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Managed Payments Question

From what little I have read I have the understanding that that when a buyer pays you that Ebay holds the funds till they clear. Are we as sellers supposed to ship when the buyer pays or after payment clears? What if payment doesn't clear and already shipped? Does Ebay cover this?

 

Thanks in advance,  ANDy

 

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Managed Payments Question

youre suppose to ship once buyer pays.

ebay gives you two options

by default:  ebay charges you shipping fee from bank account if you buy their postage automatically.

but you can edit your account so that they charge the shipping fee off your pending payment.

as for clear payments:

ebay does not process orders until buyer pays ebay and it clears.

but it takes days for you to receive payment from ebay.

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Managed Payments Question


@harleyquinn28 wrote:

youre suppose to ship once buyer pays.

ebay gives you two options

by default:  ebay charges you shipping fee from bank account if you buy their postage automatically.

but you can edit your account so that they charge the shipping fee off your pending payment.

as for clear payments:

ebay does not process orders until buyer pays ebay and it clears.

but it takes days for you to receive payment from ebay.


Much of what you describe is incorrect.

 

Sellers are Required to ship within their stated handling time on the listing the buyer purchased from.  If a seller wants to wait and not ship until the money is in their bank account, then the seller should make sure that their stated handling time on their listings is appropriate for this length of time.

 

If a seller creates their shipping label through Ebay, they have a choice to have the cost of the shipping label to be deducted from their MP account or their PP account.  Seller choice.  Once the seller sets their choice it will remain that for each subsequent label until such time that the seller changes it.

 

MP Funding a Label.JPG

 

Ebay doesn't "process orders" at all.  Sellers do that.  And processing an order has nothing to do with when a payment clears in MP.  A buyer has paid for their purchase from the moment they submit payment.  When it clears is a separate issue.

 

MP is a money processing program ONLY.  It has nothing to do with when you ship or even if you ship.  It has no requirements on your listings other than payment methods available to your buyer and where you receive your money, which is in MP of course.


mam98031  •  Volunteer Community Member  •  Buyer/Seller since 1999
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Managed Payments Question

All payments that a buyer submits at the time they purchase your item will clear MP and go to your bank account.  Buyers have no ability to cancel or retract a payment.  They never had that ability in PP and they don't have that ability with MP.  So every payment will get to your bank account within the process of MP.

 

Review this information and then ask more questions if you still have any.

 

MP Payout Graphics 1.JPGMP Payout Graphics 2.JPGMP Payout Graphics 3.JPG


mam98031  •  Volunteer Community Member  •  Buyer/Seller since 1999
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