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-   -   FYI PAYPAL PULLING MONEY SAME DAY NOW !! When Buying (https://www.aspkin.com/forums/paypal-talk/77966-fyi-paypal-pulling-money-same-day-now-when-buying.html)

keepongoing 09-30-2014 05:00 PM

FYI PAYPAL PULLING MONEY SAME DAY NOW !! When Buying
 
so paypal is now pulling money same day.

THIS IS A FYI.

Typically when you buy something and your paypal balance is 0, it will pull from your bank account or credit card and take a couple days to show up online at your bank etc.

now they are pulling it instantly and it is showing up instantly. I just noticed this yesterday.

JUST A FYI that there are some changes going on. :bounce:

Nyco 09-30-2014 05:15 PM

Re: FYI PAYPAL PULLING MONEY SAME DAY NOW !! When Buying
 
Quote:

Originally Posted by keepongoing (Post 593263)
so paypal is now pulling money same day.

THIS IS A FYI.

Typically when you buy something and your paypal balance is 0, it will pull from your bank account or credit card and take a couple days to show up online at your bank etc.

now they are pulling it instantly and it is showing up instantly. I just noticed this yesterday.

JUST A FYI that there are some changes going on. :bounce:

So your saying there might be "some light at the end of the tunnel" for the dead beat buyer problem??

keepongoing 09-30-2014 05:27 PM

Re: FYI PAYPAL PULLING MONEY SAME DAY NOW !! When Buying
 
thats a very good point.

I think in part, paypals choice to pull the money so fast is to make sure it hits the account same day and not bounce.

this may also be a way to prevent fraud from certain buyers.

BigCJ 09-30-2014 05:36 PM

Re: FYI PAYPAL PULLING MONEY SAME DAY NOW !! When Buying
 
A true break through would be if they held the funds of buyers just like they hold the funds of sellers once they bid on something.

That would cut down the non paying noobs DRAMATICALLY.

You buy a $400 iphone? That money is now 'pending' until the auction is over.
You dont have the funds? You can bid or buy.

Nyco 09-30-2014 05:40 PM

Re: FYI PAYPAL PULLING MONEY SAME DAY NOW !! When Buying
 
Quote:

Originally Posted by BigCJ (Post 593284)
A true break through would be if they held the funds of buyers just like they hold the funds of sellers once they bid on something.

That would cut down the non paying noobs DRAMATICALLY.

You buy a $400 iphone? That money is now 'pending' until the auction is over.
You dont have the funds? You can bid or buy.

:amen::amen::amen:


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