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 Whats next? 
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Post Whats next?
Copied this from another forum, but I thought you guys might like the heads up.
Are the ebay sellers Ready to have their funds held for up to 7 weeks by PayPal, while their customers enjoy 49 free days usage of their items. Up to 21 days to clear an eCheque, 21 more days for PayPoo to decide if the customer is happy with the item and 7 more days to clear the funds to your own account.

At an educated guess that's £2.5M held in limbo every day, making interest for eBay. That will swell eBays' account for funds in transit to £122M based on a 49 day clearing cycle.

I *may* have the details wrong - but it's something like

any sellers newly registered or

with less than 100 fb

or with not so good dsrs

selling expensive or high scam items

then paypal *may* hold all or some of the payment for upto 21 days or until + feedback has been left or until receipt of the item has been confirmed

check the announcements over there. It's not cool for sellers that it hits!

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Wed Apr 09, 2008 7:41 am
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It stinks to be honest.
Why can't they treat reasonable sellers with a reasonable amount of respect? :(

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Wed Apr 09, 2008 8:50 am
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It won't affect me as my DSR's are fine, i have more than 100 FB and i sell high volume low priced items, however i think the whole idea is pathetic, on average i find that 15-20% of buyers never bother leaving feedback anyway so what happens with the funds then!!

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Wed Apr 09, 2008 9:31 am
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basically we all know what ebay is like. yet some swear by them and rely on them. yet the bad thing is. ebay are gettig like the premiership.. its all about money nowadays. and ebay are the worst for this.

2 words

money grabbers


Wed Apr 09, 2008 11:32 am
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Dave wrote:
on average i find that 15-20% of buyers never bother leaving feedback anyway so what happens with the funds then!!


That's a damn good point!

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Wed Apr 09, 2008 11:35 am
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there's another thread on this matter Here. The funds will be held for 21 days unless feedback is left sooner, and if delivery has not been disputed by the buyer by day 21, seller gets the funds. In truth it will not affect many sellers, only newbies/potential scammers.

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