I am not sure I understand the term "rolling period". Can you define it?
Or, take this example. I reach my $500 limit by Dec 31st and stop using my PP account. Can I start again at 0 on April 15th when the 6 month period is over? Or does my not using my account for 4 1/2 months affect the "period" somehow?
posted on October 5, 2000 10:32:23 AM new
From my understanding of it...every credit card payment made to you will count for a full 6 months from the date it was paid to you.
For example, if you receive a $100 CC payment on October 16 and a $400 payment on December 16...then the $100 would be available to you on April 15...the $400 would not be available to you again until June 15.
Please remember, this is only my understanding and I do not work for PayPal. PayPal (obviously) reserves the right to change their mind and there definitions at any time, without notice.
posted on October 6, 2000 04:34:24 AM new
Damon - I'm sorry, guess I'm dense. By your comment did you mean my scenario was right, or "auctionee's"? There's a big difference. I am assuming that I'll "get" a $500 limit on Oct 16th, and again in April, and it doesn't matter when in that period I take credit card payments.
In auctionee's example, it would all depend on when I took in credit card payments. His example, if accurate, sounds way too complicated, unless your PP counter somehow keeps track of all this...
