mam98031 • Volunteer Community Member • Buyer/Seller since 1999
@goodluckselling wrote:
@mam98031 wrote:
@goodluckselling wrote:
@mvls1 wrote:I just received the offer to join managed payments today and carefully read the offer details. As the original poster has stated, you will be charged .25 per ITEM not per transaction! It is very specific in the offer details that the .25 applies for each item in the order.
If the buyer buys several from the same listing and or a variation listing you will only get a 0.25 fee for the single item number not each purchase.
It really should be looked at as per transaction per item number fee. Same item number purchases inside the same transaction will have the single 0.25 fee.
Good Luck Selling!
Yes you are absolutely correct. But for some sellers this is going to be a huge fee to contend with. At a minimum sellers will need to raise their pricing my at least 28 cents to cover the listing transaction fee and the selling fees since you need to raise your sales price. By itself, it doesn't at all look like much. But for sellers of low $$ items it is a huge issue.
Yes I understand. I am grandfathered into MP so I will not have this fee when it starts but I also am not for this policy. I asked eBay staff (weekly chat) about it when it was added to the payment terms of use with a generic answer and I doubt they will answer any more about it in the weekly chat.
My best guess is that these lower priced single item listings are not generating enough business? Sellers will need to find a solution for these kinds of listings. Sellers should consider smaller discounts for combined shipping to help cover these extra costs.
Maybe start adding a handling fee to cover this cost?
Good Luck Selling!
You will as of October 1st.
If you successfully complete the managed payments onboarding process (in accordance with Section 4) on or after June 4, 2019 (starting at 00:00:00 (12:00 AM) Pacific Time): Your payments processing fees are calculated as (i) the payments processing rate plus (ii) $0.25 per listing sold (the “per listing payments fee”). Notwithstanding the foregoing clause (ii), for sellers who onboard to managed payments on or after June 4, 2019 the per listing payments fee is waived through September 30, 2019 at 23:59:59 Pacific Time (11:59 PM plus 59 seconds) and will take effect beginning October 1, 2019 at 00:00:00 Pacific Time (12:00 AM).
I've already said that sellers need to increase their pricing to cover the additional fees. Whether it is the product price of S&H, it doesn't really matter. Sellers just need to increase pricing to cover the fee.
Oh I forgot to add it doesn't just affect $2 listings. That was just an example I used. I often have buyers that purchase higher $$ books that purchase several different ones. As another poster brought up, it is often more common in certain categories. And pricing for these items can be from dirt cheap to more expensive.
@goodluckselling wrote:
@mam98031 wrote:
@goodluckselling wrote:
Yes I understand. I am grandfathered into MP so I will not have this fee when it starts but I also am not for this policy. I asked eBay staff (weekly chat) about it when it was added to the payment terms of use with a generic answer and I doubt they will answer any more about it in the weekly chat.
My best guess is that these lower priced single item listings are not generating enough business? Sellers will need to find a solution for these kinds of listings. Sellers should consider smaller discounts for combined shipping to help cover these extra costs.
Maybe start adding a handling fee to cover this cost?
Good Luck Selling!
You will as of October 1st.
If you successfully complete the managed payments onboarding process (in accordance with Section 4) on or after June 4, 2019 (starting at 00:00:00 (12:00 AM) Pacific Time): Your payments processing fees are calculated as (i) the payments processing rate plus (ii) $0.25 per listing sold (the “per listing payments fee”). Notwithstanding the foregoing clause (ii), for sellers who onboard to managed payments on or after June 4, 2019 the per listing payments fee is waived through September 30, 2019 at 23:59:59 Pacific Time (11:59 PM plus 59 seconds) and will take effect beginning October 1, 2019 at 00:00:00 Pacific Time (12:00 AM).
I've already said that sellers need to increase their pricing to cover the additional fees. Whether it is the product price of S&H, it doesn't really matter. Sellers just need to increase pricing to cover the fee.
Read the paragraph before the one you are quoting. It specifically tells about sellers opted in before June 4th will have a set price.
If (a) you have successfully completed the managed payments onboarding process (in accordance with Section 4) prior to 00:00:00 (12:00 AM) Pacific Time on June 4, 2019 and (b) your eBay account has remained continuously enabled for managed payments: Your payments processing fees are calculated as 2.7% of the total order amount, including shipping, handling, sales tax and other amounts owed (the “payments processing rate”).
Good Luck Selling!
My bad. You are correct. It is only affecting those that enter MP on or after June 4th.
@tdumonde2014 wrote:Isn't that cheaper than paypal?
Yes for SINGLE purchases it is. PP is a 30 cent transaction fee and 2.9% processing fees. MP is 25 cent transaction fee and 2.7% processing fee.
So yes on a SINGLE purchase or if a buyer purchases multiple items from a SINGLE listing, you do save a little on the payment processing fees overall.
But if you have a buyer purchase from different listings it is different. Let's say a buyer purchases your Lone Ranger card, a Xena card and a Disney Card. That is 3 different listings the buyer purchased from and even if they pay for them all in one payment, you will have a 25 cent transaction fee for each item purchased. So you will have a 75 cent transaction fee and then of course the 2.7% processing fee. So your transaction fee is 3x as much even though it was a single payment.
You may want to review the User's Agreement you agreed to when you signed up for the site.
@mvls1 wrote:User agreement aside, how is it reasonable to charge sellers .25 per listing more than early MP enrollies if you would not allow ALL sellers access to MP? Then if they turned it down too bad for them.
Beats me. I never said it was.
As for turning down MP. While that is an option now. In the near future it won't be, it will be mandatory in about a year or so.
