Re: [MOPO] papal ---------payment pending!!!

[Walton, Jeffrey]

this happens when a buyer chooses "eCheck" as the payment option...and just like a check it has to go through the clearing center (in the US its called ACH) which can take a couple of days.  I noticed this when I thought I sent a payment through immediate transfer (i.e. withdraw through my bank accunt) and also noticed that it was in a pending status - this was b/c the radio button eCheck was turned on and I never noticed it.   And since I have noticed this option, I have also noticed that this option is the only valid option on certain sellers - don't know if this has to do with certification or not.   -----Original Message----- From: MoPo List on behalf of Michael B Sent: Mon 8/1/2005 4:13 PM To: MoPo-L@LISTSERV.AMERICAN.EDU Cc: Subject: [MOPO] papal ---------payment pending!!! paypal always seems to advertise that you should become verified..........and states advantages.    really?   i sold a few lots on ebay last week.  3 buyers sent immediate paypal payment to me (Wednesday night/Thursday morning).  but my account still shows as of now 4pm, Monday EST that these funds are still pending.  specifically, these appear to be buyers who are linked to a bank account.   i am not talking big dollar amounts, so i shipped immediately.  but, i thought that when you are linked, you get immediate transfers.   bottom line is that many buyers think funds clear immediately!!!   ONLY WITH CREDIT CARD OR CASE IN ACCOUNT?????? !!!!!!!   (other using paypal, fund transferred immed)   arguably, if i had a 5,000 poster, it would be prudent to wait for paypal to clear, just like a personal check!!!   another reason why i have never become verified!!!   !  Visit the MoPo Mailing List Web Site at www.filmfan.com ___________________________________________________________________ How to UNSUBSCRIBE from the MoPo Mailing List Send a message addressed to: [EMAIL PROTECTED] In the BODY of your message type: SIGNOFF MOPO-L The author of this message is solely responsible for its content.