eBay Is Robbing Its Customers Via Microdeposits

[mshav94]

Hello.

I recently noticed something strange. When eBay needed to reconfirm my banking information via microdeposits, they deposited a total of $0.08 and then made a withdrawal of $0.09. So, unless I’m missing something, eBay just stole $0.01 from me without my consent.

”Why does that matter? It’s just $0.01…”

Imagine how many customers eBay does this for. It adds up. It’s not about my $0.01, is about how much total money they can steal from all of us.

A quick browse through several posts here showed me that other people have noticed this same discrepancy while verifying their bank information. If you have been affected by this, please let me know how much they took from you below. I am gathering information for a class action lawsuit.

eBay, if you’d like to address this here, I would encourage you to do so.

[kensgiftshop]

I've had to do it a couple times and they never withdrew more then they deposited.

[monica-sells]

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@mshav94 wrote:

Hello.

...So, unless I’m missing something....

...other people have noticed this same discrepancy...I am gathering information for a class action lawsuit...

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I was just condensing your post into the two lines that matter....

I have no explanation, but I would venture to say you are missing something....

I have not seen a post addressing a discrepancy...(not saying it doesn't exist, but I missed it)...I have seen posts that can't 'find' them.....

keep us posted on your class action......

[mshav94]

Fun to see several eager posts at the ready to defend the eBay corporation. Thanks for your non-contributions.

Here’s an example of a post where people have experienced the same thing: https://community.ebay.com/t5/Payments/Ebay-withdraws-microdeposits/td-p/32804106

My best guess is that it’s either some kind of software/rounding error on eBay’s end or the banks end (i.e. they’re actually depositing $0.0825 cents, not $0.08), or this is intentional negligence. 

[monica-sells]

reading that whole thread debunked most of the "discrepancies"

there was a late addition that accused them of stealing .01

OK...I get it....and I think you are on to something about the "rounding"

[kensgiftshop]

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@mshav94 wrote:

Fun to see several eager posts at the ready to defend the eBay corporation. Thanks for your non-contributions.

Here’s an example of a post where people have experienced the same thing: https://community.ebay.com/t5/Payments/Ebay-withdraws-microdeposits/td-p/32804106

My best guess is that it’s either some kind of software/rounding error on eBay’s end or the banks end (i.e. they’re actually depositing $0.0825 cents, not $0.08), or this is intentional negligence. 

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As mentioned in that post, there was another deposit made accounting for the $0.01.

Have you checked to see if there was another deposit made on a different day?

[phils99]

I 100% agree with you.  They deposited $.06 on 2/5/24 and removed $.07 on 2/5/24.  Not sure where to go with this but I agree that I think it's a business practice on X% of accounts.  

[deltilogical]

There was a person at the Phone Company that added a 1 cent charge to each bill and had that amount sent to a special account that was his - over millions of pennies it adds up.  

[jacquegopidoh]

Happened to me too.  3 cents and 1 cent deposited, then 10 cents removed and the next day they took another 4 cents! **bleep**!

[fab_finds4u]

eBay is not here to address the issue. Just other members like yourself.

Make sure your class action attorney reads the user agreement you signed when you joined.

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[kensgiftshop]

How is the lawsuit going?

I bet a lot of members would like to know.

[fab_finds4u]

How many other people? A handful out of millions of sellers? 10, 20? A hundred? That's  only a dime, twenty cents or a dollar windfall.  

I seriously think a penny or two isn't  considered great damage or harming you.

Have you asked eBay to give your penny back? 

State Farm sent me a check for 56 cents.  I still have it as a souvenir because the cost of a stamped envelope to mail it to my bank or the gas to go there was more than 56 cents. That was the days before you could take a pic of the check and deposit it online.

[fbusoni]

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@mshav94 wrote:

I am gathering information for a class action lawsuit.

eBay, if you’d like to address this here, I would encourage you to do so.

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Don't bother.

eBay already has microdeposit glitches covered, section 15 of the eBay user agreement here (read it and weep):

 

[3sisve0]

I don't  think its a glitch.  They deposited .08 and took out .18.  Over 135 million ebay users.  It adds up.  I chatted with an agent about this who referred me to another agent. The new agent asked me to send him screen shots of my bank account because he was unable to see the information on his computer.  I didn't  give him the information because I thought it sounded like a scam.  

[pastimpressions]

I've got a great idea for a movie.

The protagonist/comic relief can be a computer savant who has a low-level job at a major corporation doing data entry.

They can hack the company computer and take all those fractions of one cent that are the necessity of rounding to the highest or lowest cent.

Then they can forward all these millions of fractionated pennies into their own paycheck, unbeknownst to their devious evil & unscrupulous boss. This person will be raking in the do-re-me.

Then what happens next is the evil boss finds out, but rather than prosecute he forces this computer savant to work for him to create a computer/program so supreme that even Superman cannot conquer it.

Wait a minute................

Already been done.

Never mind.