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Anyone know how this works? Say your paypal account gets low and you buy something off ebay that is more than you have in the paypal account. You paypal the Seller within hours for the item and immediately transfer the money from your bank account into your paypal account, but it takes "3 to 5 days" for the transfer transaction to complete according to paypal. My question is: Does the Seller receive his money as soon as you paypal him (with insufficient funds) or does he also have to wait until the money is actually in your account? Thanks.

It would probably show up as transaction pending. The way mine is set up is: if my Paypal account is empty then the money comes out of my checking account automatically and if that is empty (hasn't happened yet, Praise the Lord) then it goes on my credit card. Paypal never uses "their" money ! It's a good deal, for them !

He gets the money when it is there to send, On his end it is shown as "Pending"

Gary,

I believe when it comes out of a checking account the transaction is pending until paypal confirms the funds are there. I have received several payments of this type and it seems to take about a week for them to clear. If you pay by paypal account balance or by credit card the transaction is immediate.

Keith

Gary, the way I understand it is. If the buyer pays using a banking account (savings/checking) the seller is immediately "fronted"(credited) the dollar amount of the sale by Paypal. The actual transfer of monies, does take a day or so. That is why the buyer is told if there isn't enough money in their bank account to cover the purchase price of the item(s), then the total is charged to their credit card. Above is based on my own experience with ebay/paypal. My accounts are verified with paypal, so I'm not sure what the procedure is for those whose accounts aren't verified.

Thanks to all that replied. Even though I'm not in that situation (yet), I always wondered about it. Thank you all again.

Register a good Credit Card with Paypal as a backup for funds and you never have to worry...
Also you keep your credit rating ( A+) which is most important in todays market..whether your a buyer or a seller.
Wes,

If I list something for sale on eBay,and I play by eBay's rules now and state as one of my options,I take paypal,as well as check or money order for final payment.
Can I state ALSO in my description that IF you choose to pay me with paypal,YOU are responsible to pay me the extra 2.9% paypal fee they will charge me?
Is that allowed by eBay?..or even considered ethical?
And IF it is not allowed by eBay,what's to stop me from adding that 2.9% fee onto the buyers shipping charge?

[This message has been edited by coldpizza (edited 12-02-2008).]

Coldpizza, I don't see a Problem with that. It is your Auction and you want the Buyer to Pay it that is your choice and if they want the Item Bad enough they will pay it without Complaining. It is no different than Buying something at a Auction House where they Charge a Buyers Premium. I have noticed alot of sellars that I have dealt with Charge a little more on the shipping Charge and this is Probably to help them Recoop some of the Fee's I don't have a Problem with this if it is in Reason. Now as a Ebay seller if I know something costs $4.80 to ship USPS I state in My auction a Flat Rate Shipping cost and ad about $1.20 to that for a Total of $6.00 to help Recoop some of the Fee's. I have not had any complaints about over charging for shipping. Ebay's Fee's Have gotten down right Rediculous!!!!!

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Jason @ Esse's Garage.

$5.00 says ebay will pull your auction putting the 2.9% in there. Another $5.00 says your going to end up with negatives jacking up your shipping fees after the auction ends. Those fees are stated in the auction now. Give it a try and let us know how well it works out ?

When did ebay start allowing NEGITIVE FEED BACK...... AGAIN ?

That is Why you add it to the shipping Charges that it states in your description and call it Flat Rate Shipping. Never Had a Problem or a Complaint this way. And there are alot of people that charge Handling Fee's which is just a Nice way of saying "Thanks for Helping Pay My Fee's!!"

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Jason @ Esse's Garage.

Dick, I don't have a clue has to what your talking about ???

Esse's Garage

So you list a pump plate for $9.99 and you state in your auction $15.00 flat rate shipping and $5.00 handling fees. The plate sells for $1000.00 and you charge me $45.00 to ship or $35.00 to handle it ??? You can bet I'll leave you a negative and there ain't nothing you can do.

We're going to upset Bob Richards if we don't stop.

No, I am saying figure out what it will cost to ship then just Figure in a little extra to help cover Fee's. If you jack the Shipping up after the Fact you will have a made winner. But if your Inflated shipping rate is part of the Description then they know before hand what they are going to pay for shipping. And some People just Charge a Flat Handeling Rate Plus their Flat shipping Rate.....

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Jason @ Esse's Garage.

Doug,
Ebay Deletes all Negative feed back within 24 hrs.