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Ina Steiner on EmailIna Steiner on LinkedinIna Steiner on Twitter
Ina Steiner
Ina Steiner
Ina Steiner is co-founder and Editor of EcommerceBytes and has been reporting on ecommerce since 1999. She's a widely cited authority on marketplace selling and is author of "Turn eBay Data Into Dollars" (McGraw-Hill 2006). Her blog was featured in the book, "Blogging Heroes" (Wiley 2008). She is a member of the Online News Association (Sep 2005 - present) and Investigative Reporters and Editors (Mar 2006 - present). Follow her on Twitter at @ecommercebytes and send news tips to ina@ecommercebytes.com. See disclosure at EcommerceBytes.com/disclosure/.

2 thoughts on “PayPal Turns Funds Now to Funds Later”

  1. What is going to change now? That is not clear in the post or link. Is PayPal is going back to their “Your Funds Are On Hold Because…” method? Now Ebay will be emboldened to increase their holding of funds “Because…” also.

    PayPal got sued for this practice and threatened by quite a few States Attorneys General back in the day (Ebay owned PayPal during this time frame).

    You know, I smell a rat in this whole Mangled Payments/PayPal scheme – something’s going on between the two companies. If Ebay wanted to get into the money business like PayPal, why did they sell PayPal in the first place? Why not just buy PayPal back? Is Mangled Payments an attempt on Ebay’s part to make their company stronger so they can sell the whole thing (or that Hedge Fund bunch that bought Ebay’s stock can sell their holdings at a tremendous rate? Look what they did to Cabela’s and Bass).

  2. Drop the PayPal brain pretzel,
    and go back to checks and money orders.
    Always worked well, continues to work VERY well. …..
    The LYING Digital Money Fear Mongers interfere…..
    We can’t allow that……

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