on โ20-11-2014 09:13 PM
I think in the 6 months since I began selling again, I had a grand total of 2 echeques, I never saw them
But, I currently have 3 echeque payments awaiting clearance sitting in my sold items folder! Damn these things are annoying, because who wants to bet the buyer wont realize they've done it and I'll get the blame for slow postage?
Has there been a recent increase lately?
on โ20-11-2014 09:22 PM
I dont mind the Echeques they normally take 4 or 5 dasys to clear, but if Paypal are now holding sellers funds for 21 days does an Echeque have to wait 21 days after Paypal clears it as well as the 4 or 5 days for original clearence???? Just Interested
Crowsman
on โ20-11-2014 09:23 PM
๐ I'd rather have 3 echeques waiting to be cleared than 3 unpaid items cases. ๐
on โ20-11-2014 09:32 PM
on โ20-11-2014 09:39 PM
Do you know if Paypal holds your funds for 21 days for only new sellers? Because I want to get start selling again after a year of not selling anything, but my selling account has over 1000 feedback.
on โ20-11-2014 10:04 PM
@crowsman53 wrote:I dont mind the Echeques they normally take 4 or 5 dasys to clear, but if Paypal are now holding sellers funds for 21 days does an Echeque have to wait 21 days after Paypal clears it as well as the 4 or 5 days for original clearence???? Just Interested
Crowsman
That is what I'm trying to figure out. The E-cheque is the top one, on the same acc of course, so I am thinking that the "Completed funds not yet available" will pop up once the "pending" goes.
on โ20-11-2014 10:21 PM
eCheques just seem to be one of those things, like bank deposit - I'll go for weeks without anyone paying by BD, then several people will over a few days. Sometimes PayPal will also process a payment as an eCheque even though the buyer has an instant funding source, and quite often in those cases there's nothing at the buyer's end to indicate the payment is still pending clearance. It's also worth mentioning I had a spate of failed eCheques recently (9/10 in point of fact many of which were repeated attempts by two different buyers to actually get an item paid, one mentioned that it was the bank which rejected the debits despite having more than enough funds, rather than it being caused by PayPal
I have a message template that I copy/paste and send everytime I receive an eCheque, which - along with the usual post-sale pleasantries - simply explains that I'll post the item(s) as soon as PayPal have processed and cleared the eCheque, then I give the estimated clearance dates (from the notification) and mention they'll receive email updates as their order progresses (the automated ones, I mean), and sign off with the standard invitiation to contact me if I can help with anything else. Only takes a couple of secs to copy / paste / fill in the blanks, and so far no one has ever queried or disputed anything, nor given a low rating for postage time etc as a result of clearance time.
on โ20-11-2014 11:22 PM
on โ21-11-2014 10:00 AM
One buyer after paying by e-cheque asked why they haven't received their item yet and it was only 3 days after they paid and the e-cheque still hadn't cleared,if buyers pay by an e-cheque then expect to have your item delivered no earlier than 10 days as PayPal tell sellers not to post until funds have cleared.
on โ21-11-2014 11:42 PM
I don't think a lot of buyers know that their payment has spawned an echeque. I can't remember the reason they happen, but I *think* it has something to do with having no funds in their PayPal account and the money coming out of a savings account and they have no credit card linked to their account.
PLEASE, someone correct me if I'm wrong as I don't want to give the wrong information.
The rare occasion I get an echeque, I message the buyer and let them know their payment has come through that way and it will take a few days to clear. I also tell them I will let them know when it has cleared and that I will post their item that day. One took nearly 2 weeks to clear and I have no idea why it took that long! Mine normally take 3-5 days.
One buyer replied back and asked what an echeque was, so it certainly wasn't something they had done themselves. I've found by letting the buyers know, they don't trash my stars for postage time.