04-10-2021 11:31 AM
What is the point in cutting out PayPal and going to our bank account just for you’re company to raise fees from 10% to 12.35% plus .30 cents on every sale? It’s all the same maybe even more just so you can make more money. I get we pay for the service and protective but I think you guys are taking enough.
04-10-2021 11:32 AM
Didn’t help us at all only you.
04-10-2021 01:34 PM - edited 04-10-2021 01:38 PM
@michaelcollectible wrote:What is the point in cutting out PayPal and going to our bank account
Because Pay Pal didn't sign another contract with Ebay and they won't be processing the payments anymore.
04-10-2021 01:45 PM
Did you miss the fact that, with Paypal, your total fee, in most cases, was about 12.9% plus 30 cents.
And, that was minimally a higher cost than the current 12.35% plus 30 cents, and that Paypal is out of the picture?
04-10-2021 02:19 PM
My fees have gone down a bit in MP, though just a tad bit. I think that's most people's experience. I like that the fees are all in one place now, it's more streamlined.
04-10-2021 02:54 PM
It seems like you don't understand who you are addressing when posting here.
These Boards are staffed by a very large number of experienced eBay buyers and sellers who volunteer our time here to help others and answer questions when we can.
We're not eBay employees, none of us.
Therefore, the "your company" and "just so you can make more money" and "I think you guys are taking enough" do not apply at all and I believe you need to do just a little bit more reading.
You're welcome.
04-10-2021 03:07 PM - edited 04-10-2021 03:08 PM
Yup, the big "sales pitch" for MP was that sellers will SAVE money on fees.... I've yet to see any savings. I'm losing 40% after shipping and fees on my sales.... so if I sell $500 in a month, I clear maybe $300 if I'm lucky...
That doesn't include my costs for packing materials, ink for my printer to print labels (cause that's the only thing I use my printer for)....
Gets to the point of... what's the point? Am I wasting my time...? I LOVE selling, but I also dislike getting screwwed over just as much, if not more.
04-14-2021 10:48 AM
I see, I didn’t take that into account that they have the processing fees to the bank, thank you
04-14-2021 11:27 AM
I hesitate to ask this, but, since the FVF is now about 12.35% plus 30 cents, a little less than the eBay fee plus the Paypal fee previously, and you state your loss is now 40%, maybe it's time to re-evaluate your pricing. Don't see how eBay fees are entirely to blame for your loss.