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New seller- item that sold for $1000 , payment on hold
Hello, I just sold an item on eBay for $1000 and it says that I will not receive the payment for three more weeks. The buyer receive the item and satisfied with it.
Has anyone else experience this and do you receive the funds sooner rather than waiting three weeks? Thanks.
2 comments
eburtonlab
Mentor3 years agoeBay explains payment holds here:
https://www.ebay.com/help/selling/getting-paid/getting-paid-items-youve-sold/payments-hold?id=4816
kensgiftshop
·3 years agoYes, all new sellers will have their funds held for a little bit.
Since it sold for $1000, they'll hold the funds for 30 days.