New Rule - eBay to hold sellers funds for 14 days

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

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Re: New Rule - eBay to hold sellers funds for 14 days

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.....
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Re: New Rule - eBay to hold sellers funds for 14 days

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 .

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Re: New Rule - eBay to hold sellers funds for 14 days

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 

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Re: New Rule - eBay to hold sellers funds for 14 days

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

Message 184 of 191
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Re: New Rule - eBay to hold sellers funds for 14 days

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

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Re: New Rule - eBay to hold sellers funds for 14 days

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.
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Re: New Rule - eBay to hold sellers funds for 14 days

Every time I sell an item MY funds are kept on hold, even a week later with CONFIRMED tracking delivery. 

eBay seller for 11 years with 900+ positive feedback.

This is just eBay holding funds to cream off the interest. Imagine the 100's of millions of sales where payments are held, huge.

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Re: New Rule - eBay to hold sellers funds for 14 days

Looks like you have returned to selling after a long break?  Sudden selling activity raises red flags to eBay as it could be a sign of a hacked account.

 

You may have initial longer payouts on the first few items sold, as eBay wish to see several  safely received by buyers, this showing the original seller has returned to sell on this account.  It's a very good security system,  I'm certainly answering fewer questions on the forum re hacked accounts.

 

Once eBay can see you are sending out items promptly and they are received,  then tracking showing delivery will release a payout 2 days after that delivery date.  No tracking?  The payout is held for 14 days.

 

@bill.payer 

 

 

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Re: New Rule - eBay to hold sellers funds for 14 days

I dont quite get the requirement to hold funds on GSP items, they claim "to ensure its delivered" - well, with their new Simple Delivery and GSP, they state that if anything goes missing then THEY cover it with their atronomical fees / insured postage and charges and buyer protection.  So why can they hold my money, in their bank, gaining interest for 10-20 days?

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Re: New Rule - eBay to hold sellers funds for 14 days

It beats me, to be honest I don't sell much on there anymore since they
changed the rules and I did sell around £8000 worth of fishing tackle a
year.
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Re: New Rule - eBay to hold sellers funds for 14 days

if there is no proof of delivery the seller loses out

if the buyer receives an item via normal post with no tracking and then they claim item not received they get a full refund, seller loses out

Seller has to rely on the buyers honesty, I think 99% of buyers are honest with the 1% who take advantage on claiming for item not received when received

 

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