New Payment Processing NOT working well - Unhappy Seller

[thetimetravelersantiquesmall]

I don't care for the new system at all.  The payment from my customer should be available immediately as it was before.  With Paypal payments from customers the funds were available to my Paypal account immediately.   It was so simple  (ie: customer pays and dollars are in Paypal acct immediately - I ship and cost of shipping is taken out customer payment in Paypal acct - balance is available for my access to use from Paypal acct or transfer to my bank account within 24 hours).  Now Payment from my customer is tied up with eBay's way of processing for 4-5 days.  Now I have to pay for shipping and send my package before I even have the funds.  So my money is sitting somewhere out there, most likely earning interest for someone else.  If a change is going to be made, it should be for the good.  This change was NOT in the best interest of eBay sellers.  

[flixstuff]

Yes and my ink carts go for other things besides eBay label printing. After 20 years on eBay we know the drill, what controls we have and where to save on fees.  The issue is the hold on $ and 'processing payouts'-- that $ is sitting someplace-- it's not inert.

[flixstuff]

'As the middleman, it seems like they are meeting their objective of getting a bigger piece of the pie. That is the objective of any business.'  That's not the rationale for birthing eBay.  Finance is not their forte.

[flixstuff]

Depends on how you choose to manage your selling but as an individual, have no problems controlling more by using the PO, hand addressing and mailing on my schedule. eBay garners enough 'fees' as is. My ink carts go for better things than labels. 

[asset_liquidators]

Until you have a pending return. Then it will tell you there are no funds available to pay for the label because ebay gobbles up any incoming funds without letting you pay for labels.

[flixstuff]

No. eBay isn't a 'Walmart' -- as much as they'd like to believe otherwise-- they're a retailer. Ebay's the parking where the shopping bazaar sets up-which is precisely what it was created to be and was hugely successful being that. When it sways away from that successful  core strategy, it starts to go off the rails. 

[mam98031]

---

@flixstuff wrote:

No. eBay isn't a 'Walmart' -- as much as they'd like to believe otherwise-- they're a retailer. Ebay's the parking where the shopping bazaar sets up-which is precisely what it was created to be and was hugely successful being that. When it sways away from that successful  core strategy, it starts to go off the rails. 

---

Ebay is NOT a "retailer".  Ebay is a venue in which we can choose to list items for sale if we want to.  They provide us with services in which we can get our merchandise seen by millions and millions and millions of people across the globe.  

No different than a few other sites.  Just the last of the bigger sites to develop their own Money Processing Program.  Others have had them for years and they all function quite similarly.   If you sell on other sites, you will see this.  And some venues with their own money processing programs do not let you get access to your money until AFTER the buyer receives the item and approves.  

This is a huge change and it is very hard from some to move from PP to MP.  I personally think that is really understandable.  PP is a full wallet and MP is a very basic money processing system right now.  So that makes the switch even more painful for some.  MP will continue to grow and improve.  So if you are selling here and have a profitable little business, you should consider keeping your healthy little business here as it may just be in the best interest of your financial needs.

[espresso_warehouse]

Ebay management has claimed the opposite. So poster was likely referring to eBay calling itself a retailer.

https://www.ebayinc.com/stories/news/this-is-why-ebay-is-different-from-any-other-retailer/

[mam98031]

---

@espresso_warehouse wrote:

Ebay management has claimed the opposite. So poster was likely referring to eBay calling itself a retailer.

https://www.ebayinc.com/stories/news/this-is-why-ebay-is-different-from-any-other-retailer/

---

I can't help that.  Ebay sells no goods on the site.  They seller space and services in which we can use the site to sell our stuff.  Ebay does not compete with its sellers in this arena.  Ebay is a venue not a retailer.

[espresso_warehouse]

Well, eBay says otherwise.

[mam98031]

OK, again, I have nothing to do with that.  

You can look up the definition of a retailer just like anyone else can.  Ebay does not sell "goods", they sell services.  The sellers are the retailers.

Guess this is just another one that we disagree on.  No big deal.

[espresso_warehouse]

They do actually sell goods in a number of locations. Let me know if you need a link.

[mam98031]

Sure.

[espresso_warehouse]

https://www.ecommercebytes.com/C/blog/blog.pl?/pl/2018/1/1516505057.html

[mam98031]

OK, IDK if they are still doing that in Korea, but it doesn't affect this site and they are not a retailer in the US.

[espresso_warehouse]

eBay management claims otherwise. This isn't my claim, this is what eBay thinks of itself. I guess you disagree with eBay's own view of itself.