Paypal is no pal

This is a sore subject, Paypal places “temporary holds” on any refund received, even when the funds from that purchase/refund are being collected from the bank account of the Paypal account holder.

Why the hold? The buyer purchases something and an instant payment is sent to the seller, if the seller, like in my situation, sends an instant refund to PaypalPaypal then places the funds from that refund on hold until Paypal claims they have been received by them. Some people say they have waited as long as 4-7 days other as long as 7-14 days without explanation from Paypal.

If you think Paypal is a great way to shop online your wrong! If you purchase something and there’s an issue with that purchase, and a refund is given to Paypal, they will still charge your account and then place your own funds on hold until they decide to release them.

Here’s a Paypal Alternative:


Enhanced by Zemanta

15 thoughts on “Paypal is no pal

  1. I just want to say I’m very new to blogging and honestly liked this web-site. Almost certainly I’m going to bookmark your blog post . You surely come with beneficial posts. Appreciate it for sharing your webpage.

  2. Simply desire to say your article is as amazing. The clarity in your post is simply cool and i can assume you’re an expert on this subject. Well with your permission let me to grab your RSS feed to keep up to date with forthcoming post. Thanks a million and please keep up the rewarding work.

  3. Can I just say what a relief to find someone who actually knows what theyre talking about on the internet. You definitely know how to bring an issue to light and make it important. More people need to read this and understand this side of the story. I cant believe youre not more popular because you definitely have the gift.

  4. I don’t leave a response, but I looked at a ton of comments on this page Paypal is no pal | Infomercials & Monopolies. I actually do have some questions for you if you do not mind. Is it just me or does it look as if like some of the remarks look as if they are coming from brain dead individuals? 😛 And, if you are writing at additional online sites, I’d like to keep up with you. Would you list of every one of all your social networking pages like your twitter feed, Facebook page or linkedin profile?

  5. Thanks for the marvelous posting! I seriously enjoyed reading it, you’re a great author.I will be sure to bookmark your blog and will come back in the future. I want to encourage one to continue your great posts, have a nice holiday weekend!

  6. Simply desire to say your article is as amazing. The clarity for your post is simply great and that i could think you are an expert in this subject. Well with your permission let me to clutch your RSS feed to stay up to date with impending post. Thank you 1,000,000 and please continue the enjoyable work.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s