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mastercard payments

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mastercard payments

If I pay someone with MC, how long does it take for them to receive the money and be able to transfer to their bank account?

3 ACCEPTED SOLUTIONS

Accepted Solutions
Volunteer Advisor

Re: mastercard payments

@gannon1507

 

Doesn't matter how a buyer funds their paypal payment as paypal always credits the seller in advance and paypal take the wait for the funds to transfer from that persons bank account or card. This is so the buyer gets their item more quickly.

 

Paypal payments are more or less instant but allow a couple of hours.

As to when they can withdraw those funds is dependent on if they are subject to the new seller hold or a security hold on withdrawal of those funds.

Contributor

Re: mastercard payments

if you pay with MC,as goods and services,then your seller will pay Paypal a fee,then he has to upload tracking,depends on how good his standing is ,fund could be withheld  3 -7 days after delivered,up to 21 days.

if you pay with MC as friend and family,a fee would be deducted and he would get less,it could be withheld for review ,it all depends .

you may consider western union,wiretransfer or online  banking or just mail a check

Highlighted
Contributor

Re: mastercard payments


wrote:

@gannon1507

 

Doesn't matter how a buyer funds their paypal payment as paypal always credits the seller in advance and paypal take the wait for the funds to transfer from that persons bank account or card. This is so the buyer gets their item more quickly.

 

Paypal payments are more or less instant but allow a couple of hours.

As to when they can withdraw those funds is dependent on if they are subject to the new seller hold or a security hold on withdrawal of those funds.


NoT ALWAYS,if the buyer does not link a credi card and pay with bank transfer,then it is not instant transfer,it becomes an e check and could take 3-5 days,seller would be advised not to ship yet.until check clears.

3 REPLIES
Volunteer Advisor

Re: mastercard payments

@gannon1507

 

Doesn't matter how a buyer funds their paypal payment as paypal always credits the seller in advance and paypal take the wait for the funds to transfer from that persons bank account or card. This is so the buyer gets their item more quickly.

 

Paypal payments are more or less instant but allow a couple of hours.

As to when they can withdraw those funds is dependent on if they are subject to the new seller hold or a security hold on withdrawal of those funds.

Highlighted
Contributor

Re: mastercard payments


wrote:

@gannon1507

 

Doesn't matter how a buyer funds their paypal payment as paypal always credits the seller in advance and paypal take the wait for the funds to transfer from that persons bank account or card. This is so the buyer gets their item more quickly.

 

Paypal payments are more or less instant but allow a couple of hours.

As to when they can withdraw those funds is dependent on if they are subject to the new seller hold or a security hold on withdrawal of those funds.


NoT ALWAYS,if the buyer does not link a credi card and pay with bank transfer,then it is not instant transfer,it becomes an e check and could take 3-5 days,seller would be advised not to ship yet.until check clears.

Contributor

Re: mastercard payments

if you pay with MC,as goods and services,then your seller will pay Paypal a fee,then he has to upload tracking,depends on how good his standing is ,fund could be withheld  3 -7 days after delivered,up to 21 days.

if you pay with MC as friend and family,a fee would be deducted and he would get less,it could be withheld for review ,it all depends .

you may consider western union,wiretransfer or online  banking or just mail a check