Pay Pal Question (in Off-topic)

[Jedi] Danludar August 10 2009 12:59 PM EDT

Alright so I've been finally using my paypal. It has been pretty convenient so far, but when I look at my online bank statements it says its taking out the amounts I'm spending twice.

Can anyone explain this to me?

QBsutekh137 August 10 2009 1:49 PM EDT

All I could turn up on Google was this:

"From your description, it sounds like they are using a credit card, and so the first transaction is the authorization for the funds. When the funds are captured, that first entry is deleted and reversed."

This was part of an answer to a guy who said his customers were complaining that he had charged them twice, and he did confirm that it was simply the credit card issue.

Could it be that PayPal is treating your debit card like a credit card (if that is how you linked the account, as opposed to linking the actual acct via routing number), and that the above quote explains what is going on? How are you funding the PayPal account?

Just from my own experience, I have started simply transferring $100 at a time from bank to PayPal (direct, via routing number and checking account number), and then just using the straight PayPal balance on transactions. That money is more instant once it gets to PayPal, and then I only have to worry about recording a $100 charge in my checkbook every once in a while. It has worked for me for a while now...

From my own PayPal account if I use straight credit card:

Jul. 22, 2009 Payment To Vuze, Inc. Completed Details -20.00 0.00 -$20.00 USD
Jul. 22, 2009 Transfer From Credit Card Completed Details 20.00 0.00 $20.00 USD

That shows the $20 charge on the card that then transfers to the payee (Vuze, in this case).

A bank transfer looks like this (when I load the account with $100 at a time via checking/routing number):

Jul. 22, 2009 Transfer From Bank Account Completed Details 100.00 0.00 $100.00 USD
Jul. 27, 2009 Update From Bank Account Completed Details 100.00 0.00 $100.00 USD

But only the July 27th transaction actually hits my bank. (actually shows as July 23rd, but that delay to the 27th is standard ACH delay and over a weekend).

Do you have online banking so you can confirm the actual hits on your bank account? As far as I can tell, PayPal's activity log is kind of confusing, showing a lot of things as two lines simply to be a record of the timing on how things occurred and when money actually exchanged hands.

Check with your actual online banking to truly see where money is going, and if it is hitting your actual bottom line twice, contact PayPal for immediate assistance.

[Jedi] Danludar August 11 2009 2:38 AM EDT

I have it linked, and what I was doing was transferring funds directly then sending them. It says it should all be cleared up by the 11th so I think I should wait till then to freak out.
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