New Payout System SUCKS

[jtau7405]

The new payout system is a joke. Just sold and item and it took Ebay 2 full days to reply that they have sent the payout request and the Email states that it will take another 3-4 days for the money to post. The idiots at Ebay think they are fooling folks by stating it is the "banks standard processing time". But the banking ACH system is an overnight payments system, so the funds could be made available the next business day. The increases final values fees and the charging of final fees on shipping isn't enough?  You now need to use other peoples money for an extra week and mess up the ability of your customers to complete transactions? All this nonsense when most folks who sell on Ebay see very little back in actual cash from their transactions. Ebay is becoming too greedy and hard to do business with.  Killing the goose that laid the golden egg... Hopefully they fix this, otherwise I will be moving on...

[north40sales]

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@mam98031 wrote:

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@north40sales wrote:

Industry standard terminology never changes and the definition is clear.  

I never mentioned weekly payout timing at all in my comment.  So using that to claim that I am "simply incorrect" is naïve at best.   However, with your weekly payouts, the clearance timeline would be collapsed somewhat as the money that is sitting in eBay's account until they initiate the ACH transfer is money that has already cleared from the buyer's transaction.  ACH would batch overnight as is their practice and your bank would receive the transfer at @ 9am EST and it would show as available in your checking account as per their policy on clearance times on electronic transfers.  (My bank typically clears at 3pm when they close the business day). 

As I posted twice already, every financial institution has different policies regarding clearing transactions.   So not everyone will see the same bank performance that you or I have (unless they are at the same bank).

Have a nice day 🙂

---

It was an EXAMPLE about Payouts when I described how Weekly Payouts work for me.  Nothing more than that and I SAID it was an example.  

Part of what you have said is as follows:

Adyen depositing to eBay = clearance time

eBay transmitting to ACH Clearance Bank = clearance time

ACH Clearance bank depositing to seller = clearance time

Seller has the money showing available in their checking account.

Once the Payout is released to the ACH system, the money is all cleared money at that time.  It does not need to go through any additional clearance process.  The example of how the Weekly payout works for me confirms that.  And there are other sellers that that have the same experience, not just me.

And I don't know what an "Ebay Account" is.  Adyen is the money processor.  I make no claim to know at what time the Payouts are released by Adyen, it hasn't been in anything I've read.  Maybe it is 9AM EST.  However Adyen's main office is in California.  I simply have no knowledge of the actual timing of the process.  I do however know that some payouts have been issued in the afternoons according to some sellers from time to time.  Whether or not they are accurate, I don't know that either.

You want this to seem as if every transaction has to clear yet again when it enters ACH and that is simply not correct.  Now the Payout as a whole may not get recorded by any particular bank for a day or two or three.  That is depending on the Bank, not that they money isn't cleared their funding sources.  That part has already happened BEFORE the Payout is issued.

FYI, I never said anyone would have the same experience I have with my Payouts.  Again I said EXACTLY THIS:  "For example, I do Weekly Payouts.  Every Tuesday morning my Payout is released to the ACH system.  Before noon on Wednesday I have an email from my bank that the deposit has been received and recorded into my account, in under 24 hours."

It seems to me that this is mostly about word choice.  And again, that tends to happen when you want to use words that are industry standard words, but not the same words as Ebay uses to describe the process.  I'm unsure why it is so important to you to use words different than Ebay uses.  That is a puzzle.

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mam....What you said was this

"You are simply incorrect about the Payout timing.  For example, I do Weekly Payouts.  Every Tuesday morning my Payout is released to the ACH system.  Before noon on Wednesday I have an email from my bank that the deposit has been received and recorded into my account, in under 24 hours.  The money in which MP is transferring via ACH is already cleared money, there is no need for it to have to clear a second time.  Other banks may take longer to receive and record the transfers.  It often happens with smaller more local banks and credit unions."  

That is a bit different than your claim of what you said EXACTLY THIS:  in your post that I am responding to.  I simply copied and pasted your exact quote here to show you what you really said. 

[north40sales]

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@mam98031 wrote:

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@north40sales wrote:

Industry standard terminology never changes and the definition is clear.  

I never mentioned weekly payout timing at all in my comment.  So using that to claim that I am "simply incorrect" is naïve at best.   However, with your weekly payouts, the clearance timeline would be collapsed somewhat as the money that is sitting in eBay's account until they initiate the ACH transfer is money that has already cleared from the buyer's transaction.  ACH would batch overnight as is their practice and your bank would receive the transfer at @ 9am EST and it would show as available in your checking account as per their policy on clearance times on electronic transfers.  (My bank typically clears at 3pm when they close the business day). 

As I posted twice already, every financial institution has different policies regarding clearing transactions.   So not everyone will see the same bank performance that you or I have (unless they are at the same bank).

Have a nice day 🙂

---

It was an EXAMPLE about Payouts when I described how Weekly Payouts work for me.  Nothing more than that and I SAID it was an example.  

Part of what you have said is as follows:

Adyen depositing to eBay = clearance time

eBay transmitting to ACH Clearance Bank = clearance time

ACH Clearance bank depositing to seller = clearance time

Seller has the money showing available in their checking account.

Once the Payout is released to the ACH system, the money is all cleared money at that time.  It does not need to go through any additional clearance process.  The example of how the Weekly payout works for me confirms that.  And there are other sellers that that have the same experience, not just me.

And I don't know what an "Ebay Account" is.  Adyen is the money processor.  I make no claim to know at what time the Payouts are released by Adyen, it hasn't been in anything I've read.  Maybe it is 9AM EST.  However Adyen's main office is in California.  I simply have no knowledge of the actual timing of the process.  I do however know that some payouts have been issued in the afternoons according to some sellers from time to time.  Whether or not they are accurate, I don't know that either.

You want this to seem as if every transaction has to clear yet again when it enters ACH and that is simply not correct.  Now the Payout as a whole may not get recorded by any particular bank for a day or two or three.  That is depending on the Bank, not that they money isn't cleared their funding sources.  That part has already happened BEFORE the Payout is issued.

FYI, I never said anyone would have the same experience I have with my Payouts.  Again I said EXACTLY THIS:  "For example, I do Weekly Payouts.  Every Tuesday morning my Payout is released to the ACH system.  Before noon on Wednesday I have an email from my bank that the deposit has been received and recorded into my account, in under 24 hours."

It seems to me that this is mostly about word choice.  And again, that tends to happen when you want to use words that are industry standard words, but not the same words as Ebay uses to describe the process.  I'm unsure why it is so important to you to use words different than Ebay uses.  That is a puzzle.

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"You want this to seem as if every transaction has to clear yet again when it enters ACH and that is simply not correct. "

When a bank sets up a transfer to another bank, it is done by the Automated Clearing House Network (ACH) it still has to clear.   The transfer occurs overnight and the ACH network bundles all funds by destination bank.   That money sent by eBay to a seller for the carved wood napkin rings they sold will be "co-mingled" with every other transaction that is addressed to the same bank routing number.   The receiving bank gets one deposit from the ACH and a remittance advise with they then use to distribute the funds to the appropriate bank customer checking accounts.  The final clearance time is at the destination bank as they separate and allocate the funds to the correct accounts....then the seller will see the money in their account as available. 

[north40sales]

You said:  "And I don't know what an "Ebay Account" is.  Adyen is the money processor."

eBay account is just that, eBay's commercial checking account. Nothing secretive about that, every business has one (or more).

Adyen.....this is where it gets a bit dark and murky. No one has ever replied to clear this up, but eBay or its paid posters are under no obligation to do so.

If eBay and Adyen have a standard relationship like any other payment processor service, the transaction stream would be like this: eBay (Merchant Account) takes buyer funding source details and transmits them to Adyen (Payment Processor). Adyen then pings the buyers bank / card to verify funds and the buyers bank/card will either approve or deny transaction and gives Adyen an approval number. eBay they sends the sale details to both the buyer and seller. All this happened almost instantly. When eBay closes the batch of transactions (daily or likely multiple times per day) that contains the pending authorization for this sale, Adyen sends a request for payment that is tied to the previously obtained authorization to the buyers funding source. Funds are transferred to Adyen and they settle the transaction with the funding source. Once the funds clear into Adyen's account, they initiate a transfer for all of eBay's funds in the batch from their account to eBay's account. Once cleared there, eBay will hold back their fees, shipping if funded by seller's pending funds, and taxes that they collected , and at that point they will show as available funds to the seller and eBay will initiate the ACH transfer to the seller's checking account where it has to clearance one more time. This is the way that I believe that eBay operates as it is the payment processor's standard relationship model.

Then there are others  that think it works like this:
eBay sends the buyer's funding information to Adyen. Then Adyen verifies the funding source and receives an authorization. Adyen then advises eBay, good to go, and eBay sends the sale details to the buyer and seller. Adyen then will send a request for payment to the funding source and will receive the buyer's money for the sale. Adyen then sends eBay the fees, shipping hold back, taxes by ACH transfer to eBay's account and holds the sellers's share of the funds in Adyen's account. Adyen will continue to hold that money until eBay advises them.."OK, pay it out to the seller"...and Adyen will then initiate the ACH transfer to eBay's seller.

Now, I do not know how many transactions eBay has every day...call it 50,000?
A standard Payment processor relationship would have 50k authorizations & inbound payments per day that gets paid out on one transaction to one customer (eBay).

Using simple math (assuming no holidays and no weekly payout customers) 52 weeks a year, 5 days per week, 50k transactions per day: this would be 13,000,000 authorizations and inbound payments, 260 deposits to eBay.  Done.  Charge eBay our Processing fees and order in some lunch. 


Compared to your model:
Adyen would get to process 50k authorizations and inbound payments per day.  They would have to make journal entries for fees, shipping, and taxes, so that is 150k data entries per day.  Then they would have to sit on the funds until eBay says its payout day.  Then they would get to make 50k different ACH transactions (assuming that all 50k customers are at different banks) to 50k different customers and potentially have to deal with foreign currency exchanges.   Additionally, they would likely have to maintain records for every customer for audit purposes.   They would also have to file 1099's come tax time as they have the payment provider relationship with the customer unless there is some kind of agreement there with eBay.

Using simple math (assuming no holidays and no weekly payout customers) , 52 weeks a year, 5 days per week, 50k transactions per day: thus would be 13,000,000 authorizations and inbound payments, 39,000,000 journal entries, 260 deposits to eBay for fees, shipping, and taxes, and 13,000,000 individual ACH transfers to the sellers checking accounts.

Phew...that is a lot of math going on there.

Which version is correct?  Your guess is as good as mine.  eBay has never commented on it and they are not obligated to do so.  

[eleanor*rigby]

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@north40sales wrote:

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Thanks for the colorful picture, but I'll just use the industry standard terminology in their correct context as is easier to understand.  

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Using terms other than those established by eBay is not easier to understand for those who are not familiar with "industry standard terminology" when the context in question is eBay's Managed Payments system. If context is indeed important for people to understand posts, then the context should be that of Managed Payments, not some "industry standard" that few people are familiar with--keeping in mind the phrase "Know your audience."

I'm not aware of your "industry" background, but I am a 30+ year veteran of a bank regulatory agency. I am familiar with all of the terminology that has been used (whether correctly or incorrectly), but I don't think it does other members any favors by insisting on a different vocabulary than that used by eBay. When the discussion involves an eBay Managed Payments process or procedures, use the terms established by eBay.

Analyzing the intricacies of each transaction or the minutia of the process helps neither the OP or any other members who use Managed Payments.  It seems like every thread ends up this way, and it doesn't help any members who are struggling to understand Managed Payments. 

Best of luck.  🙂

[mam98031]

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@north40sales wrote:

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@mam98031 wrote:

---

@north40sales wrote:

Industry standard terminology never changes and the definition is clear.  

I never mentioned weekly payout timing at all in my comment.  So using that to claim that I am "simply incorrect" is naïve at best.   However, with your weekly payouts, the clearance timeline would be collapsed somewhat as the money that is sitting in eBay's account until they initiate the ACH transfer is money that has already cleared from the buyer's transaction.  ACH would batch overnight as is their practice and your bank would receive the transfer at @ 9am EST and it would show as available in your checking account as per their policy on clearance times on electronic transfers.  (My bank typically clears at 3pm when they close the business day). 

As I posted twice already, every financial institution has different policies regarding clearing transactions.   So not everyone will see the same bank performance that you or I have (unless they are at the same bank).

Have a nice day 🙂

---

It was an EXAMPLE about Payouts when I described how Weekly Payouts work for me.  Nothing more than that and I SAID it was an example.  

Part of what you have said is as follows:

Adyen depositing to eBay = clearance time

eBay transmitting to ACH Clearance Bank = clearance time

ACH Clearance bank depositing to seller = clearance time

Seller has the money showing available in their checking account.

Once the Payout is released to the ACH system, the money is all cleared money at that time.  It does not need to go through any additional clearance process.  The example of how the Weekly payout works for me confirms that.  And there are other sellers that that have the same experience, not just me.

And I don't know what an "Ebay Account" is.  Adyen is the money processor.  I make no claim to know at what time the Payouts are released by Adyen, it hasn't been in anything I've read.  Maybe it is 9AM EST.  However Adyen's main office is in California.  I simply have no knowledge of the actual timing of the process.  I do however know that some payouts have been issued in the afternoons according to some sellers from time to time.  Whether or not they are accurate, I don't know that either.

You want this to seem as if every transaction has to clear yet again when it enters ACH and that is simply not correct.  Now the Payout as a whole may not get recorded by any particular bank for a day or two or three.  That is depending on the Bank, not that they money isn't cleared their funding sources.  That part has already happened BEFORE the Payout is issued.

FYI, I never said anyone would have the same experience I have with my Payouts.  Again I said EXACTLY THIS:  "For example, I do Weekly Payouts.  Every Tuesday morning my Payout is released to the ACH system.  Before noon on Wednesday I have an email from my bank that the deposit has been received and recorded into my account, in under 24 hours."

It seems to me that this is mostly about word choice.  And again, that tends to happen when you want to use words that are industry standard words, but not the same words as Ebay uses to describe the process.  I'm unsure why it is so important to you to use words different than Ebay uses.  That is a puzzle.

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mam....What you said was this

"You are simply incorrect about the Payout timing.  For example, I do Weekly Payouts.  Every Tuesday morning my Payout is released to the ACH system.  Before noon on Wednesday I have an email from my bank that the deposit has been received and recorded into my account, in under 24 hours.  The money in which MP is transferring via ACH is already cleared money, there is no need for it to have to clear a second time.  Other banks may take longer to receive and record the transfers.  It often happens with smaller more local banks and credit unions."  

That is a bit different than your claim of what you said EXACTLY THIS:  in your post that I am responding to.  I simply copied and pasted your exact quote here to show you what you really said. 

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NO it is not.  OMG if I thought you needed the entire post I would have given it to you again.  But the balance was what you questioned nor was it what I addressed.  But if you feel better about it now, that is all that matters really.  My point remains the SAME.

[mam98031]

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@eleanor*rigby wrote:

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@north40sales wrote:

---

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Thanks for the colorful picture, but I'll just use the industry standard terminology in their correct context as is easier to understand.  

---

Using terms other than those established by eBay is not easier to understand for those who are not familiar with "industry standard terminology" when the context in question is eBay's Managed Payments system. If context is indeed important for people to understand posts, then the context should be that of Managed Payments, not some "industry standard" that few people are familiar with--keeping in mind the phrase "Know your audience."

I'm not aware of your "industry" background, but I am a 30+ year veteran of a bank regulatory agency. I am familiar with all of the terminology that has been used (whether correctly or incorrectly), but I don't think it does other members any favors by insisting on a different vocabulary than that used by eBay. When the discussion involves an eBay Managed Payments process or procedures, use the terms established by eBay.

Analyzing the intricacies of each transaction or the minutia of the process helps neither the OP or any other members who use Managed Payments.  It seems like every thread ends up this way, and it doesn't help any members who are struggling to understand Managed Payments. 

Best of luck.  🙂

---

@eleanor*rigby 

You said that so much better than I did, thank you VERY well said!!!!  👍

[mam98031]

"Adyen.....this is where it gets a bit dark and murky. No one has ever replied to clear this up, but eBay or its paid posters are under no obligation to do so."  Yes you have gone to great efforts to make it appear this way.

Beyond that, I'll leave this alone as @eleanor*rigby explained it much better than I did, so I'm not sure anything else is needed at this time.

[north40sales]

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@mam98031 wrote:

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@north40sales wrote:

---

@mam98031 wrote:

---

@north40sales wrote:

Industry standard terminology never changes and the definition is clear.  

I never mentioned weekly payout timing at all in my comment.  So using that to claim that I am "simply incorrect" is naïve at best.   However, with your weekly payouts, the clearance timeline would be collapsed somewhat as the money that is sitting in eBay's account until they initiate the ACH transfer is money that has already cleared from the buyer's transaction.  ACH would batch overnight as is their practice and your bank would receive the transfer at @ 9am EST and it would show as available in your checking account as per their policy on clearance times on electronic transfers.  (My bank typically clears at 3pm when they close the business day). 

As I posted twice already, every financial institution has different policies regarding clearing transactions.   So not everyone will see the same bank performance that you or I have (unless they are at the same bank).

Have a nice day 🙂

---

It was an EXAMPLE about Payouts when I described how Weekly Payouts work for me.  Nothing more than that and I SAID it was an example.  

Part of what you have said is as follows:

Adyen depositing to eBay = clearance time

eBay transmitting to ACH Clearance Bank = clearance time

ACH Clearance bank depositing to seller = clearance time

Seller has the money showing available in their checking account.

Once the Payout is released to the ACH system, the money is all cleared money at that time.  It does not need to go through any additional clearance process.  The example of how the Weekly payout works for me confirms that.  And there are other sellers that that have the same experience, not just me.

And I don't know what an "Ebay Account" is.  Adyen is the money processor.  I make no claim to know at what time the Payouts are released by Adyen, it hasn't been in anything I've read.  Maybe it is 9AM EST.  However Adyen's main office is in California.  I simply have no knowledge of the actual timing of the process.  I do however know that some payouts have been issued in the afternoons according to some sellers from time to time.  Whether or not they are accurate, I don't know that either.

You want this to seem as if every transaction has to clear yet again when it enters ACH and that is simply not correct.  Now the Payout as a whole may not get recorded by any particular bank for a day or two or three.  That is depending on the Bank, not that they money isn't cleared their funding sources.  That part has already happened BEFORE the Payout is issued.

FYI, I never said anyone would have the same experience I have with my Payouts.  Again I said EXACTLY THIS:  "For example, I do Weekly Payouts.  Every Tuesday morning my Payout is released to the ACH system.  Before noon on Wednesday I have an email from my bank that the deposit has been received and recorded into my account, in under 24 hours."

It seems to me that this is mostly about word choice.  And again, that tends to happen when you want to use words that are industry standard words, but not the same words as Ebay uses to describe the process.  I'm unsure why it is so important to you to use words different than Ebay uses.  That is a puzzle.

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mam....What you said was this

"You are simply incorrect about the Payout timing.  For example, I do Weekly Payouts.  Every Tuesday morning my Payout is released to the ACH system.  Before noon on Wednesday I have an email from my bank that the deposit has been received and recorded into my account, in under 24 hours.  The money in which MP is transferring via ACH is already cleared money, there is no need for it to have to clear a second time.  Other banks may take longer to receive and record the transfers.  It often happens with smaller more local banks and credit unions."  

That is a bit different than your claim of what you said EXACTLY THIS:  in your post that I am responding to.  I simply copied and pasted your exact quote here to show you what you really said. 

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NO it is not.  OMG if I thought you needed the entire post I would have given it to you again.  But the balance was what you questioned nor was it what I addressed.  But if you feel better about it now, that is all that matters really.  My point remains the SAME.

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Um, yes, it is.   I basically copied what you said and pasted it in my reply.   Don't really know how else to put it.   

🙂  Ya'll have a nice day

[north40sales]

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@eleanor*rigby wrote:

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@north40sales wrote:

---

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Thanks for the colorful picture, but I'll just use the industry standard terminology in their correct context as is easier to understand.  

---

Using terms other than those established by eBay is not easier to understand for those who are not familiar with "industry standard terminology" when the context in question is eBay's Managed Payments system. If context is indeed important for people to understand posts, then the context should be that of Managed Payments, not some "industry standard" that few people are familiar with--keeping in mind the phrase "Know your audience."

I'm not aware of your "industry" background, but I am a 30+ year veteran of a bank regulatory agency. I am familiar with all of the terminology that has been used (whether correctly or incorrectly), but I don't think it does other members any favors by insisting on a different vocabulary than that used by eBay. When the discussion involves an eBay Managed Payments process or procedures, use the terms established by eBay.

Analyzing the intricacies of each transaction or the minutia of the process helps neither the OP or any other members who use Managed Payments.  It seems like every thread ends up this way, and it doesn't help any members who are struggling to understand Managed Payments. 

Best of luck.  🙂

---

If you are a 30-year bank regulatory industry veteran, then you know the value of using proper terminology.  

Thanks and have a great day  🙂

[north40sales]

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@mam98031 wrote:

"Adyen.....this is where it gets a bit dark and murky. No one has ever replied to clear this up, but eBay or its paid posters are under no obligation to do so."  Yes you have gone to great efforts to make it appear this way.

Beyond that, I'll leave this alone as @eleanor*rigby explained it much better than I did, so I'm not sure anything else is needed at this time.

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I've done nothing the sort.  I merely outlined what my opinion is and what your opinion is and applied some very basic math to the examples. 

As usual, I enjoy your left handed comments and be sure to have a nice weekend :)....and you are correct, nothing else is needed on this as the examples are a good illustrative comparison. 

[paulhua3]

I get weekly payouts every Tuesday and they are in my checking account Wednesday morning.  Like clockwork for the past two years on most of my accounts.

[sugathudayakumara]

thank you

[eleanor*rigby]

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@north40sales wrote:

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If you are a 30-year bank regulatory industry veteran

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"If?" No "if" about it.

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@north40sales wrote:

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. . . you know the value of using proper terminology.  

---

My experience tells me I don't lord my esoteric vocabulary over people who may not be familiar with it. In meetings with other bank regulators, sure. On an eBay discussion board, hardly. As I posted earlier, "Know your audience."

If eBay uses particular, specific terms to describe their processes, and the discussion centers around those eBay processes, it's pretty obvious that the most appropriate choice of terminology is going to be that used by eBay--because that becomes the "proper terminology." Yammering on and on about it with words and/or phrases that aren't used in any of eBay's descriptions of the Managed Payments process is counterproductive at best.

[mam98031]

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@north40sales wrote:

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@eleanor*rigby wrote:

---

@north40sales wrote:

---

---

Thanks for the colorful picture, but I'll just use the industry standard terminology in their correct context as is easier to understand.  

---

Using terms other than those established by eBay is not easier to understand for those who are not familiar with "industry standard terminology" when the context in question is eBay's Managed Payments system. If context is indeed important for people to understand posts, then the context should be that of Managed Payments, not some "industry standard" that few people are familiar with--keeping in mind the phrase "Know your audience."

I'm not aware of your "industry" background, but I am a 30+ year veteran of a bank regulatory agency. I am familiar with all of the terminology that has been used (whether correctly or incorrectly), but I don't think it does other members any favors by insisting on a different vocabulary than that used by eBay. When the discussion involves an eBay Managed Payments process or procedures, use the terms established by eBay.

Analyzing the intricacies of each transaction or the minutia of the process helps neither the OP or any other members who use Managed Payments.  It seems like every thread ends up this way, and it doesn't help any members who are struggling to understand Managed Payments. 

Best of luck.  🙂

---

If you are a 30-year bank regulatory industry veteran, then you know the value of using proper terminology.  

Thanks and have a great day  🙂

---

I believe the point went right on by you.  It is important to remember WHERE you are.  This ISN'T the site of the Federal Regulatory.  We are on Ebay.  All you are doing is confusing the subject because for whatever reason you have you are compelled to use the Banking terminology instead of the terminology used on this site by Ebay.  

It has no value to anyone but you, unless your goal is to get Ebay to change the words they use to describe their MP process.  And if that is the case, this isn't the place for it.  You need to present your case to Ebay not other sellers.

This conversation has no value to anyone but you, to others you are just confusing the subject which can be very harmful and simply is unnecessary just because you believe we must all conform to your terminology and not Ebay's.

[north40sales]

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@eleanor*rigby wrote:

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@north40sales wrote:

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If you are a 30-year bank regulatory industry veteran

---

"If?" No "if" about it.

---

@north40sales wrote:

---

. . . you know the value of using proper terminology.  

---

My experience tells me I don't lord my esoteric vocabulary over people who may not be familiar with it. In meetings with other bank regulators, sure. On an eBay discussion board, hardly. As I posted earlier, "Know your audience."

If eBay uses particular, specific terms to describe their processes, and the discussion centers around those eBay processes, it's pretty obvious that the most appropriate choice of terminology is going to be that used by eBay--because that becomes the "proper terminology." Yammering on and on about it with words and/or phrases that aren't used in any of eBay's descriptions of the Managed Payments process is counterproductive at best.

---

Its quite possible that the problem rests in the simple fact that eBay has not done a very good job of explaining how their program works and leaves people a bit in the dark as they discuss it.  

Their use of non standard verbiage in their overview does not really help clarify things either.  

To this point, I really don't care either way, but it does get somewhat hilarious with the blind faith that some folks have and post their opinion and represent it as chiseled in granite fact when they truly have no idea at all.  

Have a nice weekend 🙂