While PayPal is one of the most popular payment methods in the world, it does have its fair share of pitfalls. In fact, if you just created an account you will most likely see that your funds are pending and you can’t purchase anything. That’s obviously frustrating, so it’s important to understand “why is PayPal payment pending” and what you can do in a situation like this.
There will be challenges related to that, but if you do it right the payoff can be second to none.
So, Why My Paypal Payment is Pending?
There are a plethora of reasons why the PayPal payment is pending. The obvious one is that you are new to the platform. It will take some transactions in order to show them that you are a genuine user, as there are lots of scammers. Confirming the email address is important here.
Also, your payment might be pending if you stopped selling for a while. In that case, you must build up a positive buying and selling history. It’s also a good idea to note that you can have bad customer feedback. In case there are lots of disputes, chargebacks or refunds, then the availability of your account will be put under questioning, so that’s something to keep in mind.
PayPal will also recognize fraudulent or suspicious activities and they will address that. Normally this will happen when you are selling some high-risk items or anything unusual. They will have to verify everything, and then they will issue the payment and complete it.
Some of the other reasons are a bit more specific. For example, the payment can be pending if you or the company you want to pay towards don’t have any address. There’s also a pending option when you want to approve payments yourself or if the payment was made by check. Also, the pending thing can appear when the account needs to be upgraded.
Delaying funds availability is a common industry practice we implement to help ensure the safe and secure use of PayPal by both buyers and sellers. By placing your money in your pending balance, we can ensure there is enough money in your PayPal account to resolve any issues that may arise with your account such as chargebacks or disputes. PayPal
What Can You Do to Solve the Issue?
The first thing you want to do is to verify your account, more often than not that’s what will solve the problem. Also, it’s a very good idea to establish a rapport with PayPal so you can stop having any pending payments. That means completing at least 25 transactions, being active on the site for 3 months, total amount of transactions has to be more than $250 and you shouldn’t have any negative feedback.
If you are selling riskier items like websites, mobile apps, tickets, gift cards, and consumer electronics, the funds will be held for 21 days by default. Before funds can be released, you’ll first need to notify buyer to confirm the order.
Communicate with your buyer: Buyer can confirm that he/she has received the item, which will release the payment immediately.
The Bottom Line
Once the “why is PayPal payment pending” question is answered, it’s important to tackle this accordingly and ensure that you deal with it at the highest possible level. We recommend you to take this into consideration and if you do it right, the results will be pretty impressive. Just commit to the process, make sure that you try and solve the problem using our ideas and it will be just fine. It also makes sense to contact them if you did all these things and it still doesn’t work. But once you build rapport with them and the account is verified, you will be fine!