01-22-2021 01:13 PM
Recently, I enrolled in Ebay Mangeed Payments for sellers because the indicastion was that my selling acount would be limited if I did not switch from Paypal to Managed Payments. I have been very disappointed and frankly, I feel defrauded by Ebay, because I still have not received funds in my account from a sale 3 days ago. I miss Paypal, when I transferred the funds to my bank account myself, and the money was available the next day. I would like to hear from other disgruntled sellers and discuss ways around this inferior system.
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06-02-2021 03:54 AM
I’m with ya bud. I have $1000 pending for days. Shipped out 3 laptops and have no money paid. We got hosed.
06-02-2021 03:54 AM
It’s awful. EBay killing their business model and their sellers.
06-02-2021 03:55 AM
Me too. I’m leaving after 20 years.
06-03-2021 07:13 AM
Hey there - I am going through this with ebay now. My bank account is the same as it was 10 months ago when i started managed payments. I do not understand how it was fine at that time but not now. I have been told to remove and add the same banking info (which causes a 2-3 day wait each time). I have been told to try microdeposits and they never went into my account. I uploaded a banking statement and they did not like it (logo not in color???). My banking institution is not on "their list" as it is a credit union. I am told that it may never be approved for this reason. I get the same shpiel each time from ebay. Ebay has money that they owe me. I finally got hip and started funding buyers as soon as they buy an item because I won't ship anything until I receive what they are holding from me. I have started researching other platforms. Also, I started wondering if some of us should get together and file an action against ebay.
06-05-2021 11:58 AM
Apparently many buyers trust the payment with PayPal as very reliable. When they don't have this option we may loose the buyer for this reason.
06-11-2021 08:13 PM
I was forced into this with my last sale. I was still using Paypal for sales up until this June.
I'm not too upset because each time I sell on Posh or Merc... I don't see a dime till the item is delivered and rated by the buyer ( or three days after if they choose not to accept/rate which many do not so consider payment to be 72 hours after latest delivery date :/) Also, fees are extracted before you ever see a dime.
I don't know how this is going to work though, since I am still on their newbie probationary period and they were holding my payments over $50 till after delivery anyway. Still, this makes me apprehensive but now they are simply more similar to the other big selling platforms.
06-14-2021 10:28 AM
eBay should not be asking for Social insurance #, passport # as well as all my complete banking information.
If eBay was hacked it would a bonanza for the hackers getting all of the financial information of thousands of ebayer sellers Nearly everything required for identity theft
Fat chance eBay would take ownership of the data breach and reimburse your loss
It is time to say good bye to EBAY hello Shopify
EBAY you have gotten to greedy!!!!!!
06-14-2021 10:45 AM
eBay is required, by law, to get this information from all sellers.
It’s ok if you don’t want to give that information. Just be sure to end all your listings before you get enrolled in MP.
If you sell something and aren’t set up, eBay can’t pay you. You will have to wait for those funds to go to your state as unclaimed.
The information we give eBay is encrypted. There is no reason to think eBay is less safe than any other online entity that holds this information.
Having said that, I do understand that at some point, we all have a limit to the number of places we share this sensitive, personal information.
06-14-2021 11:25 AM
I believe that's in part because many (most?) buyers here are also sellers, and if sellers have no money falling on their PP wallets they probably wont be topping their PP or using a CC now, even as a way of retaliation. Ebay was better than other places to buy online because of PP only, the way it worked.
Other wallet types are far from working seamlessly in (almost) every country like PP does or having the same capital of confidence PP has earned with merit along the years. In Europe, at least, it's very well implemented and everybody uses it. I doubt Apple or Google will ever get the same amount of trust.
06-14-2021 01:45 PM
eBay please stick your head up your managed payments as far as it will go!!!!!!
06-19-2021 03:27 PM - edited 06-19-2021 03:30 PM
So then sellers can’t reach top rated status so ebay makes more money because they don’t have to discount for top rated status with the longer handling time then. It seems like ebay just wants to find more ways to make more money off their sellers .
06-19-2021 03:39 PM - edited 06-19-2021 03:40 PM
I have seen many post from that particular member . I have seen the misinformation that member has spread … it’s just one of those things or it’s called Tribal Thinking, while another member called it “ clinical
and you can present facts but the member won’t see it because it’s one of those things . I think a good analogy would be like a cult or for example how Charlie Manson’s family blindly flowed and defended Charlie Manson. You just have to know they are going to say anything and just ignore it .
06-19-2021 04:01 PM
@dazzlingcoins_com wrote:Apparently many buyers trust the payment with PayPal as very reliable. When they don't have this option we may loose the buyer for this reason.
Using Pay Pal as a buyer hasn't changed, they can still buy using it.
06-20-2021 05:21 AM
My short term plan is to clear out my stock and then, most likely, I will have to invest my efforts elsewhere.
No matter how you spin it, MP is a complete betrayal of a C2C selling venue and PP is where the difference is. I can imagine Ebay being forced into these absurd anti-business business practices by the new lefties in politics chasing money everywhere and pushing us back to cold war economies in the US and in Europe. Hardly any good prospects in the horizon unless you're working for them.
06-20-2021 03:24 PM
Awesome , yes , I noticed the same . There is something not quite right about that member and the “cult like” defending of a system that is an obvious failure . It reminds me of how Hitler supporters blindly supported Hitler or how Charlie Manson’s followers supported Charlie Manson …. I think they referred to those kind of cult like ppl as brainwashed. It’s very obvious it’s an ebay employee and actually I caught them sending out information that is incorrect , using ebay policy . Ok, yeah like ebay has never been sued before and lost over their policies. Ebay nor any company can write a policy and legally enforce a policy they know does damage and harm to others and has proven to cause damage and the damage and harm is measurable with reports . That’s just a no brainer . Ebay’s managed payments staff has a difficult time handling “no brainer “ issues and drag it out for weeks . It’s too serious. I do understand other sites have their own processing system but they have a higher standards of ethics that match up with the industry standards when dealing with ppls money . While other sites may have a system in place , they operate with the mind set required to operate when dealing with others money . Ebay’s managed Payments falls so far far far below industry standards , they need to be held accountable for the damage they did to many sellers using the excuse our system has glitches or the ebay managed payments reps don’t know the policy. That is an excuse that won’t fly in a judges court . Any other financial , money processor or banks or whatever, that is the first thing they say, we apologize , we will take responsibility for the damage and it’s fixed fast . There is nothing of the likes of this in ebay managed payments . They have no business in the field of handling ppls money with the excuses they are using . It’s negligent and actually goes beyond negligent because it’s over a year later and they still use the same excuse and from what I understand , it becomes fraud because it’s known , caused provable measurable damage , yet they continue on. While all other financial institutions and payment processing were posting banners to aid with COVID, ebay shamelessly at the most bottom of the barrel level still forced their faulty glitched system using emolyees that are so clueless like I have never ever seen at the most basics elementary level , forced their faulty system onto ppl causing them loss and damages during COVID . Ebay managed payments simply can’t t be trusted and doesn’t have the moral ethical mind set to handle ppls money and they need to be held accountable for all the damages to all the sellers they damaged and harmed. Sadly it will have to be forced onto them legally while any other financial company knows better and makes it right without any kind of force .