Afterpay for sellers
I've had TM for years but have only just made my first sale via Afterpay. The balance is sitting in my account - when does it get transferred to my nominated bank account?
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S Community Superuser
Kia Ora chch881,
If you've activated your Afterpay registration already funds are automatically transferred to your nominated Bank account at 7:am each day therefore any payments received after 7:am will go out the following day - from there it may take a day or 2 for your bank to process the batch. - Congratulations on your sale. - Cheers.
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Appreciate your help
If I have activated my bank account for ping payouts - does that mean it has been activated for Afterpay payouts?
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S Community Superuser
Thanks chch881,
No, Afterpay activation is separate to Ping - Take a look through your My TradeMe to see if you have a blue Activate bar alongside Afterpay - If not you most likely have activated it when you registered for Afterpay. - If the Activate bar shows check your bank account for a 1cent deposit with a 6 digit code - it can take a day or 2 for the 1cent to appear, once you see it with the code go back into My TradeMe to select the Activate bar & enter the 6 digit code. - You'll be set from there. - Cheers.
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What if your Bank (cooperative) doesn't supply a six-digit code? Apparently all others do just not this Bank, I phoned them and they said they had no code showing, nor does it show on my online statement.
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S Community Superuser
Kia Ora kurtweill,
Can you see the 1cent deposit TradeMe have paid into your Bank account? - This will be accompanied with the 6 digit code TradeMe have placed - by entering their code it confirms for the company they have the correct Bank account number for you for transferring your Pay Now/Afterpay account funds into. - Cheers.
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