Paypal money processing?

Question

i've transfered $100 from my bank account TO my paypal account. The next day i looked at my transaction list on my internet banking and the money had already processed. It's been 4 days and paypal still hasn't cleared my transfer. why is it taking so long?

Answer 1

you did what is called an ach transfer (automated clearing house), Funds take four business days to verify through the process.  The why is because they still use an actual paper trail to verify, I run into the same thing with my Prosper account.