PayPal Community

If your sales mostly come through eBay, it is probably time to stop pulling your hair out over PayPal Working Capital and move on.   Tamebay provides some details from PayPal. Basically eligibility for PayPal Working Capital is now calculated on non-eBay sales, any sales made on eBay no longer count. For eBay sellers PPWC in is current from is no longer available, unless you receive some sales through other channels. “At PayPal, we believe you should be able to build your business your way, so we hope your PayPal Working Capital advance is helping you to do just that. As a PayPal Working Capital customer who sells on eBay we wanted to make sure that you are aware of the changes to payment processing eBay are introducing and the impact it will probably have on your PayPal Working Capital advance. What changes are eBay introducing? eBay is launching its own payment processing service and plans to move all its business sellers to eBay Managed Payments over the coming months. What does this mean for your business? When your business moves to eBay Managed Payments, your eBay sales will no longer be visible to PayPal even when PayPal is included as a checkout option. PayPal will not be able to collect automatic repayments from your eBay sales, so you are likely to take longer to repay your cash advance and may not meet the minimum repayment required every 90 days. What can you do? If you are not able to make the expected level of repayments from sales still processed through PayPal, you should arrange to make additional repayments. One of the ways you can do this is by setting up bank payments from your bank using the new functionality in the PayPal Working Capital account dashboard. Will your business still be able to apply for a PayPal Working Capital advance in the future? Your business’s future eligibility will be calculated on your non-eBay sales so depending on the amount of sales you continue to process through PayPal, you may still be eligible for future funding from PayPal Working Capital. We are working to make alternative financing solutions available, allowing us to continue to help your business letting you determine the best way to fund your business. We value you as a customer and would like to continue to help and support you and your business. If you have sales in other channels or marketplaces or want to setup your own online store, then we can help you." ... View more

I waited about five days before re-applying, and have now been offered working capital.  The sum is slightly lower than my last successful application, but the fee percentage and increments are also lower than they have been before, so I am happy with that. Whatever DLGJ0710 was, it appears to have resolved for me.  ... View more

I have just had this error too. I have now repaid my 9th working capital loan. Total of all my loans is £31000. They have all been paid in full, and have never been declined when applying before. Searching Google this appears to be a new error code. My thoughts are maybe the current covid situation makes loans too risky? They have also been given permission to offer us government covid loans like the banks, maybe they are concentrating their efforts on those government backed loans. Another thought that has been concerning me greatly before now is eBay and their managed payments being forced onto UK sellers this year. All my sales are on eBay, which means PP WC will soon no longer see my sales, my income, or be able to automatically take their % from payments I receive. I do not need the money at the moment. I can not buy stock anyway, since the auction houses have all closed. But I was looking to plan ahead, and it would be handy to know I could rely on PP WC for future cash flow. I will be contacting them myself in a few days if the error persist, to check if I need any action taking on my account. ... View more

Same here, I just see:   "Recent activity Keep track of your most recent activity here when you shop, or send or receive money. Don't see a previous payment? Search by date in your Activity. Shopping for something? Find places that accept PayPal."     Thankfully, my balance with a payment from yesterday is still showing up. ... View more