Scheduled Payments to Sellers

[baybookbuys]

Has scheduled payouts been withdrawn so that Ebay can put my money in a HOLDING BALANCE Account and make interest on it?

[tressygirl]

eBay Balance starts to day so if you want a daily payout you can still do this but it's just not done automatically,  you need to click to withdraw.

[a45heaven]

This is just for Private Sellers still though ? Business Sellers' scheduled Payouts continue as previously set up?

[shootfourthestars]

Not true it now takes a day for ebay to release the funds so you can't withdraw it until the second day at the earliest 

[sml192]

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@shootfourthestars wrote:

Not true it now takes a day for ebay to release the funds so you can't withdraw it until the second day at the earliest 

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It doesn't necessarily take at least a day for funds to be released, it can be anytime within 2 days (payment holds aside) as evidenced by the poster in this thread:

https://community.ebay.co.uk/t5/Seller-Central/new-payments-for-sellers/m-p/7694877#M683022

It will likely depend on how established the seller is (frequency of sales) and possibly on how the buyer pays, PayPal or Card.  Card payments take 2 days to process (reach fulfilment).

[Anonymous]

A not true... not true

I sold an item at 22:15 last night, the payout for that item was sent to my bank around 4am this morning.

Any item that I've sold up until midnight in the last 3 months seems to get paid out the next day, before that my funds wouldn't be available until after the item had been delivered so for sellers in that scenario it will obviously take longer.

I was expecting it to be different today because the new payout system came in but strangely I still received an automatic payout with that account.

My other account didn't receive an automatic payout so I had to do that manually with the new system.

[sml192]

Are both your accounts private?  Business sellers will still continue to receive scheduled payouts. 

[vintique*violet]

True and only if there is a " withdraw button" Mine appears not to have one ? 

[vintique*violet]

How did you do it manually - there does not appear to be a Withdraw button on my page? Just a total balance section showing funds ready to withdraw??? 

[wysiwyg_steve]

My take...

 

[tressygirl · Accepted solution]

I don't use the app so it may be different there,  but on the ol' faithful laptop, click on Payments >>  Summary,  you may need to log in again , a big blue square with your eBay Balance appears, and a > arrow.

Click on that arrow ,  and on the pop up page which appears,  there's a Withdraw button.

After clicking on that my payout appeared within hours into my bank account it is instant for some, presumably depending how quickly your bank can process the payment.

@vintique*violet 

[vintique*violet]

Thank you... long onversation with a very helpful lade at ebay today - there is a glitch with Safari users  and no option to withdraw funds as the button   is not working... so this is being investigated at their specialist tech department. The only way is to use another browser at this time. Appreciate your response. 

[shootfourthestars]

I know how it works but it didn't allow me to do that 🤷