Funds pending for Ebay transaction....taking forever
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What the heck is the deal? I was paid promptly by an ebay seller and I shipped the next day. The money I "got" is STILL pending in my account after the package has already been delivered. This is ridiculous. I have no bad marks on my account and I shipped promptly. It's saying I won't receive the money for another 2 days. Then, I have to wait even longer to transfer it to my account.
There's virtually no point in selling on ebay when you have to wait 2 weeks to get paid, and then paypal and ebay both charge you fees for the item.
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Ebay and Paypal are 2 separate companies and have 2 separate policies for holding funds for new sellers.
If yours was an Ebay transaction then its an Ebay hold and Ebay authorise when paypal can release the funds.
This is the new seller hold that every single seller on Ebay has or will go through.
Normally for the Ebay hold funds are released when tracking shows the item as delivered + 3 days if you use Ebay / paypal postage.
Info in this Ebay link below about Ebays hold.
http://pages.ebay.com/seller-center/payments-and-fees/funds-availability.html
Advice is voluntary.
Kudos / Solution appreciated.
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This same thing had happened to me as a new seller on eBay! It happens to everyone who wishes to sell on their site because they want to make sure you are not out to rip people off! Let me warn you now, when you sell an item that is up closer to the hundred dollar range (if you haven't already) they may want to hold your $$ from the sale for up to 30 days after the buyer recieves the item! They do this, again, to make sure that what you are selling is actually what you are selling and to make sure it wont have to come out of their pocket when the buyer says the item didnt arrive or it's not what was listed or that it was fake and wants a refund! It can come as a shock but they have the right! After all you are using thier site to sell on! As for the fees, Yeah that part sucks, like life, everyone wants thier part of your money! You have to take that thought into account before listing an item and pricing it... I like selling a whole lot of small things for nearly nothing then to sell one big thing for a whole lot and having to wait forever to sell it. The fees seem small that way too! Good Luck and hang in there!!
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Oh, I forgot to say that at least you don't have to pay the fees right away. Well paypal takes there fee right out of the money that comes in and ebay will bill you with a monthly invoice to pay your seller fees for the entire month (I like to go in and make the "one time payment" method for and after each item sells, this way I don't have another bill to pay each month and they can have their little part of each sale I do right away! So at least there is no out of pocket cost to you to wait for your money.. Only the shipping if you dont use ebay or paypal's shipping label feature.. And as for the limits on your seller account they will increase and you will build trust with ebay and paypal and will be allowed to use thier money and site and payment method to move more money to your bank account! I have a Pay pal prepaid card and a bank linked to my account so that I don't have to wait for my money! I move it right to my card and it's there in real time, as soon as I click the button saying I want to move it! I'll shut up now!!

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