withheld payment until item is delivered policy

Is what E bay doing regarding the withheld payment, policy Legal. I have Sellers level of ABOVE STANDARD. Transaction defaults 0%00.Late delivery 0%00.Have been asked to become aTop Seller. Yet twice after selling items. with a time lapse between sales. I am informed that MY payments are being withheld until delivery .As i am on a probation period.? When I sell an item the buyer is paying me for the goods. Not Ebay. Who are payed a fee for the priviledge of selling my items. Also I am paying for the postal service of the items  without psyment from the buyer until Ebay release the money. Which is in their account . I strongly disagree with this policy. in my instance.  Anyone else of the same opinion ? 

Accepted Solutions (1)

Accepted Solutions (1)

You are a returning seller, so yes its quite legal, and well publicised. Your account may have been hacked in the time it was inactive so its a protection measure

 

 

Enter tracking details and it'll release your money quicker

Answers (4)

Answers (4)

You can disagree as much as you want, the policy is applied to all new and infrequent sellers.

 

If you don't agree with it then you'll have to find somewhere else to sell your items.

 

I also doubt ebay see it as a privilege to sell your or my items to be honest Smiley Very Happy

arkwebus
Experienced Mentor

Regarding your comment about the tracking. Hopefully [though not always] the Customer Service Rep will have entered the tracking details into the listing. If not then you must do so. If you do so [as advised] and when the tracking shows delivery then Paypal will release the money sooner.

 

This is a link:

 

https://www.paypal.com/uk/smarthelp/article/why-is-my-payment-being-held-for-21-days-faq3236?app=sea...

 

In my view eBay is not a suitable selling platform for any transactions where the seller requires instant and irreversible payment.

 

@eriainollma72 

red_magpie
Experienced Mentor

It isn't eBay that's holding it, it's PayPal and you have accepted it in the user agreement.

 

This is done to protect buyers, to ensure that funds are available to refund them if the seller fails to deliver their items. Also to protect eBay and PayPal, who would otherwise have to meet the cost of refunding buyers themselves.

For more information and to learn how to to reduce this holding period reduced see: http://pages.ebay.co.uk/help/sell/paymentprocess-newsellers.html

Ebay make the rules, you agreed to this when you joined. One of the reasons for the 21 day hold is that an account with a break in selling has frequently been hacked and used to list items, collect the money and not deliver. However you would be the one getting all the aggravation from buyers, and the bill for Fees. So you have to prove all over again that you are a good seller. Release of your money can be speeded up by adding tracking to each sale and once delivery is proved, the money is released. This does not of course stop a buyer claiming Not As Described.
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