Learning How The Percentage Rules
A few days ago I put an item for auction on eBay that ended up selling for about $125.00. After paying a “listing fee” of about $4.50 to post the auction, and then paying a few more dollars as a percentage of the “final sales price”, eBay’s wholly owned subsidiary known as “Paypal” which eBay coerces you to use to protect you, took out yet another bite for a few more dollars out of the amount that was to be paid to me by the auction’s winner.
Are you with me so far?
Here’s where the “add insult to injury” part starts:
“Your Request is Being Processed”
“Your request to withdraw funds to your bank account by electronic funds transfer has been received and is in process.”
“It usually takes 3-4 business days to transfer funds from your PayPal account to your bank account, depending on your bank’s policies.”
Perhaps someone, somewhere could explain to me exactly what constitutes a computer’s “business days”?.
I always have felt that if computers don’t get overtime or have days off (or health insurance either), and since they are working 24/7 grinding out the electrons, then on which planet is it that a wire transfer of funds will take at least 4 “business” days? And trust me that even though they say that it “usually takes 3-4 business days”, it’s never going to be 3 days or less, the “usually” part is just there for laughs. Their laughs.
I selected to have the money transferred to my account on September 15th, and a few seconds later I received an email confirming the transfer with these words:
“We estimate that these funds will be deposited in your bank account by Sep. 19, 2009.”
Out of which ass did they pull that “estimate”, and why was there to be an added delay?
The obvious answer is that they rake in some serious big money in interest from the money held by their bank on the float of those funds every day, which is to say that every day my money is kept in their account earning interest, and combined with the millions that they make each day on all of these transactions, it’s in their (sorry) interest to stall the process and keep that money in play.
And please note that the woman shown below….….. is the same one that ran eBay, a one time great place to visit and do things, directly into the ground. She now wants to prove that she’s perfect for the roll of being the final Terminator, i.e., being elected to be the next governor of California.
I can hardly wait, but I think I’ll be watching from Nevada…
So, in closing I recommend you pay a visit to:
N.B., The ownership of any and all photos, opinions, and/ or quotes above (including those of mine) belong to the material’s creator(s). Credit is given when it’s known, but because success usually has a million parents and failure is an orphan, blame will not be so attributed.
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P.S., check back for occasional updates and rewrites….
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Entry filed under: Uncategorized. Tags: a computers business days, add insult to injury, at work 24 / 7, business days, computers don't get overtime or days off, e bay, ebay, final sales price, float of the funds, just there for laughs, pay pal, paypal, percentage rules, So, stall the process, the final terminator, the governor of california, usually takes 3-4 business days, We estimate that these funds, which ass did they pull that estimate?, with me so far?, WTF?.