Payment hold
To keep the Spot It Marketplace safe for buyers and sellers we may need to put a hold on your funds.
How payment hold works
- New sellers will have a payment hold of up to 14 days.
- Infrequent sellers will have a payment hold of up to 14 days.
- Previously suspended sellers will have a payment hold of 30 days, while we confirm the items have been delivered.
- High priced items will have a payment hold of up to 30 days, for the protection of the buyer.
Note
- An infrequent seller is someone who has not sold an item in 90 days.
- An high priced item is any item sold for $500.00 or more.
- Funds will be held securely by Stripe. Spot It will not earn any interest on these funds.