demoncrest
Registered Member
- Sep 16, 2009
- 83
- 8
Hey all, the only thing which seems to be limiting my ebay success is the fact that gaypal puts hold on most large amounts of payments until either a few weeks has gone by (21 days if I am right??) or else until the buyer has marked that they have received your product.
The method that I am using right now is just to simply have a large amount of money in my gaypal account so that I can still pay for dropshipping the item with my own funds until the buyer's funds are released to me. I believe this is called the reservoir method?
Anyways, when selling replicas this is already a risky business and this method is a little risky, putting excess funds on your gaypal preemptively, and then hopefully not getting your account frozen with all of your funds on it. I am not stupid and keeping thousands of dollars on my account at a time but at the same time I really want to start up-scaling =(
If anyone has some ideas for still using gaypal and eGay together I would be very interested! Also, does *A*mazon do holds on your funds also? I was thinking of maybe switching my focus to there instead, it also avoids most of the fees.
Thanks for reading!!!! Looking forward to some replies!
~ D[C]
The method that I am using right now is just to simply have a large amount of money in my gaypal account so that I can still pay for dropshipping the item with my own funds until the buyer's funds are released to me. I believe this is called the reservoir method?
Anyways, when selling replicas this is already a risky business and this method is a little risky, putting excess funds on your gaypal preemptively, and then hopefully not getting your account frozen with all of your funds on it. I am not stupid and keeping thousands of dollars on my account at a time but at the same time I really want to start up-scaling =(
If anyone has some ideas for still using gaypal and eGay together I would be very interested! Also, does *A*mazon do holds on your funds also? I was thinking of maybe switching my focus to there instead, it also avoids most of the fees.
Thanks for reading!!!! Looking forward to some replies!
~ D[C]
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