Re: [AH] Reverb payments Vs Paypay

From Jason Proctor
Sent Tue, Mar 5th 2019, 16:06

I just sold something on Reverb for the first time. I find the Reverb
site confusing about the balance (sale price minus fees does not equal
account balance, eh?), and confusing about getting paid. The "update
shop policies" page, as opposed to the "shop settings page" lists two
ways of accepting payment. The choice I have for getting paid (on the
same page) is limited to Reverb Bucks or Bank Transfer, I don't see an
option for getting paid via PayPal - does that pop up if you only
accept PP for payment? I don't understand why there's a link.

Btw, transferring to a bank usually takes a minimum of one business
day because there are checks and balances along the way. I've never
had a transfer from my PP account to my bank account take *less* than
a day, and this is a credit union account which is always faster than
regular accounts to get payroll deposits etc. But transferring *to* a
PP account from Ebay/etc should be almost instant.


On Tue, Mar 5, 2019 at 7:52 AM Cal Barkley <xxxxxxxxxx@xxxxx.xxx> wrote:
>
> No, I have been selling for a while.
>
> The payment from Reverb took three days to appear in my bank account.
>
> Paypal can transfer funds to my bank in as little as 2 hours.
>
> Cal
> On 21/02/2019 15:28, DJ Maytag wrote:
>
> Are you a new seller? It shouldn=E2=80=99t take long for the money to dep=
osit to your bank, usually within 48 hours of shipping confirmation (24 hou=
rs to send payment, then actually available in your account the next busine=
ss day).
>
> It saves a few % points by using their payments system over PayPal.
> On Thu, Feb 21, 2019 at 9:23 AM Graheme Wilson <xxxxxxxxxx@xxxxx.xxx> wro=
te:
>>
>>
>> I sell my hand made Beach Hut guitar effects, drum boxes and circuit
>> bent projects on Reverb.com.
>>
>> Believing it would be quicker and cheaper I recently switched to Reverb
>> payments from paypal.
>>
>> What Reverb did not say was that payment for the goods is now delayed
>> until the item is dispatched. This is a problem with postage for large
>> items as they except you be out of pocket while they sit on the money
>> the client has already paid them.
>>
>> With paypal payments are made with the order.
>>
>> I have switched back to paypal!
>>
>>
>> Cal