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Re: questions regarding Neo900 Shop
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The reserve, is not tied to specific transactions. But held as a deposit in case..... |
Re: questions regarding Neo900 Shop
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Unfortunately I cannot assist as my last payment to Neo900 was before the affected period. |
Re: questions regarding Neo900 Shop
The behavior is quite normal. All aquierers have a similar risk evaluation.
They will either 1) Require up-front deposit 2) hold back transaction payments (to the shop) for a given period 3) both of the above Even if shop closes. The withheld amount will be withheld for a given time. This is because fraud might be reported for a long time after initial transaction. Its simply to cover their own asses. PP, Amazon, Apple and others are their own aquirers, simply because no card aquirer will agree on the risk of their 'one click' solutions. |
Re: questions regarding Neo900 Shop
Hello guys.
I sent the recommended letter to PayPal's support, they kinda ignored it (I just received a suggestion to leave feedback about their support - guess what I wrote there). So I called them directly by phone. After ~10 minutes of investigating, the lady on the other end of the wire told me that PayPal is aware of the problem with "pre-sale vs. crowdfunding" and is working with Neo900 UG to resolve it. And since this problem has nothing to do with my account in particular, they can't tell me much more than that. It would be cool if @jOERG or @wpwrak could either confirm or dispel this. |
Re: questions regarding Neo900 Shop
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If PayPal sent a reply or any other communication to Joerg directly, we may not find out about that until he's back from vacations to check his mail. - Werner |
Re: questions regarding Neo900 Shop
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Re: questions regarding Neo900 Shop
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Unfortunately, we will have to wait for Joerg's return from vacation (in two weeks) before we can see if anything has changed on the PayPal account of Neo900 UG. But this is encouraging news, and the most explicit statement we have obtained on that issue so far. Thanks a lot ! - Werner |
Re: questions regarding Neo900 Shop
I'm just learning about this and it infuriating. I really don't like using paypal, but sadly it the easiest and cheapest way for me sometime.
Perhaps this is incentive to set up a bitcoin account to by pass this mess. Of course not everyone has or uses bitcoin, but I'm sure there are service that will pass the transaction from CC to bitcoin for a tiny fee and no holding onto money. One Neo900.org get the bit coin you can transfer it to a bank account or something too protect it's value or leave some in bitcoin and see if it grows. It's on the up tick right now. ex: https://www.coinjar.com http://coinsfer.com http://cointelegraph.com/news/114326...ound-the-world I don't know how I will be paying now sadly. x |
Re: questions regarding Neo900 Shop
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Bitcoins are tricky. A few people have offered to evaluate the services and to set this up for us, but nothing every came out of it. So this still sits on the "to do" list. - Werner |
Re: questions regarding Neo900 Shop
A quick progress update on the PayPal situation: Joerg safely returned from vacaion tonight and began to worm his way through the mail that has piled up. He says he'll need a couple of days before he's really back, but he already found a communication from his lawyer with a letter from PayPal, answering the mail he sent before the vacations.
In their reply, PayPal seem to confirm the 180 days interpretation, i.e., that funds will be released from the reserve 180 days after arriving. I write "seem" because they have not acted on it yet, i.e., the PayPal account still looks the same as before, with a reserve of 37 kEUR instead of only the roughly 10 kEUR we have received through PayPal in the last six months. To be continued ... - Werner |
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