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First, I want to thank you all for coming to the community to bring your concerns forward and help us identify issues regarding this process. I understand how frustrating this situation is and that not knowing what's happening can be frightening.
The transfers from the IRS have begun processing, but as others have already stated, these transfers are coming through in waves. This means that your deposit may have been initiated by the IRS, but hasn't finished processing through the Automated Clearing House to your account just yet. There was a delay with some of these transfers from the IRS, but most deposits should be coming through starting now and over the next few days. Once these funds deposit into your PayPal balance, you should receive a notification from us that the funds are available for withdrawal.
Please note that this post is marked as the solution NOT because this issue is resolved, but because we need this notice for everyone to float to the top of the thread. We're bringing everyone's concerns to one place so we can ensure all your concerns are heard and addressed here, and hopefully we'll start seeing updates from people regarding their transfers arriving soon. Thank you all for your patience during this trying time, and we appreciate your feedback regarding this process.
UPDATE: If your stimulus check has arrived and shows in your account, but is on hold/pending, this is a known issue and you'll need to contact us to have the funds released immediately. Again, this is only if your funds show in your received payments but are listed in your pending balance or have the payment status of "Pending".
- Ashley M
No, they are sending it out in waves. So everyone is not going it at the same time.