New PayPal Development- “Rolling Reserve”
Posted by ppc on August 11, 2009 under PPC News | 
Complaint:
Another slap in the face for sellers using PayPal. It seems they are now holding a percentage of certain account holders sales before there is ever even a problem. According to one account holder, PayPal is not using much discretion when deciding which accounts to apply this “safety feature” to. And on top of this, they do not seem to be notifying the owners of the accounts that are being affected either. PayPal has been avoiding customer notifications a lot here lately (see the previous post, PayPal Adds New Fees… )
This “rolling reserve” is apparently some kind of new buyer protection policy (or should I say PayPal protection policy?) used to create a “buffer” for any future chargebacks. What ever happened to “innocent until proven guilty”?