{"id":121,"date":"2023-09-01T11:44:58","date_gmt":"2023-09-01T11:44:58","guid":{"rendered":"https:\/\/savemycent.com\/?p=121"},"modified":"2023-09-13T06:27:20","modified_gmt":"2023-09-13T06:27:20","slug":"how-to-get-paid-on-ebay","status":"publish","type":"post","link":"https:\/\/savemycent.com\/how-to-get-paid-on-ebay\/","title":{"rendered":"How to Get Paid on eBay +8 FAQs Answered"},"content":{"rendered":"\n
If you\u2019re looking for a way to make some extra money, eBay may be the answer! This article will tell you how to get paid on eBay.<\/p>\n\n\n\n
We\u2019ll also give you tips on making your transactions as smooth as possible, and talk about the new payment system eBay introduced recently.<\/p>\n\n\n\n
For sellers on a daily payment, eBay payout begins within two days (excluding holidays) of verifying the buyer\u2019s payment. For sellers who wish to receive payments weekly, biweekly, or monthly, payouts of available funds are made on Tuesdays. Once a payout is requested, funds will typically be available in your bank account within one to three business days as per usual bank processing times.<\/p>\n\n\n\n
The \u201cPayments\u201d tab in the \u201cSeller Hub\u201d provides information on your payouts, including any fees and additional expenses.<\/p>\n\n\n\n
When you sell an item on eBay, the platform pays sellers depending on their settings and chosen means of payment. They may send your money to a merchant account you\u2019ve set up with your bank, or they may add it to your PayPal account balance.<\/p>\n\n\n\n
Of course, there are certain exceptions. If a buyer picks up your item rather than having it delivered to them, you\u2019ll be paid when the package is received. You can also get paid via bank transfer, cheque, money order, or non-PayPal online payment if you sell items in a certain category and choose one of these ways of payment.<\/p>\n\n\n\n
From 2021, getting paid on eBay has changed as the platform replaced its old payment system with a new one\u2014eBay Managed Payments. Here\u2019s the way it works:<\/p>\n\n\n\n
eBay Managed Payments replaced PayPal as the payment processor on this platform. The two companies signed a contract valid to July 2023, so until then, you can still pay using your PayPal account.<\/p>\n\n\n\n
According to eBay\u2019s policy, buyers have four days to pay for their purchase. From May 2021, as a seller, you don\u2019t need to send reminders or file complaints to cancel an order after that period. Instead, you can do it manually through \u201cSeller Hub\u201d on \u201cMy eBay Sold.\u201d<\/p>\n\n\n\n
The first step is to link a payment method to your eBay account. You can do this by going to the \u201cAccount\u201d tab and selecting \u201cPayment methods\u201d from the dropdown menu.<\/p>\n\n\n\n
You can choose from the following eBay payment options:<\/p>\n\n\n\n
Once you\u2019ve linked a payment method, you can start selling items on eBay. When you make a sale, the money will be added to your PayPal balance or sent to your bank account, depending on your chosen payment method.<\/p>\n\n\n\n
You can also choose to receive eBay payments weekly, biweekly, or monthly. Payouts of available funds are made on Tuesdays for sellers who have chosen this option.<\/p>\n\n\n\n