PayPal seems to be charging more then they say
I have a 100% positive feedback, always ship on time, however PayPal that is owned by the same folks who own eBay, is sitting on my money for weeks. I don’t see a valid reason for them doing this. The reason being is to either confirm that the seller has enough funds in their account or to protect the buyer. I fail to see the connection. My credit card info is on file, so what’s the problem?
The way I see it, they are using my $$ interest-free. What an ingenious idea.
Besides, have you noticed how they calculate their fee? PayPal apparently has created their own rules of rounding numbers; it’s always a penny or two over the calculated amount. Selling price times 2.7% plus 30 cents — PayPal’s result is always over the amount you’d arrive at by using math. Not much to talk about, but multiply that by the vast number of users, well you get the picture.
Moreover, it’s kinda difficult to follow the way PayPal calculates the $$ of funds available. I am not convinced that I am getting all my money due.
Posted: November 21, 2014 at 8:14 pm