I was receiving payment before sending goods to someone online, but for some reason their payment is coming up as "uncleared". Paypal gave me an email saying it's just pending and they will notify me when it clears or else if it fails to do so. Does this happen often? And what is the cause of this?
Ah, I believe the one who send you the money did so using eCheck. This basically means that he funded his account with his bank account, unlike existing paypal balance or credit card, it takes about 5 days to have his paypal account funded with this echeck. For the time being, don't send any goods to him until it is cleared.
Its echeck payment and if you want to know clearing date of that echeck payment then click on that transaction detail so it'll show you expected date of clearing there.
Yes i also faced this problem few times but these are generally solved within 3-4 business days Don' worry about it But don't send any goods or services until this payment is clear
eCheck is just as a paper check. Only difference is that it is directly added for credit, while the check is something you need to credit.
This will be an eCheck payment then. I have received echecks before and they take approximately 3-5 days to clear. As I sell digital products and uses a script to manage it, it's not a problem. But, for physical products, you might want to wait for the check to clear before dispatching the item.