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Car Forum / Antique and Collectibles / Studebaker / June 2008Howizzit That...
...when you buy something on eBay, PayPal debits your bank account immediately but when you transfer funds from PayPal to your bank, it takes days??? WTF! JT > ...when you buy something on eBay, PayPal debits your bank account > immediately but when you transfer funds from PayPal to your bank, it takes > days??? > > WTF! I've always wondered the same thing. I would bet that they "use" the $$$ like credit card companies and banks. I have had enough of Paypal; got by without it for YEARS and will do fine without it again. I have always said ithat if a person wants it bad enough, they will take the time to get a money order or if they are SDC members I will take their personal check. I also think that people who will take the time to get a MO are most likely more informed on what they are buying and not so much "impulse buyers". So what if I don't get quite a much "traffic", I never had a problem selling before paypal. Studebaker George (still think the market is ripe for a automobile only alternative to ebay due to it's changes) > I would bet that they "use" the $$$ like credit card companies and > banks. I have had enough of Paypal; got by without it for YEARS and [quoted text clipped - 8 lines] > (still think the market is ripe for a automobile only alternative to > ebay due to it's changes) Paypal has changed some since it's inception, but around 10 years ago, they stole $15.00 from me that was overpaid. They insisted I fork over my bank information to them, so they could send a refund check. I told them they could put a credit back on my Visa, just as quickly as the debited it for the payment. They didn't agree. They take your money and it goes into their account along withthe money from a million of other people like you and they get the interest made on it at the bank.5% of $100.00 for 4 days isnt much but 5% on $250,000 (SWAG) is another story. > ...when you buy something on eBay, PayPal debits your bank account > immediately but when you transfer funds from PayPal to your bank, it takes [quoted text clipped - 3 lines] > > JT They claim it's due to your bank's or credit union's policies. not Paypal. > ...when you buy something on eBay, PayPal debits your bank account > immediately but when you transfer funds from PayPal to your bank, it takes [quoted text clipped - 3 lines] > > JT It's just crazy that they facilitate "instant" payments to sellers via bank transfers but three days (in my case) to transfer $500 to my bank account. It won't kill me but just the same... JT > They claim it's due to your bank's or credit union's policies. not Paypal. > [quoted text clipped - 5 lines] >> >> JT |
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