I'm ticked at PayPal for taking a sizable hunk of the buyer's payment to me then sitting on MY money, first promising to give it to me the day after delivery, then sitting on it for two more weeks because "I hadn't used PayPal for awhile" (sounds like extortion). When they finally released the funds they wanted another $15 to wire the money immediately and avoid another "one to three day delay." Seems like just another money-grubbing corporation putting up unnecessary hurdles to squeeze the customer and make added interest on the money "in transition."
Paypal Changes for 2022
If I understand this correctly, Paypal, along with all on-line payment sources like Venmo, etc. will now be sending out 1099 forms for all payments totaling $600 you receive in 2022 for goods or services. The only way around this is to use Paypal friends and family for payment which eliminates any buyer protections. Is everyone aware of this?