I'm selling an item for several hundred dollars to someone on the other side of the country. He proposes to pay me using paypal. How long does it take before the funds are irrevocably mine? I.e. if he had paid using a stolen credit card, or a forged bank draft and it took a week or two for his payment to be renounced. How long before paypal can no longer recall the payment from my account, and I can safely send the purchased item? Thanks! And is there some written paypal policy on this?
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