Posts Tagged ‘paypal’

PayPal Scam Exposed

Posted: December 11, 2011 at 9:29 pm by

Paypal at one time was a great service for customers and sellers to use for their eBay purchases. It was fast, convenient, and easy to set up. I have used Paypal myself to purchase items from eBay, and enjoyed the experience. However, if you are a seller on eBay and with to use Paypal, you need to be aware of feature within Paypal called Rolling Reserve, which will hold 30% of your transaction revenue for up to 90 days. As any business would agree, having your funds limited for this length of time would cripple, and in the end, destroy your business. Paypal’s excuse? It is for your own protection.