Money is taking around 5 days to reach our bank account after the actual sale date based on the following real examples:
EXAMPLE 1 (involving a weekend) - 5 sales on Fri 14, Sat 15, and Sun 16 Aug 2020 totalling $132.38, that bundled amount came through to our bank account on 18th Aug 2020 - 5 days to arrive after sales.
eBay's "1 day turnaround" is a con. Something else is going on, such as eBay bundling payments over more than one day (Fri + weekend + Mon to see the bulk payment) and most likely profiteering from holding our money.
EXAMPLE 2 (involving only week days):
- 2 sales on Thurs 13 Aug 2020 - $23.54 + $63.07 = $86.61, notified in email 17 Aug 2020 - arrived 17 Aug 2020 - 5 days after sale.
- 3 sales on Wed 12 Aug 2020 = $272.63, notified in email Fri 14 Aug arrived 14 Aug 2020 - 3 days after sale.
When eBay receives a buyer's payment, eBay should be able to automatically and expeditiously send the final payment through to our banking account INSTANTLY if they use the fee-free PayID or OSKO financial transfer protocols. given they are taking more in fees now, they should be at least ensuring individual final payments come through to us INSTANTLY as received by eBay. hanging on to the money for a few days only proves one thing, they are scamming us out of the use of that money which is righfully ours.
