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A new way to verify your bank account for managed payments

sheila@ebay
eBay Staff (Alumni)

Sellers,

 

We’ve made it easier for you to register for managed payments by introducing a new method to safely verify your bank account using microdeposits.  

 

With this new method, eBay will make two microdeposits in unique amounts to your bank account to verify that we have the correct bank account information for you. The microdeposits will usually post to your bank account within 1-3 business days. 

 

To identify the microdeposits, look for 2 small microdeposits in your account transaction history. Once you receive the deposits, you may return to eBay’s registration site to enter the amounts you received. Once verified, you will receive an email confirming your account. We’ll withdraw the amount of the microdeposits from your bank account typically within 3 business days.

 

If the amounts you enter do not match eBay’s records, you must verify your account using an alternative verification method.

 

In addition to microdeposits, you may also link your account directly to your seller account using eBay’s bank log-in feature. 

 

We’re excited to be offering a simpler way for Sellers to verify their bank account for managed payments.

 

As always, thank you for selling on eBay.

Sheila
Community Manager
eBay
Message 1 of 280
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279 REPLIES 279

A new way to verify your bank account for managed payments


@wegotcoolstuff4u wrote:

This is exactly what is happening to me, too.  I have verified my account at least 4 times.  I even got a message that it was confirmed. Now it says I need to verify again.

All payments have been held for the last week, and I can't get hold of anyone.  They either won't let me request a call, or they don't call when I can.  Once I got a person, and mid-way through the call it dropped, with no call back.

They are holding so much of my money, and I no way to get it???

 This is ridiculous!!  

HELP!


@wegotcoolstuff4u 

 

Verify this stuff.  I know some may seem simple, but it could be the issue.

 

  1. Make sure you birth date is correct on your Ebay set up.
  2. Your primary address can NOT be a PO box, it needs to be a physical address.
  3. Your name on your Ebay account must PERFECTLY match your bank account you want to attach without the least little exception.  If you have a middle initial on one and not the other, that will be enough to cause you issues.  They must be perfectly matched.
  4. Verify your routing number and account number before entering it.  Review it carefully on screen before committing it.  If you have the need to correct your routing number or your bank account number, clear the field FIRST.  Then re-enter the numbers.  Sounds unimportant, but it is something that can make the difference.
  5.   Verify that your SSN, EIN or TIN is correctly entered, no dashes, just numbers.

mam98031  •  Volunteer Community Member  •  Buyer/Seller since 1999
Message 151 of 280
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A new way to verify your bank account for managed payments

Help...ebay owes me for every transaction I have made in January.  I have checked and rechecked everything, and still if cannot verify.  I spoken on the phone to ebay and they don't seem to give me any help except tell me to do what I keep doing over and over again.  I have contacted my bank, and they tell me there are no pending deposits yet ebay keeps trying and failing.  I am at a total loss.  Meanwhile, all of my customers are happy (100% positive feedback), ebay is happy because they too $2,000 in fees, and I get NOTHING.  I am owed over $5,200 and  have ended all of my remaining 500+ listings until this is resolved.  I just think ebay is just giving me the runaround and I am sick over it.  They are not getting another cent until I get my money.  Way to take care of a customer for 22 years.  Please help,  please.  I have taken all of the community member's suggestions to no avail.  The 2 small deposits that were said to have gone through to verify did not.  I have checked my numbers.  I need to see if ebay has checked the numbers on their end, because this must the the reason.  They had to have put the wrong info in on their end.

Message 152 of 280
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A new way to verify your bank account for managed payments

Where on ebay registration site do you go to post the micro deposit amounts?

Message 153 of 280
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A new way to verify your bank account for managed payments

Same.  ebay sent email stating they had made 2 microdeposits-now a week later there is still no MD in my account???

 

Message 154 of 280
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A new way to verify your bank account for managed payments

Hi

 

I got the two micro deposits. You say go the the registration site but i cant find it.  Can you tell me exavtly how to get into this site so i can put in the two deposits. My trading name is creationzonline.

 

Thanks

 

Cedric VanCuylenburg

Message 155 of 280
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A new way to verify your bank account for managed payments

https://www.ebay.com/help/selling/getting-paid/submitting-updating-information-managed-payments?id=4...
Try this link ^^^ or it should have info on the email you received.


Everyone has options. Just be sure the best option is right for you.
Message 156 of 280
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A new way to verify your bank account for managed payments

I received my two micro deposits.  I verified them.  The two micro deposits were removed from checking.  I thought everything was ok but still getting message saying

more bank info is needed. What the heck?

Message 157 of 280
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A new way to verify your bank account for managed payments

My Bank is not listed in your choices.  ALL IN CREDIT UNION. P.O. BOX 8.  DALEVILLE AL. 36322

WWW.ALLINCU.COM. USEDTO BE ARMY AVIATIONCENTER FEDERAL CREDIT UNION

I HAVE BEEN GETTING DEPOSITS SINCE THIS STARTED RANDY HUNTER

 

Message 158 of 280
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A new way to verify your bank account for managed payments

I haven’t received any micro deposits yet. What should I do? 

Message 159 of 280
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A new way to verify your bank account for managed payments

I'm having the same problem. 

Message 160 of 280
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A new way to verify your bank account for managed payments

I haven't gotten the microtransactions from eBay to confirm my account information now my account might get locked.  What do I do?

Message 161 of 280
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A new way to verify your bank account for managed payments

I received two micro-deposits, €0,20 and €0,70 on June 3 and tried to enter the amounts on your verification page, but received a message that you could not verify the amounts, which were apparently not registered either.

What should I do?

Kind regards,

Harry Larsen Rice

Message 162 of 280
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A new way to verify your bank account for managed payments

Highly useful. Thanks for sharing. 

Message 163 of 280
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A new way to verify your bank account for managed payments

You're only getting around to this NOW?

Other auction sites I buy on have done this forever!

Message 164 of 280
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A new way to verify your bank account for managed payments

I guess eBay never heard of cash flow.

 

They have, but their motto is "Cash flow for me, but not for thee."

Message 165 of 280
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