on 17-02-2022 08:09 PM
I'm at a loss!! my credit card is (and always has been) on my file. eBay is now saying I need to update my payment option or I can't list anything. It's valid, and in date, why is it not a valid option for fees? It gives me no option to add a bank account, only another credit card. I'm so frustrated going round in circles. There is also no 'manage' option below my card details, leading me to believe it is an invalid option, but WHY?? and how do I fix this? hoping someone can help
As eBay has parted company with PayPal, eBay has now implemented a new system referred to as Managed Payments. This enables buyers to pay using PP, credit cards, googlepay, Afterpay and others.
It means the seller fees are taken out of the buyer's payment then the balance is sent to your bank account.
However you need to add a bank account and ID to be verified for MP's in order to sell.
If you haven't sold for more than 12 months, you will have holds on funds as you are treated as a new seller.
This is to curb hijacked accounts.