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Options for accepting payments?

Hello, it's been a while since I've sold anything on eBay.  I no longer use PayPal.  I'm a private party / not a business, and can't accept credit cards.  Never used Google Pay or Apple Pay, don't really want to.  My preferred method for accepting payment would be Zelle but looks like eBay doesn't allow it.  I'll set up something on Googe or Apple if I HAVE to - but are there any other good options?  Appreciate any info.

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Re: Options for accepting payments?

Hi @kvon6840 

 

Here is a link to the Help pages on getting paid on eBay:  Getting paid for items you've sold | eBay

 

eBay's new Payment processor is Adyen and eBay manages your Payments and sends the proceeds from your sales directly to your Bank account.  The name on your eBay account and Bank account have to match to complete the process plus you have to give eBay your SSN for a potential 1099K. 

 

You can also keep current with transactions on your Financial summary page here: Seller Hub | Your financial summary | eBay

Best regards,
Mr. Lincoln - Community Mentor
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Re: Options for accepting payments?

@kvon6840 

Your buyers pay Ebay for the item, Ebay will send your payout from your sales directly to your checking account that you register on Ebay (minus selling fees).

 

Since you are a new/infrequent seller, your payouts will be subject to a temporary hold.

lady_madonna
Volunteer Ebay Community Mentor

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Re: Options for accepting payments?

Thanks everyone, makes a little more sense now, appreciate it.

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Re: Options for accepting payments?

You will need to go through the process of setting up your account to work with Managed Payments.  That is Ebay's money processing program.  All sellers are required to use it.  We can no longer as sellers use PayPal.  Buyers can still pay with PayPal, but it will go through the Managed Payment program.

 

You do not have to worry about having credit card or debit card payments processed.  Ebay will take care of that.  There is no need for you to set up Google or Apple.

 

Here is some info you will need to comply with so you can get your account properly set up to sell now.

 

Please review the below link carefully. It contains very important information as to how Ebay needs to see the information you provide them on your account. It is likely easier to change your Ebay account to match your bank account if you find there to be a difference.


https://www.ebay.com/sh/fin/dlp


https://www.ebay.com/help/selling/getting-paid/registering-seller?id=4792

https://community.ebay.com/t5/Payments-Resources/Have-questions-about-payments-Check-out-this-post-f...

 

Good luck and Welcome back to Ebay.


mam98031  •  Volunteer Community Member  •  Buyer/Seller since 1999

"I can explain it to you, but I can't understand it for you." Quote from Edward I Koch

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