NO!
After receiving an 'invitation' to take a 'survey' on these 'proposed' changes, which I read & considered carefully, I found this info AFTER speaking to personell in eBay's 'specialized team' in the 'managed payment system' set-up for these changes which has little or NO choice where SELLERS will receive their p'ments from Buyers. I found out:
This from eBay in response to my questions y'day afternoon:
01:45:13 'eBay is now processing our own payments, so that is why you are being asked to register for Managed Payments. Managed payments delivers a more streamlined experience for both you and your buyers, providing you with one place to sell and get paid and get deposits directly to your bank account. Buyers have more ways to pay with credit, debit and gift cards, Apple Pay, Google Pay (on the eBay app), PayPal, and PayPal Credit. Managed Payments has been active since 2018, and all sellers by early 2021 will be selling through Managed Payments. So it is something that everyone has to register for.'
* EVERYONE will receive an email from eBay within the next few months & asked to register for this! SOME CATAGORIES WILL NOT BE ABLE SELL IN THE FUTURE .. this has been covered by another member before my post.
eBay WON'T answer my q. about NOT registering ..
They responded this way 1.'We have been adding sellers in to Managed Payments in groups, so we will email you once you are being asked to register for Managed Payments.'
2. 'When you are in Managed Payments you will have your funds sent to a banking account .. And with Managed Payments, you get the payout 2 business days after the buyer pays.'
* BUYERS are getting the ALL THE CHOICES for paying Sellers .. we have NO say.
* There will be NO p'ment option to have funds go to PayPal OR a Credit Card .. sales proceeds will go ONLY to a Bank A/c. You MUST have a bank a/c to receive your sales p'ments.
* There will be options of WHEN you receive your funds .. immediately, with 24hours or 3-5 days. There are fees applicable to all options EXCEPT waiting for 3-5 days.
* Postage funds will be available immediately, as Sellers are expected to post asap .. but, under the new Managed P'ment System (MPS) your funds won't show immediately unless you pay the fee % to make sure you have received your p'ment!
* CURRENT fee % on sales are: 10.9% of your TOTAL sale amount, including the postage. NEW fees, if you want your p'ment immediately, will be 13.4% of your total sales amount! That's an INCREASE of 2.5%!
* ONLY waiting with the option of 3-5 days for your p'ments to your bank a/c will have NO fees!
SO .. Sellers will be expected to post items BEFORE p'ments are shown with funds you will have to make sure you have available to do so.
01:59:57 'With Managed Payments, you can pay for shipping with your pending funds, so you can still ship out items right away.' * * * * Sounds like EBay will be 'monitoring' our bank balances? How else will they know how much funds are available?
NOTE: IF you are a seller (like me) in a REGIONAL or RURAL area who has NO MAIL SERVICE for p/u of parcels & has to physically take items to a post office & physically pay for postage, you better have the funds to do so, either in cash or a Debit Card, or use a Credit Card!
REMEMBER: printing a Postage Label for cheaper postage via eBay actually COSTS you a fee!
What am going to do to remain an Individual Seller? (I don't have a 'shop')
1. Increase my handling times by at least another 3-5 days to cover the waiting period for funds to show, as I have a bank a/c.
2. IF the p'ment .. for ANY reason .. does not show, I WON'T post the item!
3. IF eBay removes the options for 'Handling Times' when this change for 'Managed Payments' is introduced, I CLOSE my 5 eBay Seller pages (seeds on one, plants on another, canna plants on one, household goods on another & the last has odds n ends that do not fit 'house hold' goods) & say 'good bye'!
