topic Re: EBAY NEW RULES "MANAGED PAYMENTS" Too Complicated?? I'm Out in Selling

EBAY NEW RULES "MANAGED PAYMENTS" Too Complicated?? I'm Out

spudd57joe — Tue, 04 May 2021 10:31:28 GMT

I just received an email telling me of the new managed payment rules; Tiers with different fees, Direct payments to bank accounts etc.

It's too confusing, so I may still purchase on Ebay; but, I will no longer sell.

Good luck every one, and stay safe.

Re: EBAY NEW RULES "MANAGED PAYMENTS" Too Complicated?? I'm Out

davewil1964 — Tue, 04 May 2021 10:55:32 GMT

See ya

Re: EBAY NEW RULES "MANAGED PAYMENTS" Too Complicated?? I'm Out

spudd57joe — Tue, 04 May 2021 12:05:48 GMT

As I'm not a business and don't have a store. I'm quite happy to sell the odd item on another platform, i.e Gumtree; and might explore others such as, ETSY, Amazon, Trading post, etc.

I really would like to keep using pay pal to buy as well as sell; unfortunately, E bay will no longer give me that option.

But as I said If an item I want is on E bay, I'll still consider buying using pay pal 🙂

Re: EBAY NEW RULES "MANAGED PAYMENTS" Too Complicated?? I'm Out

jellybirddesigns — Tue, 04 May 2021 12:15:05 GMT

With Etsy, your items need to be handmade, vintage or a supply item (to make something else, ie: beads) and you will need to provide full identifying information before you can set up an account. Etsy works on managed payments too - they take all the fees upfront and the remainder is sent to your bank account. Only certain countries can offer Paypal, and Australia is not one of them. The items that you have sold in the past would not be allowed on Etsy.

On Amazon, you will also need to do a full identification and verification of yourself (even more strict than Ebay and Etsy). Fees on Amazon are substantially higher and they do not support Paypal. Amazon is a nightmare for sellers and their customer service is even worse than Ebay's.

Best of luck with whatever you choose.

Re: EBAY NEW RULES "MANAGED PAYMENTS" Too Complicated?? I'm Out

spudd57joe — Tue, 04 May 2021 12:27:39 GMT

Thanks for the info.

Looks like I'll stick with Gumtree for now if I want to sell anything, I've done ok there; and I can still use pay pal.

Unless it's a cash pick up.

Cheers

Re: EBAY NEW RULES "MANAGED PAYMENTS" Too Complicated?? I'm Out

di-dinky — Fri, 07 May 2021 21:44:53 GMT

Me too!! why fix something, that isn't broken!!!!!!

Re: EBAY NEW RULES "MANAGED PAYMENTS" Too Complicated?? I'm Out

mtshed2014 — Fri, 07 May 2021 22:44:37 GMT

since the comparison mentions what would be Etsy's total fees payable on a sale , inclusive of payment transfer costs ?

a quick glance on their site and I found 5% of sale and postage cost plus listing fees

I'm guessing they are cheaper than eBay>

For every person that jumps ship, and I've been jumping for a few years, eBay's value for money and return on fees falls, being directly related to buyer and seller loyalty to their platform.

Regardless of selling I've been buying more from AliExpress and Bang good recently, in line with how some overseas sellers don't offer their items on eBay anymore. One particular new part I would buy bulk of via eBay for local repair jobs just disappeared from eBay when I went to restock. Google searching found them , but on AliExpress.

Many businesses, should they start to lose customers, lower their prices in effort to attract new trade, not simply charge more to those customers who remain with them.

Re: EBAY NEW RULES "MANAGED PAYMENTS" Too Complicated?? I'm Out

wizardess2-1 — Sat, 08 May 2021 00:15:30 GMT

I think it's totally wrong and unfair that Ebay suddenly dictates how it's sellers get paid, regardless how the actual customer pays. There are so many reasons why sellers prefer to be paid through PayPal, as for some people, PayPal is used as an extra savings account they can use to easily pay for certain bills and other necessities. This way the little extra money they make selling unwanted goods is helping them save the money in their bank for other expenses such as rent or mortgage or saving for their first home etc. And for Ebay to make this decision to limit how their sellers get paid, after all these years of making life somewhat easy us sellers, it won't surprise me if a lot of small sellers just throw up their hands and say well that's done it for me. EBay's payment enforcement only really benefit's the hard core sellers and bigger businesses, not really for the little guys who are already doing tough.

This is all how I see it anyway, if you disagree then I really envy you because this is going to ruin my future plans. Thanks for that Ebay. NOT.

Re: EBAY NEW RULES "MANAGED PAYMENTS" Too Complicated?? I'm Out

spudd57joe — Sat, 08 May 2021 06:23:12 GMT

I could not have expressed your point of view any better; except to say that I do not want E bay to have their fingers in my bank account.

I agree little fish like us don't count.

Re: EBAY NEW RULES "MANAGED PAYMENTS" Too Complicated?? I'm Out

sylho0 — Sun, 20 Jun 2021 03:56:03 GMT

I agree. Never give out bank details on this type of platform. I’m out also….

Re: EBAY NEW RULES "MANAGED PAYMENTS" Too Complicated?? I'm Out

katistrophik — Sun, 20 Jun 2021 04:41:06 GMT

No need to announce your departure, good luck wherever you may go

Re: EBAY NEW RULES "MANAGED PAYMENTS" Too Complicated?? I'm Out

imastawka — Sun, 20 Jun 2021 04:41:13 GMT

But giving banking details to Paypal was OK?

Funny how a lot of small sellers forget that detail.

Re: EBAY NEW RULES "MANAGED PAYMENTS" Too Complicated?? I'm Out

spudd57joe — Sun, 27 Jun 2021 01:37:46 GMT

Pay pal will only take funds from my account, ( with my permission), if there is not enough in my pay pal account.

I always have enough in my pay pal account.

The fees are always taken from the sale in real time.

And, if i wish to withdraw my funds it happens with no fuss.

I DO NOT HAVE TO GIVE THEM MY SENSITIVE INFORMATION; PHOTO ID, PASSPORT, etc.

I DO NOT HAVE TO WAIT FOR PAYMENTS THEY HAPPEN IN REAL TIME.

I'm using Pay Pal for all sorts of payments and for sales on alternative sales platforms, i.e. gumtree.

EBay has pushed me to stop selling... that's ok no hard feelings, I'm a small private seller, and I'm doing ok on Gumtree, Facebook Community buy / sell sites. etc.

So to answer your question , " yes it's ok for pay pal to have the bank account details of the debit account I only use for this purpose".

Cheers, and stay safe 🙂

Re: EBAY NEW RULES "MANAGED PAYMENTS" Too Complicated?? I'm Out

wallybrit — Sun, 27 Jun 2021 06:56:43 GMT

Yes, me too. Why does Ebay need personal I.D. , drivers licence and date of birth? Never needed this info before! And why only payment into bank account, meaning they have even more private information! And it has got so complicated selling on Ebay. Too many details and restrictions.

I'll stick to selling on Facebook marketplace.

Re: EBAY NEW RULES "MANAGED PAYMENTS" Too Complicated?? I'm Out

digital*ghost — Sun, 27 Jun 2021 07:12:33 GMT

@wallybrit wrote:
Yes, me too. Why does Ebay need personal I.D. , drivers licence and date of birth? Never needed this info before! And why only payment into bank account, meaning they have even more private information! And it has got so complicated selling on Ebay. Too many details and restrictions.
I'll stick to selling on Facebook marketplace.

Anti-money laundering laws require them to require ID - don't ask eBay, or other eBay members, why, ask the people who brought in the legislation why.

Those who have never been asked for ID from PayPal may not ever be, but you will find many have been, because they too are subject to Australian anti-money laundering laws, it's just that they don't request it in order to let people have and use an account (last I knew, there was a $10k threshold processed through the account before they would ask).

BTW, I have been asked for more information by PayPal than ebay ever asked for, in addition to actual scans of my photo ID, they have demanded supplier names and invoices from me before, too - for literally no reason that I could fathom.

The delay to receiving funds is a PITA, I get it, but for most it's not something completely unmanageable.

Re: EBAY NEW RULES "MANAGED PAYMENTS" Too Complicated?? I'm Out

gutterpunkz05 — Sun, 27 Jun 2021 07:43:07 GMT

Obviously you wear sandals

If MP is too complicated, I would hate to see you working out which sock goes on which foot.

Re: EBAY NEW RULES "MANAGED PAYMENTS" Too Complicated?? I'm Out

shoppingbag* — Sun, 27 Jun 2021 08:28:04 GMT

@gutterpunkz05 wrote:
Obviously you wear sandals
If MP is too complicated, I would hate to see you working out which sock goes on which foot.

Remarks like this are what makes this forum unpleasant, but I guess some just can't resist.

Re: EBAY NEW RULES "MANAGED PAYMENTS" Too Complicated?? I'm Out

shoppingbag* — Sun, 27 Jun 2021 08:37:24 GMT

Most of the Sellers I used to buy from are gone. I am no longer selling either. I wonder if anyone is happy with the new system, all I am hearing is one problem after another even after jumping through all the hoops to get set up. Life is too short to deal with all these headaches. I suppose business Sellers have no choice, but for the small fry like me, I would rather just donate my unwanted items to charity. I don't think eBay will wake up to themselves that this is probably one of the biggest mistakes they have ever made.

Re: EBAY NEW RULES "MANAGED PAYMENTS" Too Complicated?? I'm Out

gutterpunkz05 — Sun, 27 Jun 2021 09:10:43 GMT

Everyone complaining about MP, mostly without trying it and spreading the myth of doom and gloom.

Have not had a single issue with MP and sales are up 55%. So for all those who say this is the biggest

mistake ebay has ever made, I disagree entirely.

Bad luck if this does not fit with the myth.

Re: EBAY NEW RULES "MANAGED PAYMENTS" Too Complicated?? I'm Out

gutterpunkz05 — Sun, 27 Jun 2021 09:19:49 GMT

Forgot, that 55% increase in sales, is very much negatively skewed, when you take into consideration that I virtually stopped all international sales due to covid but sales are still up 55%. Go figure