If you're an eBay seller wondering why you're suddenly receiving an increase in the number of e-check funded payments via PayPal, it appears that PayPal is experiencing a glitch that started last month. The eBay boards are full of frustrated buyers and sellers, and it's not just an issue of inconvenience.
Buyers who think they are paying with their credit card on file get several nasty surprises - PayPal withdraws the funds from their bank account instead of pinging their credit card, and paying with eChecks slows down delivery time.
PayPal explains, "an eCheck is a payment that you make directly from your bank account. Just like a ...
wrote one seller, "Some buyers will not realize how they're paying, delivery times will suffer, then...
Cappnonymous reported the problem on April 2nd.
For more: http://www.ecommercebytes.com/C/blog/blog.pl?/pl/2013/4/1365561882.html
I came onto the boards looking for echeck issues...thanks Pierre.
We've been getting hit big time on our shipping stars which took us out of the top rated status. After talking with a few buyers it turns out that they were under the impression that they had made an instant payment with their cc when in actuality they had paid with echeck. As far as they were concerned we shipped 4 or 5 days after they paid. It's costing us 20% more in fees and a drop in search. When paypal messes like this it makes me distrust them for my own purchases....plus the fact that I'm not too interested in supporting them when they are affecting my sales. I'll be cutting back on paypal for a while.
