Bank Passwords

I put a new item for sale for the first time and came to a page that requested my password for my Bank Account details. Surley this cant be correct as I would think if anyone would be stupid enough to do such a thing. Not being racist but the gentleman I spoke with had a strong indian accent and if you are unaware India has the title of the biggest scam producing country in the world. The ATO because of this does not have Indian sounding people on the phone anymore. 

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Bank Passwords

All sellers have to sign up for Managed Payments and be verified to sell

 

It has been the only option for sellers for over 5 years, and the only way you can be paid

 

What the person you spoke to 'sounded like' has nothing to do with anything

 

Assuming they *were* indeed from eBay that you phoned and not some random 

 

You will need to remove the listing, since you will not get paid if the item sells

 

And read up on the selling basics

 

Including the part about there being a 30 day hold on funds for new sellers, the buyer having a QR code when they pick up the item, if you can even list it depending on the type of battery it has etc etc etc 

 

Not a good idea to try to sell anything without knowing how things work 

 

By the way, some choose to have a bank account specifically for Managed Payments alone

 

Is there no longer the 'micro deposits' option?

 

You are also required to provide photo ID such as a drivers license or passport, and the ID and bank account must be in the exact same name as your eBay account 

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Bank Passwords

Just to add, this is something the seller signs up to themselves and not through or via some dude over the phone

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Bank Passwords

Ebays customer service is contracted and operates out of India.  As for verifying your bank account, there are other means available.

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Bank Passwords

eBayโ€™s Help page on registering as a new seller explains what you will need to do in order to sell and be paid on eBay.

 

https://www.ebay.com.au/help/selling/getting-paid/registering-seller?id=4792

 

You have two options for verifying your bank account: the login credentials method or the microdeposit method.

 

If using the login credentials method, Iโ€™d suggest changing your bank account password immediately afterwards. If you donโ€™t want to change your password, use the microdeposit method. It takes a little longer to verify, but it does mitigate the risk of your password being intercepted by a malicious actor.

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