Why are we now being forced to TRUST "Trustly"?! No, their 'genius' name is NOT enough...

[jimisoy]

Paypal worked for us, but it's gone now.  Ok, business fall out of favor with each other, and underestimate the level of inconvenience ANY change makes for their users.  Maybe we can live with that, sometimes...
But what is 100% **bleep**, and should cost some VP their job, is when a decision is made to remove the ease and security of a well-known digital banking service like Paypal WITHOUT providing an equivalent replacement service (ever heard of Stripe?!).  Decades-long customers are left with two garbage options: Pay an additional $2 per transaction to have your money sent to a debit card (Payment fees on top of transaction fees?  No), or manually enter your bank's username and password into the prompt window presented by a 3rd party company (Trustly) you do not know, in order to manage your bank account.  Are you **bleep**TING me?!  

[tobaccocardyahoo]

Welcome to the world of ecommerce.

No reason to trust PayPal any more than Ebay.

Using your debit card for express payments is not safer than having your bank account accessed by ACH transfers.

Selling off PayPal was one of Ebay's better decisions. Using it was outside mainstream marketplace behavior.

[robbie31415]

I see no issue with how the system is now.

I actually like eBay managed payments and the removal of PayPal.

System has been working great for me.

[luckythewinner]

But what is 100% **bleep**, and should cost some VP their job, is when a decision is made to remove the ease and security of a well-known digital banking service like Paypa

Put the blame where it belongs. eBay used to own PayPal, but Carl Icahn and his fellow corporate raiders forced eBay to sell it off so they could cash in their stock at a profit.

Decades-long customers are left with two garbage options

It is not "garbage" to me.  I have been using Managed Payments on six selling accounts for four years and it worked flawlessly.

[kensgiftshop]

I've had to verify my checking account a few times and never had to provide my log in information, I go for the micro deposits.

[inhawaii]

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@robbie31415 wrote:

I see no issue with how the system is now.

I actually like eBay managed payments and the removal of PayPal.

System has been working great for me.

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Me too.

[chapeau-noir]

"Trustly" - it's the newest fad to name all internet companies with something ending in 'ly'. Openly, Leafly, Grammarly, Brainly, Talently, Scopely, etc. etc. Tech - it's all follow the leader, I guess.

[dbfolks166mt]

     One of the first things I did when I moved to managed payments was to setup a separate checking to handle the eBay deposits and while I had to provide the account information of course I never had to provide any password information. I also keep the funds in that account to a minimum in case of a hack or data breach. It keeps the funds separate which is handy for tax purposes and poses little security risk. 

     One of the ironic things about eBay moving to managed payments and breaking with PayPal as their financial processor is a couple of trains coming down the track that they never saw coming. The first was the sales tax collection as a result of the Supreme Court decision in Wayfair vs South Dakota, the other was/is the pending Federal change to the 1099-K issuance threshold. Had PayPal remained the third party financial processor those tasks would have fell to PayPal and not eBay although eBay owned PayPal it operated as a separate business entity. 

     FYI Adyen is the financial payment processor and while they are a foreign entity they are recognized as a leading world wide third party financial processor. 

[chapeau-noir]

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@dbfolks166mt wrote:

     One of the first things I did when I moved to managed payments was to setup a separate checking to handle the eBay deposits and while I had to provide the account information of course I never had to provide any password information. I also keep the funds in that account to a minimum in case of a hack or data breach. It keeps the funds separate which is handy for tax purposes and poses little security risk. 

     One of the ironic things about eBay moving to managed payments and breaking with PayPal as their financial processor is a couple of trains coming down the track that they never saw coming. The first was the sales tax collection as a result of the Supreme Court decision in Wayfair vs South Dakota, the other was/is the pending Federal change to the 1099-K issuance threshold. Had PayPal remained the third party financial processor those tasks would have fell to PayPal and not eBay although eBay owned PayPal it operated as a separate business entity. 

     FYI Adyen is the financial payment processor and while they are a foreign entity they are recognized as a leading world wide third party financial processor. 

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Yes, and Adyen also has a banking presence here in the US, and is the money processor for many of the larger companies online. There were a lot of crazy coincidences with the breakup!

Paypal was never fully synergistic with eBay, and I wasn't even slightly surprised when the two broke up and Paypal left eBay in the dust. As etailing matured, eBay quickly became a boat anchor to Paypal.

ETA: I was fine with Paypal, which had good CS. I'm also fine with eBay Managed Payments, which is pretty much the same as the managed payment systems on the majority of selling sites.

[johnrj1226]

Ricky Nelson  sang it best in this song from 1972 with these lyrics

"But it's all right now

I learned my lesson well
You see, you can't please everyone
So you got to please yourself"

https://www.google.com/search?client=firefox-b-1-d&q=ricky+nelson+garden+party

[fbusoni]

@jimisoy 

Perhaps next time you should spend 54 seconds doing a simple Google search before jumping to irrational conclusions.

Quite frankly, I'd trust Trustly before I'd trust Paypal.  

[jg.mason]

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@dbfolks166mt wrote:

     One of the first things I did when I moved to managed payments was to setup a separate checking to handle the eBay deposits and while I had to provide the account information of course I never had to provide any password information. I also keep the funds in that account to a minimum in case of a hack or data breach. It keeps the funds separate which is handy for tax purposes and poses little security risk. 

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That is good advice. That was the first thing I did, open an eBay separate checking account.

[5dollarvintage]

PayPal is owned by Elon musk. Now that he has come out as a trump supporter they want to push him out. eBay is a leftist **bleep** company that over charges its customers for shipping and taxes and acts like that is part of the profit. eBay used to be awesome but now it’s garbage. 

[fjbet13]

Elon Musk hasn’t been involved with Paypal since 2002