Recently, ebay created a “policy” of holding payments for select auctions from sellers with feedback under 100. This has now been shifted to all auctions of select “high risk” items. These items include electronics and gift cards. I gathered all this information over the phone from several paypal employees. Previously, I called in and had the hold removed. They now claim the only way to remove the hold and release fund into your paypal is one of 3 ways:

• Wait 21 days
• wait until the buyer leaves positive feedback
• ship the item yourself and provide tracking to paypal

I explained there are several reasons why this policy is ing outrageous! By selling an item on ebay, I had to pay a $20 fee. I then paid $14 to ship it, and a $7 paypal fee. A total cost to me of $41. All this before I actually see any money from selling an item. I explained that I sent the item via priority mail. So, I am required to pay more money for the use of tracking or wait the 21 days to release my funds without any interest. Paypal has now made itself an escrow service. This ing pisses me off!