managed payments rip off

fashionistafiesta — Wed, 02 Sep 2020 02:32:26 GMT

Wow ebays new system of managed payments is a massive rip off .

Prior if I sold something, the maximum sellers fees I would pay was $200. Now they are charging me 11.9% plus what I'm gathering are paypal fee's .

I made a sale the other day which was $4500 and they took around $550 . They now take 11.9% up to $4000!!!!!! This was something that wasn't factored in to my sale so it now becomes a loss to me.

What a joke , I will now be selling my more expensive item's elswhere.

Very disappointed in Ebay as all they will do is loose sellers.

It's a massive kick in the guts to small business which are stuggling at the moment.

Re: managed payments rip off

digital*ghost — Wed, 02 Sep 2020 04:03:38 GMT

@fashionistafiesta wrote:
Wow ebays new system of managed payments is a massive rip off .
Prior if I sold something, the maximum sellers fees I would pay was $200. Now they are charging me 11.9% plus what I'm gathering are paypal fee's .

The FVF cap on items is $400 when not on managed payments, I know there was a time it was $250, but I can't recall it ever being $200, but they have indeed removed caps for those on managed payments. For high value sales, you get charged the new FVF on the first $4000, and then a 2.5% fee on any remaining amount (eg if you sell a $10,000 item, it would be 11.9% of $4k, and 2.5% of $6k).

You don't pay any PayPal fees - the new higher eBay FVF combines all fees into one percentage as ebay are facilitating all payment processing, no matter how the buer pays.

topic managed payments rip off in Selling

managed payments rip off

Re: managed payments rip off