recieving payments
craig_vanderhoo
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Posted on
Nov-12-2020
11:08 PM
my friend transferred money to me n paypal is holding it because I'm a new seller but this was just a money transfer not a purchase how do I get my money released
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kernowlass
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Nov-13-2020
12:16 PM
Its down to how the payment was SENT to an account.
1. If sent using money > goods / services option then paypal would see the recipient as a seller and apply the new seller hold. They would also charge a fee.
2. If sent using the send money > family / friends option then the recipient would have the payment instantly (as long as it wasn't an echeque pending with a clearance date) with no fee. (However that option is not available in every country).
There are however some occasions where friends / family payments are held for reviews but these are normally only 24 hours.
Advice is voluntary.
Kudos / Solution appreciated.
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