03-24-2021 12:27 AM
Is anyone here good at explaining things so that even a idiot like me would understand?
So it's my 2nd day on managed payments.
Can someone please explain to me what exactly is:
"Available funds"
"Processing"
"Automatic payment method"
"Backup payment method"
03-24-2021 02:17 AM
i'll Try... (out of order)
Processing Funds -- $$ from Sales (- FVFs) Being Reconciled / Finalized between Financial Vendors /Services
(like a Bank Check going through a 'Clearing House')
Available Funds -- The $$ that has Cleared and is now Available (for Shipping Labels, Fees, etc.) To You..
This is the $$ that eBay will Payout to Your Checking Account (You Pick - Daily / Weekly)
** Automatic Payment Method Is Account (PP / CC)You had Set-Up to Pay Monthly Invoice before MP
** Back Up Payment Method Is the (in My case CC) that eBay has on file
** You should find this Information on 'Payments Summary Page' - Right Side (see all)
i Lost those Seller Hub Links with the Spring Changes - Believe i'm in the Group that has all eBay Payments pulled from Available Funds or Linked Checking Account (if needed).
Hope that Helps (at least a little)
Welcome to the New Way To Get Payed ...
03-24-2021 02:07 PM
So PROCESSING means i sold item(s) and the funds from those sales are being held by managed payments.
Once it "clears" managed payments, they it goes to from PROCESSING to AVAILABLE FUNDS where it will sit until it is transferred to my bank acccount?
Do i have that right?
03-25-2021 08:40 PM
@inhawaii wrote:So PROCESSING means i sold item(s) and the funds from those sales are being held by managed payments.
Once it "clears" managed payments, they it goes to from PROCESSING to AVAILABLE FUNDS where it will sit until it is transferred to my bank acccount?
Do i have that right?
"Processing" means the funds are being processed by the origin payment method (credit card/bank or whatever).
When it clears the origin payment method, it goes into our 'available' funds.
eBay doesn't really 'hold' anything save completed payments for disbursal (daily on all business days, or weekly usually on Tuesdays).
https://pages.ebay.com/seller-center/service-and-payments/managed-payments-on-ebay.html