Complaint / review text:
PayPal and eBay now ripoff sellers. I've been using eBay for years, with 100% positive feedback, never any complaints. I sold an item on October 11. The buyer paid (via PayPal) and I shipped it 2 days later. USPS confirmed delivery on October 18. PayPal refused to release my funds until sometime in Nov. This has got to be a scam to let PayPal (and eBay) use the float on the money they hold. It's bad enough that they charge such a high fee (eBay for selling, plus PayPal for handling the funds. You know they are the same company, right?). Both eBay and PayPal said that this policy is for the buyer's and seller's protection. Yeah, right. It's for their greed. I'm filing a complaint with the FTC and signing up with an alternative payment company. No more PayPal.