Funds on hold

I have just sold a couple of items on eBay to be informed funds on hold as new seller. Even though I have been selling for ten plus years with over 500 sales and 100% positive feedback. Trouble is I don't have the money to pay for postage as I was selling due to being short of cash and use the funds to pay for postage. So I am stuck as they won't release the money until delivery is confirmed. Not sure what to do maybe just cancel orders but don't really want to let them down. Not sure if anyone else has been in this situation 

Message 1 of 2
See Most Recent
1 REPLY 1

Funds on hold

jckl1957
Experienced Mentor

You are an infrequent seller who has recently sold two high value lots.

If you look at 'payment holds' (see the link below) you will see that this is part of the terms and conditions you accept by selling on Ebay.  Payments may be held for 30 days.

You must also consider that buyers can return items for up to 30 days and would have to be refunded in full, possibly leaving you in financial trouble.

If you let these buyers down, they can leave you negative feedback which, as you only have a few recent sales, would have a serious impact on your account.

Can you not arrange a short-term small overdraft, borrow from family or use a credit card to pay for postage?

 

https://www.ebay.co.uk/help/selling/getting-paid/getting-paid-items-youve-sold/payments-hold?id=4816...

"There are two ways to be fooled. One is to believe what isn't true; the other is to refuse to believe what is true.”
Søren Kierkegaard, Danish philosopher (1813 - 1855)
Message 2 of 2
See Most Recent