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Managed payments is confusing

Im confused. I was just moved over to managed payments. I am located in Sweden. I thought I should save a few cents with managed payments but it’s the other way around. The list of fees goes on and on.

1. Final value fee

2. International fee

3. Final value fee per order fixed

4. Conversion rate fee

 

For me the fees as almost doubled.

 

19.39% plus vat Is my new total fees. Makes it more or less impossible to sell here anymore. Can raise the prices with 19 percent but that would make the items way to expensive. 

 

Message 1 of 59
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58 REPLIES 58

Re: Managed payments is confusing


Maybe if someone emails a seller to demand a better price and the seller say no, eBay will take a fee because it COULDA been sold!

hahaha — don't give them any good ideas! 🙂

@dugoldstuff 

Message 16 of 59
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Re: Managed payments is confusing

Maybe if someone emails a seller to demand a better price and the seller say no, eBay will take a fee because it COULDA been sold!

hahaha — don't give them any good ideas!

 

But of course the FVF will be based on the higher, unsold price rather than the offered lower, sold price, LOL!

  And when that happens, you can expect all the eBay shills to rush to the boards and claim it's only just!

 

Message 17 of 59
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Re: Managed payments is confusing

After a bit of digging around (the web and etc) I wonder if that's not the listing fee. 

Message 18 of 59
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Re: Managed payments is confusing

PP's conversion is I believe 4.5%. OP, were you paying those under PP before MP? 

Message 19 of 59
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Re: Managed payments is confusing

Yes, In fact if you look at the total fee based on the sale price, which of course what it should based on its higher than the advertised 12.5%. Probably between 14-15% once you add the fees paid on shipping and tax. I think eBay should not be charging fees on taxes or shipping. Why not just charge something like .10/label to use eBay label service. They are probably already getting some kind of payments from the carriers as well. 

Message 20 of 59
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Re: Managed payments is confusing

Puh.. The international fee is different for each country. Ebay tops the fee with an extra 3 percent if the buyer is based in Australia. That is disgusting.

 

My 10 plus year eBay journey has cowe to an end. I have deleted all my items and cancelled all subscriptions.  I refuse to sell overpriced items due to insane fee structures.

 

I sell on more places sp dropping eBay is not so bad. Feels kinda good 😉

Message 21 of 59
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Re: Managed payments is confusing


@glasser wrote:

PP's conversion is I believe 4.5%. OP, were you paying those under PP before MP? 


@glasser @store-of-sweden 

I sell directly on ebay.uk as well as other sites over in the UK and other parts of Europe. I accept GBP as well as Euros via PayPal. When I sell I keep and hold the GBPs as well as the Euros. I generally do not convert those funds back into USD. Because 3 to 4 times a year i make large purchases from wholesalers located in Great Britain as well as from others located in other parts of Europe. So for me the old system worked really great. Because I saved money at 2 different times. The first being when i sold an item and accepted say GBP and the 2nd time when i make purchase from a wholesaler who requires GBP. The overall savings amounts to about 6%. 

 

But now with Managed Payments sellers are forced into converting their payments into their native currency at a rate of 3%, whether they want to or not.

 

In my opinion eBay has made a serious mistake with the way that they have structured Managed Payments and the new way is going to create a lot of friction for sellers who have traditionally sold internationally on other sites just like the OP.

 

But to answer your question the last time that I actually converted GBPs and Euros into USD was last year and PayPal charged me 3.5%. It may have changed since then.

Message 22 of 59
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Re: Managed payments is confusing

1.  Ebay has ALWAYS charged a FVF.

2.  MP charges a 1.65% International Fee, PayPal charged 1.50%, this is not a new fee.

3.  I think you are referring to the 30 cent per transaction fee.  Yes MP has this charge as does PayPal.  This is NOT a new fee.

4.  Conversion rates are ONLY paid when or if you were to post your listings directly on, for example, the US site.  Since ALL listings posted to the US site have to be paid for in US funds, you would need to pay a conversion fee to have that converted to the type of currency for your country.  If you are just listing on the site of your country, then there will be no conversion fee.

 

The fees in MP have NOT increased overall fees. The following numbers represent those that do not have a store and the fee rate for most common categories [not all].

Fees BEFORE going into MP
10.20% FVF + 2.9% PP fees = 13.10% plus 30 cent per transaction fee.

In MP the fees are:
10.20% FVF + 2.35% money processing fee paid to MP = 12.55% plus a 30 cent per transaction fee.


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 23 of 59
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Re: Managed payments is confusing


@ulfesharpe wrote:

3. Final value fee per order fixed

 


reading through ebay invoices is absolutely infuriating — what on earth does a "final value fee per order fixed" correspond to??

 

@store-of-sweden 


Start with the policy pages, it likely explains it a bit better.

 

https://www.ebay.com/help/selling/fees-credits-invoices/selling-fees?id=4822#section8

 

https://www.ebay.com/help/selling/fees-credits-invoices/store-selling-fees?id=4809

 


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 24 of 59
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Re: Managed payments is confusing


@disneyshopper wrote:

I was just moved over to managed payments. I am located in Sweden.

 

You may be located in Sweden, but your account is registered on ebay.com, the USA site.  I believe ebay has plans to migrate all sellers registered on ebay.com by the end of 2021.  I know Managed Payments is being transitioned to sellers registered on ebay.co.uk and perhaps 2 other countries.


Canada, Germany, Japan and China have started too.  There may be others.

 

@disneyshopper 


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 25 of 59
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Re: Managed payments is confusing


@ulfesharpe wrote:

@donsdetour wrote:

Is that the .30 on all sells?? (not sure the rates for your country...)



Yeah, very likely that. You have a final value fee for selling something and also a fee for really really selling it.

 

thanks amigo
@donsdetour 


Why guess?  Learn the facts.  Read the policy pages for fees.

 

https://www.ebay.com/help/selling/fees-credits-invoices/selling-fees?id=4822#section8

 


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 26 of 59
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Re: Managed payments is confusing


@ulfesharpe wrote:

That [conversion rate] fee is also higher than PayPals conversion fee.

And that's just the fee... There's also the exchange rate from USD which I'm guessing will be higher than usual too

 

@store-of-sweden 


Exchange Rate and Conversion Fee are the same thing.  This will be nothing you ever need to be concerned with nor will you have to pay it unless you are planning on posting listings directly on other Ebay sites other than the US site.


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 27 of 59
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Re: Managed payments is confusing


@dugoldstuff wrote:

Unfortunately, posters (i.e., eBay cheerleaders) on other threads insist upon paid of death (OK, a slight exaggeration) that the MP fees are not higher than the old eBay FVF and PayPal fees.

 

However, I am reading all over the place in posts like yours, that it just ain't so.  

 

tend to believe the folks taking the time to come and post their individual situation instead of the cheerleaders with their rubberstamping of praise and worship no matter what the facts presented are.

 

As they say in Norway, "Ha det bra."


Yes, misunderstandings.  Many people have them.  Some assume things and others misunderstand something.  Because someone is able to help others by explaining the actual FACTS of how stuff works like fees in MP doesn't require calling them names.  It also doesn't mean that the person that can explain these things agree with the policies are had a darn thing to do with writing them.

 

But what it does mean is that some of us took the time to read and learn the policies so we could make an informed decision as to entering MP or not.

 

I'm aware you are speaking to me as you have on a few other threads.  It does not matter to me that you think to learn and be informed on the facts are somehow a bad thing.  I do post here to get your approval.  I post to help those that actually want to be helped.  And to assist them in getting the information they need so they too can make an informed decision about what they want to do with this choice.  That choice is for each of us to make.  It does not matter to me personally who stays or goes.  My only agenda here is to get accurate information out there to the sellers that want to know the facts.


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 28 of 59
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Re: Managed payments is confusing


@glasser wrote:

Yes, In fact if you look at the total fee based on the sale price, which of course what it should based on its higher than the advertised 12.5%. Probably between 14-15% once you add the fees paid on shipping and tax. I think eBay should not be charging fees on taxes or shipping. Why not just charge something like .10/label to use eBay label service. They are probably already getting some kind of payments from the carriers as well. 


@glasser 

No they aren't.  MP has ONE FVF charged on the ENTIRE purchase price.  Plus a 30 cent per transaction fee just like PP charged.  And that is 30 cents if the sale amount was for $1 or $1000.

 

Ebay has been charging FVFs on shipping for well over a decade.  

 

Years ago PayPal use to charge a shipping label fee, I think it was 20 cents.  They got a lot of flack for it and finally did away with it.


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 29 of 59
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Re: Managed payments is confusing


@store-of-sweden wrote:

Puh.. The international fee is different for each country. Ebay tops the fee with an extra 3 percent if the buyer is based in Australia. That is disgusting.

 

My 10 plus year eBay journey has cowe to an end. I have deleted all my items and cancelled all subscriptions.  I refuse to sell overpriced items due to insane fee structures.

 

I sell on more places sp dropping eBay is not so bad. Feels kinda good 😉


@store-of-sweden 

 

MP Conversion Rates.JPGPP Conversion Fee.JPG

 

Also keep in mind that MP charges 1.65% international fee on top of what you will pay from the above policy.  In PayPal it is an additional 1.50% for an international buyer.


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

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