Paypal question..

scheming_gypsy

Somebody has made a payment through Paypal and it's showing as uncleared with a clearance date of 1st September.
If Paypal debits their card straight away what's this uncleared lark all about?

Sugar_Coated_Owl

The sender has sent you an e-cheque. The payment status will remain uncleared until the e-cheque clears.

scheming_gypsy

ah righty.. nice one.. never heard of those little jobbies before,

CarolnMalky

I got an echeque for the first time last month...cant believe how long they take to clear!

Contains_Mild_Peril

It's probably not the payer's fault. I once paid through Paypal as usual, or so I thought, but it went through as an "e-cheque" for some unknown reason, and took 10 days to clear. No-one seems to know the purpose of Paypal e-cheques.

frivolous_fay

Sometimes it's a hint of trouble with your credit card.

culpepper

I just paid like this a few weeks ago.My card runs out at the end of the month so it could have been that. Mine took 9 days to clear.

doingwhatican

It's nothing to do with your credit card. an e-cheque is where they take the money from your bank via a direct debit. It's the same as loading your paypal account with money. They take the money from your bank via direct debit and then they eventually credit it to your paypal account. They hold the money for 5 days after it comes out of your bank before sending it on or putting it in your paypal account.

frivolous_fay

doingwhatican wrote:

It's nothing to do with your credit card.

Well, yes, it can be. If there's a problem with your credit card, it will default to the next possible option, which can be an echeque. So yes, if I was suddenly finding I was paying with echeques, I'd be checking the activity and expiry date on my credit card.

scheming_gypsy

doingwhatican wrote:

It's nothing to do with your credit card. an e-cheque is where they take the money from your bank via a direct debit. It's the same as loading your paypal account with money. They take the money from your bank via direct debit and then they eventually credit it to your paypal account. They hold the money for 5 days after it comes out of your bank before sending it on or putting it in your paypal account.

definately not 5 days. This one i'm asking about is due to clear on the 1st Sept and i've had the payment for at least 3 days.

frivolous_fay

Yeah, they've been known to take 14 days or longer.