Payment Pending!!!!
- Mark as New
- Bookmark
- Subscribe
- Mute
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Hi all,
I sent a large amount of money via friends and family. E-check was used, even though I wasn't notified it was the option, this was on Feb 16th. The money was drawn from my account on the 17th and PayPal instructed it would clear on the 19th. It's not the 23rd and the payment is still **bleep**ing pending!!! I can't cancel. What kind of scam is this??? There is no was to contact a human at PayPal to resolve. Am i out my $7,000???
Thanks,
- Labels:
-
Funds Availability
-
Sending Money
- Mark as New
- Bookmark
- Subscribe
- Mute
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Your bank is slow processing your payment to paypal isn't it.
Sadly until they clear it paypal can't give it to you can they.
Friends /family payments are nearly always echeques as they are FREE, if you funded it via a card and paid then it would be instant.
Paypal always uses electronic transfer (echeques) and not wire transfer as its the cheapest option.
However if you are paying a seller they credit the seller upfront and paypal take the wait for the echeque to clear, this is so you get your item without delay as e-transfers go via ACH in batches and take up to a week.
There are times however when its you and the seller / recipient that take the wait for the echeque to clear and here are some of the reasons...
1. Back up card has expired or needs updating.
2. You have had a recent negative balance or failed bank transfer (so paypal are not going to credit the seller in advance in case it happens again).
3. For some high cost riskier payments / transactions.
4. Friends / family payments *funded from a bank account* as this option is free then its you that takes the wait this time.
Advice is voluntary.
Kudos / Solution appreciated.
Haven't Found your Answer?
It happens. Hit the "Login to Ask the community" button to create a question for the PayPal community.
- Paypal ask payment method twice in My Money Archives
- Payment in My Money Archives
- I can’t use pay pal as a payment method on my ps5, any ideas? Please help in My Money Archives
- i cant make a purchase online using paypal in My Money Archives
- PayPal took money from my account because buyers card issuer took it in Payments Archives