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Managed Payments

I am interested in Managed Payments only if the money transfer is instantaneously and into a Savings account.  

I will not wait days for my money ~ no funds => no ship!

I will not incur another checking account and it's fees.  It must be a Savings account!!!!!!!!!!!!!

Message 1 of 14
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13 REPLIES 13

Re: Managed Payments

Then it looks like you wont be selling here anymore.



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“Never pick a fight with an ugly person. They don’t have anything to lose.” ~Robin Williams
Message 2 of 14
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Re: Managed Payments

Goodbye, sorry to see you go.

Message 3 of 14
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Re: Managed Payments

A sense of entitlement is never an attractive trait.



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“Never pick a fight with an ugly person. They don’t have anything to lose.” ~Robin Williams
Message 4 of 14
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Re: Managed Payments

Entitled Person walks up to door.

Knocks on door

Door Opens

Entitled Person: I demand this, that, and another thing or I will not sell on your platform. 

Crickets

Door Closes

Entitled Person: ummmm....

 

 

 

Message 5 of 14
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Re: Managed Payments

LOL..love it.



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“Never pick a fight with an ugly person. They don’t have anything to lose.” ~Robin Williams
Message 6 of 14
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Re: Managed Payments

1. Ain't gonna happen.

2. There are workarounds.

3. Ain't gonna happen.

Message 7 of 14
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Re: Managed Payments

Sadly it won’t happen. eBay wanted more money for its stockholders so they decided to use a second rate payment processor that takes 5+ days to pay you instead of keeping sellers happy with instant payments. They don’t give a furry rats ass if sellers don’t like it. They will reap larger profits regardless. Greed greed greed. 

Message 8 of 14
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Re: Managed Payments


@doylescollectables wrote:

I will not incur another checking account and it's fees.  It must be a Savings account!!!!!!!!!!!!!


Find a better bank. My bank charges zero fees on checking accounts.

Message 9 of 14
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Re: Managed Payments

 
@doylescollectables 

Hmmm, you want your funds sent to a savings account?  Apparently one isn't familiar with  Reg D as that will limit your access to the funds.
 
Regulation D and why it matters
The federal rule, also known as Reg D, comes from the Federal Reserve Board and puts a limit of six transactions per month on certain transfers and withdrawals from your savings or money market account.
 https://www.nerdwallet.com/article/banking/how-regulation-d-affects-your-savings-withdrawals
 
But not wanting to incur fees for a checking account?  Huh?
 
There are a BUNCH of free checking accounts out there if one wants to look around.  Any idea what nerdwallet is?
 
So the ball is in your court - figure out a way to make things work or pack up shop.

Message 10 of 14
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Re: Managed Payments

Actually the ability to make that decision is out of your hands.   The immediate payment procedure is unavailable with managed payments.    It takes a few days for the payment to be processed and the transfer time depends on your banking institution.  Either you provide eBay with a bank account that can accept the payments or you will not be able to sell on this platform.  There are free checking accounts and you just need to find one.

Message 11 of 14
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Re: Managed Payments

By the way when you go to print the shipping label you do have the option of have the postage deducted from the pending  payouts.    That option is found on the shipping page at the bottom left hand side.  There is no reason to delay shipping.

 

ebay label shipping payment.JPG

 

 

Message 12 of 14
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Re: Managed Payments

The world is full of free checking accounts.    If you're paying for a checking account then they are nickel and diming you and you should fix that.

Message 13 of 14
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Re: Managed Payments

I hope you do not have a yearly store subscription. 

"Those who enter the arena unarmed or unprepared are quickly dispatched."
Message 14 of 14
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