Managed Payments - slow bank payouts?

[bbqhqnet]

Hi guys, has anyone else been affected by increased wait times for eBay sales funds to come across to your Bank accounts? It used to be 18 - 24 hours with PayPal - now seems to be taking DAYS?

Steve

[kitty-kat-kollection]

I'm with NAB, and mine seem to be taking 3 business days.

[porcelain_dolls_by_me]

I asked my question about payout timing because of Thursday (13/8) our account Payment Schedule showed some $600 of payments was scheduled a "next payout" for Friday (14/8).

Late PM on Friday I noted the Payment Schedule now shows the amount is rolled forward to a "next payout " for Monday 17/8.

I had an online chat session to question the delay in payment and was told it is, and always was, a 48 hour payout time.  I challenged the operator and said I was sure I read somewhere the daily transfer option meant funds were sent the next business day - not the second business day.

The operator said this was never the case and asked where I had read such information.

Any comments would be welcome

[tazzieterror]

How did the operator explain the 48 hour payout time? I'd be asking them to point you in the direction of official eBay policy stating eBay wait 48 hours.

[eastcoastweldingsuppliesptyltd2011]

Its ebay,

I am waiting over a week for a payment and ebay still cannot give a date when it will be paid,

This managed payment does not intergrate with accounting sofware and has made ebay uneconomical for me ,the payment tracing and reconcile is just to time consuming

I have closed my shop after ten years ,

And does ebay care

Does it f***

[porcelain_dolls_by_me]

Todays conversation (in part) about the delay of  MPS payouts:

.......................................................................

Me

"My account is set to daily payout for the MPS. can you please tell me the timing for such payments, for example, when will payout to my bank account be made for sales made today (17th)"

eBay Chat

"Under the new managed payment system, It takes us 2-3 business days to process, compile and payout the amount to your bank account"

Me

"Where can I find written information as to the timing of MPS payments as you specified?"

eBay

"Unfortunately there is no information written on the topic of timelines for payout"

.....................................................................

Not acceptable  as with PayPal we always received a payout either the same or next business day

[lumikgroup]

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@porcelain_dolls_by_me wrote:

Todays conversation (in part) about the delay of  MPS payouts:

.......................................................................

Me

"My account is set to daily payout for the MPS. can you please tell me the timing for such payments, for example, when will payout to my bank account be made for sales made today (17th)"

eBay Chat

"Under the new managed payment system, It takes us 2-3 business days to process, compile and payout the amount to your bank account"

Me

"Where can I find written information as to the timing of MPS payments as you specified?"

eBay

"Unfortunately there is no information written on the topic of timelines for payout"

.....................................................................

Not acceptable  as with PayPal we always received a payout either the same or next business day

---

that is not correct. The timing of MPS payments was clealry stated in the T@C of MPS when you signed up - have a look :

https://community.ebay.com.au/t5/Selling/Managed-Payments-slow-bank-payouts/td-p/2343877/page/5

"

Getting Paid

How soon will my fund be available in my bank account?

Payouts can be initiated daily (business days), but you can typically expect payouts to show up in your bank account within 2-6 business days of an order confirmation. We aim to pay you as fast as possible but are dependent on the credit card brands (Visa, Mastercard, American Express) and banks for payout processing and timely funds settlement."

[digital*ghost]

Interestingly, two payments from orders received yesterday have completed and will be in tomorrow's payout, but 5 payments from sales on the 15th are still processing - could be down to payment method, could be something else (I also closed up shop yesterday morning as I went ahead and injured myself doing something really (really) mundane, and consequently was hobbling around the house yesterday, very slowly, with the aid of a broom  Much better today, no broom required, but I have few sales from before I closed to get a bigger picture view). 

[padi*0409]

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@digital*ghost wrote:

......and consequently was hobbling around the house yesterday, very slowly, with the aid of a broom  

---

Did you have to take the seat and handlebars off digi ?

                      

Spoiler

Sorry digi, I couldn't help myself...............

Spoiler

I will away and give myself a good slappin'............

[rocketcds]

We are now getting our payments daily...But the weekends leave a lot to be desired. $400 roughly worth of items sold on the weekend and we get $67.48 today. What a laugh! Luckily we have another account feathering our nest waiting for these funds to return. Oh and did I mention we are selling on another site now with now fees and "managed BS". 

Half fixed the issue ebay but do you think you can give us a % of the $333.52 you invested elsewhere for a couple of days seeing as it is MY money not yours!

[lm-entertainment]

i've had the same DG. had a few big sales on late friday / early saturday expected them to be paid out today but they weren't.. yet smaller sales afterwards were. expected quite a big deposit amount and was left with less than 10% of it.