posted on November 13, 2002 07:07:53 AM new
Poorpal: Typical Paypal. Stall stall stall some more. Illegal. Do you have your money in the money market account (the one that pays interest). In that case file a complaint with the SEC and quickly you will have the money.
[ edited by Flaoisland on Nov 13, 2002 07:09 AM ]
posted on November 15, 2002 03:38:47 PM new
if he has past chargeback like 3800,then he could be selling electronic items which run into thousands,it is easy to accummulate 50k in your account.
he could need that money in paypal to pay his supplier,especially if he is using drop shipment.
drop shipper would not ship unless he gets paid ,unless you have an open account with them.
many ebay sellers and buyers come to post and they do not give the complete picture,leaving us second guessing what is the complete picture?
posted on November 15, 2002 07:47:59 PM new
i have read enough of these posts,often it is the ghost of xmas past haunting them.
say you use paypal and here comes a chargeback,and you decide to clean out your paypal account and/or close your bank account as well so paypal is left holding the bag.
since many of your buyers insist on using paypal,you are forced to go back to paypal with a different id thinking no one will know .
then paypal software gets more sophisticated and start putting 1 plus 1 together and lock up your account for deficit of prior account.
if you have a merchant account,the bank will just go dipping into your bank account and get the money,they are not going to say MAY I PLEASE,PRETTY PLEASE!!!
PAYPAL has flaws,it allows you to tap your fund immediately after payment received,more and more banks are now stretching the days it take to deposit fund in our account because we sell in cyberspace,only paypal allows us to tap into it rightaway.
