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PayPal

Posted: Mon Jan 27, 2014 8:13 pm
by sillybigfella
Since when did PayPal introduce the 14-day payment rule? Is this recent thing?

Seems shame for small businesses having to wait 14 days before they get paid. Is this to protect the consumer if the item doesn't turn up?.

Re: PayPal

Posted: Mon Jan 27, 2014 8:22 pm
by Bearbonesnorm
No idea Paul ... but the payment for the pole's just come through as normal?

Re: PayPal

Posted: Mon Jan 27, 2014 8:53 pm
by Nick
"PayPal will pay the seller immediately, but will not deduct the money from your bank account until 14 days later."

https://www.paypal.com/uk/cgi-bin/websc ... ch-outside

Re: PayPal

Posted: Mon Jan 27, 2014 9:21 pm
by sillybigfella
Fair enough...

Re: PayPal

Posted: Mon Jan 27, 2014 9:29 pm
by johnnystorm
It's a complete PITA. Found it more difficult to switch to my credit card and keeping track of your spending is a faff with all the outgoings delayed. :roll:

Re: PayPal

Posted: Mon Jan 27, 2014 10:30 pm
by composite
It should be opt in/out at checkout IMO. If you are buying from someone you aren't sure of then take the delay otherwise pay it straight away.