Paypal is holding my money from a refund for 3-5 business days which I think is dumb because it will send the same day.
Is there anything else out there that can be used?
Is there anything else out there that can be used?
paypal sucks! is there another option?
- Thread starter tuffstuff07
- Start date
The old fashioned way - a check in the mail. No commission either!
u guys do realize that most of the time paypal does not have the money before it hits ur account right? the only time they do is if u use an echeck which is why they barely charge any fees on an echeck payment cuz there's no risk to them.
on credit card and bank transfers, they actually pay the recipient out of their own pocket before getting the money. if u've ever paid anyone with a bank transfer on paypal u'll notice that the guy u're sending it to gets it right away but it won't show up as a debit on ur statement for a few days. and that's not just the statement taking time to update, if u check the dates, the money literally does not leave ur account until a few days later. this is why paypal charges fees.
in ur situation if it's from a bank account then paypal will debit the account in question and take the money out before they refund u. if it's from a credit card, they will place a hold on the funds on the card and once that money is released to them, they will refund the money to u. this is to prevent them from giving u the refund and not being able to get the money for whatever reason (bank account overdrawn etc.). they dont want to release the money to u, not get it from the other guy's account then realize that u already spent it. now they're out that amount of money for no reason.
if it's from the guy's existing paypal balance, they're probably waiting for ur initial payment to clear completely before issuing the refund.
on credit card and bank transfers, they actually pay the recipient out of their own pocket before getting the money. if u've ever paid anyone with a bank transfer on paypal u'll notice that the guy u're sending it to gets it right away but it won't show up as a debit on ur statement for a few days. and that's not just the statement taking time to update, if u check the dates, the money literally does not leave ur account until a few days later. this is why paypal charges fees.
in ur situation if it's from a bank account then paypal will debit the account in question and take the money out before they refund u. if it's from a credit card, they will place a hold on the funds on the card and once that money is released to them, they will refund the money to u. this is to prevent them from giving u the refund and not being able to get the money for whatever reason (bank account overdrawn etc.). they dont want to release the money to u, not get it from the other guy's account then realize that u already spent it. now they're out that amount of money for no reason.
if it's from the guy's existing paypal balance, they're probably waiting for ur initial payment to clear completely before issuing the refund.
done!!
i'm done with Ebay and paypal..its just a good way to screw people in a nice way out of money....so i guess if you want to go that way add in the extra 8% on the shipping....hence: sell for 375.00/shipping add 20.00 ebay,then add fees, paypal gets a 12.00 cut, and you have sold your product for 342.00 or less......life is good
i'm done with Ebay and paypal..its just a good way to screw people in a nice way out of money....so i guess if you want to go that way add in the extra 8% on the shipping....hence: sell for 375.00/shipping add 20.00 ebay,then add fees, paypal gets a 12.00 cut, and you have sold your product for 342.00 or less......life is good