What does it mean when a payment is pending?

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asked Dec 2, 2020 in Other-Finance by Noonie60 (800 points)
What does it mean when a payment is pending?

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answered Dec 2, 2020 by Larry S (42,350 points)
A pending payment just means that the payment has not went through yet.

Sometimes a payment can be pending for an hour or two when you pay through Paypal and your bank account.

For example when I buy something on ebay the payment I make through my bank account through Paypal will stay on pending payment status for about 10 to 20 minutes.

Then it updates to say the payment went through.

So if you buy something on Ebay and your payment is pending when you pay through Paypal and your bank account then it can take a few minutes or so for the payment to process fully.

If the payment has still been in pending for a day or two then contact ebay or your bank to find out what is going on.

Most payments will go through though on their own within a few hours at most.

As long as you have sufficient funds in your bank account or debit card etc to pay for the amount of purchase then it should be out of pending status within a few minutes to a few hours at most.
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answered Apr 11, 2022 by Kroverl (2,960 points)

While payment processor is a company, payment gateway is a software that payment processors integrate into merchants’ websites. Simply put, a payment gateway is a payment page where customers enter payment details https://exactly.com/ The complete guide to payment processing

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answered Jul 22 by Allert (4,100 points)

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