12-04-2020 09:02 AM
Managed Payments: Can one CANCEL the program and go back to the Original payment/payout way??
Do I have a choice? It takes forever to get your money with MP....
12-04-2020 09:03 AM
NO
12-04-2020 09:09 AM
Can one CANCEL the program and go back ....
No, it is a life sentence. You can sell on another or new ID that has not yet been inducted. They are not forcing new IDs into the program. It will bide you a little time before that ID is forced to use the MPayments format. Soon it will be the ONLY choice for all.
12-04-2020 09:11 AM
No; all will be on this program by end of next year. No more PP.
12-04-2020 09:24 AM
I do not like it...The payouts are way too long....
12-04-2020 09:29 AM
@corvettestainless wrote:No; all will be on this program by end of next year. No more PP.
I wonder what they will do with the sellers who are in countries that Adyen doesn't support? I looked at the list of countries from their website and it wasn't every country out there.
12-04-2020 09:31 AM - edited 12-04-2020 09:32 AM
The expenses are higher since accepting the "Managed Payment" plan than originally thought For Instance:
Sale: $33.98
Fee: $5.49
16.156 % reduction...
They scratch for every penny and yet takes 5 days with weekends to send you your money.....I'm disgusted as usual, with this platform...
12-04-2020 10:10 AM
I thought it would be something like that, a disguised way to up fees. Ebay used to be about 10% and paypal 3%, 13%. 3% is the fee increase and the site is managed worse and buggier on the user side too, cs is mostly garbage. But I expect some "big fish" shill with lots of AI added "helpfuls" and a mouthful of smug **bleep** will come along, they always do.
12-04-2020 01:20 PM
You have no choice like the rest of us. You just have to work around it. I suggest setting the payouts to weekly so the money starts hitting your bank each week like clock work. Also use a separate bank account just for ebay it makes it easier keeping track. You can at some point send funds from your bank back to PayPal if you keep a running balance there.
12-04-2020 01:34 PM
@realtorchamp wrote:The expenses are higher since accepting the "Managed Payment" plan than originally thought For Instance:
Sale: $33.98
Fee: $5.49
16.156 % reduction...
They scratch for every penny and yet takes 5 days with weekends to send you your money.....I'm disgusted as usual, with this platform...
I find my "simplified fees" (fees on total amount to include sales tax, and shipping) to be pretty much equal to the old FVF + PP when the sale is to a state(location) with about 6% sales tax.
If the sales tax is over 6% the fees are a bit more. Lower than 6% (and no sales tax) deliveries result in a small fee savings. Mine seem to average out in the long run.
My business model can absorb the slight increase. I have added a few pennies ($'s where I can) to listing prices to smooth out the bumps.
The MP crediting of fees on returns/paid cancellations is a + that some sellers benefit from. PP was retaining those fee for many sellers.