ebay and Paypal funds
Whats the deal with PayPal funds these days?
Just heard if you sell and are paid via PayPal they hold funds for up to a month after transaction? Think of the interest being made on all the funds being 'held'.
edit: Just researched and came up with the following:
While you establish your selling track record, access to funds from buyer payments may be delayed to help ensure items are sent as promised. Rest assured this is a temporary situation.
As soon as you meet all of the following criteria, payments from your buyers will generally be available immediately:
- It's been more than 90 days since your first successful sale and
- You've had more than 25 sales transactions and
- You've had more than $250 in total sales and
Back to Gumtree I guess until eBay wreck that too.
Mk2 2dr 2lt EFI quad T/B's Mk2 2dr Track Car project Mk1 2dr Mk2 2dr 2lt (Sold)