seller says money is pending for 24 hours

[Ronancleary]

i recently sent money to a seller for a concert ticket through friends and family as he said it would have taken 21 days for him to receive it if i sent it through goods and services. he has accepted the payment but is now saying that the payment will be pending for 24 hours. im just wondering is that true or not as he is not replying to me

[kernowlass]

@Ronancleary

Yes they can be reviewed for 24 hours, however................

A friends / family (or gift payment) is intended as a transfer of funds from family or friends to one another. For this reason, there is no processing fee when payment is made with bank or PayPal balance.
However as it is a “gift” payment, there is also no Buyer protection as no goods or services should have been exchanged.

If he was not a close mate or family member you should never use that option as it enables the seller to evade his paypal fees and negates your buyer protection at the same time. That is also why you would be unable to open a dispute apart from an unauthorised transaction (if your account was hacked and used without your consent).

You also risk having your account limited for using this option when you are purchasing goods as its against Paypal rules.