I'm so glad I found this thread because I just encountered this problem about 10 minutes and my first though was "WHAT THE **bleep**!".
I just last night won my first eBay auction and in turn made my first PayPal payment. I clicked the make payment button, went threw the whole thing, and after it was sent I got a message saying it would take 7-10 days for my payment to clear. That's absolutely ridiculous, not only that but it makes me look bad because I'm sure the seller isn't going to like waiting so long for his money, and that's even longer it'll take for me to get my item now, and it makes me feel like an a$$ because like I said I'm sure the seller would like a prompt payment and now thanks to PayPal I look like an a$$. So basically if there's an item I want and the seller needs payment within 48 hours, I'm $hit out of luck basically.
And even putting money in my PayPal account so it's there when I need it and having to wait 5-7 days for THAT payment to clear, but I'm sorry that's awful. I'm not exactly a rich person so I cant really afford to have say $100 just sitting in PayPal. For me, I want to see an item I want, bid on it, and when I win it, go put the money in my PayPal account and pay for the item promptly with no issues. If I see something on the day it's posted, so I go and put say $50 in my account so that by the time the auction ends the payment will be cleared, and then I don't win the auction and need to take the money back out and have to wait another week!
Sorry for the longish rant but this really makes me mad and honestly. This was my first, and probably last time using PayPal.
Oh and I love how at the beginning of the thread someone from PayPal actually took notice of this thread, but now that people are mad, and expressing valid opinions and complaints, there's not a peep out of them.
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