So....when I used paypal in the past it would deduct the amount from my bank account that day.

Now when I do it...it says it's an "e-check" and waits 5 days to clear (which means it doesnt get debited until 5 days after).
i do not like this at all.

I think my bank account used to say "verified", now it says "confirmed"...
Is this relevant?

Does anyone know how I can change it back?

I've googled it and all it says to get "verified" is to confirm my bank account.

I'm just generally confused

1/16/2010 12:30:27 PM

i just link/use a debit card and it does it all instantly..

paypal sucks. but it's a necessary evil unfortunately if dealing on ebay

1/16/2010 12:34:58 PM

yeah, im using ebay

ive never had a problem until a few weeks ago

1/16/2010 12:36:05 PM

I had this happen last year.

I hadnt used PayPal in awhile, gut after sending a few payments it went back to normal.

I think if you don't use it for awhile it puts a delay on the payment to make sure the bank account is still legit.

1/16/2010 12:37:22 PM

thats what cody said it may be

i havent used it in a while

1/16/2010 12:38:25 PM

yeah i actually sent a payment once before the money i had deposited had cleared in my bank account..and it was a lot of $$.. like $5K. the receiver received the money just fine though instantly and my bank just gave a big "no" to paypal and i never got hit with any fees or anything

so.. it doesn't take a lot of thinking to figure out how the right people could exploit that.



[Edited on January 16, 2010 at 12:42 PM. Reason : and paypal just kept trying to take the money out once a day until it worked..]

1/16/2010 12:41:03 PM

joie, send me $100 thru paypal and we can see why you are getting confused!

1/16/2010 12:44:57 PM

you send me $100 first.
if the transaction happens immediately, then ill send it to you back.
and you can help me.

[Edited on January 16, 2010 at 12:47 PM. Reason : ]

1/16/2010 12:46:34 PM

^^Stop trolling alias.

1/16/2010 12:47:55 PM

but then you wont know if it was verified or confirmed.

so send me $$$ and we will make sure when you get verified thingie, i will see if i got it and confirmed thingie with the bank

1/16/2010 12:49:25 PM

if i get your monies immediately then i know you can help me so that i can send monies immediately.

1/16/2010 12:50:38 PM

Seriously, stop trolling, its annoying.

1/16/2010 12:50:53 PM