So I've been watching a Fortis Eco Spacematic on ebay for the last 3 days. The auction closed at around 0200 CST and I won the watch. I promptly paid for it via PayPal and went to bed.
Wake up this morning, drinking my coffee, surfing the magic internet, when I get an email from the seller stating that PayPal won't release the funds to him so he's refunding my money and asking for a cashier's check or money order. He says in so many words that it's PayPal's fault. I call PayPal to find out what exactly is going on. They tell me because of the seller's limited history/seller rating there's a hold on the funds until they get a tracking number from him confirming shipment and positive feedback from me confirming receipt of the item.
I call the seller and explain this to him and he states PayPal never told him that. I tell him I'll go ahead and pay for the item again, via PayPal, and we'll go from there. Guess what? You guessed it, same song and dance. Then he asks me if I want to send the money to his buddy's PayPal account without any involvement from ebay. I kindly declined and needless to say I still don't have the Spacematic.
Be careful people, for all I know he may not of even had the watch.
-Fan of PayPal
Ps. Last week I bought a watch off of Craigslist and paid for it via PayPal. They called me not 10 minutes after I completed the transaction to ensure that I was in control of my account and aware of the transaction.