Is eBays payment system safe and FDIC insured

[bivv_0]

Hello, We are a company that sell items that have a cost range from $450. to $1k+. The items are made in the U.S. and ship same day from our online outlet. We are about to try ebay but have been reading some posts and watching the news that has us really worried. 

How safe is ebays payment system? Is it secure and encrypted? Is it FDIC insured in all States?

[dugoldstuff]

OP proves why satire shines a light on reality better than the rants of namecallers.

[dugoldstuff]

It's called SATIRE, like "Saturday Night Live" is.

Imitation is the best form of criticism.

Courtesy of Merriam Webster:

SATIRE applies to writing that exposes or ridicules conduct, doctrines, or institutions either by direct criticism or more often through irony, parody, or caricature.

[vintage-car-magazines]

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@dugoldstuff wrote:

It's called SATIRE, like "Saturday Night Live" is.

Imitation is the best form of criticism.

Courtesy of Merriam Webster:

SATIRE applies to writing that exposes or ridicules conduct, doctrines, or institutions either by direct criticism or more often through irony, parody, or caricature.

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What part is satire?

[dugoldstuff]

It's called SATIRE, what the OP did.

Per Merriam Webster:

SATIRE applies to writing that exposes or ridicules conduct, doctrines, or institutions either by direct criticism or more often through irony, parody, or caricature.

15 feedbacks? Really?

[dugoldstuff]

The point is that most financial transfer/holding institutions are REGULATED.

How eBay deals with sellers' funds IS NOT.

When the eBay proxies hear think they are clinching and argument by saying "It's eBay's site; they can do whatever they want," they are actually making the case against eBay.  Who wants to put their livelihood into the hands of someone who can "do whatever they want" to you? It's actually an argument against selling on eBay.

The steadily mounting abuses that eBay perpetuates on its sellers, and the constant flaunting of "we can do whatever we want," surely means that regulation will one day happen, and it can't happen soon enough.

[dugoldstuff]

He'll never tell.

[vintage-car-magazines]

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@dugoldstuff wrote:

It's called SATIRE, what the OP did.

Per Merriam Webster:

SATIRE applies to writing that exposes or ridicules conduct, doctrines, or institutions either by direct criticism or more often through irony, parody, or caricature.

15 feedbacks? Really?

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How can you be certain what the OP intended? Are you the OP?

[dugoldstuff]

They are probably rushing out to buy some Hunter Biden paintings to list too, so they can curry favor with the Dems.

[dugoldstuff]

Right.

And with Covid and how long they were locked down out there in CA, they had plenty of time on their hands.

[pikabo-icu]

There's a word for what the OP did but satire is NOT it..

There is no need for eBay or Adyen to be FDIC insured- they do NOT hold deposits for long periods. They are NOT going to fail & go bankrupt with a bunch of other peoples money. 

[chapeau-noir]

Baiting and satire do have a bit of an overlap - that wasn't achieved here, though.

And what Hunter Biden or political parties have to do with this eludes me - attempt at irony?

[dugoldstuff]

OP's OP was satire.

[7606dennis]

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@pikabo-icu wrote:

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@bivv_0 wrote:

Thanks.

We have 7 URL's and 1 brand outlet in NY,NY we've used PayPal for online sales since 2006 and have no problems or issues as stated here. "constraints" is there more?

I notice you have no items for sell?

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Adyen, the processor eBay chose is as secure as Paypal I'm sure.

They wouldn't have select that company to process payments if they weren't secure. 

Many people here use a posting ID to post on the boards rather than their selling ID but why is that even relevant? 

You're making this seem sketchy & unsafe, it's not. It's no less safe than Paypal. Again the biggest issue is cc chargebacks and/or scamming buyers.

Selling limits are put on new sellers for good reason, to protect BOTH buyer and seller. You get a chance to learn and prove yourself worthy of higher limits, without risking high value items until you have some experience. 

All the sellers here or at least MOST went through the fire too. 

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Since PayPal is a money transfer agent and not a bank, they were not FDIC insured either.

[dugoldstuff]

No reader ever knows a writer's intent. Ever. That's why the best literary criticism never is based on that.  Any course in literature will teach you that.

So appreciating what a poster wrote makes you the poster? Now I've heard everything.

[7606dennis]

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@bivv_0 wrote:

Thank you. This program is not meeting our standards for a secure selling platform.

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If that is the case then you will probably need to find a different platform on which to do business.  What other alternative do you have?