Quick Answer: What Does Payment Initiated Mean?

Where does my money go when I sell on eBay?

After you’ve sold an item and the buyer has paid, you’ll automatically receive your proceeds, but the exact process and timing will depend on the payment method the buyer used.

If the buyer pays with either PayPal or a credit or debit card, we’ll send you an email to let you know when the payment is in your account..

How do I get money from eBay instantly?

All new sellers have their payments held for 21 days OR until 3 days after delivery is shown with tracking. Just make sure to purchase postage on ebay to get the discount and tracking is automatically downloaded for you, so your money gets released 3 days after delivery is proven.

How do I accept pending payments on PayPal?

If your PayPal account is set up where you have to manually claim each payment, once notified of payment you’ll need to head to PayPal to accept the payment: Log into PayPal. Go to Summary. Under ‘Pending’, next to the message showing the recipient ‘hasn’t accepted yet’, click Approve.

Can I cancel a pending PayPal payment?

You can usually cancel a PayPal payment that is in a pending or unclaimed status. … On the Summary page, locate the pending payment. Click Cancel under the pending payment. Click Cancel Payment.

Why can’t eBay process my debit card payment?

If you have trouble paying with a credit or debit card, check the following: Your card details are correct. Make sure that all details, such as the card number, expiration date, and CVV code are entered correctly, and check that the name and billing addresses are exactly as they appear on your card statement.

Why is a PayPal payment pending?

If you sent a payment or made a purchase that is pending or unclaimed, that means the recipient hasn’t accepted it yet. … These payments will have a status of “Unclaimed” and will show in the “Pending” section of your PayPal account. If the payment is completed, you won’t be able to cancel it.

How do I change my payment method on eBay?

Change or update your automatic payment methodGo to Seller Account – opens in new window or tab in My eBay.Under Payment methods for Seller Fees, select Change.Choose your preferred payment method.Enter your information. For direct debit or card payment, select Save. For PayPal, select Continue.

How do I get PayPal to release my money?

This can include: Printing a USPS or UPS shipping label: If you print a shipping label directly from PayPal, the tracking number and delivery confirmation will be automatically uploaded. Provided that the package is delivered without incident, the funds can be released three days after delivery.

How do I remove a card from my eBay account?

Removing payment information from your accountGo to My eBay.Click the Account tab, and then click the Personal Information link on the left.In the Financial Information section, find the payment method you’d like to remove and click the Remove link on the right.

What does payment initiated mean eBay?

It means the email address on your listing wasn’t the email address you have on your PayPal account. Go to the sold item page, click sell similar, scroll down to payments will go to, that’s the email address eBay pre-filled and it’s where the money went.

How do I mark an item as paid on eBay?

To mark an item as paid:From the left column of My eBay, click the Won link under Buy.In the Won section, find the item you want to mark as paid.From the Action menu, select Mark as Payment Sent. The £ icon turns blue, so you can easily see that payment is complete for the item.

How long does eBay hold your money?

for 21 daysWe may hold your funds for 21 days if we determine the transaction to be a risk. Category, price, and seller standing can all contribute to this decision.

How long should I wait for eBay payment?

two daysA buyer has two days to pay for an item on eBay from the time of their purchase. After two days, a seller can open an Unpaid Item Case, prompting the buyer to pay or resulting in a loss of buyer privileges if the seller is never able to collect the money.

Does pending mean it went through?

Pending means a transaction to withdraw money from or add money to your account has been submitted but isn’t complete.

How do I transfer money from eBay to my bank account?

Click Withdraw near the top of the page. Click Transfer money to your bank account. Enter the amount you want to withdraw. Select the bank account you want to credit, then click Continue.