Quote:
Originally Posted by Chuck 909
I knew the paypal only was coming sooner or later way back when ebay bought paypal. Holding peoples money like that makes a nice "float" for 21 days, probably have it in a 7-14-or 21 day interest earning account. Lots of bux to be made from that. ebay jumped the shark 2 or 3 years ago with the fee increase.
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As mentioned, it's only 21 days if you choose not to use delivery confirmation, and even then only in certain instances.
Another relatively unknown option is to use their money market fund as your "holding" area. When you do that,
you get any interest made on the float, rather than Paypal making it.