I’m new to Fiverr selling and am wondering why it takes so long for the funds to clear once an order has been delivered and the payment has been made?
It’s a tradition on freelancing sites that payments, though approved by Buyer/Client, is subject to “clearing period” which ranges from 7 days on some sites, to months on some others. It is a form of safeguard put in place for the interest of the Seller/Contractor and the Buyer/Client. On here, it takes 14 days for payments to clear except for TRS class of Sellers whose payments clear within 7 days.
This is how the system works. You may call it "A security purpose."
Moreover, TRS has half of the time to clear the funds. Run for it!