Action Required: (my name,but might as well be sucker) please register for managed payments

[darkeyedman]

Latest email from the boss man ebay. Aren't there Federal financial laws that prohibit these kind of moves by a business? I guess we are going to be forced into managed payments one way or the other. I wish the FTC would crawl up ebay's you know what. I think the action required is to find some other way to sell my stuff.

[threshold.sales.group]

Brian, thank you for taking the time to post follow ups to the thread. Much appreciated! 

[nc-daydreamer]

brian_burke@ebay 

Will we EVER be able to have our funds deposited into PayPal again - or is this hope/need just a dream bubble waiting to be burst?  Please, either confirm or deny this with a direct, "Yes" or "No".

I have other concerns too, but this one is at the top of the list. This will solve the need to open another checking account and will solve the SSN issue and solve the 1099 issue and solve the time waiting game to get money for our sales, and solve the label pre-funding issue, and solve the major bookkeeping problems foreseen with this MP proposal - and probably other issues as well. 

As I can tell, there are many more reasons to keep PayPal than eliminate it.  Yes, we were all skeptical at first, but they have proven themselves worthy.

Next, about this email thing - eBay taught us well - back in the days of eBay U (which was another great idea shot down by those who had the power) that any email which addressed us by any salutation other than our real name - was to be considered fake. When did that change to find our mail now addressed to "Dear Customer"? Isn't this another security breech? Or, did I miss the announcement?

Thanks.

[vinylease]

I wonder if eBay is intentionally slowing down the sales of business NOT using MP?  I'm sure that they could easily adjust their search algorithms for those who aren't participating in the MP program. 

[hioctane62]

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@vinylease wrote:

I wonder if eBay is intentionally slowing down the sales of business NOT using MP?  I'm sure that they could easily adjust their search algorithms for those who aren't participating in the MP program. 

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I could completely see them doing this, with the goal of being able to tell investors and sellers "Great News!! XX% of all transactions on eBay were processed through eBay's amazing new Managed Payments program during the previous quarter. Sellers report great results and satisfaction in using this program. Sellers using the program reported an average of XX% increase in sales!"

[vintagecraze50]

I pretty much knew all the ins and outs and ups and downs about the program before I joined. I waited a long time before joining because I wanted PP as an option for my customers who have been using it. Questions I had were how the program handled refunds. Found out that they get deducted from the available payouts before the funds get sent if possible, and if there is not enough in the pending payouts there you get an invoice on your ebay fees. There are no withdrawals by ebay from your checking account once those payments get sent. It is a one way transfer.

[vintagecraze50]

My question would be WHY WOULD THEY DO THAT? Loose sales on items that would bring in much more cash than a transaction fee?

[vintagecraze50]

All of what you wrote about the program is probably true.

[brian_burke@ebay]

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@nc-daydreamer wrote:

brian_burke@ebay 

Will we EVER be able to have our funds deposited into PayPal again - or is this hope/need just a dream bubble waiting to be burst?  Please, either confirm or deny this with a direct, "Yes" or "No".

I have other concerns too, but this one is at the top of the list. This will solve the need to open another checking account and will solve the SSN issue and solve the 1099 issue and solve the time waiting game to get money for our sales, and solve the label pre-funding issue, and solve the major bookkeeping problems foreseen with this MP proposal - and probably other issues as well. 

As I can tell, there are many more reasons to keep PayPal than eliminate it.  Yes, we were all skeptical at first, but they have proven themselves worthy.

Next, about this email thing - eBay taught us well - back in the days of eBay U (which was another great idea shot down by those who had the power) that any email which addressed us by any salutation other than our real name - was to be considered fake. When did that change to find our mail now addressed to "Dear Customer"? Isn't this another security breech? Or, did I miss the announcement?

Thanks.

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@nc-daydreamer 

When you move to Managed payments eBay will deposit funds directly into the bank account you designate. You can move the money into any other financial institution you wish, including PayPal, but eBay will only deposit it into a bank account. The other issues you raise have already been addressed or will be addressed in the coming month later. Subscribe to Seller News for updates.

The best practices for marketing via email is to use the sellers User ID or name. The emails I saw posted by seller sent on 9/10 did include the sellers name.

Thanks for selling

Brian

[brian_burke@ebay]

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@vinylease wrote:

I wonder if eBay is intentionally slowing down the sales of business NOT using MP?  I'm sure that they could easily adjust their search algorithms for those who aren't participating in the MP program. 

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@vinylease - This makes no sense. Look at what you said from a buyer perspective. The most important thing for buyers is that we return to them the most relevant items in search. 

If we don’t do that they have other options. 

Sellers offering managed payments are exposing their items to buyers who like to pay with other forms of payment - they’ve removed a barrier (e.g. register a PP account or pull out your CC and enter it) to buying.

 I’ll forward your idea though - maybe the team will like it 🙂

Brian

[myjunqueyourtreasure]

brian_burke@ebay 

I didn't see an answer to my question regarding .com sellers who also list on other ebay sites regarding eligibility for MP inclusion.

A poster who is in MP said they are now unable to list on other sites.

I don't want to be opted into MP and find all my Canadian listings for example are  no longer allowed.

[greg5000]

@csbbct  wrote:

Yes, even more so now that we've heard the email this week saying sellers must register by Oct 22nd was sent in error after we were told in his first post not to ignore it because "The email you received requesting registration is accurate."  It's going to be hard to get anyone to believe the next one received!

I stopped believing in eBay in 2019 ...

[a_c_green]

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brian_burke@ebay wrote:

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@nc-daydreamer 

When you move to Managed payments eBay will deposit funds directly into the bank account you designate. You can move the money into any other financial institution you wish, including PayPal, but eBay will only deposit it into a bank account.

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I think for the purposes of clarity, we might want to define what a "bank account" is in this context. My understanding of this (and please correct me if I'm wrong) is that eBay will need an Automated Clearing House (ACH ) routing number and account number in order to deliver the seller's funds, and the most common example of that would be a bank checking account. I believe a credit union account would also qualify if they have a public-facing ACH number and account number, as mine does. (I am not in MP yet so I cannot say for sure. My own Credit Union did a quick review of the MP details and told me that it should be do-able.)

PayPal does not have an ACH number or an account number (it uses your email address), so it can't receive direct deposits from the outside world, which would now include eBay. (Some Googling will turn up a supposed 
PayPal ACH of 021213591, but that is for their associated MasterCard supported by Synchrony Bank.) Corrections welcome... 

[dasarock]

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brian_burke@ebay wrote:

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@vinylease wrote:

I wonder if eBay is intentionally slowing down the sales of business NOT using MP?  I'm sure that they could easily adjust their search algorithms for those who aren't participating in the MP program. 

---

@vinylease - This makes no sense. Look at what you said from a buyer perspective. The most important thing for buyers is that we return to them the most relevant items in search. 

If we don’t do that they have other options. 

Sellers offering managed payments are exposing their items to buyers who like to pay with other forms of payment - they’ve removed a barrier (e.g. register a PP account or pull out your CC and enter it) to buying.

 I’ll forward your idea though - maybe the team will like it 🙂

Brian

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brian_burke@ebay 

actually it makes perfect sense.  ebay only needs ONE search algorithm that is fair to all.  as you and others keep saying we will ALL be in managed payments.  abusing and shunting non-managed payment sellers below those already signed up is dishonest and unfair.  we all pay ebay's share according to rules we adhere to.  and further shunting those who either can not afford promoted listings or choose not to even farther below those not signed up is definitely showing discrimination.  is it the seller's fault that ebay created the promoted listings fiasco in search results as well as the gtc fiasco?  many are still awaiting the highly touted 'intuitive' seach results also ... they just aren't showing up.  and now, if a listing is promoted, ebay chooses to remove either the promoted listing or the original when both are paid for, one by subscription and one by promotion fees --- makes me wonder why sellers need to pay promotion fees when only one listing will show (and without promotion both listings are identical.)  major fiasco with what ebays done with search results while chasing the mighty dollar.  including all the non-related listings that show up in search.

[hurryagain]

@vinylease wrote:

I wonder if eBay is intentionally slowing down the sales of business NOT using MP?  I'm sure that they could easily adjust their search algorithms for those who aren't participating in the MP program. 

@hurryagain wrote:

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@angelono wrote:
I’ve had managed payments for about month. I’m getting used to. My sales are way up, but so are nasty buyers and returns. My advice is prepare for the change. It takes about 7 days to get the first sale thru, once you get in the system it’s better but I wish I could have prepared for the changes.

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A-HA!

This is why everyone's (who is not in MP) sales are way down...maybe eBay's algorithms give preference to those who are in their MP system...

...yet another conspiracy theory...

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...the conspiracy theory is growing!...

[gracieallen01]

Yes, a routing number and an account number will be needed.  And, as far as I know, a full ID disclosure is needed.  PayPal is still a payment processor and not a 'bank'. 

Respectfully speaking, though, it is interesting that Adyen has, or is now, applying for limited bank status in the US.  I wonder if that would mean that all transactions could be kept 'in-house', somewhere on down the road?