Holds on Service Payments : How to get your money faster and on time.

[klymcneal]

Hey! 

I use PayPal invoices to receive payments from my clients who receive monthly social media management services from me. However, there is aways a hold on the funds when they pay their invoice on time and I cannot receive my money until at least 21 days later... this is a problem because this is my full time income!!!! Has anyone found a way to get their money faster when it does not involve product shipping? I cannot just simply ship the product and update this because it is a service, but for my money to be on hold monthly is really unfair and such a hassle, someone please tell me you can help!!!

[kernowlass]

@klymcneal 

With payments received for tangible goods Paypal would request valid tracking information confirming the item has been delivered to the buyer. As they can validate the tracking information online, once it is delivered they can release the funds. As you have received the funds for a service no tracking number is applicable and Paypal would be unable to release these funds any sooner than the 21 days.

If you mark the transaction as processed then the buyer may have the option on their account to mark the transaction as delivery/satisfied. If the buyer confirms this by clicking on the "Confirm Receipt" button, the funds may be released to you sooner. This is not always guaranteed. 
If not then sadly its 21 days. HOWEVER as soon as paypal think you have become a trusted seller the new seller hold would stop.