with a CC yes it does, you should have also gotten a confirmation email from paypal saying that your payment has been sent. When you get that email, and you pay by cc or your debit card, then the person who you sent it to has the funds available instantly.

If they decide to transfer it to thier bank account to pull out the cash, then thats another 3-5 business days for it to show up in thier bank.

Thats why I love the paypal debit card