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Letters to the Editor
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Wed Jan 13 2010 23:00:41 |
New $20k PayPal 21-Day Hold PolicyBy: Ina Steiner |
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To the Editor: |
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Comments (38) | Permalink |
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by: J.Powell |
Wed Jan 13 23:24:57 2010 |
No surprise. ebay has become extremely anti small seller. Big sellers are not affected by such a 21 day hold of PP payments if sales under $20,000 but smaller sellers are. Who can afford to buy an item, list it, sell it, ship it, pay all the fees, pay for the shipping, and not touch the money for 21 days? |
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by: GabbyT |
Wed Jan 13 23:53:32 2010 |
Ahh, I don't think this is correct at all. There is absolutely nothing about a $20,000 limit anywhere on the Paypal site. They can place a 21 day hold but only as follows: |
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by: brecklundin |
Thu Jan 14 00:09:06 2010 |
Fine I will stop taking PP and go exclusively with Paymate & Moneybookers...they are an approved eBay payment option and I already have accounts with both. |
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by: Lawrence A Dickerson |
Thu Jan 14 00:16:26 2010 |
I am more concerned at the moment over your admission that you have a recorded conversation which is illegal unless the other party is aware and agrees.That's a federal law.For your concern,if this is true,I would beg to have this removed quickly. |
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by: TEW |
Thu Jan 14 00:45:37 2010 |
Lawrence: What law school did you graduate from? State laws differ and some states allow one-party consent recordings. And, even if that were not the case, how slow do you think it would have to be for the Feds to step in based on a comment on a blog? |
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by: EventHorizon1984 |
Thu Jan 14 00:53:39 2010 |
> by: GabbyT |
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by: fruity |
Thu Jan 14 00:57:41 2010 |
What ebay is doing is they are trying to make you confused as you compare notes with other sellers, that's why they come up with all these make up reasons or slightly modified statements. They also are probably doing it so people when they google a phrase can't find each other. |
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by: J.G. |
Thu Jan 14 01:31:26 2010 |
Well, we were warned that it was coming but it still sucks. If you're staying at eBay, you either have to roll with their punches and sit out the 21 days, or circumvent Paypal -- that is until they say you can't use your own merchant account or the other presently eBay-approved payment systems. I find it very difficult to believe that there will be no interest earned on these 21- day holds. |
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by: Paul |
Thu Jan 14 01:53:57 2010 |
In the past 30 days, I have had sales to France, United Kingdom, Canada, Latvia, Switzerland, Poland, Russia, China, Croatia, Spain, Hong Kong, India, Belgium, Germany, Luxembourg, Netherlands, multiple sales to some of those, and USA. Not once have any of my payments been subject to any kind of hold. I think we're hearing Chicken Little here. |
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by: William |
Thu Jan 14 03:29:54 2010 |
As I said before, I only buy on eBay at this time, I am thinking about selling, but every time i get ready to sell I hear a negative comment about ebay or paypal, that has the scent of truth in it, and I put off selling. This 21 day policy will stop me cold. |
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by: Marvin |
Thu Jan 14 05:09:18 2010 |
FEDERAL LAW SAYS YOU CAN RECORD A CALL, if you are a party to it. You do not need the other parties permission. |
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by: Dennis Littleton |
Thu Jan 14 05:21:16 2010 |
I see people post to the eBay forums almost daily who have been selling for years with thousands of feedback, most 100% positive with DSR's that look great and no claims in years who suddenly get the message from PayPal that they are being placed on a rolling reserve or 21 day hold. Non of them seem to fit what the user agreement say's. So this makes sense in light of what's going on with PayPal. I went ahead and stopped taking PayPal a few months ago when we started seeing this. I can't take the chance of them deciding I don't need my money right away. And after all they are not regulated by the FDIC and since Paymate uses Wells Fargo bank for the merchant accounts they are. Its truly a safer option. |
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by: Dennis Littleton |
Thu Jan 14 05:30:20 2010 |
Yes you can record your phone calls as long as you know your doing it. You do not have to disclose that to the other party. |
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by: little seller |
Thu Jan 14 08:06:26 2010 |
I had three sales on Tuesday night from two different venues. Here is why these sales made me smile: |
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by: ZombieDeals |
Thu Jan 14 09:12:43 2010 |
This is EXACTLY why I dumped ebay and went with Amazon. My sales are phenomenal and MUCH less stressful. |
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by: Joe |
Thu Jan 14 09:33:40 2010 |
@lawrence dickerson and others |
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by: Lisa |
Thu Jan 14 09:53:47 2010 |
As far as phone taping, laws vary state by state. You can figure out what is and is not legal here: http://www.rcfp.org/taping/ |
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by: Phone Guy |
Thu Jan 14 10:35:44 2010 |
Twelve states require the consent of every party to a phone call or conversation in order to make the recording lawful. These "two-party consent" laws have been adopted in California, Connecticut, Florida, Illinois, Maryland, Massachusetts, Montana, Nevada, New Hampshire, Pennsylvania and Washington. Although they are referred to as "two-party consent" laws, consent must be obtained from every party to a phone call or conversation if it involves more than two people. See the State Law: Recording section of this legal guide for information on state wiretapping laws. |
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by: fast eddie |
Thu Jan 14 11:00:56 2010 |
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by: Patricia |
Thu Jan 14 11:19:59 2010 |
"The paypal rep also claimed that they make zero interest off of the funds that they hold; I'm a bit skeptical.." |
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