Your funds will be available for payout once we receive delivery confirmation

Hi I've just received this message contacted ebay and is being sent to everyone 

 

That's me I'm done no more ebay for me bye bye

 

We are making changes to the way we process payments on eBay. Going forward, we’ll make your funds available for payout within 48 hours after we’ve confirmed delivery of the item. Until then, you’ll see a “hold” on your funds. This process helps keep our marketplace safe.

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Re: Your funds will be available for payout once we receive delivery confirmation

And that is why I’ve pulled listings and stopped with eBay.

 

dictating what delivery service I use is a NO from me. RM is a 2 min walk and I send everything tracked 48.

 

i won’t be entertaining a car journey to some random shop for bloody yodel or evri 

Message 1021 of 1,054
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Re: Your funds will be available for payout once we receive delivery confirmation

You can opt out, it's VERY clear on that

Message 1022 of 1,054
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Re: Your funds will be available for payout once we receive delivery confirmation

Currently you can opt out but the CEO is on record saying he wants it mandatory before the end of Q1. Weeks away ...

They've done a recent update to it too, where sellers can set preferences but if eBay/their AI system decides to do it a different way that will still happen. They left a breakout clause for themselves that way.

& off memory they can now update terms and conditions every 15 days now, down from 30 so they still have 2 more chances to unleash it on us.

Message 1023 of 1,054
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Re: Your funds will be available for payout once we receive delivery confirmation

He's now on record saying he wants it mandatory before the end of Q2!

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Re: Your funds will be available for payout once we receive delivery confirmation

Yes, I've seen. We kind of posted the same kind of thing on "valued's" new thread. I think I was 1 above you.

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Re: Your funds will be available for payout once we receive delivery confirmation

Well   (fingers crossed) so far releasing our funds after 2 days appears to be working 🙂  We can live with that.

 

Simple delivery, however, once mandatory for us will be a game changer if it works as we suspect.   That will be the end of Ebay for us.

Message 1027 of 1,054
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Re: Your funds will be available for payout once we receive delivery confirmation

Did you hear the latest news @1956glyn  ?

 

SD has been pushed back to Q2.  However,  the CEO Jamie Lannone is saying it will be mandatory.

Message 1028 of 1,054
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Re: Your funds will be available for payout once we receive delivery confirmation

Yes i guess i better get listing now then lol

 

Shortly we are having a bill for nearly 2k 😞    Every bit will go towards that.

Message 1029 of 1,054
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Re: Your funds will be available for payout once we receive delivery confirmation

Was that said as part of the latest quarter's financial report?  I was looking for a new thread about ebay's figures yesterday but with the time difference perhaps we only see them today?

 

If so, where did you see them?

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Re: Your funds will be available for payout once we receive delivery confirmation


@theelench wrote:

Was that said as part of the latest quarter's financial report?  I was looking for a new thread about ebay's figures yesterday but with the time difference perhaps we only see them today?

 

If so, where did you see them?


It was reported by a member today here on the forum, it was  very informative,  I will try and find it for you.

 

@theelench 

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Re: Your funds will be available for payout once we receive delivery confirmation

The elimination of selling fees for consumer-to-consumer sellers for all
items excluding cars sold domestically in the UK is also expected to
pressure eBay's take rate, which is how much money a business makes from a
transaction.
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Re: Your funds will be available for payout once we receive delivery confirmation


@tressygirl wrote:

@theelench wrote:

Was that said as part of the latest quarter's financial report?  I was looking for a new thread about ebay's figures yesterday but with the time difference perhaps we only see them today?

 

If so, where did you see them?


It was reported by a member today here on the forum, it was  very informative,  I will try and find it for you.

 

@theelench 


Found it,   scroll down  the forum page to poster....valueaddedresource  post titled ... Simple Delivery Mandate pushed to Q2

Message 1033 of 1,054
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Re: Your funds will be available for payout once we receive delivery confirmation

Thanks, I've looked at SC, the BSB and even the blog we can't name.  But didn't see any mention of the results yet.

Message 1034 of 1,054
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Re: Your funds will be available for payout once we receive delivery confirmation

Found it.  Don't know how I missed that !  Thanks again.

Message 1035 of 1,054
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Re: Your funds will be available for payout once we receive delivery confirmation

Can I ask is this related to the thread subject ? Are you on the wrong
thread or should be starting a new?
Message 1036 of 1,054
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Re: Your funds will be available for payout once we receive delivery confirmation

What's the problem?  Simple delivery will eventually, and ultimately, be responsible for when 'funds are available for payout' to private sellers.  This will have a much greater impact to private sellers than fund holding alone.

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Re: Your funds will be available for payout once we receive delivery confirmation

Offer free post then you can be forced to use simple delivery and you can
choose your own service & carrier. My listings will be free Royal Mail &
I'll increase the item price. If a buyers paying postage they look for
lower item price & vice versa. I always half the postage price so I'll just
offer free shipping & add £1.75 to item. The buyer is still getting a good
deal, I'm not out of pocket. They still get the tracking number against the
order as I manually input and delivery status will do exactly the same as
it currently does. Really makes no difference as eBay has turned off
delivery links with couriers so they'll never show delivered. All I'm
concerned with is knowing I have proof it's delivered & buyer has tracking
number
Message 1038 of 1,054
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Re: Your funds will be available for payout once we receive delivery confirmation

You obviously didn't see eBay's CEO announcement to investors yesterday.  It included:

 

"We will continue to ramp Managed Shipping throughout Q1 as we add features and fine tune the program and plan to begin mandating it for UK C2C sellers during Q2." - the key word being mandating.  You will not have the choice as a private seller; something I disagree with but eBay make the rules and seem determined to push through.

 

It was also stated that a free postage option would be made available however it was intimated that it would be by eBay's preferred carriers and the postage would be "automatically deducted from sellers' earnings".

Message 1039 of 1,054
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Re: Your funds will be available for payout once we receive delivery confirmation

Well if private sellers are not selling then there are no  earnings to be automatically deducted from!

 

It is a huge mess to say the least. 

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