Paypal promises to resolve pending withdrawals today
February 8, 2008
Update 2/9/2008 : The good news: As promised, Paypal did process some of the delayed withdrawal transactions yesterday. The bad: Not all pending requests were completed. Elaine and Jerome commented that their funds have finally been credited to their cards, and Jonathan showed a screenshot of his completed transfer. Several members, though, are still waiting.
A follow-up to the pending Paypal withdrawals problem currently plaguing users: Paypal has issued an official announcement at the eBay site claiming they plan to resolve the issue by today, February 8.
The announcement, posted on February 5, goes:
February 05, 2008 | 12:54PM a PHT
We are aware that users in certain countries such as Malaysia, India, Indonesia and the Philippines, are currently unable to complete withdrawals to their Visa credit, debit or prepaid cards. We are working diligently to resolve this as quickly as possible so that you can access your funds. We hope to have this resolved in the next 72 hours and will let you know once we have more updates.
Thank you for your patience.
The PayPal Team
The “next 72 hours” lapses 3 days from February 5 so if the announcement is to be believed, Paypal should have resolved the issue by today, February 8.
