PayPal-specific issues

magicsnaps

Might it be time to devote a forum to sorting out PayPal's high-handed treatment of users? I am specifically concerned with it's naturally cosy relationship with eBay. In the past, an eBay deal was struck in cash or by cheque and settled within a couple of days, to mutual satisfaction. I am not a frequent seller of items on eBay, but recently experienced the effect of new rules, which FORCE sellers to offer eBay at no cost to the buyer but very considerable cost to the seller. This would be a fair system only if both buyer and seller shared the charges equally, but you don't have to be a rocket scientist to realise that it would then be far less profitable for PayPal as there would be little incentive to buyers to opt for PayPal unless they wished to 'purchase' the security aspect. To add insult to injury PayPal now insist sellers also accept PayPal's right to hold onto your money until either good feedback is posted or they have held your money for a period of weeks, without interest. I recently sold a computer on the third of December, immediately received rave feedback from my buyer but have yet to receive a penny from PayPal. Do the sums, PayPal is making a fortune out of slow paying and thereby ruining the eBay experience. Sheer greed! I have the feeling that a groundswell of hostility is building against these terms, which should be directed towards reforming them more fairly. What do you think?

Former_MSE_Andrea

Hi magicsnaps

Thanks for the suggestion, it's rather a niche subject for it's own specific board but feel free to post on the Shop but Don't drop or eBay boards though.

Andrea

magicsnaps

Thanks, Andrea. How do I forward this on to one of those forums? Do I have to start again so to speak?

Kind regards

nealallen

RE Paypal, I recently cancelled them and eBay, due to the fact Paypal seem to think they run the whole set-up now

They took money from my account, which I took weeks to get it back, then to top it all, after clearing my fees,I get an email from eBay saying I can't cancell my account asI have an outstanding balance of £22.00 :mad:

Note: This is a message for anyone that works for eBay or Paypal...you can go whistle for you money!

magicsnaps

It is really, really, frustrating trying to deal with PayPal. I sent numerous emails complaining about the delay in getting MY money into MY bank account but PayPal's replies seemed calculated to miss the point, even to the extent that I was wished a Happy Christmas! I get the feeling that the concept of paying US, the customers, interest on money owed would be difficult to get across to them...

custardy

bet place for paypal qu's is the ebay forum

magicsnaps

custardy wrote: »

bet place for paypal qu's is the ebay forum

Thanks. I agree. I have already started posting on the ebay forum, with quite a few responses etc.

cjpunkz

Are there really delays on transferring money from paypal to banks? It's indicated on their FAQs that it takes 2 weeks, but would it take longer than that? I want to know the experiences of users regarding online money transfer from paypal because I am planning to use it in the future. I just want to know what I am getting myself into.

magicsnaps

cjpunkz wrote: »

Are there really delays on transferring money from paypal to banks? It's indicated on their FAQs that it takes 2 weeks, but would it take longer than that? I want to know the experiences of users regarding online money transfer from paypal because I am planning to use it in the future. I just want to know what I am getting myself into.

Why do we accept that two weeks is OK? These are electronic transfers which should only take hours. What are they doing with the money in the meantime to their advantage? I don't think it is good enough.

custardy

agreed,iirc in the USA its done in much shorter time

magicsnaps

custardy wrote: »

agreed,iirc in the USA its done in much shorter time

iirc?? Don't know this.