Can a PayPal pending payment be canceled?

[Stefany93]

Hello folks,

I took programming project I need to complete and the project manager sent me half of the money with PayPal. And since she has just created an account and she paid with E - check now on my paypal account shows that the money are now pending and will arrive on the 6th of September. Here is the message:

This eCheck payment will post to your PayPal balance once the funds have cleared from the sender's account, which usually takes 3-5 business days. (Estimated completion date: Sep 6, 2012)

Can she somehow cancel the whole thing and I won't get paid at the end? Actually my deadline is 10 days so if I do not receive the money on the 6th of September then I will stop working, but still could you please tell me if she can cancel the transaction in some way?

Thank you

Best Regards
Stefany

 

[richnrockville]

Stefany, I believe that it is possible but they would have to contact PayPal and explain the reason.
Not that easy to do in this case. If I were you, I would contact PayPal and ask them.

Rich

 

[Stefany93]

Thank you so much Rich, much appreciated!

Can the funds arrive later than 6th of September or if it says the 6th they will arrive on that date, please?

 

[richnrockville]

Thank you so much Rich, much appreciated!

Can the funds arrive later than 6th of September or if it says the 6th they will arrive on that date, please?

Normally I have seen the funds deposited on the day they say. but at the latest
time in that day.

Rich

 

[Imperfect1]

Sorry to tell you this, but a word to the wise sometimes helps: I've had my PayPal account hacked and over $500 stolen out of it --- so in my eyes, it is possible for ANYTHING to happen on PayPal. And by the way, when I tried to deal with the 'authorities' on PayPal they assured me that PayPal would protect my account. They didn't. They did NOTHING to help me. So, you might want to research alternative ways to receive payment for your services.

 

[Stefany93]

Normally I have seen the funds deposited on the day they say. but at the latest
time in that day.

Rich

Thank you again Rich, much appreciated!

Imperfect, could you please recommend some other website that acts like PayPal?
Thank you!

 

[Lava King]

Sorry to tell you this, but a word to the wise sometimes helps: I've had my PayPal account hacked and over $500 stolen out of it --- so in my eyes, it is possible for ANYTHING to happen on PayPal. And by the way, when I tried to deal with the 'authorities' on PayPal they assured me that PayPal would protect my account. They didn't. They did NOTHING to help me. So, you might want to research alternative ways to receive payment for your services.

I'm sorry to hear this. Could you please elaborate on what happened so that those of us with PayPal accounts may better protect ourselves?

 

[Imperfect1]

Sorry to tell you this, but a word to the wise sometimes helps: I've had my PayPal account hacked and over $500 stolen out of it --- so in my eyes, it is possible for ANYTHING to happen on PayPal. And by the way, when I tried to deal with the 'authorities' on PayPal they assured me that PayPal would protect my account. They didn't. They did NOTHING to help me. So, you might want to research alternative ways to receive payment for your services.

I'm sorry to hear this. Could you please elaborate on what happened so that those of us with PayPal accounts may better protect ourselves?

Yes, glad to. I hadn't used my PayPal account in a long, long time, when I received an email notification from PayPal that there was "some unusual activity" on my account. (That was the ONLY good thing that PayPal did, because without that email, I would never have known about the theft.) I checked my PayPal account to find out that apparently, someone had hacked into my PayPal account and purchased over $500 worth of electronic equipment, using my account and banking/credit card information. I contacted PayPal immediately by telephone, and was told by a supervisor/manager that they would stop the transaction and return the money to my account. BUT THEY DID NOTHING. On PayPal's website I was able to identify the name and location of the hacker (assuming the information was even accurate, which it probably wasn't), but it didn't do me any good because the little bit of information provided on the PayPal website wasn't enough to take further action against the thief.

But here's the GOOD NEWS! I acted very quickly by contacting my own bank to find out that although the transaction had already "gone through," on the bank records, the cash hadn't actually been transferred out of my account yet. Although it was very difficult to do, (because it was apparently against this bank's normal regulations), I was able to convince the bank to stop the transaction and block the transferring of any money related to this transaction out of my account.

So the bottom line is that I don't know if there was any way to force PayPal to actually stop the transaction or to be accountable for any loss of funds, but at least if the victim acts very quickly, he/she can go to his/her own bank and put in a "Stop Payment" order, hopefully blocking the transaction from completing.

And Stefany93, I wish I could recommend another website like PayPal, but unfortunately I don't know of any. Actually, the sad truth probably is, if a hacker could break into a PayPal account (which is supposedly pretty secure), the hacker could probably break into the account of any other service, as well.