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PayPal

I rather use PayPal than my bank account. Can I still do that?

Thanks, Eva

Message 1 of 6
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5 REPLIES 5

PayPal

No, you can't go back.

Message 2 of 6
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PayPal

@charmeva09 

 

No, everyone will be using Managed Payments.

Have a great day.
Message 3 of 6
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PayPal

it is against ebay polciy to email you.

Lift your left leg at midnight to start off on the right foot. Happy new Year!
Message 4 of 6
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PayPal

@charmeva09   eBay's contract with PayPal expires this year so they are replacing them with Adyen and your sales proceeds will be sent directly to your bank.  eBay will initiate a Payout to you 2-4 days after the sale and then your bank will take 1-3 days to place the money in your bank account.

eBay takes their fees at the time of the sale but you have to wait for your money.  You can select either Daily or Weekly Payouts.  Daily means Business days so they do NOT pay you on weekends or Holidays so that's about 110 days per year you don't get paid.  You can select Weekly Payouts but the ONLY day eBay will make a weekly Payout is Tuesdays and eBay will NOT change that day ... ironically, there are 6-8 Monday Holidays each year so what happens is eBay does NOT pay you any of your weekend sales on a Monday Holiday weekend, they keep your money for an extra week.

These are all facts, just thought you should know.

Regards,
Mr. Lincoln - Community Mentor
Message 5 of 6
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PayPal

@mr_lincoln 

 

Ebay's contract with PP doesn't expire until 2023.  So those sellers that haven't been transferred over to MP yet are fine, they will still have their PP account available until such time as they are in MP.


mam98031  •  Volunteer Community Member  •  Buyer/Seller since 1999
Message 6 of 6
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