payments

[leobenjam]

Since Ebay has chosen to cut paypal out,payments for sold items are taking longer to reach bank accounts! I realize this may do well to get rid of scammers,but they want you to ship in a still timely manner b 4 payments hit bank accounts!! This will hurt Ebays reputation of fast e z transactions! They have slowed the process waaaaay down!!

[stuff4divas]

There are lots of sellers who have been on ebay's Managed Payments system for over a year, including me, and we love it

I guess it is more digestible if you are not living on payment to payment 

There are other online platforms where the package has to show delivered and the buyer has to show they accept it without a complaint before the seller gets paid

[myhomeschooldelights]

@leobenjam 

MP has been around for a couple years now and is running pretty smoothly.  I am very happy with it.  The most important advice I can give to anyone new to it is to take the time to completely familiarize yourself with the loads of information available on the site about how it works.  There are a lot of details and I found that for me, at least, once I had my head wrapped around them and understood all the differences with the new system, my life improved greatly.  That, and being prepared financially.  You've GOT to leave a window of time for the processing of funds when you first start.  If you haven't done that it will take some catching up.    Also regarding shipping time, you can always extend your handling time if you want to, and that way you won't need to ship before the funds become available in your account.  Personally, I would not recommend that, but it's an individual choice.

[kensgiftshop]

@leobenjam 

I still ship same or next day, there's no reason to put off shipping.

It'll only hurt the sellers reputation, the ones that won't ship until the funds are in their bank account.

[buyselljack2016]

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@leobenjam wrote:

Since Ebay has chosen to cut paypal out,payments for sold items are taking longer to reach bank accounts! I realize this may do well to get rid of scammers,but they want you to ship in a still timely manner b 4 payments hit bank accounts!! This will hurt Ebays reputation of fast e z transactions! They have slowed the process waaaaay down!!

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I have been in MP for nearly 2 years.

No buyer has been required to wait for the funds to be in my checking account.

The payment process has slowed, but there has been no change in my shipping time.

I ship within the handling time stated in my listing. It is not dependent upon me having the cash in hand.

Sellers wishing to wait have that option, but it is not eBay that is slowing the shipping process waaaaay down.

When eBay MP shows "awaiting shipping" the buyer payment has been confirmed, and locked in. Then just a matter of processing. It was nice when PP "fronted" the payment while it was processing.

[disneyshopper]

I have been in Managed Payments since October 2018.

In my experience, it takes 4 days from when the buyer pays to when the payment (less FVF) is credited to my checking account. My checking account is with a major bank. When I was using my federal credit union checking account, it took longer than 4 days.

I have a 1-day handling time, and I have specified daily payouts since I am a low volume seller. When the item is in Seller Hub > Orders > Awaiting shipment, I ship.