Question regarding PayPals echecks! help!

[Oh Donna!]

A buyer just paid for an auction thru PayPal and paid via echeck. Its pending and wont clear until 12/1. I can see that Paypal is charging me a $5.00 fee for it, are they gonna charge me the 3% (or whatever it is) on top of that too? I have always had instant payments and no one has ever paid via echeck before...anyone know if they will charge me more fees? thanks!

 

[livethelake]

Donna, echecks are great because you only pay a maximum of $5.00 fee...no additional 2.9%! HTH

 

[Oh Donna!]

Well HOTDAMN! Its echecks only for me from now on! Yowza! Thanks so much!

 

[babyclouds]

Donna, I would wait until the echeck clears before you send out the item! I like echecks because you only pay the $5 and no additional % fees.

 

[chicky]

Yeah, i agree with the above^

Although tbh, sometimes i think i'd rather pay the fee and be done with the transaction...i've waited up to 2 weeks for an e-cheque to clear from a buyer in the past!

 

[OhNoYouDidNt]

Yeah, make sure you wait until the e-check clears before you ship. If you're shipping through PayPal, it won't let you ship until the echeck clears

 

[happie_berrie]

I never used e-check before.. sounds really good for sellers!! Does it benefit the buyer though?

 

[lorihmatthews]

I'm the minority here, but echecks bug me ... I hate waiting for them to clear! I'm so impatient!:busted

 

[elongreach]

I'm waiting for one to clear right now. Estimated date is 12/5!!!! I'm soooo tired of waiting.