Discussion - Member to Member Sales - Research Center
Discussion - Member to Member Sales - Research Center
They don't specify (or I haven't found) info on how many transactions or the length of time from account opening before it is "business as usual". But in the meantime it is a magnificent PITA. As you can see below, for what we do here on SOR a "new seller" would have to either:
(1) get a tracking number (not feasible unless the buyer is willing to pay 2-3 times more for registered mail rather than regular post; or
(2) Print a shipping label and wait for the buyer to confirm delivery (not feasible for the seller to have to wait possibly 3-4 weeks these days and rely on the buyer remembering to acknowledge receipt to PayPal).
An alternative (I've done this successfully once) is to tell PayPal this is a "Service/Virtual Product" not requiring shipping. I'm not sure, but I imagine PayPal will ask the buyer to confirm this. This is what I'm planning to do as I'm dropping the long-standing - and trustworthy - "lemaven" brand and will do all transactions under "HolocaustStamps" going forward. I'd appreciate my recent buyers helping out with this until this account gets "regular" status.
I don't think the new policy is uncalled for if the seller is actually new to SOR and PayPal. But for any of us old-timers (and mine may be a unique circumstance) using the "alternative" is something you might want to consider if you are planning to reposition yourself under the "SOR New World Order".
Stay Safe! David.
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David,
In PayPal, how do you get to this screen? I can't find this particular screen. When I hit the "Get Your Money" button it takes me through a process to confirm the order status as not needing shipping, but it hangs halfway through. I have submitted a ticket to their technical support who acknowledged the issue, but basically said "yeah, we've got a problem".
Can you give me instructions to navigate to the screen that you showed above?
Tim.
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07:01:33am
Off hand, it seems to me that this is primarily a scheme
to increase the "Float" so they can earn interest on
delayed payments.
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Yes Charlie, I'm sure that you are correct.
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08:54:54am
?I wonder just how much cash/funds passes through their hands per day.
If it is a billion dollars, every day's delay at 1% generates about $30,000 per day.
If memory serves me right when a real Estate Agent in Florida holds escrow money in an interest bearing account, he is only allowed to keep 1/5th for doing so. The balance goes back to the buyer or seller at closing or when the deal falls through. It can involve a complicated situation at times so most RE agents place escrow money in interest free accounts.
Perhaps there is a similar law for companies like Paypal, and if not, why not ?.
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Big Tech play the system globally and until all countries come together and change the rules we will be used and abused by them.
The British Government are trying to stop Big Tech by coming up with new tax regimes on them but what happens? the Current American Government threatens to put 25% Tarriffs on goods from the United Kingdom! (This was threatened last week)
So call your congress and senate and tell them to bring Big Tech to HEEL!
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Instructions (as per Tim's request)
...Go to the person whose payment is on hold and click the "On Hold" button. You'll see the page with all the details of the buyer and transaction.
...Click the "Get your money sooner" button. Et voila!
...Choose between "Product" or "Service or virtual product" (you will want to choose the latter) and you will see the instructions.
I'm sure their MBAs have figured out the revenue-optimization strategy, but I suspect that is simply a by-product of avoiding scams being run by people who open an account, "sell" something non-existent, pull the money out, then disappear until next time.
I think that's a reasonable policy, and am only pissed because they also apply this to a "new" account opened by an old customer who has already proven their honesty. It is also a pain that I will now have to go through the ritual (pretending this is a virtual purchase) for every buyer after I send the purchases out, and have them (presumably) confirm this.
Good luck, Dave.
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Had a look at my paypal account and can only confirm transaction after 48 hours so will look again tomorrow.
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I just received a refund throuh ebay for an item I purchased That hadn't arrived. It finally arrived so I went to do a refund back to the seller ,after chasing my tail through Paypal and not finding a way to do it (have done it several times in the past)not any more Paypal can no longer refund an eBay purchase .I contacted them and that is what they told me "contact the seller and get his paypal address to be able to do the refund.
this chap lives in the US His name is John D'Andrea lives in Cheektowaga I don't know if any of you know of him ,if you have an email address for him please let me know Thanks
Brian
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Unfortunately it is a consequence of the Ebay "brilliant" idea of controlling ALL payments.
It is another example of a system change that goes backwards instead of forwards.
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i haven't used Ebay for years, but I heard from familymembers who do that this new payment system is reason enough for them to quit Ebay altogether... I can't imagine Ebay's goal was to get rid of its customers, but it turns out that way.
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The real gotcha here is that while Paypal can say, "contact the seller and get his Paypal address (an email address)," the only way to contact an eBay seller is via eBay and eBay software specifically prevents anyone from including an email address in a response.
I had the same thing happen and could not get an email address to re-pay (not refund) a seller whose item took over two months to arrive and for which I had asked for a refund and got it at the 8 week mark. There may be ways to get the money to the original seller but it likely would involve them re-listing the original item as a BIN but that is a lot of hassle for a small item.
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08:54:23am
You have his address.
Check your original Paypal invoice (assuming you paid him directly by Paypal and not ebay Managed Payments). If so, his email address should be on the invoice.
Failing that, go "old-school" and send him a letter or postcard, including your email address and tell him you would like to pay him via Paypal if he will send you an email.
Roy
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I do have his postal address one of the few sellers who put a return address on the envelope some sellers don't even include an invoice or return address (Like they don't want you to know who they are)I had to reply through eBay and ask for his paypal address He does have my postal address may be all eBay sellers need to take heed and put their email address either on their invoice or with there return address,some do include a business card with there items.
I haven't sold on eBay for several years it's getting too complicated.And for what I sell not worth the bother.
Brian
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Roy said,
"You have his address. Check your original Paypal invoice (assuming you paid him directly by Paypal and not ebay Managed Payments). If so, his email address should be on the invoice."
Nope the original Paypal invoice on eBay sales does not include an email address just a name, details of the transaction and the following note at that bottom"
"Need to contact the seller? Log in to your eBay account or click on the link in your purchase email from eBay to see your order details. For more help visit the eBay Resolution Centre."
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I had they same thing happen. I used the ebay contact the seller and the seller replied with there email address, which surprised me. I thought they would not allow email address to be sent.
I would give it a try.
Doug
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I did sent a check for my dues just to make sure that 100% of it went to the club.
Paypal, free for buyers? what a joke!
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Just got this today:
"Hi Danny,
eBay is now managing payments for sellers globally. Managing payments is a big step towards making eBay a simpler, more modern managed marketplace, and over 4 million sellers have already registered.
.....................................................
eBay has partnered with Payoneer to deliver payouts to sellers in your region. Your payouts will be made to your Payoneer account in US Dollars. Your proceeds from sales on eBay will no longer be paid out to your PayPal account. If you already have a Payoneer account, you can link it to your eBay account during registration. You may also create a new Payoneer account using the link provided during the registration process"
I had a Payoneer card many years ago. I was always a bit suspicious of their operation.
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Not another payment system? How many do we have to have?
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"Not another payment system? How many do we have to have?"
Ask Ebay - they seem to be the world's leader.....
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I would message the seller thru the eBay system. You can get an email address if people spell it out... jimmyjohn at aol dot com
I've done that a few times.
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The seller sent me his email address through eBay suprise surprise mind you he did alter it a little,at instead oF @ and dotcom instead of.com don't know if that made a difference or eBay realise they have made a stuffup by unlinking your Paypal account from eBay !!!!!
Brian
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I just tried to sell a few stamps on Ebay after being away from the selling platform for a long time.
What I noticed is they now wanted my passport number or DL number, banking info and finally they took 17% of my proceeds (including the postage fees)
This is how my conversation with Ebay went:
Ebay: "We charge one final value fee when your item sells, and you don't have to worry about third-party payment processing fees. This fee is calculated as a percentage of the total amount of the sale(12.35%), plus $0.30 per order."
Me: "No , I will not worry. I am simply not going to list anything any more. If you think I will be taking the time to scan, list navigate through your system, take chances with buyers, print labels, ship and do all work, while you collect 17% of my sales for doing nothing, it will not going to happen. It is over before it even begins. There are other platforms for sellers like me out there.
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Yup!
Just tell them to take a long walk off a short pier!
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"Just tell them to take a long walk off a short pier!"
The other curious thing was, they could not deposit my money into my Paypal account, or rather keep it there as it was a Paypal transaction. They now wanted to deposit the sale proceeds into a foreign account. I have no idea what exchange rates they would use, but my guess is, it will be a rate that suits them, not me; why else would they be doing that?
So, yes, Ian, I told them, they have to make it work for me, because otherwise it will not work for them for sure.
Hell, I have been selling items on Facebook and Kijiji faster than I can blink!
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The second they said that they were changing their system and cutting out paypal I stopped selling on their platform.
I recognised that there could be many problems especially how I could check that I had actually been paid as I do not do internet banking.
Their greed knows no bounds!
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05:58:39pm
As Tim found out, and posted recently regarding the SOR dues, when you open a new PayPal Account they want to see a history of successful transactions before they will release payments - as opposed to the usual immediate access for existing accounts.
They don't specify (or I haven't found) info on how many transactions or the length of time from account opening before it is "business as usual". But in the meantime it is a magnificent PITA. As you can see below, for what we do here on SOR a "new seller" would have to either:
(1) get a tracking number (not feasible unless the buyer is willing to pay 2-3 times more for registered mail rather than regular post; or
(2) Print a shipping label and wait for the buyer to confirm delivery (not feasible for the seller to have to wait possibly 3-4 weeks these days and rely on the buyer remembering to acknowledge receipt to PayPal).
An alternative (I've done this successfully once) is to tell PayPal this is a "Service/Virtual Product" not requiring shipping. I'm not sure, but I imagine PayPal will ask the buyer to confirm this. This is what I'm planning to do as I'm dropping the long-standing - and trustworthy - "lemaven" brand and will do all transactions under "HolocaustStamps" going forward. I'd appreciate my recent buyers helping out with this until this account gets "regular" status.
I don't think the new policy is uncalled for if the seller is actually new to SOR and PayPal. But for any of us old-timers (and mine may be a unique circumstance) using the "alternative" is something you might want to consider if you are planning to reposition yourself under the "SOR New World Order".
Stay Safe! David.
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re: IMPORTANT: New PayPal Rules For New Accounts (And What I Will Be Doing For Recent Buyers)
David,
In PayPal, how do you get to this screen? I can't find this particular screen. When I hit the "Get Your Money" button it takes me through a process to confirm the order status as not needing shipping, but it hangs halfway through. I have submitted a ticket to their technical support who acknowledged the issue, but basically said "yeah, we've got a problem".
Can you give me instructions to navigate to the screen that you showed above?
Tim.
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Silence in the face of adversity is the father of complicity and collusion, the first cousins of conspiracy..
31 Mar 2021
07:01:33am
re: IMPORTANT: New PayPal Rules For New Accounts (And What I Will Be Doing For Recent Buyers)
Off hand, it seems to me that this is primarily a scheme
to increase the "Float" so they can earn interest on
delayed payments.
1 Member
likes this post.
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re: IMPORTANT: New PayPal Rules For New Accounts (And What I Will Be Doing For Recent Buyers)
Yes Charlie, I'm sure that you are correct.
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Silence in the face of adversity is the father of complicity and collusion, the first cousins of conspiracy..
31 Mar 2021
08:54:54am
re: IMPORTANT: New PayPal Rules For New Accounts (And What I Will Be Doing For Recent Buyers)
?I wonder just how much cash/funds passes through their hands per day.
If it is a billion dollars, every day's delay at 1% generates about $30,000 per day.
If memory serves me right when a real Estate Agent in Florida holds escrow money in an interest bearing account, he is only allowed to keep 1/5th for doing so. The balance goes back to the buyer or seller at closing or when the deal falls through. It can involve a complicated situation at times so most RE agents place escrow money in interest free accounts.
Perhaps there is a similar law for companies like Paypal, and if not, why not ?.
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11:29:18am
Auctions - Approvals
re: IMPORTANT: New PayPal Rules For New Accounts (And What I Will Be Doing For Recent Buyers)
Big Tech play the system globally and until all countries come together and change the rules we will be used and abused by them.
The British Government are trying to stop Big Tech by coming up with new tax regimes on them but what happens? the Current American Government threatens to put 25% Tarriffs on goods from the United Kingdom! (This was threatened last week)
So call your congress and senate and tell them to bring Big Tech to HEEL!
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12:45:54pm
re: IMPORTANT: New PayPal Rules For New Accounts (And What I Will Be Doing For Recent Buyers)
Instructions (as per Tim's request)
...Go to the person whose payment is on hold and click the "On Hold" button. You'll see the page with all the details of the buyer and transaction.
...Click the "Get your money sooner" button. Et voila!
...Choose between "Product" or "Service or virtual product" (you will want to choose the latter) and you will see the instructions.
I'm sure their MBAs have figured out the revenue-optimization strategy, but I suspect that is simply a by-product of avoiding scams being run by people who open an account, "sell" something non-existent, pull the money out, then disappear until next time.
I think that's a reasonable policy, and am only pissed because they also apply this to a "new" account opened by an old customer who has already proven their honesty. It is also a pain that I will now have to go through the ritual (pretending this is a virtual purchase) for every buyer after I send the purchases out, and have them (presumably) confirm this.
Good luck, Dave.
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01:06:51am
re: IMPORTANT: New PayPal Rules For New Accounts (And What I Will Be Doing For Recent Buyers)
Had a look at my paypal account and can only confirm transaction after 48 hours so will look again tomorrow.
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Auctions
re: IMPORTANT: New PayPal Rules For New Accounts (And What I Will Be Doing For Recent Buyers)
I just received a refund throuh ebay for an item I purchased That hadn't arrived. It finally arrived so I went to do a refund back to the seller ,after chasing my tail through Paypal and not finding a way to do it (have done it several times in the past)not any more Paypal can no longer refund an eBay purchase .I contacted them and that is what they told me "contact the seller and get his paypal address to be able to do the refund.
this chap lives in the US His name is John D'Andrea lives in Cheektowaga I don't know if any of you know of him ,if you have an email address for him please let me know Thanks
Brian
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08:09:22am
Auctions - Approvals
re: IMPORTANT: New PayPal Rules For New Accounts (And What I Will Be Doing For Recent Buyers)
Unfortunately it is a consequence of the Ebay "brilliant" idea of controlling ALL payments.
It is another example of a system change that goes backwards instead of forwards.
Login to Like
this post
Approvals
re: IMPORTANT: New PayPal Rules For New Accounts (And What I Will Be Doing For Recent Buyers)
i haven't used Ebay for years, but I heard from familymembers who do that this new payment system is reason enough for them to quit Ebay altogether... I can't imagine Ebay's goal was to get rid of its customers, but it turns out that way.
Login to Like
this post
re: IMPORTANT: New PayPal Rules For New Accounts (And What I Will Be Doing For Recent Buyers)
The real gotcha here is that while Paypal can say, "contact the seller and get his Paypal address (an email address)," the only way to contact an eBay seller is via eBay and eBay software specifically prevents anyone from including an email address in a response.
I had the same thing happen and could not get an email address to re-pay (not refund) a seller whose item took over two months to arrive and for which I had asked for a refund and got it at the 8 week mark. There may be ways to get the money to the original seller but it likely would involve them re-listing the original item as a BIN but that is a lot of hassle for a small item.
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BuckaCover.com - 80,000 covers priced 60c to $1.50 - Easy browsing 500 categories
21 Jul 2021
08:54:23am
re: IMPORTANT: New PayPal Rules For New Accounts (And What I Will Be Doing For Recent Buyers)
You have his address.
Check your original Paypal invoice (assuming you paid him directly by Paypal and not ebay Managed Payments). If so, his email address should be on the invoice.
Failing that, go "old-school" and send him a letter or postcard, including your email address and tell him you would like to pay him via Paypal if he will send you an email.
Roy
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re: IMPORTANT: New PayPal Rules For New Accounts (And What I Will Be Doing For Recent Buyers)
I do have his postal address one of the few sellers who put a return address on the envelope some sellers don't even include an invoice or return address (Like they don't want you to know who they are)I had to reply through eBay and ask for his paypal address He does have my postal address may be all eBay sellers need to take heed and put their email address either on their invoice or with there return address,some do include a business card with there items.
I haven't sold on eBay for several years it's getting too complicated.And for what I sell not worth the bother.
Brian
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re: IMPORTANT: New PayPal Rules For New Accounts (And What I Will Be Doing For Recent Buyers)
Roy said,
"You have his address. Check your original Paypal invoice (assuming you paid him directly by Paypal and not ebay Managed Payments). If so, his email address should be on the invoice."
Nope the original Paypal invoice on eBay sales does not include an email address just a name, details of the transaction and the following note at that bottom"
"Need to contact the seller? Log in to your eBay account or click on the link in your purchase email from eBay to see your order details. For more help visit the eBay Resolution Centre."
Login to Like
this post
Auctions - Approvals
re: IMPORTANT: New PayPal Rules For New Accounts (And What I Will Be Doing For Recent Buyers)
I had they same thing happen. I used the ebay contact the seller and the seller replied with there email address, which surprised me. I thought they would not allow email address to be sent.
I would give it a try.
Doug
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this post
re: IMPORTANT: New PayPal Rules For New Accounts (And What I Will Be Doing For Recent Buyers)
I did sent a check for my dues just to make sure that 100% of it went to the club.
Paypal, free for buyers? what a joke!
Login to Like
this post
re: IMPORTANT: New PayPal Rules For New Accounts (And What I Will Be Doing For Recent Buyers)
Just got this today:
"Hi Danny,
eBay is now managing payments for sellers globally. Managing payments is a big step towards making eBay a simpler, more modern managed marketplace, and over 4 million sellers have already registered.
.....................................................
eBay has partnered with Payoneer to deliver payouts to sellers in your region. Your payouts will be made to your Payoneer account in US Dollars. Your proceeds from sales on eBay will no longer be paid out to your PayPal account. If you already have a Payoneer account, you can link it to your eBay account during registration. You may also create a new Payoneer account using the link provided during the registration process"
I had a Payoneer card many years ago. I was always a bit suspicious of their operation.
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re: IMPORTANT: New PayPal Rules For New Accounts (And What I Will Be Doing For Recent Buyers)
Not another payment system? How many do we have to have?
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re: IMPORTANT: New PayPal Rules For New Accounts (And What I Will Be Doing For Recent Buyers)
"Not another payment system? How many do we have to have?"
Ask Ebay - they seem to be the world's leader.....
Login to Like
this post
re: IMPORTANT: New PayPal Rules For New Accounts (And What I Will Be Doing For Recent Buyers)
I would message the seller thru the eBay system. You can get an email address if people spell it out... jimmyjohn at aol dot com
I've done that a few times.
Login to Like
this post
Auctions
re: IMPORTANT: New PayPal Rules For New Accounts (And What I Will Be Doing For Recent Buyers)
The seller sent me his email address through eBay suprise surprise mind you he did alter it a little,at instead oF @ and dotcom instead of.com don't know if that made a difference or eBay realise they have made a stuffup by unlinking your Paypal account from eBay !!!!!
Brian
Login to Like
this post
re: IMPORTANT: New PayPal Rules For New Accounts (And What I Will Be Doing For Recent Buyers)
I just tried to sell a few stamps on Ebay after being away from the selling platform for a long time.
What I noticed is they now wanted my passport number or DL number, banking info and finally they took 17% of my proceeds (including the postage fees)
This is how my conversation with Ebay went:
Ebay: "We charge one final value fee when your item sells, and you don't have to worry about third-party payment processing fees. This fee is calculated as a percentage of the total amount of the sale(12.35%), plus $0.30 per order."
Me: "No , I will not worry. I am simply not going to list anything any more. If you think I will be taking the time to scan, list navigate through your system, take chances with buyers, print labels, ship and do all work, while you collect 17% of my sales for doing nothing, it will not going to happen. It is over before it even begins. There are other platforms for sellers like me out there.
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05:40:47pm
Auctions - Approvals
re: IMPORTANT: New PayPal Rules For New Accounts (And What I Will Be Doing For Recent Buyers)
Yup!
Just tell them to take a long walk off a short pier!
Login to Like
this post
re: IMPORTANT: New PayPal Rules For New Accounts (And What I Will Be Doing For Recent Buyers)
"Just tell them to take a long walk off a short pier!"
The other curious thing was, they could not deposit my money into my Paypal account, or rather keep it there as it was a Paypal transaction. They now wanted to deposit the sale proceeds into a foreign account. I have no idea what exchange rates they would use, but my guess is, it will be a rate that suits them, not me; why else would they be doing that?
So, yes, Ian, I told them, they have to make it work for me, because otherwise it will not work for them for sure.
Hell, I have been selling items on Facebook and Kijiji faster than I can blink!
Login to Like
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03:59:09am
Auctions - Approvals
re: IMPORTANT: New PayPal Rules For New Accounts (And What I Will Be Doing For Recent Buyers)
The second they said that they were changing their system and cutting out paypal I stopped selling on their platform.
I recognised that there could be many problems especially how I could check that I had actually been paid as I do not do internet banking.
Their greed knows no bounds!
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this post