How Long Does It Takes To Verify Payoneer

[minchi_80]

Hey eBay Community,

I am a new seller on eBay i just applied for my payment  method  with payoneer how long does it take to verify my account and start selling on eBay.

Thank you!!

[lacemaker3]

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@minchi_80 wrote:

Hey eBay Community,

I am a new seller on eBay i just applied for my payment  method  with payoneer how long does it take to verify my account and start selling on eBay.

Thank you!!

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@minchi_80, it's hard for us to answer that, because your fellow sellers in Sri Lanka have not reported how long it took for them. I hope that you registered a business account, which appears to be required for Sri Lankan sellers to receive foreign currency. 

According to the Central Bank of Sri Lanka, it appears that people in Sri Lanka need to register as a business first, in order to be able to receive payments in foreign currency, to their BFCA (Business Foreign Currency Account). Here's a link to their website, then click on CAN YOU ACCEPT FOREIGN CURRENCY AS EARNINGS FROM YOUR BUSINESS ACTIVITIES IN SRI LANKA?

Then, you need to register for eBay managed payments, and you will need to have (or create) a Payoneer account when you do that. Your bank account, Payoneer account and eBay account all need to match, so if your bank account is a business account, your Payoneer and eBay accounts have to be business accounts too, and your name and address have to be spelled exactly the same.  Payoneer will verify your identification documents, which may take a few days, or a few weeks.

For sellers in Sri Lanka, Managed Payments will be able to deposit your payments into your Payoneer account. Here's more information about managed payments for sellers outside the USA. There are other links on the export.ebay.com website that have a lot of information that should be helpful for you.

https://community.ebay.com/t5/Payment-Resources/Were-you-asked-to-link-a-Payoneer-account-for-payout...

https://export.ebay.com/en/fees-and-payments/payments/managed-payments/

https://blog.payoneer.com/e-sellers/marketplaces/guide-selling-on-ebay/

[mathenukmapal-0 · Accepted solution]

Hello

Just be patient. Notify you via an Email shortly.

Have a nice day, Stay safe.

[minchi_80]

Thank you:)

[minchi_80]

but my friend got his account verified  in 3-4 days maybe cause he had and old ebay account and it was individual account also not business anyways thanks for the help:) 

[udoid-0]

Do not link now Be patient. Link for after two months.

[vint_cass_ind]

I am from india..my payoneer and ebay are linked still i am unable to sell anything..i am attaching the screenshots of the messages.

[lacemaker3]

@vint_cass_ind ,

From the dates on the screenshot, your Payoneer account has only just been verified. It may take a day or two for eBay to be updated with the new information.

Some foreign sellers have reported that eBay will send you an email when you are able to start listing, but they haven't said how long it takes, and I don't know if you have to wait until then anyway. 

I would just try again in a day or so, it  probably won't be too long.

[lacemaker3]

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@minchi_80 wrote:

but my friend got his account verified  in 3-4 days maybe cause he had and old ebay account and it was individual account also not business anyways thanks for the help:) 

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@minchi_80 , Your friend may run into trouble with the Sri Lanka government, if he doesn't follow the rules and laws in your country. As far as I can see, from what is posted on the Central Bank of Sri Lanka, internet businesses there have to deposit the foreign currency payments they receive into an BFCA within a certain number of days.

"According to the Central Bank of Sri Lanka, it appears that people in Sri Lanka need to register as a business first, in order to be able to receive payments in foreign currency, to their BFCA (Business Foreign Currency Account). Here's a link to their website, then click on CAN YOU ACCEPT FOREIGN CURRENCY AS EARNINGS FROM YOUR BUSINESS ACTIVITIES IN SRI LANKA?"