Ebay and Paypal are sitting back making money at our expense. They claim to offer protection for sellers and buyers, if that is the case why cant I access my money right away as a seller? I sold a brand new in box t mobile cell phone yesterday. The email said my funds would be available to me instantly if I printed a shipping label from ebay or paypals website. I printed off of ebay, no money, I printed off of paypal,no money, so I printed yet again from usps website and uploaded the tracking info, still not able to access my money.
I paid 17.00 for 5.00 shipping and still cant get my money. I spoke with ebays supervisor Roel supervisor general support, he informed me that pretty much ebay and paypal are liars and crooks. He said that I will not have access to my money until 3days after the person gets the phone. Ok so they are protecting the buyer but not the seller. I cant get the money to ship tje phone anf then Im supposed to ship a 450.00 phone without having money in my hand? Come on, who do they think they are?
They said there were yo many disputes filed last year so the new ebay policy is, and they never inform you, if you are a new seller or you have sold less than 25 items, you do not have access to your money instantly. This is ridiculous, they sit at a desk taking our money for selling and paypal does the same, paypal automatically deducted their fee, but my money is pending. Paypal said I will not have access to the money until January 28th. Someone please tell me how this is even legal? Ebay and Paypal are committing fraud against sellers but make sure the buyer can rip us off.
In other words, I am supposed to send this phone that the buyer has paid for, but the funds are on hold, the buyer will have merchandise in their hands, I have no access to any money, then the buyer could easily reverse the payment. I dont even think so. That is fraud in every shape and form. DO NOT sell on ebay and DO NOT trust paypal, they are committing this fraud together and both companies are liars. Where is the seller protection here? Who are they to mess with my money and decide when I have access to it? They have no rights to my money, its illegal to withhold money that isnt theirs to begin with.
If anyone knows the law and knows where or who else to take this to, please let me know. I will lrobably start a petition or something to fight this. If you have ebay and paypal accounts, close them, everyone should close their accounts and refuse to let them take our money for free. We need to stop them from the fraud they are committing to everyone that has accounts with them. Spread the word, EBAY AND PAYPAL ARE CROOKS, LIARS, AND THIEVES. I refuse to sit here and take it and do nothing about it. They will be stopped!!!!