Not yet receiving payment for an item that’s been delivered
I sold an item a few days ago and I still haven’t received payment from the item. Can someone please explain to me what’s going on? I have updated my payment settings so that I get paid on a weekly basis and that it goes to my debit card.
3 comments
mr_lincoln
Mentor5 months agoHi @kcorne3
New Sellers have their funds held for up to 31 days, link below sheds light on that topic. If you have a checking account eBay sends the money there at no charge. If you set up a debit card you will be charged $ 2.00 for each weekly Payout. I suggest NOT directing payments to the debit card.
Transaction holds | eBay
kcorne3
OP5 months agoI take it you recommend the bank account instead?
mr_lincoln
Mentor5 months ago@kcorne3
Yes, you will keep more of your profits. I have been on Weekly payouts for years and payments go right to my checking account. Once your sales increase Holds will be lifted and you will get a regular weekly payout.
The ONLY day they allow for Weekly payouts is Tuesday so what I have seen is that any sale on a Monday will NOT be included for that week's payout.