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I want to resign from managed payments. How can I do that?

I want to resign from managed payments. How can I do that?

Message 1 of 22
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21 REPLIES 21

I want to resign from managed payments. How can I do that?

@se-online-gallery 

 

The only way out is to stop selling.

 

All sellers will eventually be migrated into MP.

Message 2 of 22
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I want to resign from managed payments. How can I do that?

@se-online-gallery   

You can't if you wish to keep selling on eBay.  

EBay's contract with paypal is ending and they signed a new one with Adyen to process payments 

Comics-scifi_collectibles Volunteer Community Mentor
Member since 2003

Message 3 of 22
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I want to resign from managed payments. How can I do that?

What is it about MP that is driving you to this decision?  You don't have to explain, but some of us may be able to help you if we know what it is you just can't live with about MP.  IDK if we can, but we would try if you wanted us to.


mam98031  •  Volunteer Community Member  •  Buyer/Seller since 1999

"I can explain it to you, but I can't understand it for you." Quote from Edward I Koch

Message 4 of 22
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I want to resign from managed payments. How can I do that?

Yes same here, using paypal worked much better 

Message 5 of 22
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I want to resign from managed payments. How can I do that?


@jkrt2001 wrote:

Yes same here, using paypal worked much better 


It did, I think most of us would agree with that.  If you want to describe your specific issues we may be able to share information that might help.  It might not, but we might.  Give us a try.


mam98031  •  Volunteer Community Member  •  Buyer/Seller since 1999

"I can explain it to you, but I can't understand it for you." Quote from Edward I Koch

Message 6 of 22
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I want to resign from managed payments. How can I do that?


@se-online-gallery wrote:

I want to resign from managed payments. How can I do that?


The only way out is to quit selling here.

If you want to be paid, you'll have to use MP.

 

 

 

Want to wish everyone a Merry Christmas and have a Safe and Happy New Year.
Message 7 of 22
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I want to resign from managed payments. How can I do that?

I don't like how my payment goes directly to the bank, but when I buy my postage and shipping label from ebay, it is paid via PayPal. Now I have to have PayPal pay direct from my bank, but that doesn't happen unless there is no balance in my PayPal account. Much nicer before when deposits and payments went through PayPal. Ebay pulls money from my other sales that go into PayPal.

Message 8 of 22
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I want to resign from managed payments. How can I do that?


@lkmtime wrote:

I don't like how my payment goes directly to the bank, but when I buy my postage and shipping label from ebay, it is paid via PayPal. Now I have to have PayPal pay direct from my bank, but that doesn't happen unless there is no balance in my PayPal account. Much nicer before when deposits and payments went through PayPal. Ebay pulls money from my other sales that go into PayPal.


@lkmtime 

That is due to your current selection when you create your shipping labels.  You can choose to have the shipping paid via your MP account or your PP account.  Once you make a selection, it will default to that until or if you ever change it.

 

MP Funding a Label.JPG


mam98031  •  Volunteer Community Member  •  Buyer/Seller since 1999

"I can explain it to you, but I can't understand it for you." Quote from Edward I Koch

Message 9 of 22
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I want to resign from managed payments. How can I do that?

Well there's plenty of reasons not to like MP. Waiting a week for your money when you have to pay out of pocket to ship. I'm being charged a monthly fee that's much more than the 10% I usually pay (I'm being charged $17 on a $130 sale cuz I took a break due to injury so I haven't sold much lately) on TOP of they take the fees out of my cut before they pay me, so I'm getting over double charged. I'd like to know one good thing about MP so far I may be leaving. Shipping items before getting paid is doable, I wish it didn't take a week to get my money.

Message 10 of 22
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I want to resign from managed payments. How can I do that?

It's never taken a week for me to get my money. I get it between 2-1/2 and 4 days. No big deal for me.

Message 11 of 22
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I want to resign from managed payments. How can I do that?


@gamingsolutions222 wrote:

Well there's plenty of reasons not to like MP. Waiting a week for your money when you have to pay out of pocket to ship. I'm being charged a monthly fee that's much more than the 10% I usually pay (I'm being charged $17 on a $130 sale cuz I took a break due to injury so I haven't sold much lately) on TOP of they take the fees out of my cut before they pay me, so I'm getting over double charged. I'd like to know one good thing about MP so far I may be leaving. Shipping items before getting paid is doable, I wish it didn't take a week to get my money.


@gamingsolutions222 

I am guessing that the $130 in your example includes the sales tax that the buyer paid.

 

 Paypal ebay fees on $130  Ebay 10% paypal 2.9% +.30 cents equals 16.77

 

Managed payments fees on $130 12.35% equals 16.05 +.30 cents 16.36

 

I am not sure why you think you are being double charged.  

 

You can use pending funds to pay for your shipping labels.

 

pending labels.PNG

Comics-scifi_collectibles Volunteer Community Mentor
Member since 2003

Message 12 of 22
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I want to resign from managed payments. How can I do that?

When we use manage payment, after it will be introduced to our country, is it hold our money in 21 days?

Message 13 of 22
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I want to resign from managed payments. How can I do that?


@sunshine-miracle wrote:

When we use manage payment, after it will be introduced to our country, is it hold our money in 21 days?


 

@sunshine-miracle   New seller funds holds will still apply.  

 

https://www.ebay.com/help/selling/getting-paid/payouts-work-managed-payments-sellers/pending-payment...

 

 

 

 

Comics-scifi_collectibles Volunteer Community Mentor
Member since 2003

Message 14 of 22
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I want to resign from managed payments. How can I do that?

Thank you for your information

Message 15 of 22
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