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Managed payments SUCK

This new payments system sucks. I don't get my money right away & it's not going into my paypal account. It is screwing up my accounting and making it harder to pay for shipping as I have to transfer money into my paypal to pay for shipping. I don't know which items they are giving me my money for. They get to hold onto it in their bank and are making millions on interest while they have it thinking we are stupid and have no idea what they are doing. It is making things so much harder to sell on here. No wonder the honest dealers are leaving, I'm about to call it quits as well. I want to handle my own funds. I'm not a 14 year old that needs help managing his money. Tell eBay to GIVE us back our MONEY!

Message 1 of 361
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Re: Managed payments SUCK


@stereo3303 wrote:

its interesting they didnt allow us to decide what we want as sellers...like allowing those who want to switch to switch and others to not if they dont. I for one after the 20th wont be selleing anymore as i wont give ebay my ssn or bank account info.


@stereo3303 

 

The option would be VERY unusual indeed.  No other site that has their own money processing program allows the sellers to pick either.  Amazon, Etsy, Mercari, Poshmark, Offerup, etc.

 

May I ask why it bothers you to give the info to Ebay when you gave it to PP?  What is the distinction for you?  I ask because I'm curious, I'm not picking on you in any way.  YOu have every right to decide what is best for you.


mam98031  •  Volunteer Community Member  •  Buyer/Seller since 1999
Message 121 of 361
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Re: Managed payments SUCK

100% agree. And once you're in, you're stuck there. I just got off chat with the Managed Payments rep and they said you can't go back. I told them that its not good for the seller or the buyer, its only good for eBay because they get to keep your money longer. I sold an item Friday. It's Tuesday and I still haven't been paid. I won't ship until I have cash. So the buyer will probably give me negative feedback. I'm done with eBay. I'll just sell on Facebook from now on.

Message 122 of 361
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Re: Managed payments SUCK

youre missing the point...he has to deposit money from his bank account that ebay is linked to into his paypall account in order to pay for shipping. stupid **bleep** way to do things. plus ebay is just squeezing us all into the electronic funnel so we can be shut down with one click when we dont comply with their stupid rules. Im sick of it. it gets worse and worse every year. nobody needs ebay managing their money. ebay did not do this for sellers or buyers, they did it for their own power trip. stupid fees keep going up and NEVER down. I wish some super hacker would come along and steal all of ebays traffic and start a new FAIR ecommerce selling alternative.

Message 123 of 361
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Re: Managed payments SUCK

oh **bleep**...just when I thought it couldnt get worse...this is like communism.

Message 124 of 361
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Re: Managed payments SUCK

@jimmysdown 

 

youre missing the point...he has to deposit money from his bank account that ebay is linked to into his paypall account in order to pay for shipping. stupid **bleep** way to do things.

 

NO they don't.  That is a CHOICE.  Sellers in MP can choose right on the label creation screen to have the cost funded by MP or PP, seller choice.  Best to learn the rules before judging others.

 

MP Funding a Label.JPG

 

 

plus ebay is just squeezing us all into the electronic funnel so we can be shut down with one click when we dont comply with their stupid rules.

 

There is no evidence of that and is just a conspiracy theory with nothing to support it.

 

Im sick of it. it gets worse and worse every year. nobody needs ebay managing their money. ebay did not do this for sellers or buyers, they did it for their own power trip. stupid fees keep going up and NEVER down.

 

Fees in MP did not go up for most sellers.  They are neutral or slightly less.  For some sellers that were using PP's micro deposit program, they were the ones that are experiencing fee increases.

 

To better understand this you need to understand the structure in which the MP simplified fee is applied.

 

37.JPG

 

I wish some super hacker would come along and steal all of ebays traffic and start a new FAIR ecommerce selling alternative.

 

And bankrupt millions of sellers in one swoop.  That's what we need now with the economy the way it is for far too many people that are struggling to put food on the table.

 

With a better understanding of the facts, you may see things a bit differently or you may not.  But it is better knowing the facts than assumptions.


mam98031  •  Volunteer Community Member  •  Buyer/Seller since 1999
Message 125 of 361
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Re: Managed payments SUCK

Same here.  What's going on over there?  It's a flop...

Message 126 of 361
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Re: Managed payments SUCK


@jimmysdown wrote:

oh **bleep**...just when I thought it couldnt get worse...this is like communism.


Good grief.  Every similar site to Ebay has their own money processing program, scramble emails and all that other stuff.  There is a big world out there.  You should take a peek at some of the other sites similar to Ebay.  Etsy, Amazon, Mercari, Poshmark, etc.  Ebay was the last to have their own money processing program.  We were just spoiled and it is hard to stitch from PP to MP.

 

 


mam98031  •  Volunteer Community Member  •  Buyer/Seller since 1999
Message 127 of 361
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Re: Managed payments SUCK

There is no gun to your head - sell where you want.  ebay is fair - they offer a service to you, and you have taken their offer.  If it isn’t fair, why are you selling here?

Message 128 of 361
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Re: Managed payments SUCK

I took their offer when terms were good and before they became greed and only greed driven.

Message 129 of 361
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Re: Managed payments SUCK


@mach128 wrote:

I took their offer when terms were good and before they became greed and only greed driven.


Why is it "greed" for Ebay, a for profit corporation, to make a profit?  Why is it NOT "greed" when sellers want to make a profit?  How is it different?

 

We are all here to make a profit therefore from what you have said then we all "greed driven"!


mam98031  •  Volunteer Community Member  •  Buyer/Seller since 1999
Message 130 of 361
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Re: Managed payments SUCK

This new payments system sucks. I don't get my money right away & it's not going into my paypal account. It is screwing up my accounting and making it harder to pay for shipping as I have to transfer money into my paypal to pay for shipping. I don't know which items they are giving me my money for. They get to hold onto it in their bank and are making millions on interest while they have it thinking we are stupid and have no idea what they are doing. It is making things so much harder to sell on here. No wonder the honest dealers are leaving, I'm about to call it quits as well. I want to handle my own funds. I'm not a 14 year old that needs help managing his money. Tell eBay to GIVE us back our MONEY!

 

 

I could not agree MORE: I am never selling again on E Bay plus the rates went up. 12% they charged me. 5 days and still no money in my account. I cant ship until I see the money in my Bank. I now must change my handling time to 7 days if I was going to sell on E Bay. Corporate Greed made them stop using Pay Pal. Stupid as it worked and worked well. Now their Customer Service call back number is out of service, try again tomorrow. Horrid looks like another California Company turned into a Socialist Company, for the owners and share holders, screw the buyers and sellers. 

Message 131 of 361
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Re: Managed payments SUCK

I guess Ebay will find out that their success is because of sellers . Way to reward us , why not pull this "ebay's bleep" with newbies?

Message 132 of 361
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Re: Managed payments SUCK

I just started it and I see NO benefit to this whatsoever! I was forced to switch PER EBAY when I did not want to and I just compared an item I sold last week for $10 with free shipping compared to one I just sold today and I was charged $1.23 in fees plus .30 which I have no clue what that is for. In the end I paid only $1 last week now this week 1.53! So .53 more PLUS free shipping! I do not see any benefit to this at all! SO since we still get a fee if we charge shipping or not what is the benefit to ship free? I was doing it to avoid a fee but it doesn't matter and how does one benefit from having a store anymore? I also do not like the fact that shipping comes out of paypal and we have to wait to get the money in the bank. I don't know if I will continue to sell on Ebay after 15 years this is a total nightmare and rip off!

Message 133 of 361
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Re: Managed payments SUCK

Really? Well that's helpful. I did not see that at all.

Message 134 of 361
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Re: Managed payments SUCK

Only problem is that eBay never in 2 years supports the SELLERs... then they put on top this dumpster fire program I could make in a hour in Visual Studio and plus they never take their **bleep**in time to test it before they throw it on live like a kid in a candy shop. They are worse then lazy hippies.

Message 135 of 361
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