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Why is ebay asking for such personal information
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Why is ebay asking for such personal information
disneyshopper
Mentor8 months agoebay now uses Managed Payments to pay sellers. Have you submitted your SSN, driver's license, checking account, bank statement? These items are needed to comply with the government's KYC..Know Your Customer/Client. Once that is done, when the buyer pays and selects his method of payment (Paypal, credit/debit card, ApplePay or GooglePay) the payment goes to Managed Payments. When ebay tells you that the buyer has paid and you need to ship, you ship within your handling time. Meanwhile, MP processes the payment and sends it to the checking account you specified. Your bank then processes the payment, which can take 1-4 days before it actually credits your checking account.