Feeddback Payment is a joke

The new payment system sucks to high heaven.

What a joke.

Extremely slow and basically useless.

Then they ask for WHAT DO YOU THINK.

Ebay obviously do not want to hear what the sellers think because no one can access this item

WHAT A JOKE

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I was transferred to managed payments from 8 March and have to agree that its a backward step for sellers. Takes almost a week for the money to hit my bank account. It also means that no payment is going automatically into my Paypal account. Previously, money went into Paypal instantly so I could see that an item had been paid. Now the money floats in hyperspace for a few days-I have cases where the buyer gets the item before the money appears in my account.

As with everything that ebay does, its all to benefit ebay and certainly not to benefit the seller. They have tried to sell this as simplifying the payment process, but as far as I'm concerned, the process is longer and not as simple or transparent. 99.99% of my buyers pay by Paypal.