Where is my sale’s money?!?$?!

[discountstore57]

EBAY indicates that the buyer paid.  We sent the items.  We have not been paid by EBAY.  The money has not been sent to the bank.  If you can’t pay us in a timely manner, why should we ship before you pay us.  You owe us slot of money.  Pay

Thank you,

Owner

[mobley120]

"Maybe, but the OP's statement "If you can't pay us in a timely manner . . ." led me to believe he thought he was addressing eBay"

Darn it Jim, such is very true,  analogical and technical correctness; I can't disdain that.

I guess the android syndrome is becoming brighter and brighter with every passing day, wether such is due to the repetitious reps or the cyber world bots, you have brighten the point of a leadless pencil.

Live long and prosper

[mtgraves7984]

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@steelernation2007 wrote:

Original poster isn't the only one wondering. I'm set up for daily payouts and that's not happening. Sold two things on Saturday and they are already in the mail, but my payments still say "processing". What takes so long to process? This is the year 2021 when everything digital is supposed to be progressing, not regressing. It's like Ebay has went backwards 20 years. I'm literally fronting items to sellers hoping that I'll be paid. For those who say it's no different from Paypal, they are wrong! My funds were always instantly available on Paypal. Ebay is ruining their own business model. Because the longer it takes me to get my funds, the less money I have to spend and put back  into Ebay!

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@steelernation2007 

"Set up for daily payouts" and 'same-day' payouts are two different things. One exists, one doesn't.

I opted into MP during August, 2019 and chose 'daily payouts'... I experience my buyer's payment being my bank deposit in 4 business days. I've never  had a payout not  move all the way to 'Completed' once it begins 'Processing', FWIW.

[steelernation2007]

I appreciate the explanation. That's a lot of days out of the year to not expect payouts. Completely ridiculous. They ruined a system that was totally fine and made a complicated mess out of it. All because of greed and control.

[mr_lincoln]

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@steelernation2007 wrote:

I appreciate the explanation. That's a lot of days out of the year to not expect payouts. Completely ridiculous. They ruined a system that was totally fine and made a complicated mess out of it. All because of greed and control.

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@steelernation2007   Well, not to belabor the point but they further manipulate Sellers' money when they are on Weekly Payouts like myself.   I want to pick which day of the week I get that Payout but eBay flat out said there was no choice and Tuesday is that day.  So as a result of that any Weekend with a Monday Holiday Sellers can get stiffed from sales over the weekend ... yep, happens a lot.  This year they stiffed me one Monday holiday week for over $ 1000 ...

I prefer weekly payouts for a number of reasons, accounting being one of the biggest reasons.  I'm not looking for more to do but with eBay that's unavoidable ... I did NOT want to have to check with my online banking everyday to see if I got paid NOR make numerous daily entries in my check book.  I also only took money out of PayPal about once a month BUT did that when I decided to. 

Now, here's the kicker and this is the first time I have shared this chart but there are on average 6 Monday Holidays per year when banks are closed and MORE then that in some years ... yellow on the chart represents Monday Holidays.  The two black ones are new Years day falling on a Sunday and I forget if banks celebrate that holiday on Mondays.  Columns O and P cover a 10 year period, about 100 holidays and 62 are on Mondays, 64 if the two new Years days are observed on Monday the 2nd ... this excludes Good Friday, where in some states, they recognize it as a Holiday and banks are closed ...

Rhetorical question here:  "Why would eBay pick a Weekly Payout day whereby they can withhold Sellers' money and thus retain it for an additional week?"  And, "why would eBay NOT payout later in the day on Tuesdays following a Monday Holiday since the day is 24 hours long?"  They apparently cut off payout tabulation Monday night for the Tuesday Payout.  That week I got stiffed for  $ 1000 BUT they had switched about $ 930 from Pending to Available by the middle of Tuesday afternoon EASTERN TIME, which meant is was still noon on the West Coast where eBay resides.  My view " Hey, its still Tuesday, PAY ME!"  So am I the only one who knows this or did their bean counters come up with an ingenious way to hold money longer then necessary?

This is all factual with no reason or explanation as to why Sellers can not have their Weekly Payouts days any day (Mon thru Fri) that they want.

[veronicabooksandart]

Though none can fit on the head of a pin...
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Mind boggling how many can dance on the head of a leadless pencil.

[discountstore57]

Good afternoon,

Yes, this is a member blog.  Yes, we know how the managed pay works.  It is nice to see that we are not the only ones who expect to be immediately paid when the buyer pays for an item.  We can certainly discuss our frustrations.  

[mam98031]

[readabouthorses]

@mam98031 

You need to change the info at the top of your stored info. They have removed all those pinned posts from the top of the Payments Board.

[mam98031]

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@readabouthorses wrote:

@mam98031 

You need to change the info at the top of your stored info. They have removed all those pinned posts from the top of the Payments Board.

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Yes, you are correct.  I just haven't gotten to it yet.  They are now on the right side of the screen instead of the top of the board.  I like that much better myself.