EBay needs your SSN and checking account information to open an MP account.
Then your customer payments will be Held against your performance until you've been selling for 90 days and sold 25 items. Your payments will be held until tracking shows delivered, or in 30 days if there's no tracking. They can hold the payment for the full 30 days if you're selling in a high risk category.
Note
You can use Held funds to pay for a shipping label through eBay. There may be discounts on those labels.
Buying a shipping label is a useful way to determine that your customer actually has paid.
EBay does not give you the customer's address until they have received the payment.
When the Hold elapses, your money will be transferred to your bank on the next Tuesday by default.
Below are some links about selling on eBay. It is crucial you familiarize yourself with the policies that govern the site. Pay special attention to the Money Back Guarantee and the User Agreement.
The first link will bring you up to speed on how to get paid thru Managed Payments. But like a poster up-thread advised— as a new seller, you will be subject to temporary holds on your payments. The funds are there but they won’t be released to you until the buyer receives the item. You will be able to use your pending funds to pay shipping on a sold item.
(Because of the funds holds, eBay is not suitable for those with pressing financial needs hoping for a quick influx of money.)
Good luck and wish you many successful sales ahead.
Your money will be sent to your checking account on file. Typically it takes 1-3 days for funds to process. But as a new seller you wouldn't receive your money for up to 30 days. This ensures you have a smooth transaction and all goes well. No returns or credit card chargebacks.
reallynicestamps
·1 year agoDid you sign up for Managed Payments?
EBay needs your SSN and checking account information to open an MP account.
Then your customer payments will be Held against your performance until you've been selling for 90 days and sold 25 items. Your payments will be held until tracking shows delivered, or in 30 days if there's no tracking. They can hold the payment for the full 30 days if you're selling in a high risk category.
Note
You can use Held funds to pay for a shipping label through eBay. There may be discounts on those labels.
Buying a shipping label is a useful way to determine that your customer actually has paid.
EBay does not give you the customer's address until they have received the payment.
When the Hold elapses, your money will be transferred to your bank on the next Tuesday by default.
fashunu4eeuh
·1 year agoHi Justin and welcome!!
Below are some links about selling on eBay. It is crucial you familiarize yourself with the policies that govern the site. Pay special attention to the Money Back Guarantee and the User Agreement.
The first link will bring you up to speed on how to get paid thru Managed Payments. But like a poster up-thread advised— as a new seller, you will be subject to temporary holds on your payments. The funds are there but they won’t be released to you until the buyer receives the item. You will be able to use your pending funds to pay shipping on a sold item.
(Because of the funds holds, eBay is not suitable for those with pressing financial needs hoping for a quick influx of money.)
Good luck and wish you many successful sales ahead.
https://www.ebay.com/help/selling/getting-paid/getting-paid-items-sold-?id=4814
https://www.ebay.com/help/selling/selling/start-selling-ebay?id=4081
https://www.ebay.com/help/policies/selling-policies/selling-policies?id=4214
https://www.ebay.com/help/policies/member-behaviour-policies/user-agreement?id=4259
https://www.ebay.com/help/policies/default/ebays-rules-policies?id=4205
https://www.ebay.com/help/policies/ebay-money-back-guarantee-policy/ebay-money-back-guarantee-policy?id=4210
inhawaii
·1 year agoYou're asking this and you currently have 12 items for sale? 🤔
It might have been a good idea to learn these things BEFORE you statt selling on ebay.
Your money will be sent to your checking account on file. Typically it takes 1-3 days for funds to process. But as a new seller you wouldn't receive your money for up to 30 days. This ensures you have a smooth transaction and all goes well. No returns or credit card chargebacks.
justri_58
OP1 year agoI couldn’t get express payout on my debit
If you have funds on hold it's doubtful. Express payouts are by invitation only.
