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Power-User

Join Date: Dec 2007
Posts: 136
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eBay Holding Your Money

11/27/2012 8:04 PM

I would like to help other people out, if you didn't know that ebay will not give you your money right away if you haven't sold up to 25 items. Ebay will hold your money/ not let you have or use your money for up to 15 days.

Paypal also goes along with ebay, because i sold some thing and I couldn't transfer my money from that sale into my bank account. I called both ebay and paypal and they both said they put a hold on the money. I also called the person that i sold the item to, to have them call ebay. So Now im going to try not to use paypal and find another way to get paid....I hate to see any one wanting to sell something and except to get their money and use it for christmas. or find another auction site

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Guru

Join Date: Oct 2008
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#1

Re: ebay holding your money

11/27/2012 8:21 PM

Did you:

1. Read the FAQ's?

2. Accept their conditions of e-baying?

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Guru
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#2

Re: eBay Holding Your Money

11/28/2012 8:32 AM

The problem w/ Ebay and Paypal (owned by Ebay) during the last few years is that they seem to keep changing the rules constantly, or they make them up as they go.

I use to sell on Ebay all the time, but not anymore. Between the outrageous and ever escalating Seller's fees and new rules, I said enough is enough!

I too, had to wait several weeks to receive my money after selling items. It's maddening. It's a sham. They're making $$$ with my $$$ by holding it and accruing interest on it.

They have no problems having a Buyer pay a Seller via Paypal though.....

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Guru
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#3

Re: eBay Holding Your Money

11/28/2012 10:01 AM

That story differs from experience here.

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