Hi Every one I just want to know, can i keep my payment in Paypal account for more than 10 days? i have an Indian account so i think the paypal changed he rules for us. Any one have payments in their account for more than 10 days? Is there any issue if i keep money in paypal account? Shan
Yes you can keep money in your paypal for as many days as you want. No such rule has been implemented as yet.
I dont think Paypal will implement 7 days withdrawl rule so early.For now rule is not implemented yet and you can keep money in your Paypal account as long as you want.
7 day rule is not exactly what people think.Rule allow Service provider to withdraw funds with in 7 days of Service delivered and with in 7 days of shipment dispatched/received. So it gives you a big window about services and you have to decide when SERVICES provided are finished for a particular transactions.Say you receive 10% funds for a project but final project can go on for 2 years.
keep it in pay pal i trust them more then the banks but they really need to sort out the processing time!