I just started with 2Checkout.com and they have been unable to answer my question....

when a customer purchases something via 2checkout it shows in the main page(the one you get after you login)

Total Single Sales Billed Awaiting Processing to Vendor: $ 118.20

In the Sales Activity page, under Sales it shows pending for that $118.20 order. The other order i have in there shows a release date.

My question is, how long before pending becomes released?

And when it shows a release date, does that mean the funds will be transferred into my account directly??

I believe twice a month, the 15th and the 30th/31th

1st and 16th

1st and 16th as method5 said..

To have them transferred to your bank account directly you will need to set your banking details in admin area, else they will send a check to the address you specify.

EDIT: They might also hold your funds for first batch if you just signed up.

Originally posted by Varun Shoor
1st and 16th as method5 said..

To have them transferred to your bank account directly you will need to set your banking details in admin area, else they will send a check to the address you specify.

EDIT: They might also hold your funds for first batch if you just signed up.

I signed up Jan 16 (or 17) my first deposit of $1000 is en route to my bank (too bad they're holding my other $1700 until next pay period).

There is a $1000 per period limit, anything over that gets held until the next pay period according to their site. Which seems to be exactly how it's working, and if I read it right, next period they'll only let me have $1000 of what I bring in from Feb1-Feb15 + the portion they held ($1700) so next deposit should be $2700 with a holdover of whatever over $1000 I have this 2 weeks.

You are wrong there, the reserve funds can easily be raised when you show legitimacy of your business or when you are with them for some time (its mentioned in FAQ)

The only time it had been implemented where during my first month, after that I havent experienced any such reserve limit except for like $200 or so during the month of december.

TomD said after 90 days they'd consider upping the reserve on accounts, so I can only go by what they say and what the site says.

It does mention that people doing over $1000 a week can get some sort of special treatment.

Correct, people doing more than $1000/week can get weekly transfers to their accounts :)

I signed up Jan 16 (or 17) my first deposit of $1000 is en route to my bank (too bad they're holding my other $1700 until next pay period).

There is a $1000 per period limit, anything over that gets held until the next pay period according to their site. Which seems to be exactly how it's working, and if I read it right, next period they'll only let me have $1000 of what I bring in from Feb1-Feb15 + the portion they held ($1700) so next deposit should be $2700 with a holdover of whatever over $1000 I have this 2 weeks.



This is only for NON-US based companies. Also, I think if you have a good record with them you can email and ask for it to be removed.