07-16-2018 07:32 PM
Per eBay message:
- One place to sell and get paid: manage all your selling and payments needs from within your eBay account.
- Simpler bills: all your fees in one place on your eBay bill.
- Consolidated pricing: all your fees in one place on one bill, plus special pricing for early opt-in*.
- Daily payouts: direct to your bank account. No need to transfer funds between accounts.
- New ways for buyers to pay: such as mobile payments with Apple Pay.
- Better protection: claim and chargeback seller protections provided by eBay, with one place to manage disputes.
- More control: accept your exclusive invitation now to get a head start on adapting your business to selling and getting paid on eBay.
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I would like to have seen something about fees but I guess that will have to wait.
Overall, what I see so far looks good.
07-17-2018 08:24 PM
@div_style wrote:I would like to have seen something about fees but I guess that will have to wait.
Overall, what I see so far looks good.
If you have signed up to beta test have they told you what the fees will be?
I understand that they maybe don't want to say any thing about fees as it will most likely change as they get further into this thing but some where there should be floating around an idea of the fees that could be expected. No?
07-17-2018 10:16 PM
07-17-2018 11:02 PM
@pink.fish.rule wrote:
I just noticed something that concerns me in regard to ebay handling our payments.
I had a multiple sale and the buyer changed her mind on 3 of the items as she realized she already had them (collectible thingies). Because the sale was all together it was going to make a right mess if I cancelled only 3 items that had already been paid for in one transaction (on ebay anyway). So I sent her a partial refund for the 2 items she didn't want.
But now ebay is showing the full payment not received on the left hand side "sales scoreboard". They know a refund was partial, why on earth can't they show the correct amount of only the refund as 'not paid'?
You can ask the same question about all of Ebays glitches and problems, which is why so many are concerned with Ebay now also controlling our money before they give it to us.
Ebay has deliberately not answered too many questions in detail as they have not got a clue how things are really going to work yet. I am sure since this all starts in September (which I believe is the earliest they can run this out for sellers) they will be figuring out how to maximize their profits (which as a public company they are supposed to do) from this without chasing all the sellers away at one time. Originally Ebay had stated they were going to use Ebay employees who had gladly volunteered to test the program before they used any Sellers. Evidently they do not have enough employees who are willing to gladly be the guinea pigs for their companies programs.
Luckily I was not one that was asked as I would wholeheartedly said NO and who knows what that answer will do in your search placement for awhile. My biggest concern is that Ebay will not get enough backing from sellers for the program that they will do like they did with the Guaranteed Delivery where they basically opted everybody in and then you had to go into preferences and opt out with a reason as to why.
Although it has not been answered yet and probably will not be until this either starts up or a couple of days before, but I would imagine that Ebay is going to expect the shipment to be done before the money makes it to your account, based strictly on their saying the item was paid for.
Here are a couple of question for Ebay to discuss and figure out before the September beta test:
1 - Ebay already has issues where they say something is paid for, yet Paypal does not show it as paid, so how is somebody supposed to now verify that the item has been paid?
2 - Until Ebay has the batch deposited into your bank account there will be no surefire way to guarantee that it has actually been paid. Will Ebay have a sellers back on this if their site says it was paid for and the seller ships only to find out the payment failed or was not actually ever received?
3 - Is Ebay going to still expect Sellers to ship the next business day after payment has been made to Ebay but before the seller has the money in their possession? Or is it now going to be the day after the funds are received in their bank account so that shipping times are will now be delayed by 3-5 days.
4 - Since Ebay is going to be using batch processing with Adyen that means Ebay will submit the batch around midnight or what ever time Adyen sets as the cutoff time for the batch to be submitted. Most processors do not send the money to the Seller of Record (in this case it will always be Ebay) until the second day after the batch is processed as they have to submit the batch to the clearing house and get paid also. So what will Ebays shortest handling time for this be and will Ebay charge an extra discount fee to get the money on the second day rather than on the 3rd or 4th day?
5 - What about American Express payments which do not process and get paid as quickly as Visa/MC. Is this going to turn into an issue for the sellers to have to wait for those extra days to receive their funding on those items only so that the batch will not necessarily tie to any one days sales?
Just some food for thought questions for ebay that i know I will be asking when i am forced to deal with this in 2021 so you might as well figure out the answers ahead of time and those that are opting in early may also want this information supplied to them before the processing begins.
07-18-2018 04:32 AM
@hioctane62 wrote:I remember when this whole payment intermediary thing first came up, they said that paypal would still be an option for some time to come. I think their contract doesn't expire until 2021 if I remember right.
And I am 110% certain that ebay will sell all the personal data they will be collecting. I believe that is as much the purpose of this as controlling our money and holding it in their accounts, even for a short period of time, which will create perpetual high balances they can earn interest on.
I'm not really sure that 'their contract with PayPal' qualifies as a non-ebay option. They are still 'getting something' out of it and the seller is still paying for it.
07-18-2018 05:36 AM - edited 07-18-2018 05:36 AM
I'm excited for this, but I didn't receive the early invite.
07-18-2018 05:57 AM
I think maybe you do have the answers or at least one that could help calm seller concerns but maybe you don't realize it. I'd personally focus on this line Tyler:
"Adyen is a payment processor that will integrate with our software..."
It would seem like many of the features and programs that did not work in 2018 and were broadly objected to were eBay's creations and eBay's only to own. In your above statement, it's clear Adyen is a seperate company and as such less effort may be needed by eBay to get this right whereas the others were wholly dependent on eBay's engineering and top brass.
If any of this is true, you and other employees may want to regroup and come up with a bullet proof reassurance to sellers eBay will largely get this right because less technical effort is involved. eBay may also want to create a similar assurance to what they did with missed delivery dates for the 3 day guaranteed program should eBay fail to meet their commitment to a smooth process for the handling of sellers funds.
If you had a proper UX designer/researcher monitoring these boards you would have already largely assessed what the general user sentiment is. Sellers, even those who generally trend on the side of "eBay can do no wrong" simply do not trust eBay and believe the company to be highly incompetent.
07-18-2018 07:17 AM
From what I see is PayPal will be a option until 2023. What I am wndering is where the money will go. Under PayPal the money goes to PayPal. With the new system will the money go to ebay? Instead of a middleman eBay will be the holder of funds. That wouldn't surprise me and would be a boost for eBay since then they will have floating funds.
07-18-2018 07:58 AM
Basically ADYEN is a waste of money. Sellers will demand their money be sent to PAYPAL anyway and ADYEN and ebay will become useless middle men we dont need involved.
07-18-2018 08:08 AM
- I do not believe Ebay will get rid of Paypal anytime soon. That would be suicide for them at this point.
Paypal is still a main selling point for buyers to use Ebay. It will cost them a massive amount of buisness. There are a ton of people who only feel comfortable with online purchases with Paypal. It would be like starting the company from scratch again. Everyone would need to agree to trust a NON trustworthy company with a decaying & bad reputation to handle their money and make a financial account with them. I don't think they will consider getting rid of PayPal until they have a majority of their own users signed up for the new Ebay Payment which will take years and years. Even if they did execute it well. Which we all know is not likely.
- The fact that they are asking for early enrollment without rolling out a transparent fee sheet says it all. That is the REAL metric they are testing. Can we just roll things out and get people to commit to them without them having any understanding of how it works and the most important detail the $$$$. They have been moving in this NON transparent direction for years now. More generic buzz words and marketing with no substance. Like "Seller Protection" or "we have your back."
- The only place that can do a worse job at payments than Paypal is Ebay...lol At least with Paypal they offer credits more freely for their gross errors or mistakes. I would never want to work with an Ebay trained rep to correct a mistake on a financial account. Not to mention they are the cheapest tightest company I have seen. Offering limited one time coupons for purchases when they owe you money on a bill mistake. No, I want to deal with a place that will give me my money back as a first option. Not a place I have to fight tooth and nail just to get what I was taken for.
07-18-2018 08:36 AM
@duncanvr wrote:New payment process?
1. Buyers buy from sellers but eBay takes all the payment first.2. eBay requires all your personal details including social security numbers to opt in to this. If you don't meet requirements your ditched?3. When you're approved eBay makes the daily payment of your buyers sales in one go. But will likely take 24-48 hours to get the daily payment? Or longer?4. They take all chargebacks, disputes, taxes, fees and further transfer fee out before they send you the daily funds direct to your bank and a Adyen fee for this? What's left over? You no longer decide how you want to pay eBay fees. You have no control.5. Your bank charges more fees because of more active use.6. You can then transfer from your bank to PayPal and wait 5 days for payment plus pay another fee at that end?I see red flags this is another way sellers will become poorer.If this is the process and it gets forced globally on all sellers I won't be hanging around. I see a big problem here with the hidden fees they are not disclosing. What really happens with buyer disputes they refund it from your daily payment or freeze the funds in your bank. I just don't like the sound of the whole thing. I'll keep with eBay for now but if anything like the above is forced it maybe game over for me and time to sell on Facebook. I don't know if this payment system is going to be forced on sellers on all eBay worldwide sites. I think you should be cautious opting into beta. You don't know the fees, you have to wait for your money. I've always liked PayPal you get the money instantly even though there is a fee but you've always been able to spend online immediately.
I do not think eBay will ever be holding your money? Adyen processes the payment eBay puts your money in your daily account. They are just managing to process because Adyen is going to be an inline processor.
I am not sure where you got your ideas from your explanation is not how it works in my experiences. We have had a merchant account since 2001. Our daily settlements through our merchant account is in our bank account the next day, which happens every day.
I have never heard of a bank that charges for fees for more use, and especially for electronic useage?
We do not know how the settlement will happen so to say they will take all these different things out before is just speculation on your part.
I am not familar with any fees to transfer money into paypal, and I am not sure why you would be doing this?
I get it that many like to use paypal available balances for making purchases, but there are mnay other way to buy stuff online. Paypal also has a funding source already set up so when your paypal ballance is short they will get the funds from your funding source, which is basically the same thing you are wanted to do manually?
This is exactly what the beta test is for. To see how things are going to work and make suggestions and explain hardships because of different actions will have on sellers and or buyers.
There is no need for this pannicking. You should want to be part of the beta testing so you can voice your suggestions directly to the team overseeing the testing.
Good Luck Selling!
07-18-2018 09:06 AM
@goodluckselling wrote:
@duncanvr wrote:New payment process?
1. Buyers buy from sellers but eBay takes all the payment first.2. eBay requires all your personal details including social security numbers to opt in to this. If you don't meet requirements your ditched?3. When you're approved eBay makes the daily payment of your buyers sales in one go. But will likely take 24-48 hours to get the daily payment? Or longer?4. They take all chargebacks, disputes, taxes, fees and further transfer fee out before they send you the daily funds direct to your bank and a Adyen fee for this? What's left over? You no longer decide how you want to pay eBay fees. You have no control.5. Your bank charges more fees because of more active use.6. You can then transfer from your bank to PayPal and wait 5 days for payment plus pay another fee at that end?I see red flags this is another way sellers will become poorer.If this is the process and it gets forced globally on all sellers I won't be hanging around. I see a big problem here with the hidden fees they are not disclosing. What really happens with buyer disputes they refund it from your daily payment or freeze the funds in your bank. I just don't like the sound of the whole thing. I'll keep with eBay for now but if anything like the above is forced it maybe game over for me and time to sell on Facebook. I don't know if this payment system is going to be forced on sellers on all eBay worldwide sites. I think you should be cautious opting into beta. You don't know the fees, you have to wait for your money. I've always liked PayPal you get the money instantly even though there is a fee but you've always been able to spend online immediately.I do not think eBay will ever be holding your money? Adyen processes the payment eBay puts your money in your daily account. They are just managing to process because Adyen is going to be an inline processor.
I am not sure where you got your ideas from your explanation is not how it works in my experiences. We have had a merchant account since 2001. Our daily settlements through our merchant account is in our bank account the next day, which happens every day.
I have never heard of a bank that charges for fees for more use, and especially for electronic useage?
We do not know how the settlement will happen so to say they will take all these different things out before is just speculation on your part.
I am not familar with any fees to transfer money into paypal, and I am not sure why you would be doing this?
I get it that many like to use paypal available balances for making purchases, but there are mnay other way to buy stuff online. Paypal also has a funding source already set up so when your paypal ballance is short they will get the funds from your funding source, which is basically the same thing you are wanted to do manually?
This is exactly what the beta test is for. To see how things are going to work and make suggestions and explain hardships because of different actions will have on sellers and or buyers.
There is no need for this pannicking. You should want to be part of the beta testing so you can voice your suggestions directly to the team overseeing the testing.
Good Luck Selling!
I will ask again what will happen to sellers with more than 1 ID and selling on more than 1 Ebay site. example, a Canadian selling on .ca in Canadian dollars and on the US site in US dollars?
Is that going to be possible in the future as of course, Canadians do not have SSN's, so does that mean we can no longer sell on the US site?
This is designed again for .com as many only list on .com, but what about others that list on various Ebay where they have no address or bank account in that country.
Ebay had better do a whole lot of investigating for anything outside the US before they jump into this fiasco that no one wants.
Please reply to the above issues.
07-18-2018 09:10 AM
Hi. Good. I think it's great that at least there are very seasoned sellers (I assume) being asked to participate in this Beta AND give their feedback on any problems, fixes, etc. My question: once they have all the Beta data, will ebay get back to those sellers as a group to summarize what was changed, revised, accepted, improved using the Beta seller feedback BEFORE they implement. Or do we get the final with no input and the "you asked, we listened?"
I know this sounds dumb, but I am dumb. Will eBay offer their final rollout, before rollout, to those same Beta sellers before launch in case there are still kinks?. I know that is a dumb question. But thanks for all of your input on this. I don't have a merchant account so not sure how this process will affect those that don't have one. Thanks again.
07-18-2018 09:14 AM
@vintagecraze50 wrote:I hope the payments are in the account before shipping. We have 1 day handling and the quarenteed delivery. I would not ship anything until I know the payment has processed and not until then.
I am not sure why this is confusing to anyone? You will still get your message about receiving payment for a transaction. You will have the money on your eBay account, so you will still be able to pay for postage from your eBay account.
eBay should not holding your money for a time frame. They are just managing the payment and the transfer to your account awaiting the settlement.
Lets look at this deeper. I am going to assume at this time (no one knows yet until the beta test starts) that we will have options as to how often settlements and transfers accure (I think we can all agree on this)?
If you have extended handling times and one day settlement time frames it is possible you will
This would be an area for Q & A when the test starts. IMO sellers should be choosing longer settlement time frames like once a week or twice a month , etc to make sure they can remain a successful online business. Everyone who sells online is conducting themselves as a business whether you realize it or not. Online selling is completely different than having a yard sale or the local swap meet where you are not rated to selling standards like you are online.
I can see this as a concern for many sellers but at the same time I think sellers need to understand in order to take advantage of features like eBay shipping labels, you need to have funds available. This is just good business decision making.
You are not forced into using eBay shipping Labels. If you want to purchase them through the carriers website, or Paypal, through a third party portal, or at the counter of your carrier, you have lots of options. Paypal has a funding source setup so when you do not have the funds in your paypal balance they will transfer the funds from your funding source for your purchase (postage shipping label)
For buying on eBay - Maybe (I do not know, this is just an idea) eBay will allow you to purchase items on ebay and make payment from your eBay account balance? I realize that does not help you for off eBay purchases, I am just trying to gather some ideas.
Good Luck Selling!
07-18-2018 09:27 AM
@hioctane62 wrote:I remember when this whole payment intermediary thing first came up, they said that paypal would still be an option for some time to come. I think their contract doesn't expire until 2021 if I remember right.
And I am 110% certain that ebay will sell all the personal data they will be collecting. I believe that is as much the purpose of this as controlling our money and holding it in their accounts, even for a short period of time, which will create perpetual high balances they can earn interest on.
Oh Boy? Paypal and eBay contract ends in 2023. That does not mean ebay will remove Paypal, it just means the contract ends and both parties are not obligated to each other any longer. IT would benefit eBay to keep Paypal and eBay has expressed there desire to do so as they value the business relationship with Paypal.
I am not sure what data you are speaking of? Buying habits of buyers? This data is already being used for several different things.
eBay will not be holding your money. All they are doing is managing the process which will happen inside the platform which is a benefit to all users because there is no redirect ever when this payment option is used.
These are management tasks.
Good Luck Selling!
07-18-2018 09:34 AM
@bonnie-lass wrote:
@div_style wrote:I would like to have seen something about fees but I guess that will have to wait.
Overall, what I see so far looks good.
If you have signed up to beta test have they told you what the fees will be?
I understand that they maybe don't want to say any thing about fees as it will most likely change as they get further into this thing but some where there should be floating around an idea of the fees that could be expected. No?
Here is what ebay says about fees copied from the announcement.
Payments intermediation will bring significant benefits for eBay sellers. All sellers can expect a simplified pricing structure and more predictable access to funds, and most can expect their costs of payments processing to be reduced after they transition to eBay’s intermediated payments model. We’re also working on ways to provide sellers a central place to track and manage their business, inclusive of payments information.
Good Luck Selling!