Half.com check payment wait time?
08-30-03, 06:04 PM
#1
DVD Talk Legend
Thread Starter
Half.com check payment wait time?
I just started selling a few discs on Half.com and I was wondering how long it takes to get the checks that Half.com issues to you?
08-30-03, 07:20 PM
#2
DVD Talk Hall of Fame
From their helpfiles:
http://half.ebay.com/help/index.cfm?...tion=getpaid#8
Sellers receiving payments by check will be paid on a regular schedule if the amount in their seller's account exceeds the threshold amount set by the seller. Initially, this threshold amount will be set at $50. Sellers can set or change their threshold amount at any time. Sellers electing to receive their payment by check will not receive a check until their seller account balance reaches the threshold set on the account. Checks will be mailed two weeks after the end pay period. If your account balance is above your set threshold amount on the 15th of the month or on the 30th of the month, we will send you a check for the full amount of your seller's account. If your seller's account balance is less than the threshold amount, no payment will be sent. Sellers electing to be paid by check are subject to a $1.50 fee per check issued. No check will be sent if the account balance is less than $1.50.
[Obviously they want to push Direct Deposit..]
I have been on Direct Deposit with them for a year and a half, with no problems. Some people have had problems, but there are ways to protect yourself [open a checking account, maybe net-based, for use only with Half.com, etc.] If you're on DD, you get paid up to twice a month; the pay periods end roughly on the 15th and the last day; so if you had a sale on the 7th, you would get paid about a week into the next period [call it, the 22nd.]
http://half.ebay.com/help/index.cfm?...tion=getpaid#8
Sellers receiving payments by check will be paid on a regular schedule if the amount in their seller's account exceeds the threshold amount set by the seller. Initially, this threshold amount will be set at $50. Sellers can set or change their threshold amount at any time. Sellers electing to receive their payment by check will not receive a check until their seller account balance reaches the threshold set on the account. Checks will be mailed two weeks after the end pay period. If your account balance is above your set threshold amount on the 15th of the month or on the 30th of the month, we will send you a check for the full amount of your seller's account. If your seller's account balance is less than the threshold amount, no payment will be sent. Sellers electing to be paid by check are subject to a $1.50 fee per check issued. No check will be sent if the account balance is less than $1.50.
[Obviously they want to push Direct Deposit..]
I have been on Direct Deposit with them for a year and a half, with no problems. Some people have had problems, but there are ways to protect yourself [open a checking account, maybe net-based, for use only with Half.com, etc.] If you're on DD, you get paid up to twice a month; the pay periods end roughly on the 15th and the last day; so if you had a sale on the 7th, you would get paid about a week into the next period [call it, the 22nd.]
