posted on January 26, 2003 02:11:29 PM new
Can someone tell me why there is an echeck logo on my listing. How does echeck work. Where does the money go, does it go into my paypal account?
posted on January 26, 2003 03:44:48 PM new
if your bidder chooses to pay you from his checking or saving account,he will go to his paypal account and specify the fund will come from his bank account,as versus credit card or paypal fund.this is called e check or electronic check.
you will be notified that your bidder has made payment with e check and it will be deposited in your account in a few days,paypal will send another email to you saying e check has cleared ,money is now in your paypal account and so it is okay to ship,bla bla bla.
posted on January 27, 2003 10:00:43 AM new
you should wait to ship until you get that 2nd email, or the item appears as CLEARED when you log into your account and check out the transaction.
Then the funds will be added to your available balance.