Does anybody else think EBay has a strategy of delaying Payments as long as possible???

[bimm_corp]

After eBay's decades-long history of deceiving sellers, do you really believe everything they tell you?

[714ricki]

They don't have such a strategy. 😎

[kensgiftshop]

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@joels-retrocade wrote:

It is what is is.  Back when Paypal was the go to; the funds hit your paypal instantly when payment was made and then you could transfer it to your bank same day often getting the money same day.  Now if you get paid it's an automatic one day hold until it "processes"  then by the time its processes next day you have to wait until the next morning to get it to payout.  Then you wait again for it to hit your bank account lol.  So the managed payments definitely added 1-2days of wait to get your money compared to before.

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You know when Pay Pal was processing payments, they had to wait for the funds just like we do.

The only reason they gave them to us so quick, they knew the payment was good and they would be receiving the funds in a couple days.

[tools*]

I just withdrew money from my TD Ameritrade brokerage account by ACH transfer and it took about 14 hours for the cash to appear in my checking account. An eBay transfer takes 3-4 days. So yes, eBay and Adyen probably do profit from the float.

[joels-retrocade]

Regardless of specifics I much preferred it that way lol

[joels-retrocade]

How is it incorrect?  I said the funds hit you paypal instantly which is exactly what used to happen.  I don't care who holds what and when; you got the money as a seller instantly

[bonjourami]

"After eBay's decades-long history of deceiving sellers, do you really believe everything they tell you?"

Deceiving sellers? Sorry, I havent experienced that.Poor treatment of sellers Im more familiar with.

[bonjourami]

PP was one in a million who fronted the funds for sellers,before the transaction was complete, that never happened before, and will never happen again.

[josephb555]

No. Whenever I sell on eBay I get my payment in my checking account in a couple of days.

[iceprimed679]

Ive always got my money instantly. The biggest worry is if the post office of choice gets the item here on time and undamaged.

[havlicekstoletheball22]

I had an ebay payout deposited to my bank account on Christmas morning, and I still haven't figured out the logistics of that one (neither ACH or my bank processes on weekends or holidays).

[ibuyoldstuf]

Excellent, Truthful Response..

[theteamsetguy]

Because the UCC states Saturday, Sunday, and Federal holidays are non business days.

[ibuyoldstuf]

Noted!

Thanks..👍

[theteamsetguy]

Bimm_Corp@,

Why are you still here after decades of deception from Ebay?