I too think this is way too long a time period for them to take in transferring money. I have a tenant who pays her rent via paypal each month. It takes 3-5 days for the money to appear in my paypal account and then another 3-5 days for it to transfer out and hit my bank account. This means it could be up to 10 days. Say she send her money on the 31st - I don't get it until the 9th of the month. That is considered late, my mortgage payment has already come out and I end up having to pay an overdraft fee because of the overlapse. Convenient and better than snail mail, yes, but, I agree it could be much faster.
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