Hello guys..Paypal blocked 1 payment received by me.They are saying that for the protection of the seller they have blocked it.But i am the seller.I have done a service for a guy and he had sent that money .Its about $10 only.But paypal temporarily held that payment and told that its under investigation.And when i tried to resolve the issue they are asking for the buyer shipping information and all.But have done a service not a product sale,so i dont know his shipping address.So what action should i take now?plz help me...
This is just Paypal's way to making sure all transactions abide by their terms of use. I bet your account is personal, right ? Just answer their queires and your fund will be released in a week or two. I'm not sure what criteria Paypal choose who's account to check. you could be using your paypal account for years, and Paypal leave you alone and then suddenly, within a month, Paypal could come after you twice - happened to one of my friends, when 2 of her money received was blocked.
Dont worry man. Is the payment is done legally and by a legal and true person,then you are sure to get your money.
Makes you wonder really if these temporary holds are a major money making stunt for paypal. Think about it, they hold say 1,000,000 transaction pending investigation (temproary hold) each transaction has say a net worh of $50, emmm thats $50million dollars now they can use it for short time investments, or just simply earn the interest in a high yielding interest account. Does make you wonder....