Payments on jold

Hi how do you get eBay to release funds for items that have been delivered. I keep getting the runaround from the chat. Apparently the customer has had the parcel since 3rd march but I have to wait if they like it and dispute it. Is this legal?

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Re: Payments on jold

It must be legal since ebay does it.

It is part of their terms & conditions, where if you are an irregular seller they keep a hold on funds for 30 days. Once that time has passed, you'll be able to access your money. You'll need to be signed up to managed payments but I assume you have done this already as I see you have sold several items over the past year & I guess you would have stopped had you not managed to collect the money for any of them.

 

I don't personally believe you should be subject to the hold as i think you've had about 15 positive sales over the last year, but I am not ebay. All I can think of for the reason for the present hold is you sold a few things about 6 months back and then a couple over the last month so they may count that as too infrequent for them.

 

It's just the way ebay works for you and all sellers who don't sell frequently. The hold eventually disappears for very regular sellers.

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Re: Payments on jold

"how do you get eBay to release funds"

Meet the requirements as set out in the relevant eBay policies. I suggest you take another look at "Transaction holds", "Payments Terms of Use" and "User Agreement".

 

 

"Is this legal?"

The short answer is yes - but I suspect you already knew as much.

 

The time to question the legality of any policy (eBay or otherwise) would be prior to agreeing to said policy.

 

The following is C&P from the "Transaction holds" page (latter bold added by me)...

 

 

About transaction holds

transaction hold means that funds from an item you sold have been placed on hold while we ensure the transaction is completed successfully. This helps keep eBay a safe marketplace for buyers and sellers, as well as meet legal and compliance obligations as described in the Payments Terms of Use.

 

 

 

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Re: Payments on jold

*casey*
Community Member

"Hi how do you get eBay to release funds for items that have been delivered"

 

Here's how the scammers do it.

 

They list hundreds of 99 cent  items , then  give each other fake feedback along with eBay's 'automatic' feedback,

before listing higher priced items with no payment holds.

 

According to eBay

 

"This helps keep eBay a safe marketplace for buyers and sellers"

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