Money on Hold

Zaruma
Contributor
Contributor

I listed an item on Craigs List. The person paid via Paypal and the next day came to my house and picked up the item. Now Paypal is holding my money. What is Paypal doing?

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sharpiemarker
Esteemed Advisor
Esteemed Advisor

@Zaruma 

 

This what PayPal doing:

 

https://www.paypal.com/us/smarthelp/article/why-is-my-payment-on-hold-or-unavailable-faq1987

 

Sellers/recipients do this to get money sooner (may not be available for some countries):

 

 1. Click Activity at the top of the page.

 2. Find and click the original payment for the item or service.

 3. Click Add Tracking Info.

 4. Select an Order Status.

 

Note: PayPal releases funds 24/48 hrs from delivery confirmation with courier by PayPal, if tracking info is provided in the transaction.

 

Then ask buyers/senders to “confirm receipt” to release funds (may not be available for some countries):

 

 1. Log on to PayPal account.

 2. Click Activity at the top of the page.

 3. Find and click the payment transaction.

 4. Click Confirm Receipt.

 5. Click Yes to confirm that you received the order.

 

***Not all transactions require receipt confirmation.

 

If buyer does not take action to confirm you may have to wait up to 21 days for PayPal to release the funds.


Kudos & Solved are greatly appreciated. 🙂
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