Every change is designed to take more money from the sellers and put it into the preypal/feepay coffers. They only pay interest (it you call 0.14% that) to people who have a money market account with preypal. In other words if you let them keep more of your money, they will pay you the minuscule interest on the money they hold also. How nice of them to take the use of your money, make dollars on it and then say, "here is a shiny new dime for you".

Those without the money market account, including those who want their money in safer investments than a non regulated bank like "not a bank" get nothing for the use of their money.

They have randomly picked categories to start with, but we all know that the way this works is to jam it on some people first, and then make in system wide. Remember when they said that you had to offer preypal if you had under 100 feedback rating? Those over 100 did not protest, and now it is everyone stuck with it. This will happen again.

They will continue to add fees and holds until there is no one left selling.

Whoever you talked to at PP might have had it wrong as PayPal Amanda posted about it here (post # 8) ...

Link

> Ummm, Hello all..... The e-mail is spam!!! We received one and promptly called paypal using the phone number on the website (not the one in the e-mail) and were told that this was a spam message trying to get you to call and complain and then asking you for account details to 'verify your identity'. This was very obvious to us and I'm kind of surprised that so many people seem to have bought it...

> caped, it is hard not to notice this 1% thing.
> Back when SNPP started being enforced, eBay said that the bottom 1% of sellers were causing 35% of the problems.
>
> In your sampling, is there any indication of performance issues?
>
Seller Protections
> Buyer Protections
"Those who beat their swords into plowshares usually end up plowing for those who don't." -Ben Franklin-



Windorphin, if you are referring to the list of sellers in categories I posted, they are ALL at 100% and the lowest DSR for any of them is 4.8.

I am also in touch with several sellers who have had the reserves implemented against them as far back as this past April. One has over $60,000 being held. Their fb is 99.9% their stars are 5.0, 5.0, 4.9 and 4.9.

There is another seller that has emailed me that sells bras. Yes, bras. Average purchase price is $22.00. 100% fb, 5.0 across the board, never had a single complaint.

They are getting the reserve too.

I think Pay Pal is not being truthful. They are implementing this on EVERYONE.

As for merchant accounts with required reserves -- in those cases of high fraud usually means phone/mail order, and the category is usually adult content. Although it could also be applied to anyone who is running near 5% chargebacks, which is the kiss of death level in processing terms so to speak.

Big difference with Pay Pal is that they are not a bank, not a merchant processor, not an 'independent service organization' that is licensed or approved to process credit cards. They are licensed as a money transmitter in the State of California. There are requirements with that license that they transmit the money to their customer within a certain time limit.

That time limit is NOT sixty days.



If you have had the reserves implemented against you, please feel free to use the contact member and send me a note - I have a few questions for you.

I've seen credit card service suppliers charge a higher rate to merchants of some types of items, including antiques. Not sure, think it was on Godaddy, a couple years ago. There were several credit card acceptance packages offered and the one available to sellers of antiques (and some other items) was higher. I don't remember what the other products were.

When Ebay changed the FB system, they removed half the self policing. Makes sense that the site will attract more dishonest people, and that even honest folks will feel less motivated to read listings and know what they're buying. Dishonesty + careless consumerism = increased chargebacks. Hasn't happened to me for many years, and not to other posters on this thread, but we represent what? A couple dozen sellers?

Ask a big merchant how many of the shoplifters they arrest are pros. You'll learn that a majority are not. Just average people who succumb to temptation. Ebay has opened our wallets and invited them to help themselves.

> So I still don't understand why I got this email when I have not had any problems what so ever.
>
> With anonymous DSRs, how do you KNOW you have not had any problems what so ever? Perhaps someone (for example) claimed you were selling fakes when they were assigning your DSR for Item As Described.....

@blue_iris_is_dead.

Anyone who got a SNAD complaint would certainly know all about it, that is something they have not figured out how to 'anonymize', yet. SNAD's get refunded, counts as a chargeback.

Good article here

Most merchant processors have the clause enabling them to implement a reserve but actually demanding a reserve is rare and based on the track record of the merchant in question. Got too many chargebacks, get reserve,