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Question about Managed Payments

Alright, I see where they are placing my funds now but now I went to options- payout method

 

Automatic payment method
We'll use this payment method to charge you for any fees relating to your selling activity, for buyer reimbursements, and for any other future eBay charges.
 
I selected Paypal, so does that mean my money will go to paypal instead of my bank account? I want it in my paypal rather than my bank account
 
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Re: Question about Managed Payments

From what I understand (not yet forced to managed payments) it looks like if you want Paypal as your automatic payment for those things you will have to transfer money from your bank account manually to Paypal

 

Radine

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Re: Question about Managed Payments

I selected Paypal, so does that mean my money will go to paypal instead of my bank account?

 

No. Once you are in managed payments you will no longer be receiving any money into your PayPal account for eBay sales. 

 

Your ebay sales that you receive in MP, will only be deposited to your bank account.  You cannot have them sent to your PayPal account.

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Re: Question about Managed Payments

We'll use this payment method to charge you for any fees relating to your selling activity, for buyer reimbursements, and for any other future eBay charges.

 

That refers to your invoice activity......if you have store charges, if you have to "send a label" to a buyer for return, PL charges and insertion upgrades, all those ebay "charges" to your invoice itself which is paid monthly, either with a cc or paypal......

 

As said, the money from sales will be sent to your bank account and cannot be sent directly to paypal.  You can transfer from your bank account to PP if you want after the deposits are made by ebay.

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Re: Question about Managed Payments

Actually, You will be lucky to see any money at all. It has been 5 weeks since we were switched to Managed Payments, and we have not received ONE payout to our bank yet. All items were shipped next day, all payments appear as processed and completed, and all feedback was received weeks ago. No payments yet, and "available Funds" keeps growing day after day, with no payout. Customer support says all information is verified, but they cannot figure it out, and continuously send "trouble tickets" to "IT" which go unresolved. We really have nowhere to turn for help anymore, and are unable to pay our monthly bills now with no income.

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Re: Question about Managed Payments

@oldtoolbarn 

 

Go to Seller Hub > PAYMENTS

 

and verify the checking account number specified for receiving payments.  I began with using my federal credit union checking account (which only has branches in 2 states) and when I switched to using my Bank of America checking account, my payouts now take a total of 4 days from when buyer pays to when the funds are credited to my bank.

 

Before actually opting into MP, I did have to change my ebay registered name so it matches my checking account name.

disneyshopper
Volunteer Community Member

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