PayPal Misery Rant
Moderator: RichardW
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- Forum Admin Team
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Re: PayPal Misery Rant
Exactly - no need for them to delay the processing like this.
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- NOT Alistair or Simon
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Re: PayPal Misery Rant
Except that it helps to increase their finances. If a financial house can hold onto money in an account for a few days it will earn them a tiny amount of interest. The interest on £100 for a week might only be a couple of pennies, but do that with a few thousand accounts every week over the course of a year and it is a significant amount.
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- Posts: 1402
- Joined: 30 Oct 2012, 23:37
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Re: PayPal Misery Rant
It's exactly that they benefit (interest) from holding onto the transactions.
Bank have all sped up their processing to be (largely) instant for domestic customers. Meanwhile paypal have slowed theirs down.
Bank have all sped up their processing to be (largely) instant for domestic customers. Meanwhile paypal have slowed theirs down.