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

Paypal Payment Hold

Discussion in 'Ebay' started by fotbal5, Sep 21, 2011.

  1. fotbal5

    fotbal5 Registered Member

    Joined:
    Mar 29, 2010
    Messages:
    58
    Likes Received:
    1
    So i finally got a good online business going. Then paypal decides to hold my payments to make sure buyers will be satisfied. I have to wait until october 18th for my next evaluation.

    To make my business work i have to be able to get money from my buyer and pay the guy that ships it out. I do dropshipping. But if they hold my money I cant pay him.

    So what do I do to get my business up and running again. Should i get a new paypal? And should i buy a high feedback ebay account?

    Please give me advice if you've gone through this.
     
  2. gargamel159

    gargamel159 Newbie

    Joined:
    Jun 6, 2011
    Messages:
    46
    Likes Received:
    2
    i just got my account closed with over 800$ in it, so i think you should re-open new one. I have waited for over 2 weeks before they told me my account was closed, when they were just checking the transfer.
     
  3. jblaze

    jblaze Junior Member

    Joined:
    Mar 26, 2010
    Messages:
    171
    Likes Received:
    139
    Occupation:
    Marketing
    fotbal5, The payment holds you speak of happen often with PP/eBay
    transactions and I would expect the same with any PP/eBay accounts.

    From my experience they will remove the hold through 2 (simple) ways:
    1 - buyer leaves positive feedback (which you want to grow anyway)
    2 - you provide delivery conformation (which you want to track)

    I know these two things don't help you out in the very short-term. So.....

    - - Simply front the cost of starting your venture with your business funds and
    then once your sales go through and the items are delivered you'll get your money back.

    Then as your venture grows you'll have bank to rely on until the PP hold is released
    upon delivery conformation.

    Hope that helps ya bro
     
  4. fotbal5

    fotbal5 Registered Member

    Joined:
    Mar 29, 2010
    Messages:
    58
    Likes Received:
    1
    is there anything i can do besides whats already suggested. I dont really have that much money to front my business. I mean I'm a college student, pritty poor right now.
     
  5. jblaze

    jblaze Junior Member

    Joined:
    Mar 26, 2010
    Messages:
    171
    Likes Received:
    139
    Occupation:
    Marketing
    Hi fotbal5, Personally I am not aware of anything else through the options they
    provide. Keep researching and see if you could come up with another option to
    get you through the start up ;)
    Wish you the best!
     
  6. SmokeScreen

    SmokeScreen Registered Member

    Joined:
    Sep 23, 2011
    Messages:
    74
    Likes Received:
    12
    This is standard practice for new paypal accounts. EXPECT a 21 day delay in payments for at least 2 - 3 months, if you get less you are LUCKY!