topic Re: Payment in Selling

Payment

ambat113 — Wed, 23 Feb 2022 07:42:15 GMT

Hey Gang

I sold 2 items totaling $655 but only received $575.29 from eBay?
Do you know why $89.71 was not put in my account? Or when I can expect it?

Re: Payment

repentatleisure1952 — Wed, 23 Feb 2022 07:45:03 GMT

Final Value Fees would account for the difference.

Re: Payment

k1ooo-slr-sales — Wed, 23 Feb 2022 08:01:07 GMT

eBay's fee on your sale is 13.4%

eBay's fee structure is no secret. If you were expecting to list and sell for free then you didn't read up on selling.

Some might come here and sympathise with you, saying something like "I understand your surprise, eBay blah blah blah", while others will point out that the 'missing' amount that you will never get is eBay's 'final value fee (including shipping)'

eBay does charge this fee on the transaction total (that includes postage), so $89.71 would indicate that you had a $14.50 (approx) postage charge.

13.4% of $669.50 is $89.71

Simples 🤔

Re: Payment

davewil1964 — Wed, 23 Feb 2022 08:48:10 GMT

On your numbers it's actually $79.71. As to when you can expect it - never. eBay is not a charity, as most sellers know. eBay even tell you that.

Re: Payment

gutterpunkz05 — Wed, 23 Feb 2022 11:18:57 GMT

Hi there, They are called Fees,(13.4% + 30c per sale), time to pay the ferryman. You might also want a maths tutor or a new calculator.

Your 2 sales + postage actually total $665.00

$665.00 @ 13.4% = $89.11 +

2 @ 30c = 60c

TOTAL $89.71 (exactly what you were charged)

Re: Payment

k1ooo-slr-sales — Wed, 23 Feb 2022 11:21:44 GMT

been so long since I sold anything that I forgot about the 30c per item 'fee'.

Good pickup gutterpunkz05.

Re: Payment

gutterpunkz05 — Wed, 23 Feb 2022 11:30:06 GMT

Hi Sir, the OP threw us a bit of curve ball with the incorrect total price, was starting to think all those claiming fees are actually exceeding 20% might have been right after all.

Re: Payment

glenbankloel — Wed, 23 Feb 2022 21:56:28 GMT

Go into Payments Tab, click on Payments,

then click on Payout ID No. that shows for that item (approx 10 digit no.)

Then go into "View".

Clearly shows the fees plus breakdown of the final payment to you.