PayPal hold on funds?

[kmac32]

Question for th boards. Has anyone every had a hold placed on funds 3 weeks after a buyer has paid with PayPal. Got a notice this morning from PayPal for an auction that had ended January 14 and the seller had paid on January 21. We contacted PayPal and the representative really could not explain what was going on. I would assume that if there were an issue with the cards bought that we would have seen something through eBay. There is no case opened and no correspondence from the buyer. The buyer is new to eBay and has been buying post war cards like crazy. Mine are the only prewar cards he has bought. They were definite beaters and the whole transaction was $11.00. Kind of weird.

[drc]

I think in certain situations eBay can delay transferring payment, when nothing bad happened. In these situations, the seller gets money but after a delay period. I think but am not sure that when an eBay seller is a totally new, this delay can happen for a while. In short, I believe delays/holds can happen with PayPal when there isn't a horrible problem and the seller ends up getting the money.

I don't know if this relates to your specific situation, and perhaps there is a specific issue with the buyer.

[kmac32]

Originally Posted by drc

I think in certain situations eBay can delay transferring payment, when nothing bad happened. In these situations, you would get your money fine but after a delay.

I don't know if this relates to your specific situation, and perhaps there is a specific issue with the buyer.

Would an example of what you are talking about be lack of funds in the buyers bank account. Might be an easy explanation with all the buying he is doing?

[drc]

I edited my post before I read your follow up.

What you said about funds is possible. I don't know. I don't use a credit card, but PayPal wouldn't let me pay in the first place if I didn't have sufficient funds in my account. They don't doesn't accept ghost funds.

But, as I said, it's sometimes PayPal's standard procedure to delay transfer even if nothing nefarious has happened. In many ways they're like a brick and mortar bank.

If there was a dispute with you as the seller, you would have been already clearly notified.

[vintagerookies51]

This happened to me awhile back. They held my funds for a few weeks. I don't know if it's the same in your case, but they told me they'd release the funds when the buyer confirmed that they got the card (when they leave feedback). It's to prevent you from buying something with that money in case something happens in which you need to give a refund to your buyer.

[EvilKing00]

Happened to me about a year ago, a guy bought a card from me and the payment was on hold. Never got a reason, but i got the money about 2 weeks later.

[g_vezina_c55]

I have a friend who have now this problem too. My friend is a powerseller but it is due to a couple of buyer who send to my friend positive feedback but put like 2 stars on his shipping charge ratting.. and now my friend have a lot of trouble with paypal... his funds is blocked since 1 month now...

[kmac32]

Originally Posted by vintagerookies51

This happened to me awhile back. They held my funds for a few weeks. I don't know if it's the same in your case, but they told me they'd release the funds when the buyer confirmed that they got the card (when they leave feedback). It's to prevent you from buying something with that money in case something happens in which you need to give a refund to your buyer.

The only issue is see with this is that in all his buying, he has yet to leave anyone feedback. Since leaving feedback is not mandatory for eBay, seems like a pretty lame way of doing things. It's only $11.00 so doesn't have any bearing on my purchasing from sellers. If its a question about my shipping, all they have to do is look at my feedback and see that I ship the day after I get paid in every case. The rep asked about tracking and we explained that it would cost more to track than it is worth. Got the impression that they were trying to get us to buy our shipping and postage from them at an inflated price. eBay/ PayPal and their policies, enough to drive anyone crazy.

[pepis]

Originally Posted by kmac32

Question for th boards. Has anyone every had a hold placed on funds 3 weeks after a buyer has paid with PayPal. Got a notice this morning from PayPal for an auction that had ended January 14 and the seller had paid on January 21. We contacted PayPal and the representative really could not explain what was going on. I would assume that if there were an issue with the cards bought that we would have seen something through eBay. There is no case opened and no correspondence from the buyer. The buyer is new to eBay and has been buying post war cards like crazy. Mine are the only prewar cards he has bought. They were definite beaters and the whole transaction was $11.00. Kind of weird.

Sounds like the buyer didn't receive the item and notified P-Pal, now you have a few days to provide electronic prove of shipping DC if you cant
he'll probably escalate the issue to a claim and get his $$ back

[kmac32]

Originally Posted by pepis

Sounds like the buyer didn't receive the item and notified P-Pal, now you have a few days to provide electronic prove of shipping DC if you cant
he'll probably escalate the issue to a claim and get his $$ back

The sad thing is that we verified address and sent day after he paid if that is what is going on. He also waited a week to pay for the items. What ever happened to communication between a buyer and seller? If I have an issue with a seller, I email. We did send an email to the buyer to see if they could give some light to the subject. Haven't heard anything yet.

[Ronnie73]

I used to make all my purchases with a postal money order because I didn't have a Paypal account. Well after missing out on some good auctions I opened a Paypal account. Paypal would hold the money for about a week before transfering it when doing an e-check. That problem was finally fixed after I added a debit card to my Paypal account and now its an instant transfer. Maybe thats why your money is being held up.

Edited to add: The seller sent the card out right away to me because the funds showed in their account but they didn't know they couldn't access them. It was very stressful for the seller. The card was a T206 Hal Chase Blue Portrait Sovereign 460 SGC 60 for a Buy It Now of $245. It was listed for less than 5 minutes when I bought it. We had multiple friendly emails each day until the funds were accessable. We both left positive feedback.

[kmac32]

For any interested, the buyers eBay name is maedad7. He still hasn't responded to our earlier email and not sure whether PayPal is playing games or if the buyer is playing games. He has been buying 50's and 60's stuff like mad and a bunch of newer basketball stuff. Just a FYI.

[sdkammeyer]

I had one of these strange holds placed a few weeks back. if anybody really wants to know the buyers ID is templarfsgt

Anyways, he bought a $34 card off me and told me his payment was going to be held. No big deal .... usually a 5-7 day thing until the payment clears his bank. It turned into a 10 day thing and i contacted the buyer and he replied. after 20 days i contacted the buyer and he replied. after 24 days the "payment pending" icon disappeared. I contacted the buyer 3 times over the next 3 days and heard nothing back ..... so i filed the non-payment bullcrap.

still never heard anything from him or got a payment.

[digdugdig]

Originally Posted by kmac32

For any interested, the buyers eBay name is maedad7. He still hasn't responded to our earlier email and not sure whether PayPal is playing games or if the buyer is playing games. He has been buying 50's and 60's stuff like mad and a bunch of newer basketball stuff. Just a FYI.

maedad7...just recently became my 1st ebay blocked bidder. No pay, no contact. Had over 100 feedback rating but also the "new member" icon next to his name.

[kmac32]

Update!!! Looked at PayPal account detail and in fine print it said user is unregistered. What the Heck does this indicate? Does it mean that he does not have a PayPal account? If so, I would call that theft.

[sb1]

Originally Posted by kmac32

Update!!! Looked at PayPal account detail and in fine print it said user is unregistered. What the Heck does this indicate? Does it mean that he does not have a PayPal account? If so, I would call that theft.

That's code for you ain't gettin your money. He probably registered on Ebay and then for one reason or another(fill in the blank, hint, put "did not pay for goods won"), he is no longer a participant in the safest and most transparent game in town.

[kmac32]

Originally Posted by sb1

That's code for you ain't gettin your money. He probably registered on Ebay and then for one reason or another(fill in the blank, hint, put "did not pay for goods won"), he is no longer a participant in the safest and most transparent game in town.

Sounds like we need to open a case against him so he can't leave feedback. Not out much but it's the annoyance of it all. Will give it til Monday the game on.