posted on March 15, 2008 10:35:11 AM new
Just another reason for a day or two delay for buyers to complain about and lower our DSR. How much money will ebay make by the lowering of Seller DSRs? Perhaps it will only affect 1 in 100 sellers, but even 1% is too high of an effect when it isn't the Sellers fault. No matter if you put this in the nicest, most straightforward manner to bidders, they are going to assume the seller is the one who is creating the delay and using Paypal's payment review as an excuse.
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Starting on Monday, March 17, eBay will be expanding support for PayPal Payment Reviews on eBay transactions. This change means that more of the transactions going through eBay and paid for via PayPal will be assessed to determine whether the payment is potentially high-risk. PayPal will hold these payments and flag them as “Under Review.” We expect the total number of such Payment Reviews to be modest overall (well under 10%), but some categories will likely see a relatively higher percentage of reviews (particularly higher priced items and items that are easily resold, like consumer electronics.)
At present, PayPal’s Instant Payment Notifications will still be sent to Vendio and will indicate a Paid status. We are currently working on an alternate way to provide a Payment Review status indicator to warn sellers that a payment is Under Review. This support will be available shortly. In the meantime, sellers are advised to review PayPal’s system to identify any payments that are Under Review and delay shipment for any related items until the evaluation is complete and the payment clears. For more details about Payment Review, please refer to this link:
posted on March 15, 2008 04:08:25 PM new
This is nothing new,anyone who has merchant account and accept credit cards for high end items,consumer electronics or have too many disputes and chargebacks in the past,often have their fund held back for days ,rolling reserve or a certain amount held back until his performance improve or he has established himself as a reliable merchant.
In any case,no one has access to his fund immediately like Paypal offers us now ,it usually takes 48 hours for the fund to appear in our bank account.
posted on March 15, 2008 05:04:17 PM new
On occasion, Google Checkout will do a payment review. It happened to me. The payment was held up less than 24 hours. I would rather PayPal review a suspicious payment if it will prevent me getting stuck with a bad payment and losing a product that already went out.
posted on March 16, 2008 08:07:29 AM new
If you read Paypal terms,It said it will seek member credit report from credit bureau,the reason is that some sellers on Ebay ,before their retail business folded,they will submit fraudulent charges,collected the fund and closed the bank account.
Then they come to Ebay to sell their remaining inventory,they could have done the same with Paypal,transfer fund from Paypal to their bank account,close their bank account and not ship the items.
Last year someone comes to Vendio and posted that it happens to her uncle ,his paypal account was locked.
After 911,some of our local small merchants,when I walked into their store,whether it is an ice cream parlor or beauty salon,they have a tape across their credit card machine claiming the machine is broken and they would only take cash!
One ice cream parlor owner told me he had an electronic store in NYC before he came down here and now he is selling ice cream!
He taped the machine claiming the bank disputed one of his transactions $700 dollars and want the money back.
Now how many of us will spend $700 dollars in an ice cream parlor??
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Lets all stop whining !
