I am new on Ebay managed payment - I don't see anything good for sellers here , not yet

[filippie]

I am very disappointed with the experience to date with the new eBay system for handling payments

I do not know how this benefits the seller and on the contrary it seems a great setback

1.- Payments are first processed by ebay (1-2 days) as if the payment were echeck, and then make the transfer which will also take a few days. This is ridiculous when I had 99.9% of the payments available in Paypal immediately, even with the possibility of transferring it immediately to my checking account .  

2.- Surprise eBay only transfers the net amount after deducting the sales final fees , that is, the sales final fees  will be no longer be charged in the monthly cycle but will be charged periodically to the seller.  "This is a big change without consulting or options that hurts the seller's "

3.- It is an unknown how their handling affects me in the payment of the shipping label, but everything suggests          that they also want to get something there .

4.  I am really afraid of how they will handle the claims . They really seem unprepared for this change

  I hope they improve their service. The sellers are also part of eBay and we work hard too

[a-all-limo2000]

EBAY HAS NOT AND WILL NEVER DO ANY THING FOR THE SELLERS BENEFIT.MANAGED PAYMENTS IS JUST ANOTHER WAY FOR EBAY TO CONTROL SELLERS ,AND MAKE MORE MONEY FOR THEM SELF'S.  FUNNY HOW PAYPAL WAS INSTANT NOW EBAY CANT SEEM TO DO THE SAME BUT IF YOU OWE EBAY THEY COLLECT INSTANTLY ,AGAIN WITH NO REGARDS TO THE SELLER, THEY GIVE RETURNS RATHER YOU AGREE OR NOT, WITH NO CONCERN ON HOW MUCH IT COST THE SELLER AND HAVE YOU EVER CONTACTED SELLER HELP ? WHAT A JOKE. THEY ARE KINDA LIKE COVID 19 PASS IT ON TO THE NEXT PERSON WITH NO RESOLUTION IN THE END. SORRY TO SAY BUT I HAVE BEEN SELLING ON EBAY FOR ABOUT 20 YEARS, IT WAS A LOT OF FUN AT ONE TIME 20 YEARS AGO,BUT NOW WE THE SELLERS ARE ALL THERE **bleep**ES AND THEY ARE THE PIMP. AND THEY KNOW IT.  GOOD LUCK SURVIVING 2020-2021 ON EBAY.

[kensgiftshop]

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@a-all-limo2000 wrote:

FUNNY HOW PAYPAL WAS INSTANT NOW EBAY CANT SEEM TO DO THE SAME

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That's because Pay Pal put the money up front allowing you to have it even before they received the funds sometimes.

[alcoforever]

MP wasn't designed to be good for the sellers.   It was designed to be good for ebay.

[1grandmashope_1]

Wow!  If you are that unhappy.....It really doesn't matter how long you have sold or bought here, it is their platform. Their rules.  Good, bad or indifferent.  The bottom line to MOST things is adapt or....The analogy to Covid is just wrong!  Over 180,000 humans have lost their lives, not to mention their families that are struggling with their loss.  We are talking about a platform for sales! 

I wish you only good calm thoughts.

Grandma 

[rebell45]

You forgot to mention that your going to pay FVFs on sales tax too.

[mtgraves7984]

Welcome aboard.

[reallynicestamps]

@rebell45   That's also true of Paypal. At first MP were not going to do that, but I guess they looked at how much they would be paying for passing sales tax on to the US states.

It's a couple of bucks a month for most of us, but likely millions for eBay.

FWIW- this is normal practice for any merchant who takes credit cards. We pay the same fee on price, shipping and taxes. The excuse is that the fee is for the processing service.

All I can hope for from Managed Payments is that it not be worse than PP.

The sales tax I can accept.

Not being able to put US dollar payments into my American bank is so far a deal breaker.

Not being able to attach multiple bank accounts to my MP account is a deal breaker.

Not being able to control when I move my money to my bank is a deal breaker.

Not being able to use the money in MP to buy on eBay (or elsewhere) is a deal breaker.

I've been "invited " in to the program and they don't seem to be able to understand my bank data, so they have me on the back burner. I like it here.

[reallynicestamps]

Just noticed I'm on dotCOM.

The thing about bank accounts is that we furriners can only attacch banks from our own country.

But most non-US sellers sell both at home (Canada for me) and in the USA.

Many of us have American bank accounts for our US payments, but Managed Payments exchange those for Canadian dollars (bank fees + exchange variations) and insist on depositing them into our domestic bank.