I’ve been purchasing a lot on eBay recently, and I have no more funds on PayPal. Fund transfers from bank accounts take 3-5 business days, but I want to pay for the items now so they can be shipped sooner. What is the fastest payment option that takes less than 3-5 days? Also, if I withdraw from my PayPal account money that I don’t have, will I be charged a fee, or will I just owe PayPal?
Hi,
Credit card is an option & so is instant transfer from a bank account (backed up by the credit card if the ach transaction fails).
Withdrawing to a bank account doesn’t have a charge from PayPal…but you should check with your bank to see if they charge for incoming ACH transfers (most do not).
If there is a credit card on the account, just use it.
Paypal isn’t going to let you go negative–that can only happen if you have a chargeback situation.
References :
What I have done is use my debit card from my bank to add money into my paypal account. It goes directly into it.
References :
Hi,
Credit card is an option & so is instant transfer from a bank account (backed up by the credit card if the ach transaction fails).
Withdrawing to a bank account doesn’t have a charge from PayPal…but you should check with your bank to see if they charge for incoming ACH transfers (most do not).
References :
The fastest option is for you to pay by Paypal funded by a credit card (or a debit/checking card with a V/MC logo). You can’t withdraw "money [you] don’t have" from Paypal – their computers are very good at doing math!
You can only wind up with a negative balance in some very odd circumstances (and you do owe the money). When Paypal recovers that money from your funding source, _that_ may cost you or overdraft you with your personal credit card or bank account.
References :
I teach this stuff. Weird, huh?