Submitted on Tuesday 13th December 2016
Rejected on Thursday 22nd December 2016
Current status: Rejected
Rejection code: irrelevant (see below for details)
Examine and regulate the fund holding practices of eBay & Paypal
Whilst the basic premise of most of eBay & Paypal's policies are reasonable and ensure good practice to protect both sellers and buyers, withholding funds after a sale is successfully completed is unreasonable, can cause undue hardship, and serves only to increase the profits made.
eBay and Paypal's working practices need to be investigated. They hide behind 'Terms of use' to effectively extort more profits from their customers.
Once an eBay transaction has been satisfactorily completed i.e. consignment tracking shows delivery and the buyer has left positive feedback there is no argument of protecting anyone's interests yet funds can still be held for up to 21 days for casual sellers. This only serves to increase the profits made by a service you had no choice but to use.
You can't sign this petition because it was rejected. But you can still comment on it here at Repetition.me!
The Government e-Petitions Team gave the following reason:
We can't accept your petition because the UK Government and Parliament aren't responsible for the issue you raise. The UK Government and Parliament is not responsible for operational decisions of private companies such as Pay Pal and eBay.
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