THE BEST ANSWER...until a few years ago you had to wait a WEEK! I asked the then & now long gone VP WHY? Why do sellers have to wait a week only for ebay to allow the buyer to walk away without penalty? they don't have to repsond to sellers messages or ebays payment reminders. They can blow you off without a word & do it as often as they want. His answer, ebay's philosophy is, the buyer should never feel "threatened, or obligated" to pay. THAT still holds true today. five days is still too long & if i'm correct if they buy it fri-sun those 3 days are a grace period that does not count as the 5 allowed.
this only enables abuse.
worse are auctions & this is especially true when a buyer bids repeatedly making the effort to outbid & win only to not pay. THAT is a scammer abusing the platform. reporting them does nothing. my wife once had a buyer win 16 auctions over the course of days. THAT is someone who is again making an effort to win. She then cancelled every transaction because? she could. when my wife talked to ebay they said buyers are entitled to change their mind. i've been saying this since i joined ebay back in the days of dial up modems, buyers should be mandated to pay within 48 hours. if they're not going to pay, they are not going to pay. allowing them additional time is a waste of time.
