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ebay: what is a final value fee credit?

I listed an item on ebay. But I needed to cancel all bids because the item is no longer for sale.
Someone bidded at the last second.
They declined me request to cancel the transaction
ebay have said to me:
"Cancel transaction case is now closed. You haven’t received a Final Value Fee credit yet."

What does this mean?
Thanks

In simple term – you wouldn’t get your money back. eBay added that little amount to their profit margin and told you nicely thanks for using eBay and paying them for nothing.

  1. John
    June 14th, 2012 at 05:31 | #1

    In simple term – you wouldn’t get your money back. eBay added that little amount to their profit margin and told you nicely thanks for using eBay and paying them for nothing.
    References :

  2. Sez
    June 14th, 2012 at 05:57 | #2

    When you sell something on eBay they take a percentage away from you if you sell the item. If you sell the item then they wil charge you a fee for placing the advert and final value fee (which you are talking about) which would be 8.75% of the amount of the winning bid up to £29.99. This only applies if the item was sold. As someone had placed a bid on the item before you were able to cancel it, you will be charged 8.75% of whatever they bidded plus an insertion fee.
    References :

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