Hello, I’m new, and have a question. I completed my first fiverr gig, and want to put my money into pay pal. This would be okay, except that although it says I have been paid, I can’t withdraw my money. What is the reason behind this? Is there a waiting period?
I recommend that you wait to withdraw funds until you have at least $50. Paypal charge a 2% fee on the money transferred, capping at $1.00. So for amounts less than $50, where 2% is $1.00, the fee can make quite a dent in your actual income.
You cannot withdraw any funds until the funds have cleared which takes between 14 and 17 days.
How long for delivered order to Clear?
- Upon delivery, orders take 0 to 3 days to “Complete” (3rd day is auto-complete).
- Once “Complete”, it takes another 14 days for funds to “Clear”.
- So funds “Clear” and are “Available” in 14 to 17 days.
– You cannot connect your PayPal until you have funds “Available”.
Fiverr Orders have Statuses.
Go to your Sales Area and see a row with the Statuses listed below.
- A drop down enables you to sort through the Categories.
Active (order is In Progress)
- Active Orders can also be “InComplete” if Buyer did not submit information required (the Clock will not start). Seller can use the “Nudge” feature to alert Buyer to submit required info through the “Order Page”. Once Buyer submits info, Order Status becomes “In Progess” and the Clock tarts.
Completed (order is delivered and one of the following occurss)
A) Completed by Buyer.
- Buyer accepts delivery and leaves a Positive review, a Negative review or No review.
B) Auto complete (Buyer does not accept delivery and the Order “Auto Completes” in 3 days)
Delivered (order is delivered, but Buyer hasn’t picked it up)
- Buyer can “Reject/Request Modification”. And Seller must redeliver and the cycle restarts with A or B above.
Cancelled (order was cancelled by Buyer or Seller)
NOTE: Funds are not available until;
- The order is completed (see Completed A / B above)
- And the 14 day pending period expires
– Funds available take up to 17 days (1 to 3 days + 14 day pending period)
Thanks so much! This really helped. I wish you the best on fiverr!