Money on hold

mrstv19
New Community Member

Totally disgusted, I sold some SHIB and transferred the proceeds via Advcash to PayPal through an intermediary Leoexchanger. Now PayPal is asking me to tell the intermediary to acknowledge reception of a good that was never sent since there is no good and the exchange via the intermediary is done through an automated email address so no one from there can click on the damn link sent by PayPal since the whole process is automated thus no human intervention at all. 21 days just because my transaction does not tick one of their box.

Login to Me Too
1 REPLY 1

kernowlass
Esteemed Advisor
Esteemed Advisor

@mrstv19 


With payments received for tangible goods Paypal would request valid tracking information confirming the item has been delivered to the buyer. They can validate the tracking information online, so once it is delivered they can release the funds. IF you have received the funds for a service / virtual or digital sale or no tracking number is applicable Paypal would be unable to release the funds any sooner than 21 days.

However If you mark the transaction as processed then the buyer or sender may have the option on their account to mark the transaction as delivery/satisfied. If the buyer or sender confirms this by clicking on the "Confirm Receipt" button, funds may be released sooner ie 7 days after the buyer or sender verifies receipt. This is not always available or guaranteed. 
If not then sadly its 21 days.


Advice is voluntary.
Kudos / Solution appreciated.
Login to Me Too

Haven't Found your Answer?

It happens. Hit the "Login to Ask the community" button to create a question for the PayPal community.