pending payment

tomtom0973
Contributor
Contributor

I am really confused - according to the pay pal the criteria for holding an instant transfer are plentiful and  currently i do not meet any of them SO WHY THEN HOLD MY MONEY. the amount was small, the amount was from a friend who has transferred before, it wasn't from a dubious country or fake address, it was from a fellow Pay Pal user, to my normal computer in my normal house -  I use my account regularly but not excessively, i am so freaking ordinary i bore myself, so when my friend transferred money for me to buy food because i have been out of work for 12 months imagine my surprise when Pay pal decide to hold the money - what amazing story will they concoct this time to justify being completely pointless - have you heard of Money Wise - none of this nonsense instant like 30 mins bank account to bank account and the fees are tiny compared to this.- never again pay pal -  please explain why this has happened as a parting gift

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kernowlass
Esteemed Advisor
Esteemed Advisor

@tomtom0973 

 

Its down to how the payment was SENT to an account.

1. If sent using money > goods / services option then paypal would see the recipient as a seller and apply the new seller hold. They would also charge a fee.

2. If sent using the send money > family / friends option then the recipient would have the payment instantly (as long as it wasn't an echeque pending with a clearance date) with no fee. (However that option is not available in every country).

There are however some occasions where friends / family payments are held for reviews but these are normally only 24 hours.


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