Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

Selling on ebay for 1st time

  • 11-07-2011 9:55pm
    #1
    Sephiroth_dude
    Moderators, Computer Games Moderators, Social & Fun Moderators Posts: 81,083 Mod ✭✭✭✭


    Hi
    Im selling my first item on ebay,I have set up a pay pal account and I have my o2 visa card attached to my account I guess is what you could say.I'm just wondering when the product is sold will the money be onto the card or how does it work?


Comments

  • #2
    BadGirl
    Closed Accounts Posts: 7,082 ✭✭✭BadGirl


    When your customer pays you, the funds will be in your paypal account. you then transfer it to your current account or card. Usually takes a couple of working days for funds to transfer from your paypal account to your card or current account.

    HTH

    BG :)


  • #3
    Sephiroth_dude
    Moderators, Computer Games Moderators, Social & Fun Moderators Posts: 81,083 Mod ✭✭✭✭Sephiroth_dude


    so the funds aren't actually put on my o2 card then?I have to transfer them over myself?


  • #4
    BadGirl
    Closed Accounts Posts: 7,082 ✭✭✭BadGirl


    Nope, you'll have to manually transfer them yourself...

    In the My Account screen, there is an option to Withdraw funds and it will send to your nominated account then.

    BG


  • #5
    jor el
    Closed Accounts Posts: 16,713 ✭✭✭✭jor el


    You can't transfer money from Paypal to a credit card. You can only withdraw to a bank account.


  • #6
    Sephiroth_dude
    Moderators, Computer Games Moderators, Social & Fun Moderators Posts: 81,083 Mod ✭✭✭✭Sephiroth_dude


    jor el wrote: »
    You can't transfer money from Paypal to a credit card. You can only withdraw to a bank account.

    ah so I wont be able to transfer it to my o2 money card?I'll have transfer it to my aib account?


  • Advertisement
  • #7
    jor el
    Closed Accounts Posts: 16,713 ✭✭✭✭jor el


    Yes.


  • #8
    Sephiroth_dude
    Moderators, Computer Games Moderators, Social & Fun Moderators Posts: 81,083 Mod ✭✭✭✭Sephiroth_dude


    How long does it normally take to transfer funds?


  • #9
    jor el
    Closed Accounts Posts: 16,713 ✭✭✭✭jor el


    Don't know, but a couple of days at least. Probably 2-3 working days.


  • #10
    Sephiroth_dude
    Moderators, Computer Games Moderators, Social & Fun Moderators Posts: 81,083 Mod ✭✭✭✭Sephiroth_dude


    Sold my item,do I now send the successful bid a request for the money via paypal or how does it work?


  • #11
    Sephiroth_dude
    Moderators, Computer Games Moderators, Social & Fun Moderators Posts: 81,083 Mod ✭✭✭✭Sephiroth_dude


    Hi back again

    So I shipped my item,item was recived this morning,I got an email on friday from pay pal saying the following

    "You received a payment. However, we're temporarily holding the payment to make sure that the transaction is completed smoothly.


    The payment may be held up to 21 days. Please ship the item right away. Once you do, we may release the funds sooner.

    We'll email you when the payment is released. You can always monitor the status of this payment on the History page of your account."

    When will they release it?I really need the cash


  • Advertisement
  • #12
    jor el
    Closed Accounts Posts: 16,713 ✭✭✭✭jor el


    Sephiroth_dude, that's the 2nd needless and pointless bump post I've removed from this thread. Stop doing that. If no one answers, then no one knows the answer. A thread that is 4 posts from the top of the page does not need a bump.

    Paypal have told you that it will take up to 21 days to release the funds, so there's your answer right there.


  • #13
    cat_dog
    Closed Accounts Posts: 276 ✭✭cat_dog


    jor el wrote: »
    You can only withdraw to a bank account.
    Does Paypal charge a fee for withdrawals?


  • #14
    laughter189
    Closed Accounts Posts: 376 ✭✭laughter189


    It is free to withdraw money from your Paypal funds to a bank account , - however if you enter wrong details , and the money is returned to Paypal , you will incur a €3 charge .


  • #15
    laughter189
    Closed Accounts Posts: 376 ✭✭laughter189


    jor el wrote: »
    Sephiroth_dude, that's the 2nd needless and pointless bump post I've removed from this thread. Stop doing that. If no one answers, then no one knows the answer. A thread that is 4 posts from the top of the page does not need a bump.

    Paypal have told you that it will take up to 21 days to release the funds, so there's your answer right there.

    Sephiroth_dude , - your money is going to be held until Paypal are secure in the knowledge that the item you sold has been successfully delivered .

    This is common procedure when you open a new Paypal a/c and sell first item on eBay .


  • #16
    Sephiroth_dude
    Moderators, Computer Games Moderators, Social & Fun Moderators Posts: 81,083 Mod ✭✭✭✭Sephiroth_dude


    laughter189 wrote: »
    Sephiroth_dude , - your money is going to be held until Paypal are secure in the knowledge that the item you sold has been successfully delivered .

    This is common procedure when you open a new Paypal a/c and sell first item on eBay .

    How do I let them know It was delivered by registered post yesterday?money is still being held.


  • #17
    Sephiroth_dude
    Moderators, Computer Games Moderators, Social & Fun Moderators Posts: 81,083 Mod ✭✭✭✭Sephiroth_dude


    Funds have been released at last,now I have a new query which I hope you can help with,I got an email from ebay saying I owe them 22.63,I knew they charged you for using the service but this seems a bit much.


  • #18
    jor el
    Closed Accounts Posts: 16,713 ✭✭✭✭jor el


    eBay's fees can be a bit of a maze. Generally though, there's a listing fee (which varies depending on whether it's buy it now or auction, if you set a low or high start bid, and if there's a reserve), and a final valuation fee (percentage of the final sale amount).

    The fees are quite high though, so I wouldn't be at all surprised by your surprise!


  • #19
    Sephiroth_dude
    Moderators, Computer Games Moderators, Social & Fun Moderators Posts: 81,083 Mod ✭✭✭✭Sephiroth_dude


    jor el wrote: »
    eBay's fees can be a bit of a maze. Generally though, there's a listing fee (which varies depending on whether it's buy it now or auction, if you set a low or high start bid, and if there's a reserve), and a final valuation fee (percentage of the final sale amount).

    The fees are quite high though, so I wouldn't be at all surprised by your surprise!

    Ya I worked out it was about 10% they took + paypal charges,thanks for all the help and sorry for the contant bumping of the thread.


  • #20
    Sephiroth_dude
    Moderators, Computer Games Moderators, Social & Fun Moderators Posts: 81,083 Mod ✭✭✭✭Sephiroth_dude


    Back again

    So I tranferred the funds from my paypal to my aib account on tuesday,I got an email from paypal saying the funds should be in my bank account by friday,In paypal "in the recent activity" bar its says payment complete but theres no funds in my bank account if you know what I mean?

    Has this happened to anyone else?


  • #21
    allthedoyles
    Registered Users, Registered Users 2 Posts: 6,893 ✭✭✭allthedoyles


    I transferred money during business hours Wednesday 20th July to Bank Of Ireland and the money is in my Bank a/c today .


    I transferred money on Friday 15th July and it hit the bank a/c on Tuesday 19th July .

    It normally takes 2-3 business days .

    It is normal for Paypal to say ' payment complete ' before the money is actually in your bank account .


  • Advertisement
  • #22
    Sephiroth_dude
    Moderators, Computer Games Moderators, Social & Fun Moderators Posts: 81,083 Mod ✭✭✭✭Sephiroth_dude


    allthedoyles wrote: »

    It is normal for Paypal to say ' payment complete ' before the money is actually in your bank account .

    Well thats good to know then,I thought it might have gone to the wrong account or something.


  • #23
    jor el
    Closed Accounts Posts: 16,713 ✭✭✭✭jor el


    Payment complete will just mean the money has left Paypal's account. It's in the hands of the bank at that stage. I'd not get too worried until Monday, or check after midnight tonight, as I notice sometimes that automatic banking stuff happens at midnight.

    If nothing shows by Tuesday, start querying it.


  • #24
    Sephiroth_dude
    Moderators, Computer Games Moderators, Social & Fun Moderators Posts: 81,083 Mod ✭✭✭✭Sephiroth_dude


    jor el wrote: »
    Payment complete will just mean the money has left Paypal's account. It's in the hands of the bank at that stage. I'd not get too worried until Monday, or check after midnight tonight, as I notice sometimes that automatic banking stuff happens at midnight.

    If nothing shows by Tuesday, start querying it.

    Ring my bank?


  • #25
    allthedoyles
    Registered Users, Registered Users 2 Posts: 6,893 ✭✭✭allthedoyles


    There is not much you can do if the lodgement is not in you bank account on tuesday .

    It works like this , - :
    1. If bank details are correct it will process correctly
    2. If bank details are incorrect , it will revert to your Paypal account .


  • #26
    Sephiroth_dude
    Moderators, Computer Games Moderators, Social & Fun Moderators Posts: 81,083 Mod ✭✭✭✭Sephiroth_dude


    well its monday and its still not there :(


  • #27
    The Lovely Muffin
    Closed Accounts Posts: 6,595 ✭✭✭The Lovely Muffin


    Did it go through OP? If not, then contact your bank.

    I transferred money from my PayPal around 12am on Tuesday night/Wednesday morning and the money went into my bank account on Friday. That with Ulster Bank.


Advertisement