PayPal Complaint - Never had a selling problem, paypal decides to start holding my funds.
As we all know, Paypal is owned by Ebay, and anyone who sells on Ebay knows that Ebay takes a large chunk of money out for fees for selling, and fees for using Paypal. Well, about a month a go, I received an email saying that Paypal is going to start holding funds in my account for 21. yes TWENTY ONE days. Its absolutely ridiculous. I have 80 points on Ebay, have sold everything from 2 dollar DVDs to a 9 THOUSAND dollar camper on Ebay, and NOW they want to hold money from me? Does anyone else think this company is ass-backwards? I have never had a negative, or a claim against me. You would think since they are holding your money for 21 days, they should at least pay you INTEREST on it! Ugh if there was any other online payment company to use on Ebay, I would use it. Unfortunately we all know Ebay and Paypal has a monopoly, so what else can I do? I know this will fall on deaf ears, but just had to get it out of my system. Thanks for listening!