08-07-2021 02:26 PM
Hello,
I have an ebay account, I want to start selling on ebay.
Also I have a payoneer account, but only my NIC is approved.
I want to link my payoneer account to my ebay account.
If I link it now , do I have a risk, because still I didn't get the address verification on payoneer.
Please help me and advice me to start selling on ebay properly.
Thank you.
08-07-2021 02:29 PM
When eBay invites you to join Managed Payments, you can start selling here. Be patient and good luck to you.
08-07-2021 02:30 PM
This is ebay's US sellers board.
We don't use Payoneer in the US!
Am i the only one getting really tired of these Sri Lankan posts?
08-07-2021 02:44 PM
There is a poster here that has done a great deal of research on this Payoneer and SriLanka issue. Let's tag @lacemaker3
08-08-2021 05:27 AM
@ceylon_products07,
According to the Central Bank of Sri Lanka, it appears that people in Sri Lanka need to register as a business first, in order to be able to receive payments in foreign currency. Here's a link to their website, then click on CAN YOU ACCEPT FOREIGN CURRENCY AS EARNINGS FROM YOUR BUSINESS ACTIVITIES IN SRI LANKA?
If all you have is your NIC (National Identity Card) on your Payoneer account, then I think that you will have to wait until you get your business approved in Sri Lanka, so that you can update your Payoneer account before you can proceed.
Then, you need to register for eBay managed payments, and you will need to have (or create) a Payoneer account when you do that. Your bank account, Payoneer account and eBay account all need to match, so if your bank account is a business account, your Payoneer and eBay accounts have to be business accounts too, and your name and address have to be spelled exactly the same. Payoneer will verify your identification documents, which may take a few days, or a few weeks.
For sellers in Sri Lanka, Managed Payments will be able to deposit your payments into your Payoneer account. Here's more information about managed payments for sellers outside the USA. There are other links on the export.ebay.com website that have a lot of information that should be helpful for you.
https://community.ebay.com/t5/Payment-Resources/Were-you-asked-to-link-a-Payoneer-account-for-payout...
https://export.ebay.com/en/fees-and-payments/payments/managed-payments/
https://blog.payoneer.com/e-sellers/marketplaces/guide-selling-on-ebay/