2 ms·
I recently sold some items on ebay. ebay will not release the funds for 3 weeks. They give no reason for this. However I think the real reason is that if you do
by simpaticoder 3y ago
I recently sold some items on ebay. ebay will not release the funds for 3 weeks. They give no reason for this. However I think the real reason is that if you do this over a large enough user base you can use the "time-value" of money to make extra money. It's nefarious, and I too will never use ebay again.
- OJFord 3y agoThe reason they give/non-cynical take is that it's a hold for potential buyer dispute. If they do, and eBay decides in their favour (to refund or partially refund) then it ensures they already/still have your money, they don't have to try to bill you back for it. (Which would also have an associated cost, but surely the main aspect would just be already having it, you haven't run off with it, not unable or unwilling to pay it, etc.)
- deleted 3y ago[deleted]