Now ath Power wants to pay via another alternative payer.

Received an e-mail about getting paid via bill.com. The way I understand, it is optional. I don;t want another way to get paid occasional $10-$20 from them. Also, they are stingy in pay, want too much for too little, and take for ever to pay.

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I, too, got that email. I haven't done anything for Ath and they do not appear to have any shops in my area so for the moment I do not care. They do allow you to continue using Direct Deposit.

All I have to say is that competition is good.

I have yet to understand why it takes 2-3 days for a transfer to go thru for Paypal and Payquicker. I have done transfers from my stock account and they go thru on the same day.

The issue, plmccut, is funds availability. If I transfer money from my bank or my stock account it can happen the same day because my bank or brokerage knows immediately that the funds are collected and can be transferred. If I deposit a check today with either of them and try to transfer the funds tonight, it will not happen and cannot happen until the funds clear (except that with the brokerage they will take the funds on margin to move them so I will pay margin loan interest until the check clears).

It would appear that many companies that use Paypal or similar are paying by credit card or are having money drafted from their bank account. Paypal or others are not going to transfer funds until they have actual possession of the funds. It is an insidious problem of third party pays.

The email I received said that I could have funds deposited into my bank account. So far, when funds are deposited into my bank account or Pay Pal, the funds are available immediately.

They send me a check which takes forever to get here. Then it is on some bank that does not have any branches. I would rather have paypal.

Flash - I have left my money in Paypal for several days which to me means that the MSC's method of payment should have been completed and Paypay as the money in my account. So no reason with a flick of the finger they shouldn't be able to instantly transfer the money just like my broker does.

I personally think they hold it for a day and collect the interest on it.

It's a conspiracy, don't you know? LOL

Perhaps I am retarded, but what is this big fuss about 2-3 days vs 1 day? If it was 2-3 weeks vs 1 day, I would be upset. But few days here and there no big deal.

anakin - It really isn't a big deal on our end but imagine how many dollars are sitting there for an extra day that they can use to increase their own earnings.

Yeah, that day's worth of 2% annual interest they are making is going to make someone a fine trip to Starbucks some day.

plmccut Wrote:
-------------------------------------------------------
> anakin - It really isn't a big deal on our end but
> imagine how many dollars are sitting there for an
> extra day that they can use to increase their own
> earnings.

Why get upset about them? Does it make any difference to me? (The correct answer is NO).

I do my transfers on Friday evenings, and my history log from bank shows that all deposits were credited the following Monday.

Edited 1 time(s). Last edit at 07/14/2012 12:58AM by anakin.

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Now ath Power wants to pay via another alternative payer.

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