Head-Fi.org › Forums › Misc.-Category Forums › Members' Lounge (General Discussion) › Basic questions about paypal
New Posts  All Forums:Forum Nav:

Basic questions about paypal

post #1 of 6
1/13/10 at 2:03pm
Thread Starter 
Hi,

I've recently sold a pair of headphones and I've got some questions I hope somebody can answer. I haven't received a paypal payment in ages (5+ years!) and it seems stuff has changed from when I last used it.

The person I am selling to has just paid for the headphones. According to Paypal the payment status is completed. I haven't transferred the amount into my bank account just yet.

This may sound like a stupid question, but does this mean I've got the money and it's okay to ship the headphones? The last time I sold something via paypal it typically took a few days before paypal confirmed the payment. Is there something else I should be waiting for or is everything good to go?

Thanks!
Reply
post #2 of 6
1/13/10 at 2:08pm
Quote:
Originally Posted by odigg View Post
Hi,

I've recently sold a pair of headphones and I've got some questions I hope somebody can answer. I haven't received a paypal payment in ages (5+ years!) and it seems stuff has changed from when I last used it.

The person I am selling to has just paid for the headphones. According to Paypal the payment status is completed. I haven't transferred the amount into my bank account just yet.

This may sound like a stupid question, but does this mean I've got the money and it's okay to ship the headphones? The last time I sold something via paypal it typically took a few days before paypal confirmed the payment. Is there something else I should be waiting for or is everything good to go?

Thanks!
Yes, you can ship. If the amount this person sent is in your total Paypal balance, then it is your money. I typically leave the money in my paypal account just long enough to generate a shipping label and pay for it using my paypal balance and then immediately transfer the remaining to my bank account.
Reply
post #3 of 6
1/13/10 at 2:14pm
Thread Starter 
Quote:
Originally Posted by ecclesand View Post
Yes, you can ship. If the amount this person sent is in your total Paypal balance, then it is your money. I typically leave the money in my paypal account just long enough to generate a shipping label and pay for it using my paypal balance and then immediately transfer the remaining to my bank account.
Thanks! I'll get these shipped out then.
Reply
post #4 of 6
1/13/10 at 3:13pm
sounds like they used an instant transfer, as opposed to a longer method such as an e-check.

everything seems to be legit
Reply
post #5 of 6
1/13/10 at 7:02pm
As long as there is a balance shown in your Paypal account, then yes payment has been completed. Otherewise there is a 3 to 5 business day wait for the transfer to be completed unless payment was made with a credit card.
Reply
post #6 of 6
1/14/10 at 11:10am
Thread Starter 
Quote:
Originally Posted by warubozu View Post
As long as there is a balance shown in your Paypal account, then yes payment has been completed. Otherewise there is a 3 to 5 business day wait for the transfer to be completed unless payment was made with a credit card.
A ha! So that was what I was remembering. I think back when paypal started they only did bank transfers, not credit cards. So it used to take a few days for payment to go through.

Thanks everybody, the headphones are going out today.
Reply
New Posts  All Forums:Forum Nav:
  Return Home
Head-Fi.org › Forums › Misc.-Category Forums › Members' Lounge (General Discussion) › Basic questions about paypal