E-cheque on E-bay?????????
22 October 2006, 09:01 PM
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E-cheque on E-bay?????????
Sold something NSR on ebay to day. The buyer has paid through PayPal, using and E-cheque as payment 
WTF is an E-cheque?
Should I be wary, being paid like this? I'm sort of new to this selling on the bay lark.
Any help or info would be great
Micky.
WTF is an E-cheque?
Should I be wary, being paid like this? I'm sort of new to this selling on the bay lark.
Any help or info would be great
Micky.
22 October 2006, 09:11 PM
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have been paid loads of times with these,no bother with them at all....just will take a while to clear,anything from 3-9 days.i would just mail the buyer and thank them for payment and tell them as soon as it clears you will mail the item off.you will get a mail as soon as it does clear from paypal.
22 October 2006, 09:11 PM
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I brought something via eBay once and used paypal - turned out there is a option to pay via the e-cheque ( which I selectded by mistake).
Definition from PAYPAL - obviously don't send your goods until the payment shows as cleared!!!!
An eCheque is an electronic funds transfer that withdraws money directly from your bank account. It's just like writing a cheque, only it is done electronically. When you send money with an eCheque, the transaction will be held as pending for seven to nine working days, until the electronic funds transfer has cleared your bank.
HTH
Definition from PAYPAL - obviously don't send your goods until the payment shows as cleared!!!!
An eCheque is an electronic funds transfer that withdraws money directly from your bank account. It's just like writing a cheque, only it is done electronically. When you send money with an eCheque, the transaction will be held as pending for seven to nine working days, until the electronic funds transfer has cleared your bank.
HTH
22 October 2006, 09:18 PM
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Cheers for that. When we, me & the missus, buy stuff off ebay, if the price isn't very much we bank transfer via paypal, larger priced things go on the credit card.
Had never noticed this E-cheque thing before.
Thanks for your speedy replies, think I best go email the buyer.
Had never noticed this E-cheque thing before.
Thanks for your speedy replies, think I best go email the buyer.
22 October 2006, 10:59 PM
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Cheers Mart.
It's only(?) 30 quid in my, and Lisa's, pocket, but the sold goods aren't going anywhere until the money's in our possesion.
It's only(?) 30 quid in my, and Lisa's, pocket, but the sold goods aren't going anywhere until the money's in our possesion.
22 October 2006, 11:01 PM
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Originally Posted by bpm1588
have been paid loads of times with these,no bother with them at all....just will take a while to clear,anything from 3-9 days.i would just mail the buyer and thank them for payment and tell them as soon as it clears you will mail the item off.you will get a mail as soon as it does clear from paypal.
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22 October 2006, 11:41 PM
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Originally Posted by mickywrx
Cheers Mart.
It's only(?) 30 quid in my, and Lisa's, pocket, but the sold goods aren't going anywhere until the money's in our possesion.
It's only(?) 30 quid in my, and Lisa's, pocket, but the sold goods aren't going anywhere until the money's in our possesion.
in the end i relisted, and sold it with instant payment
Mart
23 October 2006, 08:54 AM
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I recently bought my first Ebay item vie e-cheque - well over £1k so understandably a bit cautious, but apart from the time it takes for these things to clear, no problems at all to be honest. Sellers like them as apparently the fees aren't as high as regular Paypal.
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