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Paypal Question

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MissingLI
Such a Big Boy!

Member since 1/06

1602 total posts

Name:
C

Paypal Question

For anyone who has sold things using paypal for a credit card transaction, how long did it take for your account to be credited with the funds from the sale? I have a friend that is selling something, and the buyer only has a credit card, not cash. Not sure how this all works.
Thanks!

Posted 5/19/08 1:56 PM
 
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stayandjohn
Our life is complete

Member since 5/05

5909 total posts

Name:
Stacey

Re: Paypal Question

Instantly

Posted 5/19/08 1:59 PM
 

bicosi
life is a carousel

Member since 7/07

14956 total posts

Name:
M

Re: Paypal Question

Posted by stayandjohn

Instantly



ditto.

Posted 5/19/08 2:00 PM
 

MrsMerlot
Unconditional Love

Member since 4/06

6005 total posts

Name:
Chrissy

Re: Paypal Question

As a seller - any funds sent are available immediately - doesn't matter if the buyer pays via CC or through bank account (instant transfer.)

However, if someone does pay via bank account as an e-check, it takes three - five days for the check to clear and post to the seller's account.

Posted 5/19/08 2:00 PM
 

MissingLI
Such a Big Boy!

Member since 1/06

1602 total posts

Name:
C

Re: Paypal Question

Does it cost anything for the paypal account to be set up by him? I'm trying to do the research on Paypal now, and I'm a little confused. Thank you for your help with this!!

Posted 5/19/08 2:02 PM
 

MrsMerlot
Unconditional Love

Member since 4/06

6005 total posts

Name:
Chrissy

Re: Paypal Question

Posted by MissingLI

Does it cost anything for the paypal account to be set up by him? I'm trying to do the research on Paypal now, and I'm a little confused. Thank you for your help with this!!



him meaning the buyer or seller?

It is free for those buying and using paypal.

For sellers to accept payments - there's a fee for every transaction:

ie: Sell an item for $100, buyer sends $100 via paypal, and seller will receive approx $98.

Posted 5/19/08 3:36 PM
 

kerrycec03
Mom of 2 beautiful boys!!

Member since 6/06

13519 total posts

Name:
Kerry

Re: Paypal Question

its fast

Posted 5/19/08 3:39 PM
 
 

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