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Sharon H.

Contributor Level

Total Points
86

1 Review by Sharon

  • PayPal

4/5/17

Paypal first ties your money up for 21 days, you can get around this 3 week hold if you confirm you have shipped or provided the service, in that case your money is held up for 7 to 14 days. The funds are not released at the start of that day but rather at the hour you initially noted you shipped or provided the service! In my case, it was 11:32 pm EST when I confirmed completion of the service so my funds were not available on 4/5/17 at the start of the day it was not available until 11; 32 pm EST on 4/5/17! Nearly another day later! Then when I FINALLY was able to transfer the money at nearly midnight, I then find out that it will take another 3-5 business days before the money is actually in my bank account! REALLY?! I have to waith anywhere from 10 to 28 days to be paid by my customers! Heck I can collect my money faster if my customers simply mailed a check to me! I DO NOT RECOMMEND PAYPAL TO SMALL BUSINESS OWNERS WHO NEED THERE CUSTOMER PAYMENTS ASAP. I AM CLOSING MY PAYPAL ACCOUNT, I RATHER ACCEPT A CHECK FIRST! THAT'S QUICKER!

Sharon Has Earned 6 Votes

Sharon H.'s review of PayPal earned 6 Very Helpful votes

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