11-12-2020 12:14 PM
I got a message from eBay saying to update my account details.
"It’s now simpler to get paid on eBay
Getting paid has changed: Fees and expenses will be deducted before you get paid out and the remainder of your earnings will go directly to your bank account, not your PayPal account. Get set up in a few easy steps."
I primarily just tend to leave all the money I receive in my PayPal, so I wanted to ask for clarification: does this mean sellers can no longer use PayPal as a means of payment? We have to store the money in a bank account now?
I also saw something saying eBay raised their fees. Is that also true?
Thanks for clarifying.
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04-28-2021 06:15 AM
Thank you for your reply...I am tired of the rigamarow...they can keep it, just feels like they have given up on us and they want to control your selling...if I wanted to sell it for less shouldn’t it be my decision..if I want to relist ,shouldn’t it be my decision...why all of a sudden is someone just resisting and lowering price??? They have all the control...but it’s our products, yes their arena, but we pay for it...and not cheap. I have tried other selling avenues and yes EBay is the largest, but they are just getting too big got my pants. So as soon as I diminish my items, it will be see ya...maybe they will listen to their sellers, we are the ones who made them their money ...wile they helped us make ours, it was a partnership with their expertise and our items.....but noe with the internet, someone is going to take your money ...one way or the other.
04-28-2021 10:34 AM - edited 04-28-2021 10:35 AM
@nigeltroll wrote:Thank you for your reply...I am tired of the rigamarow...they can keep it, just feels like they have given up on us and they want to control your selling...if I wanted to sell it for less shouldn’t it be my decision..if I want to relist ,shouldn’t it be my decision...why all of a sudden is someone just resisting and lowering price??? They have all the control...but it’s our products, yes their arena, but we pay for it...and not cheap. I have tried other selling avenues and yes EBay is the largest, but they are just getting too big got my pants. So as soon as I diminish my items, it will be see ya...maybe they will listen to their sellers, we are the ones who made them their money ...wile they helped us make ours, it was a partnership with their expertise and our items.....but noe with the internet, someone is going to take your money ...one way or the other.
Well then don't blame Ebay. You have a way to fix the issue, you are just choosing not to do it. That is absolutely your right, but Ebay can't give sellers an open ended timeframe for a package to be delivered. That is totally unfair to the buyer. You can fix this issue for yourself if you choose to. Because you don't choose to, doesn't make it some unfairness on Ebay's part. There is a process, you just choose not to take advantage of it.
In the current INR system. If tracking shows ANY movement in the past 7 days, Ebay will allow another 7-10 days [I forget which it is] before the INR can get closed for the buyer if no additional movement happens during that time. But if it does, the timeframe will get extended again.
Ebay isn't "giving up on you", it appears you are giving up on them.
I'm not sure what your issue is about lowering pricing. Ebay doesn't make us do that. I sure don't and never have except in cases that I decide it is appropriate to lower pricing. If you are talking about suggestions or recommendations Ebay makes on certain things. It is just that suggestions and recommendations, they are not mandated or required. The seller can choose to adhere to them or not.
Ebay isn't the most expensive of the sites and a big consideration that some forget is the traffic that goes through Ebay. That is part of what we pay Ebay for. Many other sites don't have near the traffic and other sites have decent traffic by higher fees. It all has to be considered for a realistic view.
I wish you well in whatever you decided to do. Make sure you do your homework when selecting another site as the grass is not always greener on the other side. Some sites because they have so much lower traffic don't charge as much in fees, that is absolutely true, but not sure how that helps if you aren't making the sales that you do on Ebay.
MP is not more expensive. It is just a different way than we are use to for handling our money. This is very frustrating for some sellers and I find that understandable. But if you are profitable selling on Ebay, you need to really take a closer look, make sure you have the actual facts of the program so you can make an informed decision on what is best for you.
Yes selling on the internet is going to come with a cost. I'm unsure as to why anyone would think these sites would do it for free. The sites certainly can't operate without costs. Not sure why anyone would expect services rendered to not have a cost associated with them.
05-03-2021 04:56 AM
This is not helpful at all.. with PayPal I get my money instantly... and the can put a hold on my account.. this is **bleep**!!!!
05-03-2021 07:49 AM
That FVF on sales tax is more than making up for the small decrease you highlighted. While i understand ebay is charging to process the payment i have never heard of anyone charging taxes on taxes. Its not like the government charges them a processing fee to collect the taxes. And its just software or coding that does the work. Its just a small way to make an additional profit. And no, they are not paying additional people to do the coding or work. They are already on payroll.
05-03-2021 12:27 PM
@tlev66 wrote:That FVF on sales tax is more than making up for the small decrease you highlighted. While i understand ebay is charging to process the payment i have never heard of anyone charging taxes on taxes. Its not like the government charges them a processing fee to collect the taxes. And its just software or coding that does the work. Its just a small way to make an additional profit. And no, they are not paying additional people to do the coding or work. They are already on payroll.
As I have repeatedly said, I don't like this either. I simply was explaining how it is working in MP. To explain something does NOT mean I agree with it. But we all need to understand what the process is that MP uses in order to fight for changes.
MP is the money processing program. And because Ebay has moved MP to what is called a Simplified Fee [one fee for everything] that is why it is applied to the entire payment. We can break down that Simplified Fee, but MP doesn't look at it that way. All money processor charge their fees on the total amount received regardless as to how that payment breaks down, right or wrong, it is what they do. Even PP.
MP is not "charging taxes on taxes". They are charging fees but fees and taxes are not the same thing. They may feel like it but they aren't the same.
"Its not like the government charges them a processing fee to collect the taxes. And its just software or coding that does the work.." I assure you that collecting and remitting sales tax by Ebay to all the appropriate states they are required to by law is neither free or without cost to Ebay. Staff had to create and develop that software. Staff has to manage it, update it and/or fix it as necessary. Staff has to issue the payments within the terms of Ebay's agreements with each of the 40+ states. Etc. Etc. While it is easy to believe all of this and more didn't cost Ebay anything, it simply just isn't true.
Keep in mind that if staff is working on the programs that control the sales tax, then they are NOT working on other issues or programs that Ebay would normally have them work on. So yes that costs them too.
But again, I do not like paying fees on sales tax no matter what.
05-03-2021 02:52 PM
It is interesting that Ebay forced us to use PayPal years ago, now they force us to not to use PayPal. This makes no sense. Not leaving us a choice is a bad customer experience.
05-03-2021 03:49 PM
@peter.... wrote:It is interesting that Ebay forced us to use PayPal years ago, now they force us to not to use PayPal. This makes no sense. Not leaving us a choice is a bad customer experience.
And back when Ebay made PP mandatory, much of the same negative comments and predictions were made as they are now about MP. The threads were full of complaints.
05-04-2021 12:58 AM
i simply dont want the government (who now sees everyones BANK ACCOUNT) seeing every little second hand thing i sell. Next they will send me a tax bill at the end of the year because they see ive made an income by selling an old pair of jeans on Ebay and scrounged some kinda profit. This is a disaster. I liked the independent Paypal getting the money.
I wont be selling on Ebay if they force me to put everything in my bank account. they arent doing this to help us, they are doing it for their own greedy means, to suck up the fee charges instead of them going to Paypal. Dont try and dress this up. Go stick it Ebay where the sun doesnt shine.
05-04-2021 05:46 AM
@peter.... wrote:It is interesting that Ebay forced us to use PayPal years ago, now they force us to not to use PayPal. This makes no sense. Not leaving us a choice is a bad customer experience.
Years ago, eBay owned PayPal. Now they don't. Makes perfect sense.
05-04-2021 05:47 AM
I want to use paypal. I do not want to use my checking account. Paypal i use my savings account you are asking for my checking info/
05-04-2021 05:48 AM
@blackout1230 wrote:i simply dont want the government (who now sees everyones BANK ACCOUNT) seeing every little second hand thing i sell.
eBay doesn't provide that info to the government. They provide a total dollar amount.
Next they will send me a tax bill at the end of the year because they see ive made an income by selling an old pair of jeans on Ebay and scrounged some kinda profit.
Right, because you owe tax on that profit.
This is a disaster. I liked the independent Paypal getting the money.
Seems like what you really liked was being able to evade taxes.
I wont be selling on Ebay if they force me to put everything in my bank account.
OK.
they arent doing this to help us, they are doing it for their own greedy means, to suck up the fee charges instead of them going to Paypal.
Well yeah, isn't that obvious?
05-04-2021 05:50 AM
Paypal was great i will look to do my selling some other site.
05-04-2021 11:38 AM
@blackout1230 wrote:i simply dont want the government (who now sees everyones BANK ACCOUNT) seeing every little second hand thing i sell. Next they will send me a tax bill at the end of the year because they see ive made an income by selling an old pair of jeans on Ebay and scrounged some kinda profit. This is a disaster. I liked the independent Paypal getting the money.
I wont be selling on Ebay if they force me to put everything in my bank account. they arent doing this to help us, they are doing it for their own greedy means, to suck up the fee charges instead of them going to Paypal. Dont try and dress this up. Go stick it Ebay where the sun doesnt shine.
Selling second hand items does NOT mean that the income from these sales are not taxable. If that were the case, then everyone that sells antiques or collectables would be extremely happy.
If you are ONLY selling stuff from your own closets, then likely you wouldn't have to pay any additional taxes. There are rules to protect you on this.
But if you are purchasing used items or getting them from friends and family to sell, then that changes.
Ebay is a for profit company just as every single seller out there is here to sell stuff and make a buck. There is no difference. If to earn money is "greedy", then we are all guilty of that.
Is Ebay going to help you evade taxes. No they aren't going to do that. Even when your money was going to PP, it was your responsibility to report your income and expenses, even if you didn't have to pay additional taxes.
https://www.irs.gov/newsroom/five-things-to-remember-about-hobby-income-and-expenses
https://www.findlaw.com/tax/federal-taxes/do-you-need-to-report-your-online-sales-to-the-irs.html
05-05-2021 08:57 PM
I fully agree. For Ebay to charge a final value fee on the tax is just wrong, it should be illegal. But as others have pointed out here, it must be legal because Ebay has many lawyers that have looked into this already. It's called greed, and the little guy gets screwed.
05-05-2021 09:12 PM
Hell ya we wanted to evade! lol It used to be no reporting under $20,000, no tax form as I remember. Now over $600 we'll get a tax form? I'm not sure about this, I'm just askin, maybe you know? Ahh, the good old days are over.....