Paypal question

Joined
Oct 23, 2013
Messages
340
Location
USA
I had a guy pay for a product on ebay via paypal. I avoid it due to the fees. One thing I noticed is that the deposit is pending, not in my bank account. When will it get deposited? When he says the product was received?
 
Joined
Feb 23, 2012
Messages
219
Location
FL
Is the payment in you paypal account? It takes two or three days after you transfer the money from paypal to your bank account for it to show as a deposit. Do not ship it until the money is in your paypal account!
 

Plumber

Thread starter
Joined
Oct 23, 2013
Messages
340
Location
USA
The money is in the paypal account. It says it is pending. It will not let me transfer to my bank account. Paypal does say estimated deposit by November 15th???
 
Joined
Jun 15, 2003
Messages
36,984
Location
ME
Yeah paypal forces escrow until plenty of time has passed for the buyer to receive/ complain. If you made a postage label through paypal's app you might have an easier time and even a buck or two cheaper.
 
Joined
Mar 18, 2008
Messages
6,638
Location
South Florida
I was an eBay power seller. When you are a new seller, PayPal holds your funds for like 30 days... a complete ripoff. If you uploaded the tracking number, I believe that they will release your funds a few days after the item was confirmed delivered. PS- NEVER ship an item through eBay without getting a tracking number. Too much rampant fraud and people know if there is no tracking number they get to keep the item for free and eBay will refund their money too. Upload the tracking number into eBay as soon as you get it. If you wait, you will get dinged by eBay. They require the tracking to be updated very quickly.
 
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