cancel
Showing results for 
Search instead for 
Did you mean: 

Paypal Working Capital has not withdrawn any money since March 24th on any of my sales.

akb21
Contributor

Paypal Working Capital has not withdrawn any money since March 24th on any of my sales.

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.

1 REPLY 1
jamie716
PayPal Employee

Re: Paypal Working Capital has not withdrawn any money since March 24th on any of my sales.

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