Ebay/Paypal holding funds?

Verse1 · Feb 18, 2012

Just sold a card on ebay for the first time in about a year and noticed the funds are on hold. Is this normal these days? I have sold many cards in the past on ebay without this crap, I don't really want to send a $4000 item to HK without actually having the money in my hands first!

skip20 · Feb 18, 2012

Yep, same thing has happened to me - I;ve sold cards before but when you look into it they say that they hold funds because you haven't sold that many items or your feedback scores are too low in a particular category such as shipping. To cut a long story short there's nothing you can do about it!

Verse1 · Feb 18, 2012

Im not comfortable with that so looks like I might have to take a negative. I'll refund the buyer and explain the situation hopefully they understand.

lilreddevil · Feb 18, 2012

Verse1 said:
Im not comfortable with that so looks like I might have to take a negative. I'll refund the buyer and explain the situation hopefully they understand.

Any reason why they're holding funds? Like do you have to verify any information?

Shaun · Feb 18, 2012

Nah there just been jerks about it coz they hate there sellers but love there buyers a little too much.

skip20 · Feb 18, 2012

Funds availability for eBay.com, eBay.ca and eBay.cafr sales

Both PayPal and eBay encourage consistent customer service so that buyers have a great experience when they shop on eBay. This helps protect everyone in a transaction. When sellers list on overseas eBay websites eBay.com, eBay.ca or eBay.cafr and they are yet to meet the selling standards required by these eBay sites, as well as PayPal's own risk standards, funds received into their PayPal accounts from sales through these sites may not be available for up to 21 days.
We'll always let you know if funds from any of your eBay sales are not available. The funds may be available sooner if we reasonably believe that the transaction has completed successfully. For more information please see clause 17 of our User Agreement.

What are eBay's selling standards and PayPal's risk standards?

If you, as an eBay seller, have a standard or above standard performance rating or a top-rated seller status in the eBay "Seller Dashboard", and an established selling history with eBay, the funds you receive from selling on the relevant eBay websites should be available in your PayPal account immediately after the buyer has paid, subject to any claims or chargebacks that may be filed.
However funds from your eBay.com, eBay.ca or eBay.cafr sales may be unavailable for up to 21 days if:

you have a limited selling history with the relevant eBay website, meaning:
- 90 or fewer days have passed since your first sale, or
- You've made 25 or fewer sales, or
- You've made $250 USD or less in total sales; or
you have a Below Standard rating in the eBay "Seller Dashboard"; or
there are sudden changes to your eBay account, for instance a high incidence of eBay Buyer Protection claims.

In addition, if PayPal believes there is an increased risk associated with you, your PayPal account, or any transactions in your PayPal account, funds received into your PayPal account from sales through these eBay websites may not be available for more than 21 days.

Verse1 · Feb 18, 2012

Just something to do with what Skip said, no real reason just some buyer protection bull ish. I'm not wiling to take a $4k loss if the buyer is shady

anakinleo · Feb 18, 2012

skip20 said:
Funds availability for eBay.com, eBay.ca and eBay.cafr sales

Both PayPal and eBay encourage consistent customer service so that buyers have a great experience when they shop on eBay. This helps protect everyone in a transaction. When sellers list on overseas eBay websites eBay.com, eBay.ca or eBay.cafr and they are yet to meet the selling standards required by these eBay sites, as well as PayPal's own risk standards, funds received into their PayPal accounts from sales through these sites may not be available for up to 21 days.
We'll always let you know if funds from any of your eBay sales are not available. The funds may be available sooner if we reasonably believe that the transaction has completed successfully. For more information please see clause 17 of our User Agreement.

What are eBay's selling standards and PayPal's risk standards?

If you, as an eBay seller, have a standard or above standard performance rating or a top-rated seller status in the eBay "Seller Dashboard", and an established selling history with eBay, the funds you receive from selling on the relevant eBay websites should be available in your PayPal account immediately after the buyer has paid, subject to any claims or chargebacks that may be filed.
However funds from your eBay.com, eBay.ca or eBay.cafr sales may be unavailable for up to 21 days if:

you have a limited selling history with the relevant eBay website, meaning:

90 or fewer days have passed since your first sale, or

You've made 25 or fewer sales, or

You've made $250 USD or less in total sales; or

you have a Below Standard rating in the eBay "Seller Dashboard"; or

there are sudden changes to your eBay account, for instance a high incidence of eBay Buyer Protection claims.

In addition, if PayPal believes there is an increased risk associated with you, your PayPal account, or any transactions in your PayPal account, funds received into your PayPal account from sales through these eBay websites may not be available for more than 21 days.

Based on these policies above, if the buyer raises any doubt that the transaction is completed, adios amigos to all your hard earned money!!!!! A lot of infrequent high-end sellers are going to get unknowingly stung by such a policy.

Verse1 · Feb 18, 2012

Exactly, I knew there was a reson I stopped using ebay. Back to selling on forums.

anakinleo · Feb 18, 2012

Hey Nick

Not sure if it might help. I know a couple of big time MJ buyers from Ebay, if you could share with me who bought the card, there is a possibility that I may be able to tell you if that buyer is legit. I'll leave it up to you. Cheers Alex

Verse1 · Feb 18, 2012

anakinleo said:
Hey Nick

Not sure if it might help. I know a couple of big time MJ buyers from Ebay, if you could share with me who bought the card, there is a possibility that I may be able to tell you if that buyer is legit. I'll leave it up to you. Cheers Alex

Hey Alex i've already sent a refund and sent a sale cancellation. The guy has about 100 positive feedbacks but his feedback doesn't have any bought items of this magnitude so i think its best to cancel. He looks to be a member on HK and OCT so i'll contact him and see if we can come up with a solution that we're both happy with.

taffster74 · Feb 19, 2012

This is one of the reasons why I have not gone paypal.

Ebay/Paypal holding funds?

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