Comments on: Pass on Paypal http://www.pukkasoft.com/blog/2008/01/18/pass-on-paypal/ News and insight from the people behind MotorsportReg.com building an online event registration and management service formotorsport event organizers running high performance driving schools, HPDE, open track, autocross, solo, solo2, club races, concours, fun runs and rallies. Our service is used by Porsche Club of America (PCA), BMW Car Club of America (BMWCCA), Audi Club of North America, Lotus Club, SVTOA, Alfa-Romeo and other clubs around the country. Sat, 28 Jan 2012 14:32:06 -0800 http://wordpress.org/?v=2.8.5 hourly 1 By: Brian http://www.pukkasoft.com/blog/2008/01/18/pass-on-paypal/comment-page-1/#comment-11255 Brian Tue, 06 Dec 2011 18:10:30 +0000 http://www.pukkasoft.com/blog/2008/01/18/pass-on-paypal/#comment-11255 Another arbitrary action by Paypal where they keep lots of fees but make the lives of their merchant difficult. Oh, and this time, you can use Paypal to help sick kittens but not poor people (you can't make this up...): http://www.regretsy.com/2011/12/05/cats-1-kids-0/ Another arbitrary action by Paypal where they keep lots of fees but make the lives of their merchant difficult. Oh, and this time, you can use Paypal to help sick kittens but not poor people (you can’t make this up…):

http://www.regretsy.com/2011/12/05/cats-1-kids-0/

]]> By: Brian http://www.pukkasoft.com/blog/2008/01/18/pass-on-paypal/comment-page-1/#comment-7745 Brian Tue, 14 Dec 2010 04:44:51 +0000 http://www.pukkasoft.com/blog/2008/01/18/pass-on-paypal/#comment-7745 Paypal came up today on a local mailing list I read and I thought I'd share what's going on with Paypal since this article was written. Here's what one long-term seller just received: "Starting Dec/11/2010, money from payments you receive will be placed in a pending balance for up to 21days. By doing this, we're making sure that there's enough money in your account to cover potential refunds or claims. Even though you can't access the money right away, please ship orders quickly and communicate with your customers. After 21 days, you can withdraw money from each payment as long as the customer hasn't filed a dispute, chargeback, claim, return, or reversal." Gotta love that! Keep shipping your product in a timely fashion but don't expect to get paid for an extra 3 weeks! Another user got slapped with cash advance fees as the payee too: "Paypal did something awesome to me. They pulled a cash advance off one of my credit cards to cover a balance, because UPS doubled the cost for a shipment that was 1" larger than indicated. UPS billed paypal and paypal decided to fund it by pulling a cash advance off a credit card, despite it being a normal charge. This meant that despite me paying off my balance monthly, I have an interest charge now on the entire balance, since cash advances are interest earning no matter when it happens." We've said it before and we'll say it again; *most* of the time Paypal works just fine. It's when it doesn't that the lack of a proper remediation channel makes it completely unsuitable for any serious use. Paypal came up today on a local mailing list I read and I thought I’d share what’s going on with Paypal since this article was written. Here’s what one long-term seller just received:

“Starting Dec/11/2010, money from payments you receive will be placed in a pending balance for up to 21days. By doing this, we’re making sure that there’s enough money in your account to cover potential refunds or claims.

Even though you can’t access the money right away, please ship orders quickly and communicate with your customers. After 21 days, you can withdraw money from each payment as long as the customer hasn’t filed a dispute, chargeback, claim, return, or reversal.”

Gotta love that! Keep shipping your product in a timely fashion but don’t expect to get paid for an extra 3 weeks!

Another user got slapped with cash advance fees as the payee too:

“Paypal did something awesome to me. They pulled a cash advance off one of
my credit cards to cover a balance, because UPS doubled the cost for a shipment that was 1″ larger than indicated. UPS billed paypal and paypal decided to fund it by pulling a cash advance off a credit card, despite it being a normal charge.

This meant that despite me paying off my balance monthly, I have an interest charge now on the entire balance, since cash advances are interest earning no matter when it happens.”

We’ve said it before and we’ll say it again; *most* of the time Paypal works just fine. It’s when it doesn’t that the lack of a proper remediation channel makes it completely unsuitable for any serious use.

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