New Report of eBay Managed Payment Issues With Payouts Today
We received a report from a seller that eBay Managed Payments is having issues again with payouts.
The sellers said when he tried to schedule his payout, the system said the payout was declined and eBay for several hours today showed a banner on their support page saying:
“Some sellers may notice a delay with payments being available in their eBay account. We’re looking into the issue and will have it fixed soon.”
Meanwhile, the company says on Twitter (in a reply to a seller) that the issue is resolved, but has not posted an update on its community channel (yet).
Without a detailed explanation, this appears to be a repeat of a problem the company had in early December. While it too was fixed the same day, it still resulted in many sellers not receiving their payout when scheduled.
Also, repeat problems with eBay Managed Payments are not helping the reputation of the system that has been maligned by many long-time sellers since its inception.
eBay CEO Jamie Iannone said in November the company plans to roll out new features for its payments service, dubbing it eBay Managed Payments 2.0, but it appears 1.0 still needs work.
Richard Meldner
Richard is co-founder of eSeller365. He has over 17 years of experience on eBay which includes tens of thousands of sales to buyers in over 100 countries and even has experience with eBay’s VeRO program enforcing intellectual property rights for a former employer. And for about two years Richard sold products on Amazon using Amazon FBA in the US.
To “relax” from the daily business grind, for a few weekends a year, he also works for IMSA as a professional race official.
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The new EBay payment system is terrible. PayPal had a much quicker payment system.Ebay needs to lift it’s game before major protests start.
I have been waiting for 2 MONTHs for over $300 in payments. Cannot speak to a person , only chat. Keep being told they have “escalated “ my problem to IT….. I no longer will sell anything on EBay…. so frustrating because there is no one to speak to!!
Mismanaged Payments is an utter failure. Sellers have zero advantages, if a buyer purchases on Wed-Friday it will take a week to get your money.
This is sad because the sellers have already been putting up with Ebays large fees and now they do not get their money instantly like we did on PayPal.
That’s ok because next year Ebay will be handing out 1099s to ALL sellers who sell $600 or more, can you say mass exodus of sellers, I mean more those who fled to to Mismanaged Payments.
WORST IDEA EVER! NO OPTION FOR LONGER PAYOUT DURATION!! BANK TAKES COMMISSION EACH TIME I GET PAID!!!!!!!!FFFFFFFFFFFFFFFFFFF