Why cant eBay give a more exact timeline for pending funds to be released other than "a day?"

[lbar5848]

As the title says; eBay claims processing usually takes "a day," assuming no hold is placed, but what exactly do they mean by "a day?"  How many hours specifically are they referencing by saying "a day?" Every time I have to wait, its been over 24 hours, and doesnt seem to be a specific amount of time over 24 hours. 

Its been 30 hours since the item I sold was paid for, but it still says the funds are supposed to be release "Jan 30."

This is garbage.  Its 2024, I should havent to wait around all afternoon wondering when Ill get my money.  It should give me A SPECIFIC TIME TO THE HOUR. eBay knows this info, they just choose to hide it from us.

As usual, eBay deems it unnecessary to give info because it benefits them to withhold it.

[lady_madonna]

@lbar5848 

Ebay is not required to provide a specific time when your payouts will be deposited into your bank account because after Ebay issues the payout, your bank could take several days to process the deposit.

According to Ebay:

It typically takes 1 day from confirming the buyer’s payment for the sales proceeds to appear as Available for payout, unless the transaction was placed on hold, in which case it may take longer.

It typically takes 2 days from confirming the buyer’s payment to initiate your payout if your payouts are scheduled daily. If your payouts are scheduled weekly, we initiate payouts on Tuesday for the sales you've made from Monday to Sunday the previous week. If your payouts are scheduled biweekly, we'll initiate payouts every second Tuesday. If they're scheduled monthly, we’ll initiate them on the first Tuesday of every month. Your payouts will appear as Funds sent and it typically takes another 1-3 business days for the funds to clear in your checking account and become available to you.

[lbar5848]

Way to completely misunderstand the very simple post.  I never mentioned how long my bank takes to process the payment.  Reading is fundamental.  I said how long EBAY PROCESSES A PAYMENT before its available for payout.  As in they say "a day" but that could mean a lot longer than 24hours if you are paid for a listing at 8am but they dont make your funds available until 10pm the next day.  Another sanctimonious reply that cant even understand what they are responding to.

Im sure youll also have some bootlicking reason to justify why they just changed to a flat fee of $2.00 for instant payouts, which rips off any low-volume sellers compared to their prior fee structure for instant payouts.

Im so sick of professional contrarians always just waiting in the wings to contradict people for sport.