Re: [CR]Ebay / Paypal policy

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From: "Retrofan531" <Retrofan531@allegiance.tv>
To: "Nick Zatezalo" <nickzz@mindspring.com>, <classicrendezvous@bikelist.org>
References: <25314180.1107445063384.JavaMail.root@wamui08.slb.atl.earthlink.net>
Subject: Re: [CR]Ebay / Paypal policy
Date: Thu, 3 Feb 2005 12:08:47 -0600


I have had it happen to me twice recently...first as a buyer and then when I was selling an item.

Turned out the reason it was not an instant transfer, in both cases, was that the credit card used as a back-up had expired. Once I updated my credit card information, the next payment I made went through as an instant transfer.

The buyer was concerned that there was something on my account that was keeping him from doing an instant transfer, but when I related my experience to him he discovered his cc had expired also.

Frank Phillips
McAlester, OK


----- Original Message -----
From: Nick Zatezalo
To: classicrendezvous@bikelist.org
Sent: Thursday, February 03, 2005 9:37 AM
Subject: [CR]Ebay / Paypal policy



> Have any of you ebay sellers experienced receiving an e-check
> for payment and had Paypal hold the funds for 4-7 working days?
>
> Paypal is worth the fees to have instant access [well almost] to funds,
> but the above mentioned practice is ridiculous. Bank transfers occur
> within seconds and they are just milking a few extra days of interest.
>
> I would rather send a self addressed stamped envelope and accept a
> check than to use this new format.
>
> Nick Zatezalo
> Atlanta,Ga