04-10-2021 08:40 AM
PLEASE READ EVERY BODY
I have just discovered that eBay has added a NEW FEE on our sales called MANAGED PAYMENTS. Here is how it goes "You posted a regular penny for $0.99 cents." Now eBay will take $.30 cents of every sale. So NOW your $0.99 cent sale will break down like this. $0.99 sale = eBay gets 12.9% for the sale. $0.30 for ( no matter if the sale is $ 0.99 cents or $99.00 dollars) every listing Which leaves you with $0.57 profit. NOW you have to spend $0.55 cents for a stamp to send item to your customer. This leaves you with a profit on that penny is $0.02 cents before you send out the coin. You end up with $0.01 cuz now you also have to send out that SALE penny. If I can not sell my coins that might be worth $0.99 and make a reasonable tiny profit. I will NOT sell my items worth $100.00 here either. I will look for another Platform to sell my coins on. I HOPE EVERY ONE READS THIS. PLEASE HELP
my id. is doug_5857
04-10-2021 08:45 AM
@doug_5857 wrote:Now eBay will take $.30 cents of every sale.
PayPal also took a 30 cent fixed fee on every transaction, unless you had a micropayments account.
04-10-2021 08:48 AM
Did you not notice that PayPal was charging you a 30-cent processing fee, too?
04-10-2021 08:50 AM
To echo what "luckythewinner" said, the PayPal fee has always be
My selling ID, in addition to being a little obsessive, has a stubborn streak.
Whenever eBay suggests she start an auction at 99 cents, she says, "No Way!!"
04-10-2021 08:51 AM
Old News, Not a New Fee, same fee PayPal charged
I wish you Good Luck with selling elsewhere
04-10-2021 09:35 AM
On this one ebay just doing the same thing paypal did. Unless as another poster stated you had a micropayments account. Then it was 5 Cents instead of 30 But 5% on the rest of the sale. Unless OP did not use paypal & used Merchant Credit Card & has a deal with the credit card company to not pay the Transaction Fee.
04-10-2021 09:35 AM - edited 04-10-2021 09:37 AM
But you no longer that PayPal 2.9% plus 30 cent processing fee
Solution - don't sell stuff for 99 cents.
04-10-2021 11:42 AM
Not sure how long you've been on Ebay. Please say you just started and didn't know about the fees. Yes, selling 99 cent items is pretty much a waste of time. I suggest take 10 of those 99 cent items and group them into a single "lot" and start at $9.99
04-10-2021 11:58 AM
OP has 564 feedback as a seller.
04-10-2021 12:18 PM
@doug_5857 wrote:PLEASE READ EVERY BODY
I have just discovered that eBay has added a NEW FEE on our sales called MANAGED PAYMENTS. Here is how it goes "You posted a regular penny for $0.99 cents." Now eBay will take $.30 cents of every sale. So NOW your $0.99 cent sale will break down like this. $0.99 sale = eBay gets 12.9% for the sale. $0.30 for ( no matter if the sale is $ 0.99 cents or $99.00 dollars) every listing Which leaves you with $0.57 profit. NOW you have to spend $0.55 cents for a stamp to send item to your customer. This leaves you with a profit on that penny is $0.02 cents before you send out the coin. You end up with $0.01 cuz now you also have to send out that SALE penny. If I can not sell my coins that might be worth $0.99 and make a reasonable tiny profit. I will NOT sell my items worth $100.00 here either. I will look for another Platform to sell my coins on. I HOPE EVERY ONE READS THIS. PLEASE HELP
my id. is doug_5857
Managed payments isn't a 'fee' - it's a payment system.
And it *does* matter of the sale is 99 cents or 99 dollars. It's all a matter of scale. I don't think you can blame a payment system for such an ill thought out idea like offering free shipping on a 99 cent item, but free shipping on a $99 item may make...uh...cents.
04-10-2021 12:20 PM
The only "new" thing about this fee is that eBay is now collecting it instead of Paypal. Either way, the 30 cent fee has been around a long time. It's nothing new.
04-10-2021 12:32 PM
How were you doing your books before if you just now believe MP is collecting .30 per transaction and you do not remember PP doing this?
04-13-2021 11:32 AM
Yes I did have Micropayments. I will have Micro set up on eBay MP as well.
04-13-2021 11:35 AM
When I sold a $0.99 cent item with PayPal i would receive $.32 cents left over as profit on every sale. Now I get ZERO
04-13-2021 11:39 AM
Yes I did have Micropayments. I will have Micro set up on eBay MP as well. When I sold a $0.99 cent item with PayPal i would receive $.32 cents left over as profit on every sale. Now I get ZERO. I use a Master Charge debit card tied to my bank