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Paypal is now holding funds from sellers at their discretion. Many people rely

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glinda Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-30-11 11:35 AM
Original message
Paypal is now holding funds from sellers at their discretion. Many people rely
upon Ebay & Paypal for living expenses, bills, food, you name it. They can hold funds that are due to the seller up to 31 days or whatever amount they wish, collecting interest upon the accounts and denying people small incomes. There are many seniors who use Ebay.

If you want to, please use the link below to make a complaint.



http://mn.gov/commerce/images/General_Complaint_Form.pdf
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glinda Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-30-11 11:50 AM
Response to Original message
1. Forgot to add that I was told by a Paypal Supervisor that it also applies to any "sales" transaction
Can be even outside of Ebay.
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qb Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-30-11 12:54 PM
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2. I dumped PayPal after they got busted whoring for the State Department to withhold Wikileaks $
I guess I'm never going back.
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Mister Ed Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-01-11 07:08 PM
Response to Original message
3. Article listing alternatives to PayPal (found the link in a recent DU Post):
Courtesy of DUer lbrtbell:

http://lifehacker.com/5821634/why-you-should-ditch-paypal-and-use-these-other-services-to-send-people-money


By Adam Dachis
Jul 15, 2011 12:00 PM

Why You Should Ditch PayPal and Use These Other Services to Send People Money



PayPal is generally seen as the definitive way to pay people online, but it's not necessarily the best. There are plenty of other great services out there that offer added benefits with far less hassle. Here's a look at our favorites.
Why You Shouldn't Use PayPal

Why is PayPal bad? It's not, in theory. It's an easy way to send and receive payments using your email address and that's a great idea. I've been a PayPal user for over a decade and when it began it was a wonderful service. But like it often happens when companies grow very large, they start to suck. They like to make poor decisions in the name of security, such as holding your money under review for no reason, draining your checking account when you report fraud, putting 20% of your money in a rolling reserve account without asking, and much more. Personally, despite being a long-time user, I've had funds held for virtually no reason at all on several occasions and a number of other minor but nonetheless inconvenient problems.
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