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Call of Cthulhu's Sandy Petersen Sues Paypal Over Withheld Funds [UPDATED]
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<blockquote data-quote="timbannock" data-source="post: 7705774" data-attributes="member: 17913"><p>#Anecdote</p><p></p><p>The previous company I worked for primarily sold on eBay, so PayPal was a main means for transactions. In terms of keeping the money straight and secure, they did an admirable job for some 10-ish years, but as time went on, they held more and more of that money "in reserve" (I may be using the wrong term, it's been a few years). It got to the point where -- once we had other selling channels -- we were almost forced to push the hell out of our sales in either places so that we could make up for the fact that we couldn't access our PayPal money for months at a time, generally at least 6 months, sometimes more.</p><p></p><p>This leads me to believe that they do whatever they can to sit on money and gain interest before forking it over to the people who need it to simply pay their bills and get by. Maybe I'm wrong about that -- I don't know how they store the money -- but they certainly were jerks about it every single time we asked what the hold up was.</p></blockquote><p></p>
[QUOTE="timbannock, post: 7705774, member: 17913"] #Anecdote The previous company I worked for primarily sold on eBay, so PayPal was a main means for transactions. In terms of keeping the money straight and secure, they did an admirable job for some 10-ish years, but as time went on, they held more and more of that money "in reserve" (I may be using the wrong term, it's been a few years). It got to the point where -- once we had other selling channels -- we were almost forced to push the hell out of our sales in either places so that we could make up for the fact that we couldn't access our PayPal money for months at a time, generally at least 6 months, sometimes more. This leads me to believe that they do whatever they can to sit on money and gain interest before forking it over to the people who need it to simply pay their bills and get by. Maybe I'm wrong about that -- I don't know how they store the money -- but they certainly were jerks about it every single time we asked what the hold up was. [/QUOTE]
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Call of Cthulhu's Sandy Petersen Sues Paypal Over Withheld Funds [UPDATED]
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