cancel
Showing results for 
Search instead for 
Did you mean: 

Payment

Highlighted
Contributor

Payment

Curious as to why when i buy something it takes paypal about a half second to pull money from my acct. Yet when i sell something it takes weeks to get paid? Not cool
Tags (1)
1 REPLY 1
Esteemed Advisor

Re: Payment

@Bobbyfarthing

 

When you pay a seller its never instant > paypal credit the seller for you and then paypal take the wait for the funds to transfer.

The funds may leave your bank or card account within a few hours but that does not mean paypal have them as with bank funding they use the slowest (because its the cheapest) transfer option, thats why they credit the seller in advance. Its also why we get confused buyers saying their item is on the way but the funds have not left their bank account yet.

 

HOWEVER if you are waiting weeks 'as a seller' then it sounds as if you are subject to the 'new seller hold' that does not last long and all new sellers go through it.


Advice is voluntarily given.
Kudos / Solution appreciated if I helped you.