whaley
Somewhat Sellaband addicted
Posts: 265
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Post by whaley on Mar 25, 2010 18:09:02 GMT
well according to the forums over at sellaband.com these payouts have now been suspended by Paypal for some reason.. so don't be too happy yet!
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anitra
Sellaband addict in waiting
Posts: 16
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Post by anitra on Mar 26, 2010 11:46:14 GMT
Mine didn't work in the first place, never mind getting suspended. It seems some people received payments which were then recalled. But I didn't even get that far. FOUR e-mails now, telling me the payout was successful (two when I first initiated it nearly a month ago, and two yesterday). But still no actual MONEY,
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Utterly B Groovy
Somewhat Sellaband addicted
He Moves And He Grooves But He Don't Got Hooves
Posts: 468
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Post by Utterly B Groovy on Mar 26, 2010 12:16:02 GMT
I don't think the payments were "recalled" (certainly not by SAB). What I think happened is that SAB processed them as "payments" rather than as "rebates" and paypal has seen all this suspicious activity and is investigating - my guess is they are legally obliged to (money laundering, etc).
Doesn't make it any less of a pain though :-(
UBG
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fabian
Sellaband addict in waiting
Posts: 8
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Post by fabian on Mar 26, 2010 12:57:49 GMT
Indeed. Especially as I have a negative balance now.
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whaley
Somewhat Sellaband addicted
Posts: 265
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Post by whaley on Mar 26, 2010 14:49:35 GMT
A news message over at sellaband.com:
The past few days SellaBand has started doing the open payouts to Believer paypal accounts. In order for us to have the system all legal and working again after the take over, we had to create a new paypal account. Because we transferred quit some money to this new account and immediately started paying out money to Believers, Paypal's system flagged us as suspicious. This has resulted in a block which can be lifted by providing extra information. Several paymenst that were done yesterday have been set on hold and these will follow through as soon as the block is lifted. We have done all that was required by Paypal and the account will be up and running again after 36 hours according to Paypal. After this period we'll start paying the oustanding requests. We thank you for your understanding.
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Utterly B Groovy
Somewhat Sellaband addicted
He Moves And He Grooves But He Don't Got Hooves
Posts: 468
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Post by Utterly B Groovy on Mar 29, 2010 10:05:04 GMT
Indeed. Especially as I have a negative balance now. I have a negative balance AND a positive balance! The paypal helpdesk guy was somewhat perplexed! Utt
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Post by Lucretia on Apr 10, 2010 13:51:40 GMT
On the bright side, I'm like Anitra and have had no money attempted into my Paypal account, hence no negative balance. One good thing about not being first in the queue to request a payout under the new system.
On the downside I've had no money which means I still can't use it for projects like Francis new EP, as I don't currently have enough work (and hence income) to buy into his project otherwise.
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whaley
Somewhat Sellaband addicted
Posts: 265
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Post by whaley on Apr 10, 2010 19:47:43 GMT
update in case there's anyone still not reading the sellaband.com forums: got a mail from sellaband asking for my bank account details so they can bypass paypal and transfer my payout directly to my bank account.. we'll see!
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