10-11-2020
12:30 AM
- last edited on
10-11-2020
08:05 AM
by
kh-vince
Ebay has restricted my selling capabilities for refusing to join mp. I can't list new items, which is fine because I am listing them on my own site. The real problem is I cannot edit items. So for an item I have multiple listed of, I can't lower the amount I have listed. So now that I sold something locally I can't change my ebay listing to reflect that which means eventually someone will buy it and then I have to cancel their order. They are still allowing me to sell, but just not to do it properly. In their quest to fleece the sellers they are hurting the buyers too.
Ebay is the worst company I have ever done business with in my life. They are dying and I am glad I have the ability to continue my business without them. MP Is the final nail in the coffin for ebay. Hundreds of thousands of sellers have quit over it already and its just going to get worse and worse as sellers like me leave. The only thing that will be left on ebay is china **bleep** and direct sales from corporations.
10-14-2020 10:10 AM
@audra13 wrote:But Paypal already takes a fee of of the sales tax that is collected, so what is the difference? Basically, the fee is the same for me since I sell mostly clothing.
Yes PP takes a fee on the entire amount received as do most if not all money processors. The difference is that MP is also charging a FVF on the sales tax. See my break down a couple post up thread. But to offset that they are also giving us a small reduction in the overall FVF for the entire purchase which should help to offset the new FVF on sales tax.
10-14-2020 10:17 AM - edited 10-14-2020 10:19 AM
Many sellers are upset that they must wait for ebay to process the money from buyer to ebay then ebay to seller's bank which takes longer than money being credited in paypal account(though not if you factor in transferring from pp to seller bank account)
Some sellers do not trust ebay w their bank info(while they do trust pp which seems off to me) or their bank charges a fee for the extra activity
10-14-2020 12:46 PM - edited 10-14-2020 12:47 PM
The issue is that it is a c-r-a-p system. Yes, other sites have their own payment processing systems, but...
E-Bay offers few choices on payout.
E-Bay is slow to payout.
E-Bays system doesn't even support all their categories! I sell estates, so just because I don't have coins today, doesn't mean I won't tomorrow. But they won't exempt you to stay in the old system, and once moved, you can't sell those categories.
E-Bay doesn't let you use "pending" funds for shipping labels, where you can other places. So you have to be able to fund shipping on your own, without the shipping money the customer paid you.
E-Bay charges you fees on taxes customers pay (not all payment processors do).
E-Bay doesn't let you use all the features of their payment processor (Adyen). For example, Adyen could send all the money from a transaction to Paypal for you if that is what you wanted, for $.10 per transaction. This is a standard service they offer. But E-Bay won't let you use that feature.
So it isn't so much E-Bay becoming the payment processor, as it is they have a half-baked, poorly featured system with slow payout, and then they are FORCING you into that system, from something that works better and faster.
It's like you have a decent car that works, but the government decides to force you into a car that is 10 years old and has mechanical issues. You aren't going to be happy that you are FORCED into that!
10-14-2020 12:55 PM - edited 10-14-2020 12:56 PM
E-Bay has been hacked before, while Paypal has not. Further, E-Bay has a pretty bad history of programming bugs and errors, while Paypal is pretty solid. Only a matter of time before a bug or error hits payments with E-Bay in control.
They other day, my account said I owed $104 dollars to E-Bay, which was wrong. I actually owed about $28. It was some sort of error that got sorted out after two days. Now imagine that they automatically hold $104 of your sales until they fix their error, which is what would happen under MP. Today it is a bill you pay, tomorrow with MP, it is money they will automatically hold.
Paypal also offers other features, like a debit card that lets you access your Paypal balance immediately, or send money to friends for free from your balance.
10-14-2020 01:02 PM
Typical Corporate Ignorance:
Your ability to list new items, relist, and revise listings has been suspended, effective immediately. To resume listing on eBay, please register for managed payments now.
All message(s) from E-BAY Send to the TRASH (Don't Open Messages Nor Read or Delete)
I & many seller's PAY for a Store subscription...... & we are aren't able to use it !!!!!
(E-BAY if in violation of their User Agreement towards the customer) US "The Seller's"
10-14-2020 01:19 PM
@myescape wrote:Many sellers are upset that they must wait for ebay to process the money from buyer to ebay then ebay to seller's bank which takes longer than money being credited in paypal account(though not if you factor in transferring from pp to seller bank account)
Some sellers do not trust ebay w their bank info(while they do trust pp which seems off to me) or their bank charges a fee for the extra activity
Ebay has had financial info on sellers for years. WE all had to give a back up funding source in case it was needed. Ebay is now 25 and it has never had a breach of our financial info. That isn't to say that we all have to be very careful with financial info. We should always be careful. But a site getting hacked could happen to any site, not just Ebay. Hacking is an equal opportunity employer.
As for transferring money. Other than MP not offering instant transfers, regular money transferring to a bank from either MP or PP is roughly the same. But you are right MP does not offer an instant transfer for a fee like PP does.
MP would not be responsible for what fees a bank charges or doesn't charge. There are all kinds of accounts out there with different pluses and minus. We each have to find the account that suits us best and use it. Those choosing larger banks are likely to get their money transfers a bit quicker than those using smaller more local banks.
10-14-2020 01:20 PM - edited 10-14-2020 01:21 PM
Well, your batting around .333. Not bad if you were the majors, but you really shouldn't spew simple untruths.
I'm in MP and know that PP was better for various obvious reasons, but this is business and
changes/compromises are just a part of any business.
1.) You CAN use pending funds for shipping costs
2.) All processors have charged their fee on the total at the register since the advent of credit card processors, so that would include sales tax.
3.) MP (you call it Ebay) offers MORE choices than was offered with PP
4.) MP (Ayden) cannot process to PP, because they are licensed to process to banks, and PP is not one. If I have 100k in PP, am I covered? No
and just a side note on your other response:
PP has been hacked before. Simple google search will tell you all about it.
10-14-2020 01:29 PM
@kythrill wrote:The issue is that it is a c-r-a-p system. Yes, other sites have their own payment processing systems, but...
E-Bay offers few choices on payout.E-Bay is slow to payout.
E-Bays system doesn't even support all their categories! I sell estates, so just because I don't have coins today, doesn't mean I won't tomorrow. But they won't exempt you to stay in the old system, and once moved, you can't sell those categories.
E-Bay doesn't let you use "pending" funds for shipping labels, where you can other places. So you have to be able to fund shipping on your own, without the shipping money the customer paid you.
E-Bay charges you fees on taxes customers pay (not all payment processors do).
E-Bay doesn't let you use all the features of their payment processor (Adyen). For example, Adyen could send all the money from a transaction to Paypal for you if that is what you wanted, for $.10 per transaction. This is a standard service they offer. But E-Bay won't let you use that feature.
So it isn't so much E-Bay becoming the payment processor, as it is they have a half-baked, poorly featured system with slow payout, and then they are FORCING you into that system, from something that works better and faster.
It's like you have a decent car that works, but the government decides to force you into a car that is 10 years old and has mechanical issues. You aren't going to be happy that you are FORCED into that!
I like that acronym. Very clever.
These comments are based on my own personal experience as I do sell on other sites as well.
E-Bay offers few choices on payout.
Same with other sites. Very few options.
E-Bay is slow to payout.
I use weekly in MP and it works great for me. Tuesday's payouts are in my bank the following morning. That is a little bit faster than the other sites I sell on even though I use the same bank account.
E-Bays system doesn't even support all their categories! I sell estates, so just because I don't have coins today, doesn't mean I won't tomorrow. But they won't exempt you to stay in the old system, and once moved, you can't sell those categories.
Ebay isn't currently making sellers in categories that are restricted in MP to move into MP. They are allowed to stay with PP until such time as Mp gets things worked out.
E-Bay doesn't let you use "pending" funds for shipping labels, where you can other places. So you have to be able to fund shipping on your own, without the shipping money the customer paid you.
This one is a little trickier. If you have no available funds, you can use pending funds to fund your shipping labels in MP if you want. But as soon as money moves to the available column, so does that shipping fees. I'm not very fond of this myself.
E-Bay charges you fees on taxes customers pay (not all payment processors do).
Yes they do. Payment processors charge their processing fees on the total amount received before any kind of deductions. What MP does is charge a FVF as well on the sales tax which other sites do not do. That is the difference, however post 104 goes into this in more detail and it is likely a neutral change.
E-Bay doesn't let you use all the features of their payment processor (Adyen). For example, Adyen could send all the money from a transaction to Paypal for you if that is what you wanted, for $.10 per transaction. This is a standard service they offer. But E-Bay won't let you use that feature.
My understanding is they can only transfer to a bank. It has to be to a bank account and PP is not a bank. But did you read this somewhere? Would you please share a link as I'd be very interested in learning more.
10-14-2020 01:33 PM
@kythrill wrote:E-Bay has been hacked before, while Paypal has not. Further, E-Bay has a pretty bad history of programming bugs and errors, while Paypal is pretty solid. Only a matter of time before a bug or error hits payments with E-Bay in control.
They other day, my account said I owed $104 dollars to E-Bay, which was wrong. I actually owed about $28. It was some sort of error that got sorted out after two days. Now imagine that they automatically hold $104 of your sales until they fix their error, which is what would happen under MP. Today it is a bill you pay, tomorrow with MP, it is money they will automatically hold.
Paypal also offers other features, like a debit card that lets you access your Paypal balance immediately, or send money to friends for free from your balance.
Ebay was hacked in 2014. No financial information was accessed or lost. So lets not make it seem something that it wasn't. Any internet site can get hacked, even PP.
10-14-2020 03:37 PM
I am in the same boat but on top of that I do not like the idea that they tacked on things like being able to debit our bank account . The following is what it states before you click to sign up
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his is what comes up and you have to click agree before doing
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01-14-2021 11:19 AM
Ebay informed me that eventually all sellers would have to migrate to Ebay MP for payout rather than PayPal. It seemed fine until it created a new list of items you CANNOT sell anymore! What gives? I have sold coupons here and there for years and recently when I tried to list a coupon item it rejected saying this item is not allowed. Ebay allows selling of coupons (with limits) which is fine with me to avoid abuse, but with MP it is totally excluded.
Ebay Coupon Policy ALLOWING the sale of coupons:
https://www.ebay.com/help/policies/prohibited-restricted-items/coupons-policy?id=4292
Ebay Coupon Policy NOT ALLOWING the sale of coupons and other items for sellers with MP:
https://www.ebay.com/help/policies/selling-policies/managed-payments-restricted-items-policy?id=5009
This is also now including collectors coins, and gift cards. I only am following their guidelines and now I get less opportunities to sell than before!! Not sure this is a better method for me. Has anybody in this situation received any clarification on this issue?
02-11-2021 03:59 PM
Ebay has thousands of scammers operating with impunity, and ebay does nothing. Ebay has some of the worst security (they are too busy stalking people) of any major ecommerce website. The many hacks of their system are just the start of their poor security issues.