At 8:18 AM -0800 1/12/2010, Dan Knight, LowEndMac.com wrote:
Paypal, btw, did not remove the funds from your account. That
first transaction, that expired, was simply a "hold". That's how
credit transactions work.
I don't leave a lot of money in my PayPal account. Whatever they
call it, they made it impossible for me to access over 90% of the
funds in my account when they did this. You'd think someone as big
as eBay/PayPal would have a system in place to automatically search
for duplicates.
The Hold / Confirmation system is ruled by the Visa/MC/Discover
networks and contracts, not by the individual processors (eg Paypal).
How does the processor tell the difference between an erroneous hold,
and a hold for purchase 1 and a hold for purchase 2, that just happen
to be the same amount? :\ It is up to the vendor to release the
erroneous hold. To protect against vendors that can't be bothered to
do so, holds expire after a few days.
heh. I've had some big frustrations over this recently. A gas
station I frequent takes out a $20 hold then hits your account with a
new hold and confirms for the actual gas you get, without releasing
the original hold. It then takes three to four days for the first
hold to expire. Of course, my account didn't have a lot of $ in it,
so I ended up looking like an idiot at a restaurant a few hours later.
Each time I've called Paypal about this, they immediately manually
released the hold.
- Dan.
--
- Psychoceramic Emeritus; South Jersey, USA, Earth.
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