eBay Sellers Running a Business with No Access to Their Funds - EcommerceBytes

Quick Read

We don't know when it will be fixed, and we don't know when you will have your money.
I read about this last night on Reddit and the OP of that post got poo-poo'd as it being a problem with his bank.
I'm about to make post at reddit putting them on blast because I KNOW they read there but then I thought nope, I'm gonna email Ina.
I had 2 weekend deposits that were supposed to hit about 9 pm Monday night (that is the usual time frame).
I called my bank this morning (Tuesday) and they said that not only do they have no record of those 2 pending weekend deposits, they also have no record of a pending deposit for Monday (put a pin in this).
What I need for my bank to resolve it is the 15 digit ACH trace number, which of course eBay does not provide.
I called eBay and of course got their third world "helpline" and they did transfer me over to managed payments and this is what he told me: We know there is a problem.

eBay Sellers Running a Business with No Access to Their Funds - EcommerceBytes

Dear Ina, I emailed you before and told you that I felt like you are the voice of sellers. Well I need that voice lol. eBay's payouts are jacked up. I read about this last night on Reddit and the OP of that post got poo-poo'd as it being a problem with his bank. But then a couple others chimed in and said well no my payouts are not being deposited either. And I thought, uh oh, here we go again. I had 2 weekend deposits that were supposed to hit about 9 pm Monday night (that is the usual time frame). They did not. I called my bank this morning (Tuesday) and they said that not only do they have no record of those 2 pending weekend deposits, they also have no record of a pending deposit for Monday (put a pin in this). They also said that eBay's "bank reference number" that eBay attaches to their payouts on the seller hub is a meaningless number. What I need for my bank to resolve it is the 15 digit ACH trace number, which of course eBay does not provide. I called eBay and of course got their third world "helpline" and they did transfer me over to managed payments and this is what he told me: We know there is a problem. It's affecting a lot of sellers. We are working on fixing it. We don't know when it will be fixed, and we don't know when you will have your money. I'm about to make post at reddit putting them on blast because I KNOW they read there but then I thought nope, I'm gonna email Ina. The unhelpful guy on the phone from eBay told me that "it's just the payouts from this weekend that are affected" well no I call bullshit on that. My payout that went out Monday night/Tuesday morning? Well my bank said they would have a record on their end of a pending ACH for tonight, and they do not. Then he told me "it's being fixed right now" but had no timeline whatsoever of how long before I get my money. I pointed out that these two statements contradict each other, and he had nothing to say to that. So I guess I'm going to sit here with no money trying to run a business. This doesn't happen anywhere else. It doesn't happen with Poshmark, Mercari, etc. It just happens with the people who have been in business the longest and should know how to get us paid without screwing us all up!!! Thank you for being there, Ina Wan Kenobi, you're my only hope of getting an actual straight answer. R.
The Original Article can be found on EcommerceBytes

22 Best Selling Apps for Selling Stuff Online - Yahoo Finance

The best app for selling items online is usually a marketplace such as eBay, Craigslist, or Facebook Marketplace. That’s because these platforms make it easy to sell a variety of p …

Read more here
22 Best Selling Apps for Selling Stuff Online - Yahoo Finance

How to Offset Declining Sales on eBay with a Sell Similar Strategy - EcommerceBytes

The Auction Professor is back with an update about using a “sell similar” strategy to fight declining sales on eBay. Numerous times, each year eBay releases an update announcing c …

Read more here
How to Offset Declining Sales on eBay with a Sell Similar Strategy - EcommerceBytes

A Tax Filing Factsheet for eBay Sellers | Arena | albanyherald.com - The Albany Herald

Country United States of America US Virgin Islands United States Minor Outlying Islands Canada Mexico, United Mexican States Bahamas, Commonwealth of the Cuba, Republic of Dominic …

Read more here
A Tax Filing Factsheet for eBay Sellers | Arena | albanyherald.com - The Albany Herald

A Tax Filing Factsheet for eBay Sellers | Arena | jacksonprogress-argus.com - jacksonprogress-argus

If you run your eBay account more like a business, you should be reporting your sales to the IRS. Not All eBay Sales are subject to income tax Not every eBay sale is subject to i …

Read more here
A Tax Filing Factsheet for eBay Sellers | Arena | jacksonprogress-argus.com - jacksonprogress-argus

A Tax Filing Factsheet for eBay Sellers | Arena | henryherald.com - Henry Herald

Country United States of America US Virgin Islands United States Minor Outlying Islands Canada Mexico, United Mexican States Bahamas, Commonwealth of the Cuba, Republic of Dominic …

Read more here
A Tax Filing Factsheet for eBay Sellers | Arena | henryherald.com - Henry Herald