My 12/27/22 payment finally got credited on 1/11/23. That's 16 calendar days/11 business days. I just re-read the beginning of this thread. Now I wonder if this mess is somewhat normal with PayPal? I wonder if any of our complaints here, in twitter, or elsewhere like bogleheads makes any difference. So PayPal bill payments can take anywhere from 1 business day to 11+ business days?
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My Chase payment finally got credited. Payment date 12/27/2022, Credited on 1/11/2023. What a mess. Is PayPal making interest money off these long delayed payments?
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My credit card company Chase told me the temporary credit is only good for 30 days. They still need proof the payment is made. They asked me for a transmittal report, which PayPal doesn't have. I think PayPal needs to fix this problem.
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12/26 is Christmas holiday in US. So transactions made on that day would be considered as 12/27. The missing payment may be related to Holiday black hole in PayPal's system.
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@PayPal_JonK There has to be some issue. Multiple people are reporting similar problems across multiple payees. In my case, PayPal has taken money out of my bank, but didn't send it to my payee. Could you please help finding the bottom of this? Is there a middle man between PayPal and the payee? Could you check with them to see what happened?
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