Holding seller payouts does not add value!
After 24 years on the platform, having our payouts hijacked with no rational reasoning or explanation is unacceptable. As such, we stopped selling on ebay nearly two months ago.
If ebay seeks to add value to buyers, may I suggest that ebay stop providing fraudsters with accounts and a platform upon which to practice their grifting. Holding the assets of established sellers is biting the hand that feeds. In the future, if we decide to again sell on the platform, any hold placed will immediately necessitate our cancellation of the sale; as there is no way we are going to be providing Ebay with interest free assets upon whichh ebay earns money market rates.
Although ebay has always treated sellers poorly, this new payout policy is absurd and demonstrates an utter lack of respect and appreciation for sellers: for those who generate the fees and revenue streams that keep Ebay's overpaid executives stooped over with their snouts down at the trough! This new payout policy is merely the latest albeit most egregious example of ebay shirking its responsibility by placing the burden upon sellers. What's next: sellers must create video content showing buyers how to correctly utilize the items they purchase? Just wait: fraudsters will now be receiving items and then opting to return said items, using the USPS and their inadequate tracking system, with nothing but air in the returning box; and Ebay's response will be: . That's right, nothing. As such, I suggest that every longtime and established seller write, call, and contact the executive team as well as heavy shareholders and any institution holding ebay debt. Let them know that Ebay's failure to spend the money necessary to hiring real people to monitor newish accounts for fraud, opting instead to create their own M1 float liquidity accounts with seller assets, is unacceptable. If ebay wants to add value to the buying experience, then ebay needs to hire and pay experienced members of the selling community to red flag bogus accounts. Pawning off Ebay's responsibility via the use of seller assets, and then proclaiming such a better form of buyer protection, is BS. Hence, why ebay hasn't bothered to provide us all with a set, coherent, and transparent policy for payouts. It's just another corporate grift designed to shift corporate liabilities over to those ebay believes are captive to their platform; merely another way to enhance revenue margins at the expense of sellers. Well, I say ENOUGH!