getting message to update my account

[itsahdeal]

I am getting this message to update my account by Feb 1 or I will not be able to sell. When I follow the link it says everything is updated. Seems to relate to Managed payments. I tried to contact ebay but it is seeming impossible lately. Any advice? I am pretty sure it is just a generated message I can ignore but I want to be sure.

Thanks Joe

[fern*wood]

Did you receive a message stating you were good to go after giving your bank information?  

[bjwminis]

I got a message similar to yours, saying I need to update my account for managed payouts.   Now where do I go for that?  Ebay says to click on an edit button by the account and there is no edit button. Next message I got was account on hold until I change bank info.  I go to that, and it says choose a different checking account.  I have that to do next, which involves my opening up a special checking account at the ONLY BANK I use.   It seems from what I read here, MANY sellers are going through the same sort of issue.  I will NEVER sell on ebay again!!  I used to sell off and on for years, lately only had 3 items to sell and the third sold along with the other two.  The first payment came from PayPal.  I have never had a problem with PayPal.  Now I wonder if I will ever get my payout for the first one AND this last one.

[kensgiftshop]

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@bjwminis wrote:

Now I wonder if I will ever get my payout for the first one AND this last one.

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Until you sign up for Managed Payments, there is no way to be paid.

[kensgiftshop]

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@itsahdeal 

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Have you provided all the required information for Managed Payments?

[jda07121]

Show us the message you are getting in your seller hub.

[caldreamer]

Go to HELP and search MANAGED PAYMENTS you can sign up there. MANAGED PAYMENTS is required if you want to continue selling on EBAY.

With MANAGED PAYMENTS money is deposited into your CHECKING ACCOUNT 3-5 days after sale. EBAY deducts shipping costs & EBAY fees (whatever is leftover deposited in your CHECKING ACCOUNT).

You will need to provide CHECKING ACCOUNT routing# and SOCIAL SECURITY# (for tax purposes). Names must be EXACT MATCH on your checking account, social security and EBAY profile page. If names don't match EXACTLY your application will be rejected and you will be required to provide additional information.
Because money no longer goes into your PayPal account....after you have been approved for MP you need to change SHIPPING LABELS and MONTHLY STATEMENT to Managed Payments. Next time you print label (go to bottom of page) and click on box to change to Managed Payments. You need to also change Monthly Statement to Managed Payments.

MP is completely different from PayPal. With MP deposits are (net amount after shipping & fees deducted). Sometimes one sale will get processed faster than another (possible to get PAYOUT for Wednesday sale BEFORE sale made on Monday). PAYOUT will also lump together sales from different days. Can be very unpredictable and confusing.