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PayPal Holds eBay Sellers’ Money, May Be IRS Reporting Glitch (AuctionBytes)

At some point during the week of October 19, PayPal’s system experienced a glitch involving eCheck payments made to eBay sellers. PayPal has been holding the payments captive ever since – and the glitch appears to be ongoing. Sellers are concerned about not being able to access their money, and are also worried whether buyers would be able to cancel orders for items already shipped. If they …

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