Information

[08.bulldog]

Hey all, been reading posts where several members and eBay themselves note that they don't earn interest on held funds. 

My question is when did this policy change come ?

Thanks 

[padi*0409 · Accepted solution]

When eBay implemented the Managed Payments system 3 or more years ago.

[08.bulldog]

Ok thanks mate. Appreciate your help 

[08.bulldog]

You don't know what financial institution handles their managed payments do you? Thanks 

[padi*0409 · Accepted solution]

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@08.bulldog wrote:

You don't know what financial institution handles their managed payments do you? Thanks 

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Yes, it's called Adyen.

https://www.adyen.com/

[08.bulldog]

Thanks again mate I appreciate it. 

[imastawka]

Tip
If a hold is placed on your funds, it will usually be resolved within 30 days, but in rare circumstances it may take longer. For most orders, adding tracking information can help you receive your funds faster. eBay does not earn interest on held funds.

Payments on hold | eBay

[08.bulldog]

Yes I know that, I kinda said that, eBay themselves and members on here have it out there in public information. Once upon a time it was not the case, hence the question. Thanks for your response though 

[davewil1964]

Once upon a time eBay wasn't the payment entity.

So what, given you already know how the current system works, is your question?

[08.bulldog]

Thanks for your question mate, mine have all already answered twice and I'm happy .What is it exactly you want mate? Thought the questions were pretty obvious but hey the more the merrier. Welcome