Which PayPal Service?
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I am looking to accept payments from PayPal users that visit my physical store, not online. I want to be able to provide them the ability to use PayPal as an option alongside cash, and bank issued cards. My issue with the traditional PayPal service is that they have a hold time for funds, and a wait time of 48 hours at the minimum for the customer to be able to Confirm Receipt on their end. This is not acceptable for my business, and I am not going to let truckloads of inventory go with the client in there vehicle, with the risk of the not getting paid for it after they leave my property.
Is there a PayPal service that's like a point of sales where funds are transferred immediately, and available to be used on my end immediately? Thank you for your time.
- Labels:
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Holds
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Receiving Money
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New seller hold does not last long, just till paypal think you have built up a good seller reputation.
https://www.paypal.com/us/smarthelp/article/my-payment-is-on-hold.-why-is-this-happening-faq3297
Advice is voluntary.
Kudos / Solution appreciated.
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First, @kernowlass , I appreciate the time you took to reply, thank you.
I have read the link you have sent before, it was included in an email that I had received, as well as chatting with customer service representatives.
Although I appreciate the link you took time to send, it is not helpful for the resolve I am seeking.
Any type of hold time is not going to work for me. I'd rather lose the customer than the inventory, considering the value of the inventory. It is also why I do not sell online, but rather I am a source of inventory for those that do sell online. I only deal directly with vendors, stores owners, warehouse owners, etc., I very rarely sell to the end user, and if I do it is on a very small scale.
Alternatively, if I were to use the PayPal app to buy out a Warehouse, Store, Estate sale, Storage unit, etc., the funds I am paying need to be immediately deposited with the people I am buying from. When I am dealing with buying out an individuals estate, they are usually in dire need of the funds, and cannot wait. The same goes for some store owners that I buy out. My business is very cash fluid, the method of PayPal needs to be as well. If I am not able to immediately provide them funds on their end without a hold time, then there's a potential for the deal to be gone, and that is not good for my business. I flip inventory rapidly, sometimes the same day, and am not able to afford the time to wait.
I was more interested in a PayPal version of say Cashapp, or Zelle for example, but a PayPal specific version that the customer can use with their app.
Again, thank you for your time.

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Hi @AMS_Pro,
Welcome to the PayPal Community!
I understand you would like some help accepting PayPal payments in person. I appreciate seller holds can be frustrating. If you are new to selling we need to ensure orders are fulfilled correctly and your buyers are satisfied with your goods/services. As you start to build up a good selling history and perform well, we will remove these types of holds from your account.
However, have you considered using a card reader to accept payments? We can offer a service by Zettle to accept card payments face to face. If this sounds like something you would be interested in, see: PayPal Zettle Point of Sale | POS Solutions | PayPal US.
Otherwise, using QR codes may be an option, see: Pay with QR Code | QR Code Payments | PayPal US
I hope this helps, have a lovely day!
Rebecca.

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