09-11-2020 07:45 PM
Well I guess I have 4 more days to sell what I can on ebay before I cancel all my seller items. No way to opt out of ebays bad attempt to manage payments. You are supposed to move forward in technology....not take five steps backwards into the stone age. Cleared all my saved searches. No active bids left for me to worry about. Just one pre order for a month from now. I hope more people will join me in not taking part at this horribly implemented roll out. If I was in their tech department I would be ashamed of how this all went down. Its been fun while it lasted. Not the first time I left ebay for a couple years to let their bad decisions run their course before pulling the capsized boat right again.
09-11-2020 08:47 PM
I've been in managed payments for a month or so. Nothing's changed, except my fees are slightly lower.
09-11-2020 11:54 PM
There are absolutely some problems for some seller in MP. And many others are not experiencing problems. I'm in Mp and am not having any problems. I do weekly payouts and that works terrific for me.
If you change your mind, make sure before you register that the name you have on your Ebay account is EXACTLY how it reads on your checking account you want to attach. No difference, not even a middle initial. They must perfectly match. If you do have a difference. Change your Ebay account set up BEFORE registering and make it match your bank account. That is where many of the problems came from for some sellers. There are some other issues too, but that was a very common issue.
If you have some questions about the program, then ask. Not all the stories you may have read on the threads may be accurate as some are written by those that have never used MP.
09-12-2020 07:32 AM
I've been in MP since October 2018. I did have to change my name on ebay to match my checking account name. I don't use my given first name, so it's weird to see ebay say HI (FIRST NAME) ! in the upper left corner.
I selected daily payouts, and it is taking 4 days from when the buyer pays to when the amount actually arrives in my checking account. I use a major bank now, but previously it was taking a bit longer when I used my federal credit union (only branches in 2 states).
Good luck to you.
09-13-2020 08:49 PM
Glad you're getting out in time!!!!!!!! I wished I had been that smart!!!
They are holding over $2500.00 of my money right now! I've done $268,685.60 worth of business with eBay over the years and it has gotten worse and worse for sellers in the last few years.
Sent all the info they asked for when this MP system started. Setup up for the daily payouts.........that take 5 days........but at least that was consistent.....at first. Got a notice that something was wrong with my bank data or something. Mind you.........this has been working for YEARS with PayPal and eBay....NO CHANGES WHAT SO EVER...........NOW something is wrong? The part that is wrong is eBay's Managed Payments!
Now....they have been holding over $2500 due to this "inconsistency" in their system...........I've been doing the "support dance" now for a week.........no help.
In 3 more days, I will contact my buyers and tell them what's happening.........then refund their money, take a loss on what I've shipped out thinking eBay would get it straight and RUN AWAY from this mess they've made out of eBay!!!!!!