Payment pending

Ppscrub
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I just sold my first item on EBay. The buyer sent the money to my PP and the payment is currently pending. I get that I need to wait for the payment to clear since it was my first sale. What I don't get is what exactly I'm waiting for. How can I shorten the wait as much as possible? Do I need to do something specific? Does the buyer need to do something, like check "Item Received", or is it only a matter of time and nothing else? The buyer thing doesn't quite make sense as PP itself advises not to send anything before the payment clears...
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Whac-A-Mole
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instant bank transfer vs e check,what I understand is that if he does not have a credit card linked to his paypal account,all bank payments become echeck and takes 3-5 days to clear.

if first attempt fails,PAYPAL will wait 2 days and try again.

Your buyer bank could charge NSF 1 or 2 times if he does not have enough fund in his account.

you just have to wait till PAYPAL tells you it is okay to ship 

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DPCreations
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What is actually on the PayPal transaction details page?  Is it OK to ship or not?

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Ppscrub
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'This payment is still pending. In case you are shipping an item please wait until the payment is completed.'

 

That's what it says.

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Whac-A-Mole
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Paypal is asking you to wait until they collect the payment from the buyer,it could be an echeck which takes 3-5 days to clear,if there is enough fund in buyer bank account,if not,Paypal will wait 2 days and try again.

It could be a credit card issued by a foreign bank or an obscure issuer and takes time to collect.

these days it could be a virtual card,debit card,gift card,just be patient,you can ship if you want to live dangerously,no one forces you to wait,it is up to you.

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Ppscrub
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'...has initiated a PayPal payment to you - funded from the sender's bank account...'

 

It was a bank account transfer it seems. Does that count as an echeck or not? Also, the payment was made on Friday afternoon(according to the buyer's regional time). Does that mean it will get handled on Monday as banks don't do these transactions on weekends(at least where I'm from)?

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DPCreations
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The only thing it means is to wait until PayPal indicates OK to send.  There is likely a problem with the sender's funding and it could actully fail.  There is no time line to expect completion; just wait unit PayPal give the OK.

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Whac-A-Mole
Frequent Advisor
Frequent Advisor

instant bank transfer vs e check,what I understand is that if he does not have a credit card linked to his paypal account,all bank payments become echeck and takes 3-5 days to clear.

if first attempt fails,PAYPAL will wait 2 days and try again.

Your buyer bank could charge NSF 1 or 2 times if he does not have enough fund in his account.

you just have to wait till PAYPAL tells you it is okay to ship 

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12345laxman
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Contributor
help my payment
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mercbaz
Contributor
Contributor

 


@sumiko wrote:

instant bank transfer vs e check,what I understand is that if he does not have a credit card linked to his paypal account,all bank payments become echeck and takes 3-5 days to clear.

if first attempt fails,PAYPAL will wait 2 days and try again.

Your buyer bank could charge NSF 1 or 2 times if he does not have enough fund in his account.

you just have to wait till PAYPAL tells you it is okay to ship 


Hi, I have a similar situation. I have a credit card and debit card linked to my account and Ive paid a seller via PayPal. He now informs me that he will not send my item until my payment has cleared as he does not trust the payment while it is on hold! What happens now ?

 

Regards, mercbaz

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Whac-A-Mole
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Frequent Advisor

@mercbaz wrote:

 


@sumiko wrote:

instant bank transfer vs e check,what I understand is that if he does not have a credit card linked to his paypal account,all bank payments become echeck and takes 3-5 days to clear.

if first attempt fails,PAYPAL will wait 2 days and try again.

Your buyer bank could charge NSF 1 or 2 times if he does not have enough fund in his account.

you just have to wait till PAYPAL tells you it is okay to ship 


Hi, I have a similar situation. I have a credit card and debit card linked to my account and Ive paid a seller via PayPal. He now informs me that he will not send my item until my payment has cleared as he does not trust the payment while it is on hold! What happens now ?

 

Regards, mercbaz


is this a different kind of hold ,new seller or seller who dont sell much or seller been away and come back to sell,could experience Paypal or Ebay hold until he shipped the item.

tell him,if he does not ship,upload tracking ,he may never get his payment released.

payment would be released after he upload tracking,when tracking shows it has been delivered to you,it would be released sooner like 3 -21 days after tracking shows delivered.

 

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