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Why does it take so long for funds to clear on Fiverr?

Last updated on September 24, 2022 @ 9:13 pm

According to the Fiverr website, “Fiverr is the world’s largest platform for creative professionals to find and work on projects. Over 350,000 people use Fiverr to find creative and innovative solutions to their problems.” This large user base creates a significant amount of work that needs to be completed in a timely manner. Unfortunately, it can sometimes take weeks, or even months, for funds to clear on Fiverr.

PRO TIP: If you’re wondering why it’s taking so long for your Fiverr funds to clear, there are a few things to keep in mind. First, Fiverr needs to verify the quality of your work before releasing funds. Second, Fiverr may be holding onto your funds in order to prevent chargebacks (when a buyer requests a refund from their bank). Lastly, if you’re selling digital products, Fiverr may wait until the buyer has downloaded and accessed the product before releasing funds. So if you’re wondering why it’s taking a while for your Fiverr earnings to hit your account, don’t worry, it’s normal!

This is because Fiverr relies on a payment system that requires buyers to pay for completed projects with a five-day waiting period. This waiting period gives buyers time to review the project and ensure that it is satisfactory before submitting payment. If the buyer is not happy with the project after the waiting period has expired, they can cancel the purchase and receive a full refund.

Dale Leydon

Dale Leydon

Sysadmin turned Javascript developer. Owner of 20+ apps graveyard, and a couple of successful ones.