31-12-2018 12:27 PM
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 ?
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
When you post an item there is space to add the tracking number....if you do this at the time you dispatch then within 7 days (generally less----3 days after delivery) the funds are released......adding tracking now will still mean funds are held for at least 3 more days if the tracking shows delivered.....you only have feedback for 4 sales on this account & all those more than a year ago....so you are deemed a returning or infrequent seller.......
Any seller who goes 2-3 months or more with no sales can expect to have the hold applied
NO MONEY is held in any eBay account....the money is with Paypal...allocated to your account awaiting clearance after proven delivery
• As a new, infrequent or returning seller your first few payments are subject to a 21 day security hold
• This is to ensure you are genuine & have the items you advertised for sale
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• When you look in Paypal (all activity) and it says "pending OK to send" then you must send the item
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• Your funds will be held for 21 days in order to allow you to send the goods, for them to arrive & be checked by the buyer & for any possible issues to be resolved
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• This process can be accelerated to just 7 days if you send the item by a tracked service with online delivery confirmation. When you add the tracking number to eBay & Paypal & it shows delivered then on day 8 the funds are released
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• More info here (but feedback is no longer used for confirmation of delivery) https://www.paypal.com/uk/webapps/mpp/security/ebay-payments-learn-more
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• This is also for your protection as new accounts or those not often used for selling are generally those targeted by hackers. If Paypal released the funds before a problem was noticed & the hacker got away with the money.....they as your account was used...YOU would be responsible for the refund
@eriainollma72
If your account were not very active....some fraudster got hold of your details, changed your email addresses so you did not know about it & then fraudulently sold 100 x-boxes which did not exist for £100 each.....the fraudster then got access to the money straight away......but because it was your account which had been used & eBay/Paypal then came after you for the £1000 in selling fees & £10000 in refunds to the buyers who had been scammed....what would you then say ?? That more should have been done to protect your account ?? That the fraudster should not have been allowed access to the money ??
This is not a scare story.....it happens regularly on eBay....but in most cases the payment holds prevent the real account holder being bankrupted
The holds are nothing to do with eBay considering you to be a fraudster......they are to prevent you becoming a victim of fraudsters
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
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:
In my view eBay is not a suitable selling platform for any transactions where the seller requires instant and irreversible payment.
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