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Funds not Processing through to Available

I'm on Weekly Payouts ... lately by Monday afternoon weekend sales dollars have moved from Processing to Available ... except for this past weekend.  Now its pushing 11 PM and most of my Weekend sales (paid Sat & Sun) have not moved.  I am wondering if this is in the wake of the March 16 announcement about the new payout choices that were added - Monthly & bi-Weekly.

Also wondering if they have implemented those choices and now the system has slowed down ... which means I am also wondering if sometime during the wee hours of Tuesday morning the funds will finally shift ...

 

Mr. L

Regards,
Mr. Lincoln - Community Mentor
Message 1 of 22
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Funds not Processing through to Available


@mam98031 wrote:

Why would adding more options to payouts have anything to do with how you payments move from pending to available?  I'm not sure I understand why one would have to do with the other?  Just askin.


@mam98031   I don't think its so much what payout options were added but just the program being changed and then updated across the site.  I'm sure they have to be extra careful since its the money end of the programming.  Its possible that some little glitch slipped through to be corrected at a later date ... we've seen that before of course on other features ...

Regards,
Mr. Lincoln - Community Mentor
Message 16 of 22
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Funds not Processing through to Available


@mam98031 wrote:

Maybe you got unlucky and all the payments were sourced by American Express.  Those Pending payments can slow a bit due to AE's process.

 

I have not seen this history that you are referring to.  I've been on weekly payments since the beginning and I have not had any issues at all, except for once and it was a one day hiccup.  I've recently been trying out the biweekly option and that works quite well too.


@mam98031   Very good point on the AmEx payments, however, I did an Update post and it looks like everything went through from the weekend in the wee hours of the morning.  When my account went in to MP I set it up for Weekly Payouts from the start so over time I have noticed patterns on a number of things.

Up until this Payout weekend sales money was pretty consistent on changing from Processing to Available by Monday afternoon ... say from noon to 4 PM ... 

So now I will wait to see if this becomes the trend or if it settles back to transferring earlier in the day.

Regards,
Mr. Lincoln - Community Mentor
Message 17 of 22
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Funds not Processing through to Available


@mr_lincoln wrote:

Update:  Well, it looks like in the wee hours of the morning the rest of the weekend funds Processed through to Available.   This is a new pattern ...


Hey @mr_lincoln. It's a new pattern for you, but you may find it helpful to learn that I've seen weekend payments clearing in that Mon night / Tues morn timeframe consistently for a couple years. So it's not a new pattern in the broader sense.

Message 18 of 22
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Funds not Processing through to Available


@wastingtime101 wrote:

@mr_lincoln wrote:

Update:  Well, it looks like in the wee hours of the morning the rest of the weekend funds Processed through to Available.   This is a new pattern ...


Hey @mr_lincoln. It's a new pattern for you, but you may find it helpful to learn that I've seen weekend payments clearing in that Mon night / Tues morn time frame consistently for a couple years. So it's not a new pattern in the broader sense.


That's good to know @wastingtime101 and I appreciate that additional information.  I can only see and monitor my own account and the patterns where IT falls in the "broader" processing queue ... like yours being normally later mine has been normally earlier. 

 

Regards,
Mr. Lincoln - Community Mentor
Message 19 of 22
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Funds not Processing through to Available

There are millions of sellers so it's reasonable to assume that payments will clear during different windows for different sellers. It's a lot of transactions to process.

 

Like I said above - eBay has really stepped up the speed and as long as payments are clearing within the timeframes they post (even if it's down to the wire) then it's not something to worry about. Since it's payments, just keep an eye on things to make sure there are no big hiccups.

Message 20 of 22
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Funds not Processing through to Available


@mr_lincoln wrote:

Update:  Well, it looks like in the wee hours of the morning the rest of the weekend funds Processed through to Available.   This is a new pattern ...

 

Mr. L


ONE instance does NOT make a "pattern".


mam98031  •  Volunteer Community Member  •  Buyer/Seller since 1999
Message 21 of 22
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Funds not Processing through to Available


@mr_lincoln wrote:

@mam98031 wrote:

Why would adding more options to payouts have anything to do with how you payments move from pending to available?  I'm not sure I understand why one would have to do with the other?  Just askin.


@mam98031   I don't think its so much what payout options were added but just the program being changed and then updated across the site.  I'm sure they have to be extra careful since its the money end of the programming.  Its possible that some little glitch slipped through to be corrected at a later date ... we've seen that before of course on other features ...


Yet it isn't happening to others on the same payment schedule you are that have posted on this thread.  So I think you are assuming too much.  It is likely the funding source was slowed for some reason, maybe an American Express payment as they can take a little bit longer.  

 

I'm glad it resolved and hopefully it won't happen again for you as clearly is causes concern.


mam98031  •  Volunteer Community Member  •  Buyer/Seller since 1999
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