topic Re: managed payments any positive experiences in Selling

managed payments any positive experiences

sonicmack — Fri, 18 Dec 2020 22:11:50 GMT

Been selling an ebay for 20 years and never posted here, but it's time to get some community feedback. Is any seller on here on managed payments able to tell me they are better off, the fees are lower, etc. I hesitate to post this, as I don't need to be bombarded with all the negative opions. Just hoping there is at least 1 seller saying managed payments is good.

Re: managed payments any positive experiences

sarahs_preloved_booksnbits — Fri, 18 Dec 2020 22:59:12 GMT

I have been on Managed Payments for a few months now and have only had one problem - one week they were about 1 day late with their payment. However I am only on weekly payments so can't comment on daily payments. My money is always in my bank account by late afternoon of the payment date (and that's with ME bank which seem to take a bit longer with payments clearing than other banks). The only other slight down side I find is that you have to be prepared to have the funds in Paypal for the store fees - otherwise I get charged a foreign transcation fee by my credit card provider. Since going onto managed payments, I seem to get unlimited listings (I wasn't expecting that).

Re: managed payments any positive experiences

jellybirddesigns — Fri, 18 Dec 2020 23:39:59 GMT

I've been on Managed Payments since the end of August.

The fees are pretty much the same as before - about 13.5%. Fees are taken up front, so there are no more monthly invoices to pay, OTHER THAN your shop fees and any listing promotional fees. My Paypal is still linked to my account, so those fees are taken from there.

The system has worked fine - the first week there was a couple of days delay, but since then it has run smoothly. I've set my deposits to weekly. In the early hours of Tuesday mornings I get a message from Ebay that my funds are on their way, and it's in my bank account a few hours later.

I don't think we're better off under the new system, but we're not any worse off - it's just different.

Re: managed payments any positive experiences

curraone — Sat, 19 Dec 2020 00:06:06 GMT

Not relevant to your situation, but for the smaller sellers there has been the added bonus of free listings - auction as well as BIN.

Re: managed payments any positive experiences

digital*ghost — Sat, 19 Dec 2020 01:58:31 GMT

Like most other sellers, the method in which money gets from the buyer to me is largely neither here nor there, as long as it does get to me and in a consistent, manageable way. Which ultimately means you won't find a lot of sellers (if any) who opted in to MP who are raving about it or saying it's better etc. I haven't had any problems with it myself, but at the same time there's nothing about it which I think would be a major benefit to sellers.

IMO Here are the key things to think about while you have the option to stay with the current payment methods:

Will you benefit from increased free listings?

Are you GST registered? (If not, the entire eBay fee will attract GST, not just the FVF - PayPal fees don't attract GST, so there can be an increase to cost for sellers there).

Do you sell in categories that can't accept managed payments?

Do you have a lot of overseas customers? (From what I've read, there's no visibility on international sites and OS buyers have to log in to ebay AU to purchase - I haven't seen anyone mention whether they no longer get OS sales yet though, so I'm not sure if that has had a huge impact on sellers).

Do you need fast and ready access to your funds? (eg, do you currently rely on being able to pay for postage directly with the buyer's payment for goods? If so, I'd recommend saving up a small fund in a bank account to pay for postage before the switchover).

Re: managed payments any positive experiences

eol-products — Sat, 19 Dec 2020 03:04:04 GMT

International as far as I can tell is still the same.

Re: managed payments any positive experiences

love_of_cars — Sat, 19 Dec 2020 03:42:33 GMT

From the responses, it sounds like eBay have ironed out all those problems in the early days where payments were being heavily delayed. There were so many posts about it on here weeks ago.

Re: managed payments any positive experiences

joztamps — Sat, 19 Dec 2020 04:51:10 GMT

@curraone wrote:
Not relevant to your situation, but for the smaller sellers there has been the added bonus of free listings - auction as well as BIN.

Is it also possible to save on store fees by dropping from, say, Level 2 down to Level 1 and still getting unlimited free listings?

Re: managed payments any positive experiences

lynne8221 — Sat, 19 Dec 2020 05:10:49 GMT

Yes, that's what I did.

Dropped back to the cheapest store & saved on fees, & I also get unlimited free listings. Fees are basically the same.

I've not had one problem with MP, & my payments go to my bank daily (except for weekends)

I consider it to be a WIN/WIN situation!

Re: managed payments any positive experiences

licr-9909 — Mon, 15 Mar 2021 01:04:32 GMT

all early issues are ironed out - not by ebay by the way they didnt have a clue- by me investigating using this forum. but the one thing i find trickier than before is local pickup - the payment on a weekend is there but processing and the buyer wants to pickup...... bit of finger crossing and trust that the payment will go thru after goods are gone...

the buyer has seen his money gone so doesnt understand why im hesitate to give up the goods

Re: managed payments any positive experiences

mobius2011 — Mon, 15 Mar 2021 02:44:56 GMT

I'm yet to see too much benefit. It now takes me longer with orders due to going through MyPost and things taking longer there than on eBay. I'm a bit confused about the whole thing, to be honest.

Because looking at my invoice, absolutely nothing has changed. The only thing that has changed is, I get money into my bank account instead of Paypal.

All costs are the same. And I thought that since I have to pay for shipping labels now direct to Aus Post, that I wouldn't get charged shipping fees by eBay. But no, for every transaction not only does eBay charge me for the postage, but I have to pay the postage. So postage is effectively double now.

And contrary to discounts on MyPost Business, I have not received any postage discounts despite sending 10 things just this morning.

When it was all through eBay, they absorbed the cost of the postage and billed me for it. The cost of printing the label in eBay was $0.00. But now they continue to bill me for it, PLUS I pay for postage through Aus Post. Something seems to be wrong with either something I'm doing or with what eBay is doing.

Looking at my eBay invoice. I get An Ad fee, a final evaluation fee and postage fees. So no different.

Re: managed payments any positive experiences

instylecollectables — Mon, 15 Mar 2021 02:46:12 GMT

So are you saying that there's no more cash on pick up available when you list as pick up only?

Re: managed payments any positive experiences

katistrophik — Mon, 15 Mar 2021 02:47:33 GMT

Local pick up is usually paid for in cash once the buyer has sighted and agreed to purchase the item, Paypal or Adyen shoouldn't come into it unless this has changed with MP's ?.

Re: managed payments any positive experiences

instylecollectables — Mon, 15 Mar 2021 02:52:12 GMT

@mobius2011 wrote:
I'm yet to see too much benefit. It now takes me longer with orders due to going through MyPost and things taking longer there than on eBay. I'm a bit confused about the whole thing, to be honest.

Because looking at my invoice, absolutely nothing has changed. The only thing that has changed is, I get money into my bank account instead of Paypal.

All costs are the same. And I thought that since I have to pay for shipping labels now direct to Aus Post, that I wouldn't get charged shipping fees by eBay. But no, for every transaction not only does eBay charge me for the postage, but I have to pay the postage. So postage is effectively double now.

And contrary to discounts on MyPost Business, I have not received any postage discounts despite sending 10 things just this morning.

When it was all through eBay, they absorbed the cost of the postage and billed me for it. The cost of printing the label in eBay was $0.00. But now they continue to bill me for it, PLUS I pay for postage through Aus Post. Something seems to be wrong with either something I'm doing or with what eBay is doing.

Looking at my eBay invoice. I get An Ad fee, a final evaluation fee and postage fees. So no different.

It's free to place a listing and you don't get charged double postage but you get charged a FVF on postage and sales plus 10% GST on top of the fees.

Unless you're a business and have provided ebay with your ABN the you get exempt from GST

Re: managed payments any positive experiences

mobius2011 — Mon, 15 Mar 2021 02:57:05 GMT

@instylecollectables wrote:

It's free to place a listing and you don't get charged double postage but you get charged a FVF on postage and sales plus 10% GST on top of the fees.
Unless you're a business and have provided ebay with your ABN the you get exempt from GST

Ok, then why does my invoice show I get charged an ad fee, plus postage? Then have to pay postage through MyPost? If eBay are charging me for postage, plus I pay Aus Post, then I'm paying double postage.

Re: managed payments any positive experiences

instylecollectables — Mon, 15 Mar 2021 03:06:32 GMT

How is ebay charging you for postage if you purchase it from AP?

MP you get 250 000 free listings per month so why are you getting charged?

Are you sure you're not mistaking your store fees for listing fees?

Re: managed payments any positive experiences

mobius2011 — Mon, 15 Mar 2021 03:09:12 GMT

@instylecollectables wrote:
How is ebay charging you for postage if you purchase it from AP?
MP you get 250 000 free listings per month so why are you getting charged?
Are you sure you're not mistaking your store fees for listing fees?

I don't know, but on my invoice, there are postage charges. Tell me if you are not seeing what I am seeing. My listings are set to buyer pays. So as far as I am concerned, eBay should be only concerned about picking up their money and charging me eBay fees. Not postage. That is my problem to work out elsewhere.

Re: managed payments any positive experiences

digital*ghost — Mon, 15 Mar 2021 03:18:28 GMT

Are you clicking "print postage label" on ebay?

If so, you are purchasing postage through eBay and can print the label directly - you don't need to go through My Post, as this option purchases a postage-paid label through eBay.

If you'd bought and used labels through My Post for those, I would try to cancel as many of the eBay ones as you can.

Re: managed payments any positive experiences

instylecollectables — Mon, 15 Mar 2021 03:24:26 GMT

When did you start MP?

Re: managed payments any positive experiences

mobius2011 — Mon, 15 Mar 2021 03:27:48 GMT

@digital*ghost wrote:
Are you clicking "print postage label" on ebay?

If so, you are purchasing postage through eBay and can print the label directly - you don't need to go through My Post, as this option purchases a postage-paid label through eBay.

If you'd bought and used labels through My Post for those, I would try to cancel as many of the eBay ones as you can.

I have clicked print postage label, but only to see what the postage costs are and if Sendle were cheaper for some items, As sometimes they are and now I have no insight as to what the options for postage costs are if I don't use the eBay shipping calculator. But at the end I don't actually print the label or pay for it when it says you are purchasing a postage label. I stop there. So i shouldn't get charged a shipping cost just by clicking on "print postage label" should I?

Plus it says "Ad Fee". Am i supposed to be getting those as well, or only FVF?