Why does it take so long to tranfer money from my PayPal Account to my Checking Account?

Oldsmobility
New Community Member

Why does it take so long to tranfer money from my PayPal Account to my Checking Account?

With todays technology.. Debits are Credits are transferring immediately daily.. so why doe it take PayPal so long to process credits to you checking Account.. Who has use of that money for 2 or 3 days? PayPal?  I think it's time for PayPal to speed up the process. Thanks!

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inthesameboat
Contributor
Contributor

@Oldsmobility wrote:

Why does it take so long to tranfer money from my PayPal Account to my Checking Account?

With todays technology.. Debits are Credits are transferring immediately daily.. so why doe it take PayPal so long to process credits to you checking Account.. Who has use of that money for 2 or 3 days? PayPal?  I think it's time for PayPal to speed up the process. Thanks!


I am in total agreement with you. I reported my PP debit card lost but while I was still on the phone, I found the card. I was told I could get another card and would receive an email with instructions to "Express Apply". I did as instructed only to be denied a new debit card. I appealed the denial but was not granted an appeal. Reason stated is that I have not utilized my listed cards and have not sent money to my Paypal acct. through one of my bank accts. I listed and  I can reapply after thirty days but I must meet their requirements.  Without access to my PP acct. with a debit card and having to wait 3-4 days for the transfer of funds to take place, it's just another way  for Paypal to use the money in my account for as long as they can. So why does it take Paypal so long to process transfers??

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