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<p>[QUOTE="-jeffB, post: 2381151, member: 27832"]I believe there's a difference between <b>pending</b> and <b>on hold</b>.</p><p><br /></p><p>If the payment is <b>pending</b>, it has not yet shown up in your PayPal balance. PayPal hasn't yet confirmed that they've received the money from the buyer. You should not ship while the payment is pending. This helps keep people from paying with a bad e-check, getting their merchandise, and then disappearing. </p><p><br /></p><p>If you're a new seller, as [USER=73266]@Hommer[/USER] and [USER=77814]@Clawcoins[/USER] are saying, PayPal may make you wait to <i>transfer money out of your PayPal balance to your bank account</i>. This is what they mean by <b>on hold</b>. The money is in your PayPal balance, and I'm pretty sure you can use it for PayPal purchases, but you can't transfer it out until the hold period ends. As I understand it, you <i>must</i> ship the item, and delivery must be confirmed, before they'll release the hold. This helps keep people from signing up for new PayPal accounts, accepting payment for an expensive item, withdrawing the payment, and disappearing.</p><p><br /></p><p>It's been a while since I've studied these policies, but that's what I remember. If I've got it wrong, someone please correct me.[/QUOTE]</p><p><br /></p>
[QUOTE="-jeffB, post: 2381151, member: 27832"]I believe there's a difference between [B]pending[/B] and [B]on hold[/B]. If the payment is [B]pending[/B], it has not yet shown up in your PayPal balance. PayPal hasn't yet confirmed that they've received the money from the buyer. You should not ship while the payment is pending. This helps keep people from paying with a bad e-check, getting their merchandise, and then disappearing. If you're a new seller, as [USER=73266]@Hommer[/USER] and [USER=77814]@Clawcoins[/USER] are saying, PayPal may make you wait to [I]transfer money out of your PayPal balance to your bank account[/I]. This is what they mean by [B]on hold[/B]. The money is in your PayPal balance, and I'm pretty sure you can use it for PayPal purchases, but you can't transfer it out until the hold period ends. As I understand it, you [I]must[/I] ship the item, and delivery must be confirmed, before they'll release the hold. This helps keep people from signing up for new PayPal accounts, accepting payment for an expensive item, withdrawing the payment, and disappearing. It's been a while since I've studied these policies, but that's what I remember. If I've got it wrong, someone please correct me.[/QUOTE]
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