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Selling on ebay - payment on hold?
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Selling on ebay - payment on hold?Posted:

Dalm
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Has anyone had experience with selling on eBay as I have recently sold an item but the payment is 'on hold' on PayPal and I am unable to claim it up to 22 days.

I feel like the buyer could charge back and get his money plus my item? I'm not too sure how this works which is why I am looking for help here, I have researched it and can't really find any answers I am looking for.

Does anyone know what the deal with this is?

Thanks, all help appreciated and I shall give rep of that means anything
#2. Posted:
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Back when I would sell things on there, all my payments would get put on hold for about 3 weeks or until the buyer confirmed they got the item. If the buyer never confirms they got the item/leaves a review, you'll just automatically get the payment once those X amount of days are up. I've never had a buyer dispute the money after receiving the item so i'm not too sure how that works, but I would assume you could just upload proof of tracking and you would be good to go.

Also, the payment holds are mainly just for new sellers. I read somewhere on the site that once you reach a certain amount of positive reviews, the payments will start coming in almost instantly.
#3. Posted:
KingTaco
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-Simplicity wrote

Also, the payment holds are mainly just for new sellers. I read somewhere on the site that once you reach a certain amount of positive reviews, the payments will start coming in almost instantly.


you get the payment about 2-3 days after the buyer get the item
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GeordieXbP
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This happened to a relative the other day mate, she'd been using E-Bay for years but apparently something had gone wrong between PayPal/Ebay. Date also displayed the beginning of Unix time for payment clearance lool.
#5. Posted:
samule
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I used to have this issue. I believe ebay has this weird policy that if you aren't a "trusted seller" through their service, they will wait for the person that purchased an item to receive it and make sure everything is all good. It is bad for the seller, but it makes sense on ebays side just because they don't to have to go through a process on refunding. I used to have the 21-22 day wait when I sold about 5 rghs on ebay.
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Until the money is completely in your PayPal, (NOT ON HOLD) you dont send nothing. Only ship out items that your customers have paid for, if it says anything, like ''Payment pending, Payment On Hold'' etc, then dont do anything, just contact the seller and ask them whats going on.
#7. Posted:
XboxPrestige
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Mikey wrote Until the money is completely in your PayPal, (NOT ON HOLD) you dont send nothing. Only ship out items that your customers have paid for, if it says anything, like ''Payment pending, Payment On Hold'' etc, then dont do anything, just contact the seller and ask them whats going on.


Completely wrong advise.

As others have said, the payment is on hold as a security precaution because Dalm is either a new seller, it's a large transaction or his account has been inactive for some period and they just want to make sure everything runs smoothly. It sucks for the consumer but from a business point of view, good decision.
#8. Posted:
Rui
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Mikey wrote Until the money is completely in your PayPal, (NOT ON HOLD) you dont send nothing. Only ship out items that your customers have paid for, if it says anything, like ''Payment pending, Payment On Hold'' etc, then dont do anything, just contact the seller and ask them whats going on.


Unfortunately you're are completely wrong.

The payments are put on hold for new sellers to make sure the money that they have received has not come illegally , so they tend to back trace it, i.e checking with the persons back and history of the seller and to run a few details of the seller.

Once you have sold more items/got reviews then your account is no longer looked in to bu paypal only to verify payment.

3rd Once payment is put on hold/received you MUST send the item.

Advice: When posting item's make sure to always get a receipt of shipping then you will always have proof of shipment that way the item can be traced to were it's being delivered this way it will cover you.
#9. Posted:
Mario350
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ebay is a scam site now which alot of people do charge backs, its best to use a non scam marketplace, but when i was selling stuff before kijiji and craigslist was a thing i would sell on ebay before it became a scam site for scelpting and price hicks all my payments would be on hold until the buyer claimed the item arrived, which sounds like the buying wants to take his money back(which is why i stopped using paypal) anyways if you dont get the money within another week id contact the buyer/ebay/paypal about it
#10. Posted:
Dalm
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It is because I am a new seller and the transaction is moderately high as well. The buyer recieved said item last week now and have good feedback etc to help with the funds being released earlier. It says on eBay I get the money on the 26th even though it's still on hold

Really annoying now especially as I am going away soon it would be handy to have. PayPal aren't great at their replies and neither is eBay
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