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Newbie Question About the Payments Summary Tab

Just signed up for MP and have a question about the information on my Payment Summary page. First, though, I have some assumptions: I currently owe a little over $50 dollars for next month's fees + basic store subscription.  As I understand it, this  particular payment will be deducted from the checking account that I just provided to ebay as part of the process of signing up for managed payments. I don't have listing fees, so normally my monthly fees are only the final value fees and the basic store subscription fee. As I understand it, the final value fees will be deducted from the buyer payments. I imagine that the store subscription fee will either be deducted from my checking account (that I just provided to ebay) or from my pending payments amount. Am I wrong with any of these assumptions?

 

As to my question. On my Payment Summary page there is this information: for Payout Method I have the checking account I just provided to ebay. For the Payout Schedule I have Daily. For Automatic Payment Method, I have Paypal.

 

Shouldn't ebay have automatically changed that to the checking account I provided them? Paypal is my former method of how ebay received my payment of fees and subscription (and how I also got paid by the buyer). Do I need to edit that? It appears that paypal is still selected as the method how ebay gets paid, even though I'm in mangaged payments now.

 

 

 

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Newbie Question About the Payments Summary Tab

You need to change your automatic payment method. You can change it to the checking account or a credit/debit card.


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