why the delay?

[keziak]

I was disappointed to find out that my Sunday sales won't be paid out today (1st) but a week from now. I wonder why? Isn't the program automated? Are there humans handling it and they had Memorial Day off?

[mam98031]

MP processes Transfers on Business Days Only since the summer of last year.  And as you know today is Memorial day a National Holiday, so no transfers today.  While I'm certain Ebay could handle doing the transfers, the ACH banking system they use for the transfers are not open on Holidays.  So Ebay can't sent the transfers.

[lamber9347]

Of course it is automated but only on business days. Memorial Day is not a business day but a national holiday. Best of luck to you....

[keziak]

thank you, I didn't consider the banking side of it.

[sunrize33]

Very true on the holidays and I served for this country and respect Memorial Day.  But PayPal would have had the money in your account straight away which is the point of much contention.

[tvcollectibles]

If you look on your Payout Details, you'll see that starting on Friday, May 28th, all transactions then onward have a notation at the bottom of each one reading:

"Processing- to be completed on Jun 1"

Meaning they will not be tabulated until the 1st and we will get it on the next payout, which is June 8th.

My question is why?

If it's a problem for eBay to manage payouts on a holiday weekend, then why isn't payouts on some other day than Tuesday?

[spreadlovelikefire]

Totally agree.  Processing is all automated, no reason why our payments can't be processed during weekends and holidays.  So every holiday that falls on a Monday I have to go in and change my payout to daily or my check will only have 3 days on it.  Seems a bit drastic if you ask me.  More than half the week is to be processed late due to one holiday on a Monday.  

[valueaddedresource]

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@keziak wrote:

I was disappointed to find out that my Sunday sales won't be paid out today (1st) but a week from now. I wonder why? Isn't the program automated? Are there humans handling it and they had Memorial Day off?

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@keziak  it sounds like you already got the answer for the "why", but just FYI if you are on the weekly payout and run into this issue on holiday weekends but don't want to wait that whole extra week, you can always flip your settings to "daily" to get the payout moving and then flip back to weekly if you prefer.

[tvcollectibles]

> If you look on your Payout Details, you'll see that starting on Friday, May 28th, all transactions then onward have a notation at the bottom of each one reading:

"Processing- to be completed on Jun 1"

Meaning they will not be tabulated until the 1st and we will get it on the next payout, which is June 8th. <

So it looks as if what goes on here is that on holiday weekends where the holiday falls on Monday, sales end for sellers at the end of business Thursday so that they can tabulate your sales for the week on Friday (since no one will be there on Monday) and it is sent out first thing on Tuesday when they return.

Sure enough, soon as eBay opened today, I got my weekly notification that the payout was going out.

Can't help but wonder though, why eBay specifically chose Tuesday for payouts instead of a Wednesday or Thursday to avoid this from happening.

[mam98031]

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@sunrize33 wrote:

Very true on the holidays and I served for this country and respect Memorial Day.  But PayPal would have had the money in your account straight away which is the point of much contention.

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But we aren't talking about PP.  It is clear that MP does not function like PP.  To continue to compare the two programs will only cause stress and will not result in anything changing.  So what is the point.  

We are all just trying to learn how to deal with what is before us.  IMHO it serves no purpose to add stress that just isn't needed.  There is enough to deal with as it is.

[mam98031]

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@tvcollectibles wrote:

If you look on your Payout Details, you'll see that starting on Friday, May 28th, all transactions then onward have a notation at the bottom of each one reading:

"Processing- to be completed on Jun 1"

Meaning they will not be tabulated until the 1st and we will get it on the next payout, which is June 8th.

My question is why?

If it's a problem for eBay to manage payouts on a holiday weekend, then why isn't payouts on some other day than Tuesday?

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Actually, for me, the question is How were they able to do this BEFORE on holiday weekends but something changed the last couple of holiday weekends when the holiday falls on a Monday.

Before this, Pending payments were still getting processed over the weekend.  Maybe not as fast as they would on other non holiday weekends, but processed nonetheless.  So personally I'd like to know what changed.  

I'd also like to know why NONE of Thursday's payments were processed from Pending.  It is 1-2 days for the pending process.  Thursday's payments received could easily be processed by Friday.  In fact in previous weeks with or without a holiday, many of mine are.  But now they are telling us that none are going to be processed from Pending to Available.

These are the questions I have.

[mam98031]

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@tvcollectibles wrote:

> If you look on your Payout Details, you'll see that starting on Friday, May 28th, all transactions then onward have a notation at the bottom of each one reading:

"Processing- to be completed on Jun 1"

Meaning they will not be tabulated until the 1st and we will get it on the next payout, which is June 8th. <

So it looks as if what goes on here is that on holiday weekends where the holiday falls on Monday, sales end for sellers at the end of business Thursday so that they can tabulate your sales for the week on Friday (since no one will be there on Monday) and it is sent out first thing on Tuesday when they return.

Sure enough, soon as eBay opened today, I got my weekly notification that the payout was going out.

Can't help but wonder though, why eBay specifically chose Tuesday for payouts instead of a Wednesday or Thursday to avoid this from happening.

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This has nothing to do with anything.  Please see my first post on this thread.