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New paypal policy?

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Comments

  • frivolous_fay
    frivolous_fay Posts: 13,302 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker Mortgage-free Glee!
    Who within their right mind would advise someone to pay twice?
    My TV is broken! :cry:
    Edit: refunded £515 for TV 1.5 years out of warranty - thank you Sale of Goods Act! :j
  • Who within their right mind would advise someone to pay twice?

    Clearly OP would cancle paypal payment first.

    Amazing but true, there's more ways to pay for things than just paypal....

    HTH
    "Love you Dave Brooker! x"

    "i sent a letter headded sales of god act 1979"
  • soolin
    soolin Posts: 74,407 Ambassador
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    I am sensing a slight naiveness about you Dave, maybe this is why you have so many problems? As a buyer I use paypal and then seller says ' sorry' I am returning your payment as paypal won't let me withdraw the money immediately' and you then send a cheque..:confused:

    That is way out of my comfort zone.
    I’m a Forum Ambassador and I support the Forum Team on the eBay, Auctions, Car Boot & Jumble Sales, Boost Your Income, Praise, Vents & Warnings, Overseas Holidays & Travel Planning , UK Holidays, Days Out & Entertainments boards. If you need any help on these boards, do let me know.. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com.All views are my own and not the official line of MoneySavingExpert.
  • Brooker_Dave
    Brooker_Dave Posts: 5,196 Forumite
    soolin wrote: »
    I am sensing a slight naiveness about you Dave, maybe this is why you have so many problems? As a buyer I use paypal and then seller says ' sorry' I am returning your payment as paypal won't let me withdraw the money immediately' and you then send a cheque..:confused:

    That is way out of my comfort zone.

    It's just what's going to happen when newbie sellers are told that they've got to wait 21 days to be paid, unless they get given positive feedback.

    At least cheques take 6 days to fully clear, while paypal *might* release funds in 21.

    If the seller looks like a good egg and you're keen to get the item, you may as well just speed the process up.
    "Love you Dave Brooker! x"

    "i sent a letter headded sales of god act 1979"
  • Mandles
    Mandles Posts: 4,121 Forumite
    I have just heard this today from a seller. I dont think i have had any of my payments on hold until they leave feedback. Is this just for newer sellers then?
  • Mandles wrote: »
    I have just heard this today from a seller. I dont think i have had any of my payments on hold until they leave feedback. Is this just for newer sellers then?


    Why might my payments be held?

    PayPal will hold payments in transactions where the vast majority of seller fraud occurs. Here are the most common instances in which a payment may be held:
    • You have been on eBay less than six months and sell an item above £50
    • You have a feedback score of less than 98% and sell an item above £50
    • More than 5% of your transactions result in dissatisfied buyers*
    • You have an average Detailed Seller Rating (DSR) of 4.5 or less
    • You have received less than 20 Detailed Seller Ratings
    • You are listing your item in a higher-risk category
    PayPal will not hold payments for eBay items if you meet the following criteria:
    • You have been an eBay member for more than 6-months, and
    • Your total Feedback score is greater than 100, and
    • Fewer than 5% of your transactions result in dissatisfied buyers*
    Or
    • Your average DSR is greater than 4.5, and
    • Your have received more than 20 DSRs in the last 12 months
    • Your buyer dissatisfaction percentage is less than 5%
    https://www.paypal.com/uk/uk/cgi-bin/webscr?PPREDIRECT=FKLOvdz6xKyTl2Ush_G-PxTKWmVyUmsHc9OecycBOJc151bXRffstwaw2tDtQJJHVlRgP3xEJz6QHtDLD_uji6gqoGVrei8sWcOrOyFZ0412J8jqMrVbah5vUFMKyEscrD1knG


    Unfortunately there does appear to be a problem with the paypal payment hold release of funds once feedback has been left and some seller have been waiting well over the time stated by paypal and several threads can be found on the ebay Discussion Board and Answer Centre
  • dougk_2
    dougk_2 Posts: 1,403 Forumite
    babys*mum wrote: »
    This is a problem as lots of people don'tybother with DSR's - I know I often don't as I can't be bothered to sit wasting time, and if I was being honest 50% of sellers overcharge on P&P (especially those sending CD's, which even with a new jiffy bag shouldn't be more than £1.25 first class) so they would get less than 4.5 of P&P pretty quickly!.
  • babys*mum
    babys*mum Posts: 121 Forumite
    dougk wrote: »
    This is a problem as lots of people don'tybother with DSR's - I know I often don't as I can't be bothered to sit wasting time, and if I was being honest 50% of sellers overcharge on P&P (especially those sending CD's, which even with a new jiffy bag shouldn't be more than £1.25 first class) so they would get less than 4.5 of P&P pretty quickly!.

    Have you seen the latest ebay announcement Changes to Postage & Packaging policies?

    http://www2.ebay.com/aw/uk/200810131014412.html

    new policy info in the link

    http://web.ebay.co.uk/help/sell/maximumP&P_FAQ.html
  • dougk_2
    dougk_2 Posts: 1,403 Forumite
    babys*mum wrote: »
    Have you seen the latest ebay announcement Changes to Postage & Packaging policies?

    http://www2.ebay.com/aw/uk/200810131014412.html

    new policy info in the link

    http://web.ebay.co.uk/help/sell/maximumP&P_FAQ.html

    I actually think this is a good move for points 1 & 2 , but bad on point 3 (why single out dvd's and not cd's as well?) and also bad if you are selling say 6 books as a set on 1 auction.
  • frivolous_fay
    frivolous_fay Posts: 13,302 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker Mortgage-free Glee!
    Sounds as though there is a small glitch with paypal and their 21 day hold thing - but there's a way around it.

    http://forums.ebay.co.uk/thread.jspa?threadID=1200255495&tstart=0&mod=1224585895696
    My TV is broken! :cry:
    Edit: refunded £515 for TV 1.5 years out of warranty - thank you Sale of Goods Act! :j
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