12-13-2020 10:59 AM
I've seen quite a few people posting about managed payments and their dislike for them. The most common theme seems to be the fact that no one wants ebay having direct access to their checking account. Here's a very simple fix for that problem: There are any number of online banks that offer free checking and savings accounts with no minimum needed. I actually have one dedicated to ebay and another to paypal. They come with your typical debit card and i can send money from either account to my REAL account anytime. Keeps them from being able to help themselves to whatever they want, whenever they want and allows me to keep selling.
12-13-2020 11:26 AM - edited 12-13-2020 11:27 AM
@sports*fan wrote:I've seen quite a few people posting about managed payments and their dislike for them. The most common theme seems to be the fact that no one wants ebay having direct access to their checking account. Here's a very simple fix for that problem: There are any number of online banks that offer free checking and savings accounts with no minimum needed. I actually have one dedicated to ebay and another to paypal. They come with your typical debit card and i can send money from either account to my REAL account anytime. Keeps them from being able to help themselves to whatever they want, whenever they want and allows me to keep selling.
My bank gave me a free business checking account that is associated to my personal checking account (so that all fees are waived and there is no minimum balance), but there is no financial link that allows eBay to access my personal checking through the business account.
One thing I would caution people is to make sure that there is no limit to the number of online transactions that will result in per-transaction fees. If you have multiple accounts and want daily transfers, the transaction count could add up.
I have six selling accounts all tied to my eBay business account. What I like about MP is that the fees are taken out of the transactions on the fly, so that the amount deposited in my checking each week is really the "net" proceeds from the sale.
Under PayPal, my PayPal balance was not really my net balance, because there were always six monthly eBay fee bills that would be deducted once a month. So it was hard to look at my PayPal balance and get a "snapshot" of my net dollars because I had to remember six eBay account balances and subtract them in my head.
What I don't like about MP is that eBay is in charge of it. They have enough trouble just running the venue.
12-13-2020 11:57 AM
Bear in mind that these Community boards are the equivalent to a "Complaint Dept.". Not many folks come in here to sing the praises of MP or anything else eBay does or doesn't do. One of the most negative places on earth. There's a lot of misinformation, as well. Self-proclaimed "Experts" abound on this site, so don't believe everything you read.
12-13-2020 01:46 PM
Well, I'm no self-implied expert, but a cursory look your first listing suggests you may not have been absorbed yet into MP.
If eBay can't have it's way with the account, I doubt it would be accepted.
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I believe everything I read.