New Rule - eBay to hold sellers funds for 14 days

[charliethethird]

Effective February 2025, ebay will hold private sellers funds for 14 days if the order is posted with an un-tracked delivery service (such as Royal Mail 2nd Class).

I think it's a brilliant idea if they want private sellers to leave the platform in their masses.

More info here:

https://www.ebay.co.uk/help/selling/getting-paid/getting-paid-items-youve-sold?id=4814

[greyt2007]

Mmmmmmm - take a look at Tesla's business model. The Roadster is a classic
example.....deposits taken 3 years ago, then the new Model pre-sold raised
a Billion $.....it's smart business if you can get away with it
unfortunately....in the UK Gerald Ratner built health club in Henely on
Thames on presold joining fees....use other people's money - philosophy of
the rich.....
ᐧ

[bra-516896]

Anyone know what happens if buyer cancels order and I agree, it’s not a problem , but do eBay refund them out of my cleared funds and still take 14 days to send me the funds the buyer just paid as obviously there will be no tracked delivery , I hope makes sense .

[madkatshop]

It should only take two days then for the funds to go back to you. I had to cancel an order and refunded from the clear funds and I had money back into the balance two days after 

[bra-516896]

Thanks ,just wondered if it was going to be another convenient eBay wheeze to cling on to your cash .

[megahawk0]

totally. EB are making millions on interest of our cash by withholding funds

[wintersdawn1]

Their greed is really out of control now:

• Buyer Protection Fee – a total lie, they are just pocketing the money.
• Holding private sellers money - earning interest/investing.
• Simple Delivery - once mandatory ebay will make money on every postage label for every item sold.
• Hiding listings - ebay are hiding sellers listings so they have to pay to make them visible again.
• Disabling the invoice facility - buyers are forced to pay BPF on each item so no combining orders now.
• They make the buyer pay higher postage if a seller only offers one carrier.