Paypal bank tranfers are to slow

JWPratt
Contributor
Contributor

How do I speed up the process?  I don't mind paying a fee as long as it not to high. I like the idea of paypal, but the speed at which it works makes me use it a lot less than I would otherwise.

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21 REPLIES 21

SNAILS
Contributor
Contributor

Sorry Tank,

I don't buy it! You are not writing a check. Not even close! Transfers should be instantaneous. No verification needed! Either the money is there when you hit "Transfer" or it's not!

They are sitting on the money. Plain and simple! They maintain a balance level with our money, so they can draw interest on it. A lot of money is being made for PayPal at our inconvenience!

 

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heavytank2
Contributor
Contributor

That and when you start a new ebay seller account, I was told yesterday, by someone I purchased from. That they hold the funds for 21 days!!! I am assuming this is a buffer incase there is something awry with the product (ebay protection plan) that and obviously they probably are drawing interest at that point.

 

All they would have to do is maintain a certain balance.

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