When making a PayPal payment, it is helpful to know how long the transaction is expected to take. When the money will arrive in your account can vary.
PayPal payment: This is how long you can expect
PayPal payments are uncomplicated and fast, at least that is the company's advertising promise. This is why PayPal has become a popular payment method for many payment app beginners. However, if you want to transfer the money to your bank account, it may take a little longer.
- As soon as a payment is processed within PayPal, the seller immediately receives the money credited to his PayPal account.
- PayPal initially advances the money to the buyer, but at the same time initiates a direct debit.
- The buyer's bank account or credit card will then be charged. The money will be debited from your account as with a normal bank transfer. This usually takes between two and four days. It usually happens after two days, and up to four days on weekends.
PayPal payment takes an unusually long time? This could be the reason
A PayPal payment may occasionally be delayed for a variety of reasons. Often this is related to security checks or certain account restrictions. Although this can be annoying, such checks are important for the security of your PayPal transactions.
- A common cause is a payment verification, which is carried out for security reasons and cannot be expedited. You will often receive a message from PayPal asking you to provide additional data for verification.
- Restrictions on your PayPal account may also be the cause. If your account is restricted, you may not be able to send, receive or withdraw money. This is either for security reasons or due to legal obligations. However, you will be informed in advance of an account restriction.
- Authorizations by merchants can also lead to delays. In such a case, the merchant must complete the payment.
- In many cases, the reason for the delay is quite simple: an unstable internet connection or a typo in the recipient field has caused many a PayPal user to despair. It is therefore definitely worth checking the connection and the recipient.