|Sun July 3 2011 15:54:46|
Is eBay's 21-Day Hold on PayPal Accounts Legal?
By: Ina Steiner
Just found out that my payment is being held for 21-day under eBay's new policy, is it legal for eBay to hold my payment? Where did it get the power to hold my money?
From the Editor: Here are some of the articles we've written about this issue:
2008: PayPal's 21-Day Hold Policy for eBay Sellers - Link to article
2011: Cheat Sheet on eBay's Spring 2011 Seller Announcements - Link to article
" eBay will begin holding payments from buyers for sellers with a limited selling history or for those with a Below Standard performance rating until eBay receives confirmation of delivery."
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