Typically 2-4 weeks????
My experience as a buyer and seller using Paypal over their existence, before and after Ebay purchased them, is typically less than 24 hours to clear. In maybe 2-3 cases in over 500 transactions, it was held for 1 week or so and those were echecks.. Maybe they just like me. They have also fought for me on issues that went bad and found in my favor 100% of the time.. again usually in days.. not weeks. as they have specific time policies for arbitration.. and they are quite reasonable. Doug KD8B From: Repeater-Builder@yahoogroups.com [mailto:repeater-buil...@yahoogroups.com] On Behalf Of Don Kerouac Sent: Wednesday, March 17, 2010 1:46 AM To: Repeater-Builder@yahoogroups.com Subject: [Repeater-Builder] Controller order PayPal problems I have been burned by PayPal several times. The real reason they put the "hold" on your checks or "hold" money owed to you has nothing to do with your ratings and little to do with security. Basically, they control billions of dollars in transactions ever month through EBay. By "holding" the money even a few days (typically 2 to 4 weeks), PayPal makes millions in free interest on your money (your interest, actually). There is little regulation in the industry and since EBay owns PayPal, they can pretty much do as they please with your money and you can just lump it. I'm a capitalist and I hate unnecessary government regulation and any form of socialism. However, I don't see any change soon as these guys are cozy with legislators. Remember, next election, use the "NRA" method of voting.Never Re-elect Anyone! 73, Don K9NR E-mail message checked by Spyware Doctor (7.0.0.514) Database version: 6.14570 http://www.pctools.com/spyware-doctor-antivirus/ <http://www.pctools.com/en/spyware-doctor-antivirus/>
<<image001.jpg>>
<<image002.jpg>>
