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How Long Does It Take To Get Paid On Ebay

Once your buyer's order is confirmed, eBay initiates your payout within 2 business days. It then typically takes 1-3 business days for your funds to clear into your checking account.

Why didn't I receive my payout?

How you get paid

As an eBay seller, you'll receive your payouts in your linked checking account.

Once the buyer's order is confirmed, you can ship the item. The selling fees and other costs are automatically deducted, and your sales proceeds will show as Processing funds.

It typically takes 1 business day from confirming the buyer's payment for the sales proceeds to appear as Available for payout, unless the transaction was placed on hold, in which case it may take longer.

It typically takes 2 business days from confirming the buyer's payment to initiate your payout if your payouts are scheduled daily. If your payouts are scheduled weekly, we initiate payouts on Tuesday for the sales you've made from Monday to Sunday the previous week. Your payouts will appear as Funds sent and it typically takes another 1-3 business days for the funds to clear in your checking account and become available to you.

  • This timeline is similar to the time it can take a credit card company to process your monthly payment, and depends on the processes of your financial institution
  • After the payout is initiated, the funds are no longer with eBay. eBay does not earn interest on any seller funds

Tip
You can see the status of your funds in Seller Hub - opens in new window or tab. For more information on transaction statuses, you can read our article on the Payments tab in Seller Hub.

The table below shows you the timeframe for when eBay will initiate your daily payouts based on the day the buyer's order is confirmed.

Buyer's order confirmed Payout initiated by eBay
Monday Wednesday
Tuesday Thursday
Wednesday Friday
Thursday Monday
Friday Tuesday
Saturday Tuesday
Sunday Tuesday

How banking holidays affect your payouts

Some banking holidays may delay your payouts. If your payout is scheduled daily, a banking holiday may delay your payout by up to 2 business days. For example, if the buyer's order is confirmed on Friday, and the holiday is on Monday, the payout will be initiated on Wednesday (2 business days later).

If your payout is scheduled weekly, a banking holiday may delay your payout by up to 8 business days. For example, if the buyer's order is confirmed on Friday, and the holiday is on Monday, the payout will be initiated on the Tuesday of the following week (8 days later).

Tip
You must add a checking account to receive your funds. You can't use a savings account or a PayPal account to receive payouts.

How to change your payout schedule

By default, payouts are initiated daily, but you can also change to weekly payouts.

  • Daily payouts are initiated Monday through Friday and include any funds that have become Available for payout during the previous 24 hours
  • Weekly payouts are initiated on Tuesdays and include any funds that have become Available for payout Monday through Sunday of the previous week

Here's how to change your payout schedule in Seller Hub:

  1. Go to the Payments tab - opens in new window or tab in Seller Hub.
  2. Select Payout Settings.
  3. Change the frequency of your payouts from Daily to Weekly as needed.

You can also change your payout schedule in Payments - opens in new window or tab in My eBay.

Tip
If the buyer pays in a currency that's different to your payout currency, the payment will be converted to your payout currency. The currency exchange rate will be captured at the time of sale and can be viewed in the order details. This exchange rate will apply in the event of a refund.

Tracking your payouts

Tracking your payouts is simple. We'll send you an email to let you know that we've initiated a payout. Additionally, each payout has its own unique Payout ID - opens in new window or tab, making it easy for you to keep track of your funds.

We also provide a bank reference ID for each payout, so you can track your payouts with your bank if you need to. You can find your bank reference ID in Payout details in Seller Hub.

Payout statuses

Here's an explanation of each payout status:

  • Created: A Payout ID has been created and the payout process has started
  • In progress: The payout has been initiated by eBay and is in the process of being sent to your bank
  • Funds sent: Your payout is successful. eBay has sent your payout, it could take 1-3 business days for your bank to process the funds to your checking account
  • Returned: The payout has been initiated by eBay, but an issue has occurred with your bank or eBay
  • Blocked: Your payout method could be invalid, or may have been blocked by eBay
  • Canceled: Your payout was unsuccessful, and the balance has been added back to your Available funds

What to do if payouts fail

If your payouts are showing as Returned or Blocked, your bank information may be incorrect or you may need to verify additional information before we can initiate payouts to your account. Learn more in our article about registering as a seller.

How Long Does It Take To Get Paid On Ebay

Source: https://www.ebay.com/help/selling/getting-paid/getting-paid-items-youve-sold?id=4814#:~:text=When%20will%20I%20get%20paid,clear%20into%20your%20checking%20account.

Posted by: ryanandlonimper.blogspot.com

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