Last week I sold 2 large items on ebay ($4,800 / $6,300 including tax) and within 15 minutes, both of the buyers wanted to cancel their order. One of these canceled orders was a buyer who accidentally paid with his credit card instead of his company's so he wanted to re-order and pay with the correct card. The other accidentally ordered. After refunding both, I had about $321 less in my account than when I started the day. The $6,300 buyer ordered again with the correct CC and I was charged $182 again so my total paypal fees for these transactions are $503. That $503 is gone forever regardless of whether the buyer keeps the item or returns it.
I haven't felt this violated since I was mugged 13 years ago!
I called paypal to get this corrected and all they could tell me is their policy has changed and I'm free to close my account if I wish. My margins are very small, especially after ebay high fee's and the bottom line is that I'll be out of business in no time with this crazy policy (scam). After using paypal for the last decade, I closed my account for good.