PayPal sucks, part 12301094356293

So, did anyone else get an email informing them that PayPal would be holding money they receive for 21 days?

Yeah. Just got off the phone with them about this new and exciting way they’ve figured out to make their customers’ lives difficult. I RARELY SELL THINGS ON EBAY. Almost all my payments are for writing services. But apparently if I don’t want this money held, I have to have it sent to me as a personal payment.

This was the explanation:

“We reviewed your account and determined that there’s a relatively higher than average risk of future transaction issues (such as claims, or chargebacks, or payment reversals). We understand that it may be inconvenient to have your payments temporarily held but please know that we didn’t make this decision lightly.

Before deciding to hold payments, we consider many factors. These factors include account and transaction activity, the rate of customer disputes, the type of business a seller runs, average delivery timeframes, customer satisfaction, performance and history.”

I DON’T HAVE CUSTOMERS YOU ASSHATS. My publisher pays me royalties via PayPal. And I frequently transfer money between my two accounts. The guy I talked to said they’d “review my account.”

On top of the roughly two dozen trolling calls I’ve gotten this morning from doctors, body shops and chiropractors (I was in a very minor fender bender last night), this day is shaping up to suck a lot.

24 February 2012 ·

4 notes

  1. havingbeenbreathedout said: I just got this notice as well - and have never had any of the issues they “identified” as likely to pertain to my account. If only they weren’t so &%$#@! convenient for customers I’d drop ‘em. Hateful company.
  2. merlin513 said: Their way of maximizing profit by collecting interest on the millions of dollars they are holding for 21 days, instead of letting the true recipients profit from it @_@
  3. billiethepoet said: This a great big sandwich of suck. I’m glad you’re okay though!
  4. madlori posted this

Who is the MadLori?

I'm Lori. I'm 38, a scientist and a freelance writer. Fanfiction is my drug of choice. This is where I dump all my obsessive fannishness along with whatever else strikes me. At the moment the dominant fandom is Sherlock. That can change at anytime. Be warned. Eye protection should be worn in this area.

I have published one novel, a gay romantic thriller, under my pseudonym. You can buy it here or at Amazon.

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