PayPal Has Auto Sweep!
January 13th, 2010I learned of a new feature in PayPal today by complete accident. I normally login and move money from my PayPal business account to my business checking account. A few days ago, I forgot I logged in, and this morning noticed funds had moved out. When I called PayPal, they confirmed that indeed it was me (embarrassing), but they told me that PayPal has an auto-sweep feature that would do this. They enabled it on my account so it shows up under the Financial section of my Profile. I never knew PayPal had this ability, and wanted to share my belated discovery!
Jill--------------
J. Olkoski
Aldebaran Web Design, Seattle
Jill Olkoski has a BS in Engineering, a BS in Computer Science and an MA in Clinical Psychology. She delights in using her advanced technical and psychological skills to help small business owners develop cost-effective and successful websites.
July 12th, 2010 at 7:02 am
I just recently got a paypal account, and I do not understand what exactly it is that auto-sweep does. Could you please elaborate?