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Pay Pal returns July 1st...sort of...

Beginning July 1st....those in "Express payouts" can get their money in 30 minutes or less(for me right now I get payouts in like 30 seconds for a tiny fee the next day)...but this new feature seems to be like Pay Pal...flat fee of 2 bucks for payments from buyers to get your money. This is great for those who have big payments from buyers. It's a great feature if you need your money right away.

And this is for 365 days a year including holidays....those weekends with a Monday holiday can be a killer waiting for your money.

I am new sellers will probably have to become established first....but for us selling for a while it is a cool feature.

Understandable, not every one needs their money right away....and some here don't sell anymore.

But as close as to the old Pay Pal system as it will get.

 

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Pay Pal returns July 1st...sort of...

What about the banks that don't credit deposits on weekends or holidays?

I'd save the $2 and change to daily deposits.

Have a great day.
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Pay Pal returns July 1st...sort of...

Which banks?...I have two different banks with two different debit cards...One is Wells Fargo.

At midnight on a Saturday I can get my "available funds" in 30 seconds.

If you made a $1000. sale would you want that in 30 seconds in your bank?...and the cost is 2 bucks...to pay for a bill if needed?

I assume you don't have "express payouts".

I have Tuesday payouts...once a week. LOL. Not "daily deposits".

Some sellers need the money ASAP.

 

 

 

 

Message 3 of 4
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Pay Pal returns July 1st...sort of...

Some of your smaller banks don't credit deposits on weekend or holidays.

I wouldn't list anything for $1000 so wouldn't have to worry about that.

If I did have $1000 sale, I sure wouldn't spend the money until all chances of a refund were over.

I'm set for weekly payouts, if I needed the money sooner, I'd just switch to daily.

Have a great day.
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