1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

ebay/paypal question?

Discussion in 'BlackHat Lounge' started by 2011nfl, Nov 13, 2010.

  1. 2011nfl

    2011nfl Supreme Member

    Joined:
    Aug 9, 2010
    Messages:
    1,223
    Likes Received:
    5,956
    Location:
    Dallas, Texas
    Home Page:
    Ok, I sold a laptop on ebay, and my customer paid with paypal. I requested to have the money put in my bank account, but do i have to mark the item as shipped before they will put the money in my account?
     
  2. romeo216

    romeo216 BANNED BANNED

    Joined:
    Jan 10, 2008
    Messages:
    302
    Likes Received:
    90
    No you don't. However, you should update paypal with the tracking number so that they'll release your funds.
     
    • Thanks Thanks x 1
  3. 2011nfl

    2011nfl Supreme Member

    Joined:
    Aug 9, 2010
    Messages:
    1,223
    Likes Received:
    5,956
    Location:
    Dallas, Texas
    Home Page:
    the thing is, i cant ship it until i recieve the money, I did get an email from paypal saying that they have processed the withdrawl and i will have it by the 18th tho, does that mean that they will actually send it without tracking number?
     
  4. GreyWolf

    GreyWolf Executive VIP Jr. VIP

    Joined:
    Aug 17, 2009
    Messages:
    1,930
    Likes Received:
    5,402
    Gender:
    Male
    Occupation:
    Artist / Craftsman
    Location:
    sitting at my PC
    I'm not sure I understand what you mean.

    It sounds like your telling us:
    1. you sold an item on ebay.
    2. the buyer paid with paypal.
    3. the fund were transfered from the buyer into your paypal account.
    4. you requested the funds in paypal to be transfered into your bank account.

    If thats the case then you actually recieved the funds when step 3 was complete.

    Once the money is in your paypal account it is considered yours. The payment is completed and you have recieved your funds.

    If you want to transfer the money from your paypal account into your bank account doesn't matter for the ebay transaction. If the buyer completed the payment then your expected to ship the item.

    The transfer from paypal to your bank account is just that, a transfer of funds between your own accounts.

    ----------------

    If somehow you don't have a paypal account, and the buyer paid with paypal to have the funds sent to one of your bank accounts, then that's a different thing. I've never had to deal with something like that because I have a paypal account.
     
    • Thanks Thanks x 1
  5. yesman906

    yesman906 Newbie

    Joined:
    Sep 22, 2010
    Messages:
    47
    Likes Received:
    3
    If you have a new paypal account, couple of weeks old, then you might have to wait 30 days for paypal to release the money to your paypal account. All new paypal accounts when selling on ebay go through this initial hold period.

    However, if you paypal account has passed this initial stage then the money is in your paypal account and you can transfer it to your bank which will take 3-5 business days usually.

    You should not be using paypal for ebay regardless. Sooner or later they will freeze your funds in your paypal account and you might have to wait 180 days till you get that money. It is possible to get your money back when paypal puts a limitation on your account but it is not fun.
     
    • Thanks Thanks x 1
  6. 2011nfl

    2011nfl Supreme Member

    Joined:
    Aug 9, 2010
    Messages:
    1,223
    Likes Received:
    5,956
    Location:
    Dallas, Texas
    Home Page:
    Thanks for the responses, i did recieve the money the next day so everything is cool, but thanks:D