vintage stars and HOFers, raw, condition fully disclosed.
<< <i>Just another good reason to NOT keep excess money in your PayPal account.
At the end of each evening, we withdraw all but $10 from PayPal to our bank accounts.
PoppaJ >>
If PayPal goes after some money but there is not enough in the account (for example, they want to take $57.00 from your account but there is only the usual $10 balance), will they attach the account until they've extracted the amount that they seek?
IF, that is not possible, contact Ina Steiner
at
auctionbytes.com
She is currently the best shiner of light on the co*kroaches.
I KNOW for a fact that traders on GS desks are reading her stuff.
(I make sure of it
...........
When they pulled the "we need to keep about $10K of your money
at all times" carp on me, I could have taken an agressive path.
BUT, I want to continue to sell junk there until the doors close, so
I went with the MM-account, which I would have had someplace else if
not at PP.
"I just looked up several DCs from the the ned of may and they were no longer in the system. USPS recycles DC numbers. "
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Jim knows how to get them.
Vintage Football Card Gallery
It's all probably a way to not only hold people's money but to get them to use paypal shipping.
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A chargeback is considered an authorized debit. You cannot rely on PP going
by the spirit of the sundry consent decrees. They can and do, under certain
circumstances, hit your "alternate funding source" to make up deficits.
And, of course, they grab any payments that come in. Also, as noted above,
they will reverse any transfers that you have made in the past few days.
Anybody who does not know the history of PP, should read............
A Gangster Saga
1. Set up 2 bank accounts, with electronic transfer capabilities between the two. Only tell paypal about account #2.
2. Empty your paypal funds into bank account #2 ASAP any time there are funds in it.
3. Empty bank account #2 into bank account #1 often, to minimize the balance in account #2 (and thereby minimize your exposure to the paypal gremlins).
Option #2
Dump paypal if they try to screw you.
<< <i>Option #1
1. Set up 2 bank accounts, with electronic transfer capabilities between the two. Only tell paypal about account #2.
2. Empty your paypal funds into bank account #2 ASAP any time there are funds in it.
3. Empty bank account #2 into bank account #1 often, to minimize the balance in account #2 (and thereby minimize your exposure to the paypal gremlins).
Option #2
Dump paypal if they try to screw you. >>
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Option One works, after a fashion, but is not foolproof......
The way to avoid transfer stops is to have two accounts to sweep PP funds; the
first is the landing pad; the second is home. The money goes from PP to
LP first. 48-hours later, before the money is credited, sweep LP to H. The
ACH will make 2 attempts to hit LP; the funds are always there by the time
attempt 2 is made. (Check with your bank to make sure no NSF charges
are applied until after the 2nd attempt fails.) EBAY scamsters have used
variations of this for years. Now, honest sellers are doing it, too.
Option Two is not an option if you want to play BIG on EBAY. With 75%
of transactions via PP, you gotta use it.
What paypal does to sellers is criminal. Seller protection my a$$.
I hope it works out for you and if the buyer does get their payment refunded, I hope they are honest and will re-pay you (by check!).
1994 Pro Line Live
TheDallasCowboyBackfieldProject
WTB: 2001 Leaf Rookies & Stars Longevity: Ryan Jensen #/25
So although Paypal should not go back a year in my opinion, my guess is that there is some buyer interaction in the process.
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Over the years, on the PayPal boards, there have been THOUSANDS
of cases where the buyer said, "I have no idea what is going on."
In most of those cases, it turned out the "buyer" was behind the
SCAM from the get go.
This was not an echeck, but may have been one that was backed up by a CC these are usually done instantly unlike other E-checks.
I filed several UPIs last night anyway one of the UPIs told me he intends to pay, but the last 2 items he has paid for Paypal has a few days later decided to hold the money from the seller for no reason and without them even bothering contacting him. He went on to say in one case the seller claims Paypal still has the money even though they have proof he recieved the item. The other seller apparently got their money back after they had an attorney contact Paypal on the matter. He is trying to find out what is going on there before he sends me the payment.
Sounds familiar to what I had happen to me. If Paypal is doing this as an excuse to simply take money, they are going to end up in some serious litigation and possibly some criminal issues.
"The freeze will apply to transactions eBay (EBAY, Fortune 500) considers high-risk, and is intended to protect buyers from the hazards of a bad transaction. By hanging on to funds, eBay can easily refund them if a seller doesn't ship a purchased item or sends damaged goods."
AND
"The new policy has some questioning its legitimacy: Can PayPal legally freeze funds at will for up to three weeks? The answer is yes. While PayPal offers interest-bearing accounts, debit cards, and other trappings traditionally associated with banks, it legally isn't one."
Its from an old article (Feb 08) Paypal Holds Funds
It also only applies to sellers with less than 100FB, those who sell in certain categories or have less than 95% satisfaction in the past 30 days or less than 4.5 DSR in the past 30 days.
My hold was from a purchase that took place before that change went into affect. These others the other buyer told me about could be a result of this I don't know.
<< <i>I ALWAYS ship my stuff with Paypal's USPS postage feature. I have a small postage scale here at the house, so I never need to worry about insufficient postage issues. >>
The only problem using PP shipping is that there is no guarantee that it will be scanned in at the PO when it is dropped off. If it is "not in the system" then what happens. It never shows up as delivered, and the buyer can just file a never received claim. I'd rather hand it over in person and see it scanned into the system.
.............
.............
PP is not a Chartered Bank and the OCC has ZERO authority over PP.
The California AG is, currently the best route to file complaints that
will be acted upon if "the cumulative volume indicates anti-consumer
activity."
The FTC also accepts and "holds" complaints until critical mass is reached.
The BBB - I know you ALL think they are a joke - is the ONLY gang that
is having fast success at "encouraging" PP to make refunds to screwed
PP users. PP has a dept that does nothing but deal with BBB complaints.
Within days of a filing, a PP rep will contact the customer and "work it out."
PP routinely calls the resolution a "courtesy refund."
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I filed several UPIs last night anyway one of the UPIs told me he intends to pay, but the last 2 items he has paid for Paypal has a few days later decided to hold the money from the seller for no reason and without them even bothering contacting him.
........
I know you don't want to hear this, BUT.......EBAY has begun sending
"suspension warnings" to folks who have "too many NPBs open at one time."
(EBAY does not want to refund any more FVFs; they need the money desperately.)
IF a seller receives a payment from an account that is "suspected of fraud"
or "has exhibited unusual activity" PayPal will/can hold that seller's funds
indefinitely. This is in the fine print of the "amended UA."
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"The only problem using PP shipping is that there is no guarantee that it will be scanned in at the PO when it is dropped off...."
.......
That is correct. PP shipping is, no doubt, convenient, but it is a hazard to
sellers who ship w/o insurance. The "unscanned/lost" item will result in
a loss to the seller in an INR, but if the item is insured the seller can recover.
I do not - WILL NOT - use PP shipping.
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PayPal is far from the only game in town. It is just the only game EBAY
permits to be played; other than a private merchant-account, which
will cost the seller about $50 per month, whether he uses it or not.
Both GCO and AMZN's new payment system function flawlessly, and
sellers are not reporting major problems; they are prohibited on EBAY.
RICO-Enterprise
The Slow End Approaches
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Yup. Ditto.
The trial balloons continue to float:
EBAY will remove the ability of sellers to file NPBs unless their
only payment method is PayPal.
EBAY will prohibit NPB-buyers from leaving FB unless they paid with PP.
eCrater already has a similar scheme in place; been that way for years.
Much like you cannot say buyers who pay with paypal add a 5% handling charge, but you can say buyers who pay with a money order can deduct a 5% discount. Its all about how it is worded.
<< <i>
<< <i>I ALWAYS ship my stuff with Paypal's USPS postage feature. I have a small postage scale here at the house, so I never need to worry about insufficient postage issues. >>
The only problem using PP shipping is that there is no guarantee that it will be scanned in at the PO when it is dropped off. If it is "not in the system" then what happens. It never shows up as delivered, and the buyer can just file a never received claim. I'd rather hand it over in person and see it scanned into the system. >>
I was told at My local PO that they are not allowed to scan the packages in at the drop off point. When I asked why, that it made no sense, the clerk responded that they were just told they couldn't scan them in.
Seems pretty fishy to me
<< <i>I was told at My local PO that they are not allowed to scan the packages in at the drop off point. When I asked why, that it made no sense, the clerk responded that they were just told they couldn't scan them in. >>
That must be on the Paypal created DCs. That is why I pay the extra $$ and use the bright green ones. I have a small PO about 6 miles from me, 3 people work there, the Postmaster, and 2 clerks, no routes go out of the building, no extra hands around etc., they don't even do Passports so there is rarely anyone in line, 1-2 people tops. The Postmaster is a great guy and is more than willing to do anything to help, order supplies, track stuff internally, etc. I drive past two other POs to get there but it is worth it for piece of mind, plus there is a Dunkies right down the street.
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That is the most common response from the clerks.
USPS does not make money on the PP DC. They make a little on the green tickets.
Most station managers will "order" the clerk to scan the PP labels, if the customer
"complains." Who wants to complain everytime you go in the place?
The PP suggested work-around is: Print the bar-code consolidation sheet at PP onto one sheet
of paper. Take the paper with you to the PO, and the clerk will scan the codes from the sheet.
NOT worth the aggrevation to me; I buy the green tickets with the money the buyer gives me.
I used to sell about 20-30 items a month on Ebay....now I sell less than five a month, and only when I need to raise funds for other purchases.
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Since 3/4 of ALL transactions on EBAY are concluded with PayPal,
not "utilizing" PP is not really a viable option for most sellers.
<< <i>Since 3/4 of ALL transactions on EBAY are concluded with PayPal, not "utilizing" PP is not really a viable option for most sellers. >>
But not utilizing Ebay certainly is...