Money withheld

TrayD
Contributor
Contributor
Why is PP holding my money?? I can understand why they are holding the money from my items sold - as I am totally new seller But I don't understand why they are also holding a refund I was given by another seller after the seller withdrew the item I was buying PP took the money from my bank account 2 pay the seller, so why the delay in giving it back???
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1 REPLY 1

kernowlass
Esteemed Advisor
Esteemed Advisor

@TrayD

 

Does it say temp hold or pending??

 

If its temp hold then read this  >>>

 

 

When you send a bank funded Instant Transfer payment, two things happen simultaneously:

1. PayPal sends a request to your bank for the funds for the transaction. It takes 3-7 business days for funds to come from your bank.

2. PayPal pays / credits the seller up front for you, instantly, so that the seller will not delay in processing your order.



When refund or cancellation occurs for that payment within a few days of it being sent, the funds that PayPal paid up front for you are returned.

However, the funds from your bank account are still in transit. They haven't reached your PayPal account yet.

As soon as those funds clear, they are available for you to use or withdraw.


Advice is voluntary.
Kudos / Solution appreciated.
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