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Subject: 
Re: Another paypal horror story
Newsgroups: 
lugnet.market.shopping
Date: 
Fri, 6 Apr 2001 15:49:10 GMT
Viewed: 
227 times
  
My old credit union would double hold for large purchases.  After each great
LEGO sale we would have to live off of cash for a few days until the hold
was cleared.  (Ah the joys of college life.)

'Tis not as bad as our new credit union.  Anytime their authorization system
is busy they just decline the transaction - no matter how large or small -
which happens once or twice a week and is obviously embarrasing.  They also
say this is how it is "supposed" to work.

Needless to say once we get our house closed we'll be shuffling accounts
around again.

Naji

In lugnet.market.shopping, Amy Hughes writes:
Seems if you use a debit card, paypal will tie up twice your purchase amount in
your checking account for several days, causing bounced checks. And it's not a
glitch - it's how it's "supposed" to work, according to paypal.

Here's the cnet story...

http://news.cnet.com/news/0-1278-210-5509285-1.html?tag=bt_pr

Amy



Message is in Reply To:
  Another paypal horror story
 
Seems if you use a debit card, paypal will tie up twice your purchase amount in your checking account for several days, causing bounced checks. And it's not a glitch - it's how it's "supposed" to work, according to paypal. Here's the cnet story... (...) (23 years ago, 6-Apr-01, to lugnet.market.shopping)

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