topic Re: Change to the payout system. in Selling

Change to the payout system.

pcmsm56 — Wed, 30 Jun 2021 21:48:56 GMT

Previously when ebay paid money to me via Paypal, I used to receive $22.05 for my $22.95 sale. Now with ebay paying directly into my bank account I get $19.57. This is a fee of $3.38 or 14.7%. Has anyone else noticed this?

Re: Change to the payout system.

gutterpunkz05 — Wed, 30 Jun 2021 23:47:58 GMT

When your payments went direct to Paypal, your 90c deduction was purely the 2.5% paypal fee, and all your ebay fees were accumulated and invoiced monthly.

Old Fees Ebay FVF 10.9% + 2.5% Paypal

New Fees Ebay FVF 13.4% + 30c

Re: Change to the payout system.

imastawka — Thu, 01 Jul 2021 01:24:47 GMT

Old fees also included 30c fixed fee to Paypal, so ebay fees are now cheaper.

Re: Change to the payout system.

tickford-t3 — Sun, 04 Jul 2021 02:12:27 GMT

Yes, same here - the new MP Fees are more than the previous combined eBay/PayPal Fees our previous was EBAY 9.9% and PayPal 2.6% + 0.30c - but I think the previous fee structure varied from Seller to Seller.

Re: Change to the payout system.

davewil1964 — Sun, 04 Jul 2021 03:08:18 GMT

Unless you have an ABN registered with eBay, your old fees were 9.9% + 10% GST. 10.89%

Re: Change to the payout system.

tickford-t3 — Sun, 04 Jul 2021 03:19:07 GMT

Yes that to, but working on the the base fee with GST or WITH OUT GST the previous way was cheaper,

Re: Change to the payout system.

davewil1964 — Sun, 04 Jul 2021 04:29:19 GMT

You must have different charges to me. My fees are generally the same as before.

Pre - 10.89% + 2.6% +30c (13.49%) On a $10 sale that was $1.65

Now - 12.18% + 27c + GST. On a $10 sale that is $1.64

Re: Change to the payout system.

tickford-t3 — Sun, 04 Jul 2021 04:46:04 GMT

I did say it varied from seller to seller, as you have shown it appears that the previous fee structure was a dogs breakfast hahahaha, I feel with MP it will now have a fee structure that’s fair across the board - which is a good thing

Re: Change to the payout system.

tickford-t3 — Sun, 04 Jul 2021 05:01:46 GMT

Just going on a $10 sale - previously and today as we are not on MP yet, we would pay Ebay fee 9.9% plus GST = $1.09 - PayPal 2.6% + 0.30 GST Free = $0.56c Fee Total: $1.65

and reading the current MP fee list eBay has sent us it reads 13.4% plus GST plus 0.30c plus GST so if I was on MP today the fee would be $1.80

so going on this there is still a Difference on MP fee structure compared to yours, maybe this will change like yours when signed up for MPs

Re: Change to the payout system.

tickford-t3 — Tue, 06 Jul 2021 03:31:57 GMT

I followed up, eBay had a typo in the MP info that I inquired about where they advised PLUS GST that was wrong , so you are right our MP fees will be the same as what you advised…….