eBay

apple-2-online-store · ‎06-29-2020

I took the time tonight to go through all (?) of the Help pages concerning Managed Payments. If I understand correctly, eBay's FVF are going to jump from 10% to 11.5% based on the sale price, S&H and state tax. Is this correct?

With regard to Zero Insertions, these will be limited to certain categories. The category we sell in is Computer & Electronics, and that was NOT on the list of categories for Zero Insertion fees. Is this correct?

Finally, it seems to me that eBay is insisting on having unfettered access to a checking account so that they can deposit and withdraw funds as they see fit. Is this correct? And can a current PayPal account act as a "checking account"? If not, why not?

popblox · ‎06-30-2020

@mam98031 wrote:
Prior to MP, there was no need to have a checking account attached to your Ebay account.

PP isn't a bank. They are not FDIC insured. And they can't be attached to your MP account for those reasons. At least not at this time. I understand that PP is working on a vehicle that could be attached to MP, but for now that is still a work in progress and I don't have any specifics.

I feel like I have been really clear, but perhaps I should just officially say: I know PayPal isn't a bank. I have never suggested PayPal is a bank 🙂

@mam98031 wrote:
I'm surprised you don't have a bank account attached to your PP account. So you never deposit directly to a bank account from PP?

Never - at no time have I ever had a bank account attached to eBay or PayPal since I've been a seller on eBay. Incidentally, I haven't had an official bank account of any kind for over 15 years. I'm a "don't spend it unless it's in your hand" type of gal.