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I suppose sellers could just declare that they're not going to post anything until funds have cleared but that would make transactions incredibly slow!
There’s no way I’d be posting anything until funds were cleared in my bank.
Same as I wouldn’t post something that was posted with an e-cheque until it cleared into my PayPal account.
I’ve actually sold 2 items last week (non-bike stuff, had nowhere else to sell it) and payment was by PayPal as usual.
Is the straight to bank account method something you have to opt in to our a choice at checkout? Bought plenty stuff since it came about but still always just using PayPal.
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Is the straight to bank account method something you have to opt in to our a choice at checkout?
I think it was like a ‘we would like you to change your settings to ebay managed payments’; they’re targeting people at random to try the new system. I may have had the choice to opt out but I foolishly just went along with it.
Payments are still paypal so no change there but the time it can take to get your money is ridiculous. I had one payment complete in a couple of days but if someone buys from you at the end of the week, everything stops at the weekend and it’s about five days all in before the money is in your bank.
A lot of sellers on the ebay forums are absolutely f’in livid about it!
I've had a mildly reasonable amount of ebay sales over the last few weeks and I've basically had to accept that in most cases the item is in the buyers hands at least a day or two before I actually have access to the funds.
Luckily everything has gone smoothly and bike parts are relatively low value but I dread to think how long it'll take to sort out if there's ever any issues with anything.
I suppose sellers could just declare that they're not going to post anything until funds have cleared but that would make transactions incredibly slow!