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Can I deal with Ebay/Paypal 21-day delay like this?

Discussion in 'Ebay' started by michaeladewale2010, Sep 11, 2016.

  1. michaeladewale2010

    michaeladewale2010 Junior Member

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    so i've just been thinking...i want to get into ebay dropshipping...been pondering this and reading about it for weeks...somehow i managed to find some tools to help in my arbitraging efforts....but i am faced with the same challenge that many starters are usually face with...the 21-day delay from paypal in releasing your money for new accounts...i have an old paypal account...maybe over a year and its been very active by me buying a lot from others and sending money to people....but my ebay account is less than 2 months old with no transactions yet..so im not sure if they will still hold the funds for 21-days.

    but to avoid this i thought up this strategy...and i'm not sure how safe it is but i thought to throw it here first to see what you guys think as some people may be doing it already. here it is:
    when i make my listing on ebay, i mention in my listing for buyer to allow upto 30 days to receive the item. i also intend to make my shipping free for all my items...this way they see they are getting free shipping, within 21 days paypal lets go of their payment, i pay my dropshipper who ships the items immediately and all things being equal they get the item before the 30th day.

    only challenge i see with this is the item running out of stock....but i think its a better option than just sitting down and doing nothin when u have limited capital to buy the goods before the 21 day hold is over. what do you guys think? is anyone doing this at the moment? how do buyers react to such on ebay?
     
  2. lincher

    lincher Junior Member

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    You get your money in 3 days after the item is delivered on the tracking. Your idea won't work. Most ebay buyers don't even check such info and they will get pissed at you. The only way for you is to slowly grow capital by selling small amounts.
     
  3. ego_whore

    ego_whore Regular Member

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    Grind it out, and like lincher mentioned, money is released faster than 21 days after you input the tracking # in your PP.
     
  4. michaeladewale2010

    michaeladewale2010 Junior Member

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    for how long do they do the 21 day hold on new accounts?
     
  5. mrgeorge01

    mrgeorge01 Junior Member

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    If you want to get pass the hold amounts, I suggest selling organically your first 25 items. Just hit a thrift store, resell for atleast 10$, 25 X 10$ = 21 day hold limit surpassed. Or sell some household shit, old TVs, video games, etc.
     
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  6. Worldlad

    Worldlad Newbie

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    Items that are sent in the same country you live in take 7 days for payment with tracked delivery if it's not tracked then it's 14 days. Worldwide shipping will be paid to you in 14 days with tracked mail without tracked mail is 21 days.

    Get one complaint or problem or money will be held like this for nearly 1 year, have a good credit rating and don't have complaints within 2-3 months your account will revert to immediate payout.

    If you already have a Paypal account be warned they do not like this and you run the risk of limited account.
     
  7. toml3030

    toml3030 Elite Member

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    I'm running one account that had 21 day hold for almost a year, but then they lifted it and raised my limit from 50/5000 to 350/75000 so keep plugging away.
     
  8. neelstulk

    neelstulk BANNED BANNED

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    They will take the 21 day hold off once you have sold enough.