Just got an email notification from Paypal informing that there is a glitch in the processing of funds withdrawal :

Dear Andrew Shim,

Due to a technical issue we have experienced starting on January 20, 2008 we have been unable to successfully withdraw funds to your credit card. As we work through resolving this issue you may experience one of the following scenarios:

Pending status - if your withdrawal is ‘pending’ then we are still working to resolve the issue and complete your request. We are treating this issue with high priority and will update you as soon as it is resolved.
Completed status - if your withdrawal is ‘completed’ then we have processed your request and the funds will post to your credit card in 5 to 7 days
You should not see any delays on future withdrawals.

We apologize for any inconvenience caused and we appreciate your business.

Yours sincerely,

PayPal

Well this sucks. This is the first withdrawal to my new Public Bank debit card and it gets stuck in pending mode. And it’s a fairly large amount too which I withdrew on February 1st. At least Paypal saw fit to inform us instead of letting us hang in mid air. Then again, I’m pretty sure they’ve been deluged with queries about the prolonged “Pending” status.

Popularity: 52% [?]

Share this blog post with a friend:

These icons link to social bookmarking sites where readers can share and discover new web pages.
  • Digg
  • del.icio.us
  • Technorati
  • Netscape
  • Reddit
  • YahooMyWeb
  • StumbleUpon
  • Linkter
  • SphereIt