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PayPal hold on funds?
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.
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Favorite MLB quote. " I knew we could find a place to hide you". Lee Smith talking about my catching abilities at Cubs Fantasy camp. |
#2
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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. Last edited by drc; 02-14-2013 at 02:24 PM. |
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Quote:
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Favorite MLB quote. " I knew we could find a place to hide you". Lee Smith talking about my catching abilities at Cubs Fantasy camp. |
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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. Last edited by drc; 02-14-2013 at 02:50 PM. |
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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.
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Collecting nice-looking but poorly graded cards of legendary HOFers Last edited by vintagerookies51; 02-14-2013 at 03:26 PM. |
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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.
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Successful transactions with: Drumback, Mart8081, Obcmac, Tonyo, markf31, gnaz01, rainier2004, EASE, Bobsbats, Craig M, TistaT202, Seiklis, Kenny Cole, T's please, Vic, marcdelpercio, poorlydrawncat, brianp-beme, mybuddyinc, Glchen, chernieto , old-baseball , Donscards, Centauri, AddieJoss, T2069bk,206fix, joe v, smokelessjoe, eggoman, botn, canjond Looking for T205's or anything Babe Ruth...email or PM me if you have any to sell. |
#7
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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...
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Favorite MLB quote. " I knew we could find a place to hide you". Lee Smith talking about my catching abilities at Cubs Fantasy camp. Last edited by kmac32; 02-14-2013 at 03:48 PM. |
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he'll probably escalate the issue to a claim and get his $$ back |
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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.
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Favorite MLB quote. " I knew we could find a place to hide you". Lee Smith talking about my catching abilities at Cubs Fantasy camp. Last edited by kmac32; 02-14-2013 at 07:37 PM. |
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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.
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Ron - Uncle Nacki T206 Master Monster Front/Back Set Collector - www.youtube.com/unclenacki T206 Basic "The Monster" Set 514/524 T206 Advanced "Master Monster" Front/Back Set ????/5258 COMPLETE T206 BACK SUBSETS Old Mill Southern Leagues - Black Ink 48/48 Sweet Caporal 350-460 Factory 30 Full Color "No Prints" 28/28 NEAR COMPLETE T206 BACK SUBSETS Polar Bear 245/250 Sovereign 460 50/52 Sweet Caporal 150 Factory 649 Overprint 31/34 Piedmont 350 "Elite 11" 9/11 Last edited by Ronnie73; 02-14-2013 at 09:44 PM. |
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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.
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Favorite MLB quote. " I knew we could find a place to hide you". Lee Smith talking about my catching abilities at Cubs Fantasy camp. |
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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. Last edited by sdkammeyer; 02-15-2013 at 12:53 AM. Reason: added buyers ID |
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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.
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Favorite MLB quote. " I knew we could find a place to hide you". Lee Smith talking about my catching abilities at Cubs Fantasy camp. |
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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.
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#17
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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.
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Favorite MLB quote. " I knew we could find a place to hide you". Lee Smith talking about my catching abilities at Cubs Fantasy camp. |
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