[Elecraft] Pay Pal Holding Payment.

[edauer at aya.yale.edu]

I have sold a number of items over the years through notices posted here,
and in every case have added "no Pay Pal."  I wasn't aware of these 21 day
holds.  My reasons were simpler.  For one, why use a middleman when you
don't need one?  I've never had a buyer refuse to provide good funds before
shipment and if one ever did I wouldn't have done the deal.  More important,
I have learned to be extremely careful about who or what has my banking or
other personal information.  (Yes, I know, every time I write a check I'm
displaying my account numbers.)  Anyone who still believes that any
Internet-based system is safe from hacking wasn't involved in the Equifax
hack.  (We still don't know where those data wound up.)   I was one of the
143 million, and of a handful of others as well including two well-known
universities and a major national health-care system.  All of them
absolutely assured the safety of their data.  As a result I now live with
almost daily reports of my stuff appearing on the Dark Web, whatever that
is.  To me it's axiomatic:  There is no data privacy on the Internet.

Ted, KN1CBR


Message: 6
Date: Sat, 7 May 2022 11:41:15 -0600
From: David Deelstra <deelstra at xmission.com>
To: elecraft at mailman.qth.net
Subject: [Elecraft] PayPal holding payment.
Message-ID: <af7a4c25-cbf8-bb2c-95ec-a86dcdb9698c at xmission.com>
Content-Type: text/plain; charset=UTF-8; format=flowed

Warning: Before you use PayPal to sell a rig, consider using something else.

I just sold a rig through PayPal, with UPS tracking number, but after 
payment was received into my account, PayPal placed a 21 DAY HOLD on the 
funds.

"We've placed the money on hold because this transaction is inconsistent 
with your previous selling activity. The money has been added to your on 
hold balance. It'll be available once we can confirm that your customer 
has received the goods or services."

"Here's what you can do to get your money sooner

Provide shipment information (Already done)

Add a valid tracking number and your money will be available 1 day after 
PayPal confirms that the shipment has been delivered. (Again, already done)

Print a shipping label"
  (I did not use their ShipStation service because the rig was packed 
and labeled before the payment was received by PayPal.

The rig was delivered, no problems, notice of delivery was received, I 
have been an EBay seller since 1994, and a Paypal seller nearly as long.

Do they do this with "Friends and Family" if the receiver has never 
received a large payment?

I have spent over three hours attempting to reach a live person.

Their customer service is the typical endless loop automated system.

Caveat emptor, I guess.

-Dave N7ISH

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