mam98031 • Volunteer Community Member • Buyer/Seller since 1999
Hi mam98031, thanks for your reply. Maybe it is different on eBay Canada? After I read your message I went to the registration page again, it said I had completed step 1. Now for step 2 they ask me to select my bank and they definitely ask for my access card number and my password. That will let anyone out there get into my bank account.
When I joined to sell on another site they asked only for what you say - the bank routing number, checking account number and the internet bank ID number. They did not ask for the last 4 digits of my SSN - which makes me think you are in USA because in Canada our SIN's are 3 numbers-3 numbers-3 numbers.
At the bottom of the eBay page, there is not an option at the bottom of the screen.
Re. your good suggestion of changing my bank password, how do I know when to change it so that I don't hold up my switch to managed payments?
@tigergirl1 wrote:Hi mam98031, thanks for your reply. Maybe it is different on eBay Canada? After I read your message I went to the registration page again, it said I had completed step 1. Now for step 2 they ask me to select my bank and they definitely ask for my access card number and my password. That will let anyone out there get into my bank account.
When I joined to sell on another site they asked only for what you say - the bank routing number, checking account number and the internet bank ID number. They did not ask for the last 4 digits of my SSN - which makes me think you are in USA because in Canada our SIN's are 3 numbers-3 numbers-3 numbers.
At the bottom of the eBay page, there is not an option at the bottom of the screen.
Re. your good suggestion of changing my bank password, how do I know when to change it so that I don't hold up my switch to managed payments?
Yes, that is different. There is a button there that you can click on Terms of Use. To make yourself more comfortable with it, you should read through their TOS. They are stating they need it to verify the bank account is actually yours and to verify your identity. It says a bit more than that, but you should read through it so you know what you are signing up for. It appears to me that it is safe. Here is some information I found.
https://www.worldremit.com/en/faq/payments/trustly
https://www.trustly.net/us/terms-of-use-canada
Your screen is different, however it may just be an updated screen. See the area towards the bottom of the pics you provided above, where there is a section that has 9 icons in which you can click on. Instead of doing the Trustly thing, click all All Other Banks in that area if your bank is not one of the other Icons. See if that will work so you don't have to do Trustly.
Yes, I am in the US and am a US seller.
@n3ntj1 wrote:I have been using Paypal for buying and selling on eBay for a long time and really like it since I have a small 'bank account' on the side for eBay stuff and don't have to use my bank account. Too had eBay choose to move away from PayPal as of 2023.
I think you misunderstand the 2023 date.
Ebay plans to have most if not all sellers in the MP system by the end of 2021.
The current contract with PP ensures that they will offer their services to sellers not yet in MP and to all buyers, as buyers can continue to use PP. This contract is a normal 5 year contract. At this time we simply do not know if it will be necessary to renew that contract. And it is way too soon to start the renewal process anyway. That is likely something to take place later next year if it is going to take place. As of now none of us knows and anyone that tells you otherwise is assuming it.
@n3ntj1 wrote:Thanks.. I hope eBay allow sellers AND buyers to still use PayPal beyond 2023.
I think you misunderstood. Ebay expects to have ALL sellers enrolled in MP before the end of 2021. So if in 2023 there are still any sellers still using PP, there would be a unique issue that would be causing that and likely only applying to a very small number of sellers.
As for Buyers. Since it is so popular with buyers, it is unlikely that they will take that option away, but they might. We just won't know until later next year or early in 2023.
@rblizz wrote:With PayPal you got paid nearly immediately. Now eBay will "initiate" your funds transfer sometime around two business days after they receive the payment (but not on weekends) — unless they find some reason to hold your payment until the customer has received the package? (Yeah, right, not going to work.)
More hassle than it's worth. If I'm going to have to go through this garbage I might as well sell on my own and save on the fees. Just found out about all this when I put an item up for sale (probably my last one). Even tried to connect my bank – was told "not available at this time" and "try another bank." (I don't have another bank.) So I'm not sure if I'll be able to get paid if my item sells. Such a "benefit" for sellers. Been an eBay member for over 24 years (March 1997) and have a 100% rating. I might still buy here – maybe not, I don't know – but selling here is a joke now.
Ebay's MP does NOT hold money until a seller ships nor does it until the buyer receives the item. MP is hard enough for some to get use to, adding WHAT IFs to the mix just confuses things more and unnecessarily.
Ebay would have been sending you a few emails over the last 30 days or so letting you know that is was your time to enter MP and they give you a date when you need to register by. It also tells you what happens if you don't sign up for MP.
I Don't know why you weren't able to connect your bank. Sometimes when you get the message "not available at this time", that means try again later.
Unfortunately our ratings have no bearing on who is or isn't going into MP. ALL sellers will likely be in the program before the year ends. At least that is Ebay's goal.
@ulfesharpe wrote:It's clear Ebay still uses Paypal to receive the buyer's money instantly (a few sales on MP and I've noticed buyers paid right away, like they usually do). Whatever needs to be "processed" for 2 days remains a mystery to me: it's as though Ebay were waiting for a bank transfer from the buyer but they get the money right away.
While this may be clear to you, the facts of how PP processed stuff is a bit different that your understanding is.
PP had a clearing period too. It is just with PP, they allowed members to access their money before the funds actually came into PP from the funding source when CCs were involved. PP chose to do this as they knew that once a buyer makes the payment they have no ability to change, modify or other wise mess with the payment, so PP fronted the money to sellers except when an Echeck was used as the form of payment.
PP is the Unicorn here not other money processing systems.
But it does make it difficult to make the transition when we are all use to how PP processes funds, that is for sure. Unfortunately it is no longer an option for sellers if they want to sell on this site. Plain and simple. You can fight it all you want. That is your right to do, but it will change nothing.
@ulfesharpe wrote:Fronting money is the essence of all banking activity and financial transactions, not just PP — there is no real thing, it's all just numbers pushed this way or the other. You don't need 2-4 days to do that. Well maybe in 1852 you needed someone to carry your signature on a piece of paper across the plains to another bank but you don't need to do that in 2021. All this thing is outdated and absurd, it's going backwards 100 years. Well maybe not 100 years but at least to the 80s. Next thing we'll be forced to listen to Duran Duran again. Or even worse, the Scorpions.
Clearly Ebay disagrees with your assessment or they would be doing that too. I get it you don't agree, you have made that abundantly clear. Unfortunately it is the way the system functions, so it is the reality of the system right now and it is what we have to deal with. Wishing it were different isn't going to change the FACTS of how the system is operating.
@ulfesharpe wrote:Well the facts can be bettered — I suppose that's what all this noise is about.
Facts are what facts are. Do you mean there is room for improvement in the MP program? If that is what you are trying to say, I've always said there is plenty of room for improvement in the program.
No, most of the noise isn't about improving the program, most of the complaints are about the delay in payment. The two aren't the same. While yes, improving this process would be fantastic. Some realize it is factual that it is what it is right now and they are complaining about that. Personally for especially Casual sellers I think it is entirely understandable.
![Video [Russian Language]: Answers to common Payoneer registration issues](/t5/image/serverpage/image-id/750612i41F587DBC26EF24C/image-size/large?v=v2&px=999)
