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Re: OT: Not to happy with eBay right now



On 09/10/2010 12:55 AM, Osgeld wrote:
On Sep 9, 7:59 pm, Steven Hirsch<snhir...@gmail.com>  wrote:
On 09/09/2010 08:24 PM, a2retro wrote:

To: comp.sys.apple2
I thought I would try selling a few Uthernet cards on eBay.
It has been awhile since I have tried selling anything through their
system.

I sold my first one today only to find out they now plan on holding all
my sales for 21 days after the transaction is completed but I am
expected to ship the item right away.

https://www.paypal.com/ca/cgi-bin/?cmd=xpt/Marketing/securitycenter/s...

Seems like an flimsy excuse to hold funds for interest bearing reasons
just like the big banks do.

Precisely!  Heads they win - tails you lose.  eBay are ethically lower than
pond scum.  But, they are the only game in town.

and how much interest do you expect they are getting off of 21 days?
my mom just told me she is dropping her credit uinion cause after a
month it only accrued 76 cents on 10K after a month and its going down
lower than 0.x percent

With volume of cash flow that eBay/PayPal maintains, you can earn a sizable amount of interest overnight - never mind 21 days. All enterprises play games with cash for this purpose.