Managed Payments SLOOOOOOWW

[grampstamp]

I signed up for Ebay's new payment system about a month ago and had no issues for the first few sales. Sale was made and money was in account the next day..Recently I have been getting notices stating that Payment was sent to bank and it might take 3 to 4 days to process..and they are right.. money not getting into acct until 3 0r 4 days.

Is there any way to fix this or is Ebay just making interest on all the money they are holding back?

[rebell45]

Sale was made and money was in account the next day.

Are you sure about that. I've never heard of anyone getting a MP payout in one day.  3-4 days is a more normal cycle.

On the interest, according to the eBay moderators on these boards, eBay is not making interest on the held monies.  Of course, what else would they say?

[vintagecraze50]

No interest being made on money that is in process land. Process land is not an account that earns interest for anyone.

[readabouthorses]

---

@vintagecraze50 wrote:

No interest being made on money that is in process land. Process land is not an account that earns interest for anyone.

---

But it has to be making someone's bottom line look good even if they are not earning interest on it.

[lovett-1000]

I think yes. As on other site using same payment method.  It is 12/07/2020. My moneys from sales 12/04/2020 are still pending. Not even in available yet. On other site all money from 12/04/2020 to 12/06/2020 is being moved to my bank today. So on here it is a sham. I will be lucky if moneys from 12/04/2020 will be moved to bank on 12/08/2020.  I think it it to sham investors on their stock prices and collect interest as you say also. E bay is dirty dealing with others money I think also.   

[lovett-1000]

You may be right. But it dose control their stock price. So swings on $ can sham investors. I hope and send my best to you. 

[veronicabooksandart]

Don't they read these threads?
-------------------------------------------------------------------------------------------------
He's flowing, Gordo. Piece of cake.

[grampstamp]

"never heard of anyone getting a MP payout in one day"

Without question I got paid in less than a day. 

I was very cautious when I first signed up because I associated it with the family bank account.

I watched every transaction.

When I received notice of a payment I checked by bank and the $ was there.

I opened a new account with the same type of account and same bank just for sales.

That's when the payment slowed