Sellers,
As we continue to modernize our platform, managing payments is critical in that transformation. eBay will manage payments for most sellers in 2020. We are currently managing payments for thousands of sellers and have notified many more that we will begin managing payments for their accounts beginning late July 2020.
If you receive a notification to register, you will need to do so by the communicated deadline, which for many sellers is July 15th. This will ensure your business does not experience any disruptions after the deadline has passed. Sellers who miss their registration deadline will not be able to create new listings.
If you have been notified to register for managed payments but have not yet registered – it’s simple:
- Visit: http://ebay.com/startpayments
- Verify your information
- Provide a checking account
- Keep selling as usual
We are enabling registered sellers for managed payments in phases beginning late July.
After you have registered we will notify you of your activation date two weeks in advance. You may also receive a separate message to add or verify additional information.
All of the information shared during and after registration allows us to send your payouts and comply with Anti-Money Laundering (AML) and know-your-customer obligations, which helps keep eBay a trusted marketplace.
After activating your account on managed payments, you can view and edit your information in the Account tab of My eBay. We will use and share the information you submit as described in the Payments Terms of Use.
We protect your personal data through technical and organizational security measures to minimize risks associated with data loss, misuse, unauthorized access and unauthorized disclosure and alteration. To this end we use firewalls and data encryption, for example, as well as physical access restrictions for our data centers and authorization controls for data access.
Learn more about our data security procedures and how we ensure that the information you share with us is safe in our Security Center, and how we protect your personal information.
Running your business is simpler when eBay manages your payments, and buyers have more ways to pay. You can learn more about managed payments on Seller Center and additional information on fees is available here.
Please click here to register for managed payments now.
As always, thank you for selling on eBay.
