Why do people take so long to pay

Lulugrl

Member
Aug 22, 2012
1,058
210
Ormond Beach FL
Lately, I have had buyers who really get me nervous with their delayed payments. This last one was a LV bag, which sold as a BIN. She won the bid at 1pm yesterday and still no pymt. I know it hasn't been that long, but if you are going to hit BIN, then shouldn't you BIN??? I sent her an invoice last night. I thought I had done an IP but apparently not. WDYD?
 
Apr 15, 2007
63,741
8,204
Logically if someone does a BIN you would think they would pay promptly.

I think you can set up your auction where you require immediate payment.

Doesn't always happen.

Buyers have 4 days to pay.. many of them will take there sweet time in doing so.

And if you file a NPB they have another few days, I think...
 

Lulugrl

Member
Aug 22, 2012
1,058
210
Ormond Beach FL
Logically if someone does a BIN you would think they would pay promptly.

I think you can set up your auction where you require immediate payment.

Doesn't always happen.

Buyers have 4 days to pay.. many of them will take there sweet time in doing so.

And if you file a NPB they have another few days, I think...
Yes, they do, they have 4 days after you file a NPB
 

Jsully423

Member
Jan 2, 2013
816
0
USA
This makes me nervous as well! And I'm only waiting for about $100. I can only imagine how intense it can be waiting for payment on BIN LV! I would definitely pay right away...so the seller can't have seller's remorse haha! Best of luck. I did open/close a no payment case a week or so ago. (Very anti-climactic because I still didn't receive payment and was just credited final value.)
 
Apr 15, 2007
63,741
8,204
Buyers not paying or not paying in a timely manner is becoming more prevalent

So sellers should change their settings to require immediate payment but
again no guarantees..
 

twin-fun

O.G.
Mar 27, 2006
7,615
958
Not where I'd like to be
I sometimes wonder if those buyers need to mull it over after they hit that BIN button, as if they are waiting for that buyer's remorse. I'll never understand it, frankly. Let's hope something came up that kept her from paying immediately and she'll complete the transaction soon.
 
Dec 11, 2012
48
0
Maybe they bid when they don't have money right now in their account. They figure they will get paid tomorrow. Then put money in their pay pal account. Pay 2 days later. So what is wrong with the picture?

If you want to be paid within 24 hours, then you'll lose a lot of bids. Good luck. It is your money.
 

Jsully423

Member
Jan 2, 2013
816
0
USA
dereksbicycles said:
Maybe they bid when they don't have money right now in their account. They figure they will get paid tomorrow.
True! Pay day today woohoo. But boo 2% payroll tax increase :-/
 
Apr 15, 2007
63,741
8,204
Maybe they bid when they don't have money right now in their account. They figure they will get paid tomorrow. Then put money in their pay pal account. Pay 2 days later. So what is wrong with the picture?

If you want to be paid within 24 hours, then you'll lose a lot of bids. Good luck. It is your money.


That is so however, once you have received an invoice from the
seller, buyer can just e-mail & say that they will PAY for the item
in 2 days..

Nothing wrong with communicating that...

We all know its a buyer's world on ebay but a little communication
goes a long way...
 

Lulugrl

Member
Aug 22, 2012
1,058
210
Ormond Beach FL
hotshot said:
That is so however, once you have received an invoice from the
seller, buyer can just e-mail & say that they will PAY for the item
in 2 days..

Nothing wrong with communicating that...

We all know its a buyer's world on ebay but a little communication
goes a long way...
Exactly, I would really LIKE to know, so maybe I could plan accordingly. Just sayin'
 

kemilia

the boonies of illinois
O.G.
Mar 14, 2006
3,468
5,427
the boonies of illinois
While I generally pay within 24 hours or so, if a buyer has 4 days, they are entitled to that, per the ebay rules (and that might be how they are working their budget too). Using the Immediate Payment option seems to be what you need to use in your listings.

There have been MANY times where I have paid right away and the item wasn't shipped for days, even a week, so I guess it works both ways.
 

babypie

Member
Jun 3, 2007
18,913
2
Maybe they're waiting for payday?

I always pay right away because I want my item asap!
 

MarneeB

~Love My Dogs~
O.G.
Mar 15, 2009
15,685
43
52
Missouri
I think it's rude to hit the BIN on a seller's auction then walk away from the computer. If you don't have the money, don't buy. Or work out something with the seller first. Just my 2 cents.