Hey there successful dropshippers, does PayPal releases your money instantly on the same day when your customer pays you? Can you instantly withdraw into bank OR there is a general hold for like 2-3 days?
What are your experiences on this despite?
Hi @webzz , if you are a new seller on Paypal, they will hold the money for first order during 21 days, for the next order, they will release the money 2 - 3 days after you update tracking information on Paypal
If you are new and have not had a transaction on PayPal, the number of days that you have been held by PayPal is usually 21 days. In fact, this is the number of days it takes for PayPal to check that your order is reputable and trustworthy. If there is no problem PayPal will pay you. After a period of use, usually PayPal will release the money back to you in about 2 to 3 days. If you want to completely avoid the problem of PayPal holding money for a long time and want to shorten this time, I have a solution for you. As a Shopify seller, I always want to help other people, especially newbies. You can completely use the Synctrack app to fix this problem.
Synctrack is a tool which helps you add tracking info to PayPal automatically. With Synctrack, you will never worry about anything. You may fully verify it by visiting https://bit.ly/3OnC8nm. because Synctrack has a free version that you may use to quickly and automatically add tracking information to PayPal. Pick one today, and use it!
Moreover, if you want to see more new information about Synctrack or some common payment issues, you can check through this website: https://blog.synctrack.io/payment-issues/.