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View Full Version : Strange paypal payment


N_F_S
06-23-2006, 05:39 AM
Hello,

I received this payment today, it looks like:

Notification of Pending PayPal Payment

Dear -------------,


email_goes_here has initiated a PayPal payment to you - funded from the sender's bank account - on 23 Jun. 2006.

Payment Details

Sender: email_goes_here

Payment Initiated: 23 Jun. 2006

Amount: $**.00 USD

Transaction ID: ***************


If the payment is still pending or the funds are not collected after 30 days, the transaction will be automatically cancelled. The sender can cancel this transaction anytime before you collect the funds.


What does this mean, I've never had such a payment, it's not instant and it's not an echeck, which clears in 4-5 days. The status of this payment still stays pending.

Any ideas??

AlexBlom
06-23-2006, 06:06 AM
Have you been accepting payment from this person?

It simply means they are sending the funds directly from their bank account due to paypal. Think of it as a direct deposit into paypal.

N_F_S
06-23-2006, 06:13 AM
No, this is the first payment from this person.

Okay, but when is it going to be cleared then? I couldn't find any info on paypal website, is it 4-5 days as well ?

thanks for your reply

CybexHost
06-23-2006, 09:13 AM
Think of it as an eCheck. Usually 4-5 days depending on senders bank.

N_F_S
06-23-2006, 09:28 AM
CybexHost, thanks for clarification, I just never seen something like this before , hopefully the person won't cancel it.

CybexHost
06-23-2006, 09:29 AM
If they're going to the trouble to send it, they probably won't cancel it. You should just wait to provide the services until the eCheck clears.

Ariel74
06-23-2006, 09:42 AM
Did the email have a link in it? Are you sure its a legit Paypal email and not a phisher?

Dan Grossman
06-23-2006, 11:14 AM
I've gotten payments like this before.. always international. Sometimes they come through, sometimes they expire without funds ever showing up, either way I don't deliver services until the payment clears.

The first time I saw one of these mails I wrote customer service to ask what it was (also not finding explanation of this type of payment anywhere), and never got a response.

paypalrb
06-23-2006, 03:46 PM
If you received the payment from an international buyer, they may be using a method that requires them to "push" the funds from their bank account (as opposed to PayPal's eChecks, which are "pulled" from a bank account). Because the buyer must go to the bank (or the bank's website) to initiate the funds transfer, PayPal cannot give an accurate estimate of the delay in receiving the funds.

Similar to eChecks, the funds for the Pending payment are not guaranteed, and you should not ship any goods until the funds have cleared.