Paypal Working Capital has not withdrawn any money since March 24th on any of my sales.
- Mark as New
- Bookmark
- Subscribe
- Mute
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
I saw that Paypal is suspending working capital payments for 30 days upon request due to Covid-19, however I never made any request and I just checked my account today and saw that there hasn't been a working capital payment withdrawal since Mar 24th on my account. I don't have any emails or anything from them. I hope they're not just going to take out one big lump sum for those 3 days.
- Mark as New
- Bookmark
- Subscribe
- Mute
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Hi @akb21 ,
PayPal is proactively suspending Working Capital repayments in areas that are declared disaster areas by FEMA. It is very likely that you are in one of these states and the payments were paused for 30 days. You should have received an email regarding this if so.
If you would prefer to continue making payments on your loan, please visit the contact us link to call PayPal and they can reenable the repayments for you.
Take care!
Jamie
Haven't Found your Answer?
It happens. Hit the "Login to Ask the community" button to create a question for the PayPal community.
- Working Capital in Merchant Products and Services Archives
- Xero Reconciliation for PayPal Multiple Currency receipts in Reporting Archives
- Is this legit in Managing Risk and Fraud Archives
- What’s working capital like at the moment? in Merchant Products and Services Archives
- Working Capital Loan July 2021 in Merchant Products and Services Archives