Beefnot
TUG Member
It's simple. Risk assessment. Paypal has decided that its risky to support credit card transactions for timeshare rentals. It's probably their transaction history that validates that risk assessment.
Just yesterday, I did a transaction with a seller where I was the buyer. The transaction was $2200. I was surprised when Paypal put a 21-day hold on the funds until I cleared it. I thought it was great for me as the buyer. Sucks for the seller.
In my own paypal account, I usually have at least 2-3 months of average monthly payments in my account at any given time. And, I have done this consistently over the past 5-7 years with less than 5 minor disputes that were cleared up within days. I have no restrictions on my account except I cannot take American Express.
Go ahead, withdraw funds immediately. You will see where that leads you. What goes around, comes around.
But that's my question, what is more risky about a timeshare rental than a the rental of a condo I purport to own?
Are timeshare transactions of any kind (i.e., including sales) considered high risk? If so, then my guess is that in addition to the risk of timeshare rentals--which seems to be really no different than house or condo rentals--issues with timeshare sale transactions have pushed Paypal to hyper-correct and place fund holds for all timeshare transactions, assuming that is what Paypal is now doing.