Slow process of payments lately
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‎11-19-2024 07:20 AM
Hello everyone...just a quick question and check-in to see if anyone has seen an issue with payment processing since Friday? I didn't have any payments process over the weekend and nothing on Monday. Anyone heard of a glitch or issue? Thanks.
Bruce
Re: Slow process of payments lately
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‎11-19-2024 08:46 AM
yes the last 2 weeks out of the blue, should have had a payout Monday though, I would check if you made any changes to your account recently that it is all 100% correct.
I am trying to get to the bottom of the issue, it is unknown yet if it is a glitch, bug or not. something is up though I would suggest calling and requesting a "ticket" so these things get reported and hopefully corrected sooner
Re: Slow process of payments lately
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‎11-19-2024 11:54 AM
Hello
Glad you brought this up. There is definitely an issue. I thought it was just business (Bad) as usual until I saw your post. I have been waiting for 6 days now for payment and I must ship these items today and tomorrow which will eat more into my funds processing. I need the money this week as my other job pays next week so I am desperate. I can not even afford cream for my coffee unless I put it on my credit card.
I was going to complain in general as this has gone on for months if not a couple of years and should be against the law as there is clear evidence of EBAY profiting on interest. It is plain to see as EBAY files financial statements as they are a public company.
I hope there is a glitch and that glitch needs to be fix asap. EBAY sellers need to get together somehow , and be represented as a group (like a union) so that sellers have some say on certain issues. I calculated what I sold last Wednesday and Tuesday and I should have money available but it shows all of it processing yet there is nothing processing . So it must be a glitch.
Re: Slow process of payments lately
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‎11-19-2024 12:38 PM
From reading other post, it seems there is a glitch on some update EBAY just did. They are implementing a new policy for some EBAY sellers but this has created a glitch on payouts and payments on hold. I trust this will be resolved quickly I have complained in the past about slow payments but over 6 days (and after the buyers received the item) is just too long but I am relieved that this is just a glitch . There has been many posts about this subject in the past 2 days.
Re: Slow process of payments lately
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‎11-20-2024 11:28 AM
Still no payment. I have 5 items to ship today that are due but I can not. This is horrible . I will lose my top rated status as I desperately need the money and can not afford to use my processing funds to ship items. So....the customers will have to wait (I even changed my handling time an extra day). I sold these items last Wednesday at the latest and still not one dollar available.
Re: Slow process of payments lately
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‎11-20-2024 11:34 AM - edited ‎11-20-2024 11:35 AM
It is not a glitch, it's an intentional policy change implemented very recently, likely with the goal of purposely adding a small amount of "friction" to the payout process in order to "nudge" sellers to use the express payout option for a fee.
They snuck in a stealth policy page update a couple weeks ago saying that weekend payouts will be processed to your bank on Monday now.
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‎11-20-2024 11:43 AM
No delays or problems with payments. Everything working as it has in the past.
I have daily payouts. Still daily.
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‎11-20-2024 12:22 PM
this is a "maybe" from appearances as of yesterday my payments are processing normally again, but w'ell see what happens this weekend. A "test" was mentioned by the rep I spoke with and another poster noted the same, but no clarification yet that I have seen. One thing that was commonly noted was that "payment processing was seen as taking longer" which could explain why weekend payouts may not be occurring for some.
I'm just guessing,,,, though ebay is huge one banana peel could throw a wrench in the whole mess lol
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‎11-20-2024 12:27 PM
@babyers88 it certainly could be a test, but definitely not a glitch - those extra words didn't just magically show up on that policy page unless eBay's AI is pulling a HAL 2000 on us. 😂
Re: Slow process of payments lately
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‎11-20-2024 12:34 PM
@valueaddedresource wrote:It is not a glitch, it's an intentional policy change implemented very recently, likely with the goal of purposely adding a small amount of "friction" to the payout process in order to "nudge" sellers to use the express payout option for a fee.
They snuck in a stealth policy page update a couple weeks ago saying that weekend payouts will be processed to your bank on Monday now.
@babyers88 actually looking at that same page today, it looks like they've changed it again since I took that screen shot a few days ago.
https://www.ebay.com/help/selling/getting-paid/payouts-work-managed-payments-sellers?id=4814
Here's what it looks like now:
