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Delayed payment option

Suggest a Feature

We’d like the ability to offer delayed payment options for sellers, such as:

  • Payment after 15 days

  • Payment after 30 days

  • Payment once the item is sold

The idea is to incentivize customers to choose these options by potentially receiving a higher payout for their device if they are willing to wait. This could help us:

  • Give customers more control over their trade-in

  • Encourage sellers to list higher-value items

  • Align payouts with our sales cycles while keeping users happy

We’d love to hear your thoughts.

Thank you for considering!
Best,

Jyoti

1 comment

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Comments1

  • Fuchsia Eagle

    •

    Nov 5, 2025

    Hi @Jyoti Bajaj

    Thank you for your feedback and for requesting this feature.

    It looks like you’re also interested in hearing our thoughts on this. I’m happy to share mine — not as a Reusely team member — but as someone who ran a buyback business for over a decade. So please take this as an “outsider” opinion.

    One major thing I learned over the years is this: customers will almost always choose faster payouts over higher payouts.

    For example:

    A customer might see Company X offering $130 for a device but taking 2 weeks to pay, while Company Y offers $100 and pays in 3–4 days. In reality, most customers will choose Company Y — because they value getting their money faster.

    Customers do not like “we will pay you more if you let us delay your payout.”

    When I realized this, I created a Same-Day Payment Guarantee — meaning: I promised to process payments the same day I received the device as long as the condition matched what the customer selected. The result?

    • I started getting more buybacks.

    • Customers started choosing conditions more carefully so their payment wouldn’t be delayed - somehitng I loved.

    Also — as a seller myself (when I was running a buyback business) , I always preferred to sell to buyers who paid faster, even if the price was slightly lower.

    Again — this is just my opinion. Others may have different experiences.

    But from what I’ve seen, offering a “bonus” in exchange for slower payouts usually hurts conversion — not the other way around.