Re: OT: Not to happy with eBay right now

[Daniel Perez Ojeda <daniel.perezojeda@gotocme.com>]

On 10 sep, 01:55, Osgeld <osg...@cheesefactory.us> 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
>
> it takes time to transfer money, and with the obscene amount of screws
> now days they probably want to escrow it for a minimum time to cover
> their butts + the time it takes to do the deed
>
> hate to say it, but if you dont like it, sell it on your favorite user
> group, or forums ... and deal with it in small claims court over
> interstate or international

You know, ebay is an international company as PayPal, and they make
their earnings through bank interests in countries like mine
(Argentina) where they get 10% per year, but if they turn dollars to
the local currency, and put it to earn interests from the banks, they
get as much as 35% annually and the exchange rate had been the same
since almost a couple years, so they buy pesos, deposit them, get a 30
to 35% of annual interest (almost 3% monthly) and then buy again
dollars. Imagine such earnings with the volume this companies move
every day. That's their game ;-) .

Daniel