|Tue Jan 12 2021 09:28:25|
eBay Holds Seller Funds in Another Apparent Payout Glitch
By: Ina Steiner
eBay is holding seller funds today in what appears to be another payout glitch. "Quite a few people are posting that eBay managed payments payout is being declined this morning. I myself am included, and it is a higher payout than usual," an EcommerceBytes reader reported on Ecommerce EKG
One seller glommed on to a thread from December 2nd
when eBay had experienced a similar payout glitch. "I am seeing one of these today where it says payout failed and eBay will retry," the seller wrote this morning. "Nothing has changed with my bank account. Is there anything I need to do or should I just wait for eBay to retry?"
Sellers are also reporting missing payouts today on industry discussion boards.
As a result, many sellers spent a lot of time contacting their banks to try to resolve the problem until eBay published a post later that day acknowledging the problem was on its end
Update 1/12/2021: An eBay moderator acknowledged the problem in the "Payments" section of its discussion boards and updated the thread at 1:23 to state: "Our payments processor has confirmed all impacted payouts have been processed successfully. Members should see their payouts processed as expected without delay. Please remember depending on bank policy it may be 1-4 business days before the bank will process these funds."
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