Ebays new payment system

Ebays new payment system is criminal for the lack of a better term....I have lost thousands of dollars with no response from them

 

If you are having a issue like I am please let me know

 

What is happening ....if I cancel a order and Ebay charges me back to my bank account yet doesnt credit me for the original purchase amount from the customer and the funds just seem to go missing

 

So far to date it is close to 5k

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Ebays new payment system

You sold an item.

The buyer paid you.

  • With Managed Payments it takes from one to eight days for your customer's payment to be transferred to your bank account.
  • ie: if you are paid late on Tuesday, and the payment would be transferred* the next Tuesday and Held until then.

You cancelled the order.

EBay immediately refunded the customer.

  • The refund should have come from those Held funds.

It was eBay who refunded the customer? You didn't do it manually yourself?

Is your Managed Payments account attached to a checking account and has eBay been transferring other payments to it without problems?

Is this a one off problem or has it happened more than once?

 

 

*There are a lot of other pieces to the transfers, this is just one.

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Ebays new payment system

Some of your problem may be related to your customer service as indicated by your feedback.

Holds on new, occasional, and questionable seller accounts can be up to 21 days before payments are released.

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