Pay Pal nightmare

[mr.haney]

Here is the deal.Made deposit into bank account.Went home and transferred the money into pay pal account.Made the payment for my purchase.The funds I transferred from my bank account were still being processed when I paid for my item and so pay pal withdrew another 525.00 from my checking to cover my purchase.

 

[icedakotart2000]

I personally hate pay pal, bad experience too.

 

[Buddhaman]

Here is the deal.Made deposit into bank account.Went home and transferred the money into pay pal account.Made the payment for my purchase.The funds I transferred from my bank account were still being processed when I paid for my item and so pay pal withdrew another 525.00 from my checking to cover my purchase.

What could have happened as well is the seller only takes paypal e-checks. Happened to me a couple weeks ago, thought I'd use the extra I had laying around to buy something but instead it was pulled out of my bank account by e-check.

 

[BReeves]

Here is the deal.Made deposit into bank account.Went home and transferred the money into pay pal account.Made the payment for my purchase.The funds I transferred from my bank account were still being processed when I paid for my item and so pay pal withdrew another 525.00 from my checking to cover my purchase.

Sorry, your fault for not understanding how PayPal works. A bank transfer to or from PayPal takes several days, they tell you that everytime you transfer from your PayPal account to your checking account.

PayPal had no way of knowing your transfer was in process and wouldn't have waited for the money anyway. When you made the purchase your PayPal account had a 0 balance so they went to your bank account for the money. If you hadn't made the transfer in the first place everything would have been fine.

 

[RaysZ71]

Here is the deal.Made deposit into bank account.Went home and transferred the money into pay pal account.Made the payment for my purchase.The funds I transferred from my bank account were still being processed when I paid for my item and so pay pal withdrew another 525.00 from my checking to cover my purchase.

That's why bud. It takes between 3 to 5 days for the payment to clear. Just because you know it's going to be there, doesn't mean it is. If you didn't wait for that transfer to clear, that's what happened. You paid and since you didn't have enough to cover, they pulled it from your back up source, your bank. Next time, wait for that transaction to clear before you make another transaction requiring that money. Until that transaction clears and it shows it in you account that you have that money to spend, it's not there and they will use the back up funds.