PayPal Community

Sorry Tank, I don't buy it! You are not writing a check. Not even close! Transfers should be instantaneous. No verification needed! Either the money is there when you hit "Transfer" or it's not! They are sitting on the money. Plain and simple! They maintain a balance level with our money, so they can draw interest on it. A lot of money is being made for PayPal at our inconvenience!   ... View more

PayPal is making money on your money! You can imagine the amount of money being transferred at any given time or I should say in PayPal's case, in the "Process" of being transferred"!  At any rate the longer they hang on to it, the more interest they make! Even at 1% they are making a killing on your dime! Transferring funds takes as long as they need it to keep their balance at a certain level to draw the interest that they are used to! They could do it quicker, but it would eliminate their "Free" interest money! Until somebody high-up in the PayPal organization blows the whistle on them, they will keep on doing it! Business as usual, so to speak! No matter where you turn, the consumer finishes last! ... View more

PayPal Andy, I thought we were discussing the continued slowness of PayPal bank transfers? And they are getting worse, I might add! It used to take a ridiculous three days and now it takes an incredible five to seven days! PayPal has an agenda I'm sure. They are either drawing interest with their customers money or purposely making it slow to force their customers into putting their credit card information online! OR BOTH! I do not see how a PayPal debit card helps you transfer money out of your personal bank account? Your answer is the standard run around I get when I call PayPal Customer Service! PayPal had better start listening to their customers complaints and fixing the problem! People are sick of this wait period and it never gets better! In fact it is getting worse! How pathetic!   ... View more

A PayPal transfer from your bank account is an absolute joke. I transfered on July 5th. and today is the 11th. and it's still not completed. PayPal always blames it on the bank, but the bank gets it right out. I have checked! I'm not sure what their game is, but I'm sure that they have some kind of scheme going because there is no way that transferring money takes that long? I am totally disgusted with their shoddy explanations! I'm about ready to tell them to go fly a kite. I got a PayPal account for speed, but waiting 7 days for a money transfer is NOT speed!!!!!!!!! PayPal, your money transfers are pathetic! You should be ashamed of yourselves for scamming your customers! ... View more