1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Paypal Hold Workaround

Discussion in 'Ebay' started by demoncrest, Jul 2, 2010.

  1. demoncrest

    demoncrest Registered Member

    Joined:
    Sep 16, 2009
    Messages:
    83
    Likes Received:
    8
    Location:
    Vancouver, BC, Canada
    Hey all, I havent been online for wow... quite awhile! Been busy with summer university courses and all, but right before I got busy I was doing some drop-shipping.

    After returning I still see that paypal money holds are a problem, so I am wondering if people have found little ways to work around them yet?


    What I always did in the past was just previous to listing an item on ebay, transfered however much money I needed to my paypal account so I could buy items from wholesalers ASAP, and then when they receieve it (ASAP) I would get the money removed from a hold. I would still end up with profits of course and then just keep upscaling from my money which was already available to be "'insta'-used".

    Still the best sort of method? I know some people say to use alternate payment methods etc. but if you begin to re-sell/dropship replicas coming from China or wherever, and only accept alternate payments you will start to lose customers and look like a scammer lol.


    Inputs/Comments/Suggestions anyone?

    And also, GLAD TO BE BACK :D!!!!!

    ~ [D]C
     
  2. eBayMafia

    eBayMafia BANNED BANNED

    Joined:
    Jun 22, 2010
    Messages:
    459
    Likes Received:
    284
    That is the "Reserve Method" many people are starting to use, myself included. A lot of people who were undercutting competition with dropshipped goods and hardly making a profit after fee's were insta-screwed when PayPal really began placing the 21 day hold on the funds.

    I always have a $4,000 "Reserve Amount" in all of my PayPal accounts. As soon as a customer orders an item, I use my reserve amount to purchase the item and have it sent to my customer. When feedback is left on eBay, or there is proof of shipping and the item has been marked as delivered, I receive the money.
     
  3. oneoffg

    oneoffg Newbie

    Joined:
    Jun 16, 2010
    Messages:
    14
    Likes Received:
    2
    Yeah try refunding your customer one cent and the hold usually gets released.
     
    • Thanks Thanks x 1
  4. jheyslow

    jheyslow Senior Member

    Joined:
    May 11, 2010
    Messages:
    895
    Likes Received:
    718
    Occupation:
    trying new things
    Anyone tried this?
     
  5. eBayMafia

    eBayMafia BANNED BANNED

    Joined:
    Jun 22, 2010
    Messages:
    459
    Likes Received:
    284
    Used to work a year ago, I've heard of it not working anymore.
     
    • Thanks Thanks x 1
  6. Castansa

    Castansa Newbie

    Joined:
    Apr 1, 2010
    Messages:
    19
    Likes Received:
    2
    refunding dont work anymore, get your DSR up
     
    • Thanks Thanks x 1
  7. schwuller

    schwuller Newbie

    Joined:
    Jun 10, 2009
    Messages:
    19
    Likes Received:
    9
    the refund trick DID work. i used it over 20 times. it has not worked since 2009, however. get a merchant account, say goodbye to paypal and its problems forever. its a little bit of work to get a merchant account, but it is the most important aspect of doing business on that site right now. do it. thank me later!
     
    • Thanks Thanks x 1
  8. pamon

    pamon Junior Member

    Joined:
    Jan 8, 2009
    Messages:
    132
    Likes Received:
    11
    paypal has screwed thousands for a while. agree w/ getting a merchant acct
     
  9. jheyslow

    jheyslow Senior Member

    Joined:
    May 11, 2010
    Messages:
    895
    Likes Received:
    718
    Occupation:
    trying new things
    You mean you got limited? BTW, The funds will be released after 180 days. or you can photoshop the documents.
     
  10. neonman

    neonman Newbie

    Joined:
    Dec 29, 2009
    Messages:
    30
    Likes Received:
    3
    paypal is a SCAM, they screwed me with $ 6720 ,
    its hold since 34 days
    Buyer got product, left ++ feedback
    Still payment is on HOLD
    I called up
    they are ALWAYS ready with
    scammy stories abt buyer protection
    bla bla

    BEWARE PAYPAL USERS
     
    Last edited: Jul 19, 2010