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Why is my money still pending on PayPal?

Posted on December 11, 2022 by Author

Why is my money still pending on PayPal?

Re: Money is STILL pending! The paypal hold is part of buyer protection…if a buyer does not receive goods and a seller refuses to refund then paypal have to refund the buyer. So to reduce the risk of them continually having to pay out they hold payments of new sellers until they have a proven track record for selling.

Can PayPal legally hold my money?

Can PayPal legally hold money my money for 180 days. Based on my experience with PayPal, the answer is generally yes; they can hold your funds. PayPal is subject to US anti-money laundering rules and, as such, is obligated to ensure that it screens payments for suspicious activity and can hold your money in order to properly assess the source…

Why does PayPal hold money for 180 days?

PayPal hold money for 180 days when they have decided to terminate their relationship with the customer in question. They lock the money down to try and protect themselves from chargebacks, unauthorised use disputes or any criminality they may suspect. There is no getting PayPal to change their mind once things get to this stage.

READ:   Who explored before the Europeans?

Why is PayPal holding my funds?

When a hold is placed, eBay and PayPal are basically engaging in a kind of risk management on their end; they want to make sure that funds are readily available in case a refund has to be issued, and want to give the transaction time to play out before the funds are released to you.

Why does the money I received on PayPal say pending?

If your PayPal money is pending,it is because the online payment service holds funds in certain cases.

  • PayPal may place your funds on hold for up to 21 days until the buyer confirms receipt.
  • Here are five reasons why your PayPal money might be pending,and three ways to expedite the release of funds.
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