Ebay Balance

Is this a glitch with ebay balance? the money from my sales this week is in ebay balance within 24 hours of the buyer paying. 

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Ebay Balance

No it is not a glitch but a rule change.  Private Sellers now get paid within 24 hours of the buyer's payment if they meet certain criteria - 10 or more sales with a combined total of £150 or more within the last 5 years, no more than 2 currently open requests/cases, and no more than 2 transaction defects within the last 12 months.

 

Criteria to receive funds faster

 

Private sellers with a strong sales history will receive their funds in their eBay balance typically within 24 hours of the buyer's payment, unless subject to a hold. To qualify for this payment experience, you’ll need the following:

  • At least 10 completed sales with a combined total of £150 or more within the last 5 years
    • We’ll only count sales that didn’t have a refund, return, chargeback, cancellation, or case
    • We’ll look at all sales 5 years from the current date. For example, if it’s 6 August 2025, we’ll look at sales since 6 August 2020
    • We'll add up the subtotal for each sale (item price + postage costs) to work out the combined total
      • For orders using Simple Delivery, we'll only include the item price
      • We won't include any additional fees or taxes that the buyer was required to pay at checkout
  • No more than 2 open requests, cases, or transaction defects in the last 12 months
    • An open request or case is when a buyer reports an issue with their order that hasn't been resolved yet
    • We count a transaction defect when either of these things happen:
      • The seller cancelled the order unexpectedly (e.g. because it was out of stock, or because they sold it to someone else)
      • eBay reviewed a case and found the seller responsible

You can track your progress toward meeting these criteria in the Payments tab of My eBay or Seller Hub.. We’ll evaluate each order for 15 days after it's placed before adding it to the tracker, and we’ll remove an order if issues arise.

 

We'll notify you once you qualify for the new payment experience, and it will apply immediately for new orders (unless subject to a hold). Funds for orders that sold prior to qualification will continue to be paid after item delivery.

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Ebay Balance

I think it's another change.

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Ebay Balance

Hi 292angela, thanks for your post.

 

We've introduced changes that allows you receive faster payments. However, certain criteria has to be met for you to get faster payments. I'd say your transaction met the criteria, and that's why your funds were released quicker. Full announcement of the changes in question can be found here.

 

Thank you,

Marco


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Ebay Balance

eBay continue to create barriers for private sellers, obviously they would prefer everyone buying from business sellers, but if you do that then you're just going to end up with all UK business sellers being outcompeted by Chinese drop shipping who will charge less for the exact same item.

 

eBay appears to want to turn the site wholesale into Temu and Aliexpress. 

 

NB most things on eBay now that aren't hand made can be bought for less by going direct to the country the goods came from - China, Aliexpress.  

 

Amazon is now littered with these too and they have replaced most British sellers who import the goods and sell under their own shop with cheaper identical items. China is the world's producer, makes sense to shop direct and avoid all these platforms taking their pound of flesh. 

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