What does this mean: payment type: credit card : funds in escrow?

I tried emailing support but haven’t received a response in over 24 hours. I would like to mail this item out tomorrow, but I’m not sure if it’s safe. The payment doesn’t show up in my PayPal account. Is it safe to ship the item out? If I ship it out, will Bonanza cover me if the buyer’s payment is reversed? Will it be covered under the Seller Protection Program? Should I wait until the buyer’s payment is cleared, even though it says that wont be until January?

asked over 9 years ago

1 Answer

Yes, it is safe to ship. The buyer did not use PayPal to pay for their purchase. It appears that you accept Direct Check-out which allows buyers to use their credit card to make a purchase. The company which runs direct checkout holds your funds until the item is delivered, once delivered they release the funds into the bank account that you used when you set up direct checkout.

selected by Bonanza as the best answer

answered over 9 years ago

cmd1978
Reputation: 40
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2 Comments

taylorsdreams says: December 18, 2015

how can we check what bank account that was.. i don’t remember doing it but one never knows about computers

public-direct says: April 18, 2016

I don’t even see a shipping address with credit card payment

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