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PAYPAL E CHEQUES - WHAT ARE THEY & HOW TO AVOID THEM

by: sexxxystockings( 10348Feedback score is 10,000 to 24,999) Top 1000 Reviewer
9 out of 11 people found this guide helpful.


Firstly, what is a Paypal E-Cheque.

It is basically the same principle as having paid by cheque so instead of being an instant payment it will take several days to clear before the funds are confirmed as paid & your item can be sent out to you by the seller.

Unfortunately Paypal provides very little information about E Cheques on their website & what information that is available is somewhat misleading & unhelpful.

Paypal state an E Cheque normally takes aprox 4 - 5 days to clear but it has been my regular experience that the normal timespan is 10 days & sometimes more for a buyers E Cheque to clear & for Paypal to confirm it is ok to send the buyers item. 

Paypal normally sends an E-Cheque when the buyers bank details are unconfirmed or the Bank Card details are out of date, plus it is also well worth taking the time to fully register & confirm all details on Paypal such as confirmed address, bank account etc.
 
Should the buyer not want to wait 2 weeks to get their item & thus want to change the payment style from an E Cheque, then they should firstly check their card details held by Paypal are up to date or add another Credit Card to their account, then email the seller to cancel the E-Cheque and request to be reinvoiced for payment via eBay which should then go through as an Instant Payment.
 
I hope the brief info above helps and please let me know if you want any further advice re Paypal E Cheques & if you found the guide helpful please take a moment to vote Yes as helpfull at the bottom of the page.

Many Thanks

Guide ID: 10000000007745940Guide created: 30/06/08 (updated 17/08/09)

 
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sexxxystockings
sexxxystockings( 10348Feedback score is 10,000 to 24,999) Get fast dispatch and excellent service from Top-rated sellers.About Me
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