Was looking forward to the idea of payments straight from ebay & believed that their would be at least a tiny bit of savings involved but I have been pretty disappointed. Appears to me these changes are more to the advantage of ebay itself and buyers.
The only real advantage in my option is ebay removes final value fees before sending instead of requiring payment at the end of the month.
Other than that I have been fairly underwhelmed with the new payments system; below are my reasons (may be more specific to fine mineral specimens):
1. The change that affects my business by far the most is how long it takes to receive payments; it was instantaneously available in paypal before, but now items must be shipped & I have to wait another (1-3 days), sometimes more, for the payment to arrive!
Overall it now takes (2-4 days) on average to receive a payment that I used to get instantly which delays important mineral acquisitions for my business.
I really don't believe holding funds is necessary for long term sellers and only acts to protect ebay.
2. Overall payments are at least the same with final value fees up to (13.8%). I also notice these fees apply to the taxes, which ebay just ends up taking back; I find that pretty sneaky & unorthodox to charge fees on imposed taxes!
3. As far as I can tell the addition of more payment options with this new payment system hasn't helped sales or brought more customers. And as a fellow ebay buyer I actually found it more tedious making purchases with paypal as it requires logging in before a payment can be made every time.
Overall, I was hoping this change would be a positive one but instead it's making me consider moving away from ebay entirely as there are many other available platforms that may provide better service.
Anyone else out there having similar issues with the new payment platform?
