Shipping with held funds

pod · #1 06-10-2010

I couldn't find this in a thread. I'm sure its been covered before, but alas, I could not see any...

I was under the impression you could use a portion of the held funds [21 days] to print shipping label within PayPal.

But the only option it gives me is credit card.

Is this only applicable if you have equivalent funds already available? Meaning if I have enough to ship, use it, shortly thereafter the shipping amount will be released from hold to match?

Thanks

meVebay · #2 06-10-2010

Yep, that is correct!

A positive change from Paypal i feel!

pod · #3 06-10-2010

So when you say correct; You mean they do release hold on amount used for shipping, but AFTER you pay for said shipping first?

cardfelon · #4 06-10-2010

Here in the US they don't release part of the funds. They only release the full payment once you receive positive feedback or the 21 days has gone by. Maybe it's different in other countries but I doubt it.

pod · #5 06-10-2010

Quote:

Originally Posted by cardfelon

Here in the US they don't release part of the funds.

https://www.paypal.com/cgi-bin/websc...yments-outside

bottom of page. Maybe a new thing to help out. and if it works, it will

oge · #6 06-10-2010

Well from my experience PayPal release it while printing the postage it was random sometimes I paid with credit and had to ship package another and the funds were already released because I indicated that I was using a med flat rate box. It does say somewhere that PayPal will release the funds for shipping but it doesn't happen until you actually print the postage. GOOD LUCK!

pod · #7 06-10-2010

Ya. Thats the way I figured it was, thanks. Its nice to get shipping fee back right away. Item out and waiting a bit for payment is ok. But adding shipping costs to the red, if high, is an extra pain sometimes. So this is a nice feature for sure....

cardfelon · #8 06-10-2010

So your saying that if you pay for the postage then Paypal will release the amount that is equal to the postage? I have several accounts that I paid for the postage with my Paypal balance and never once have they released any portion of the held funds from the payment associated with the item that I just printed out the postage for through Paypal. How many people can confirm this?

oge · #9 06-10-2010

Quote:

Originally Posted by cardfelon

So your saying that if you pay for the postage then Paypal will release the amount that is equal to the postage? I have several accounts that I paid for the postage with my Paypal balance and never once have they released any portion of the held funds from the payment associated with the item that I just printed out the postage for through Paypal. How many people can confirm this?

Yes this is what happen to me. I wouldn't need to post something that isn't true. Maybe it's only if you use flat rate boxes but if you use other shipping methods then it wouldn't work because then of course you could sell an item for less and put the shipping price high. I will try to find some info straight from the horse's mouth (PayPal).

pod · #10 06-10-2010

Hmmm. Seems maybe yes, maybe no. Good ol paypal with making their own rules work sometimes...

They note very little on site that I can find and it seems vague [Naturally]

"If you print labels and pay for shipping through PayPal or eBay, the cost of shipping will be released from your pending balance shortly after purchase. Printing labels on eBay and PayPal is free. You're charged only the cost of shipping."

I have something to print shipping tonight so I will try and see if its released. If its not released I will email paypal and see why...

oge · #11 06-10-2010

Yes that's what I was looking for but we need a link to it.

pod · #12 06-10-2010

6 posts up. but here it is again. cheers

https://www.paypal.com/cgi-bin/websc...yments-outside

bottom of page

oge · #13 06-10-2010

Yes that post#5 link works the post you just posted didn't work because you must be logged in. But that's where I saw it and it only worked n 1 of my accounts randomly thanks for the link.

jbluntz · #14 06-10-2010

Yes paypal uses money from the held funds to pay for shipping only when you print your label from paypal, it says that on their site somewhere, also it works when I do it I use paypal multi-order shipping.

pod · #15 06-10-2010

oh crap. my bad

https://www.paypal.com/cgi-bin/websc...yments-outside

oge · #16 06-10-2010

Thanks Jbuntz AKA Snow "The Informer"

jbluntz · #17 06-10-2010

Snow "The Informer"? not quite, I don't think so, think you got your styles just a tad bit mixed up there lol. Try something more like this.

YouTube

cardfelon · #18 06-10-2010

Guess I'll have to email Paypal and find out what the deal is. I just printed a few labels about 2 hours ago and the balance hasn't changed at all in my account. How long does it normally take?

jbluntz · #19 06-10-2010

They deduct it as soon you click pay and print.

pod · #20 06-10-2010

Quote:

Originally Posted by jbuntz

They deduct it as soon you click pay and print.

Maybe it's determined by how you pay for label. For those that it works for, are you using credit card, balance, or both?

jbluntz · #21 06-10-2010

They deduct out of the held funds in your paypal account maybe it doesn't work in Canada, if you have funds available on your creditcard or paypal balance then yeah they'll take from there first but if you cc is 0 and your availabe paypal bal. is 0 then they'll take it from the held funds.

cardfelon · #22 06-10-2010

So it only works then if your available funds are $0 and the rest of your balance is in the pending funds section?