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Paypal Question

Old 12-26-2008, 06:27 AM
  #1  
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Default Paypal Question

Yes I'm a rookie and first timer using Paypal. Once I have sold something and they have transferred the funds to my account how do I get my money from Paypal. At this time my account balance shows zero even though its showing two transactions and the dollars but nothing in the account balance. Any assistance is appreciated. Thanks
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Old 12-26-2008, 06:32 AM
  #2  
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Default Re: Paypal Question

1. You have to be verified - that is, PAYPAL makes 2 small deposits in your checking account/credit card account - they are both less than $1.00. Check your account to obtain these amounts.

2. Then go to the paypal website and follow the intstructions on how to become verified. Once the verification is complete you can "withdraw" the funds to your account.

That should be it...any problems, pm me and I'll help ya out.

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Old 12-26-2008, 07:27 AM
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Default RE: Paypal Question

if your going to use Pay Pal alot get a debit card and use it.then when you need your money any ATM can help you out.
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Old 12-26-2008, 07:56 AM
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Default Re: Paypal Question

The transactions that you're expecting money from might not have cleared. IOW, if the buyers don't have the funds in their PP account to settle the debt...or, if their preference is to have the $$ e-transferred from their bank accounts, then PP takes about 5 days for the transfer to clear, after which the money is deposited into your account.
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Old 12-26-2008, 08:36 AM
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Default Re: Paypal Question

bamaboy473 - 12/26/2008 7:56 AM

The transactions that you're expecting money from might not have cleared. IOW, if the buyers don't have the funds in their PP account to settle the debt...or, if their preference is to have the $$ e-transferred from their bank accounts, then PP takes about 5 days for the transfer to clear, after which the money is deposited into your account.
What Bamaboy said is likely the case. The funds are not available in your account as the seller did not have the funds immediately available in his account and paypal is awaiting the funds to clear from an outside source such as a bank transfer. This can take up to 5 days. I normally will wait for the funds to become available in my account prior to sending a purchased item out.

You can also call Paypal to verify the status of pending money.

Once the funds are available in your account, you can transfer them to your bank account, but they must be cleared first.
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Old 12-26-2008, 11:37 AM
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Default Re: Paypal Question

I think that the only fund transfers that are free to you are to and from your bank account; all other forms cost you.
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