Forcing me to managed payment or deny new listings

[retrowise]

I wanted to put up a new item but message came up I must register to managed payments. So I go to the link where it says "express interest". I fill out the form but skip the "Why are you interested in managed payments?" because I am not interested in it. Off course it won't let me continue. So I feel I'm being forced to voluntarily sign up for something I don't want. When I dig deeper, I find they also want driver's licence and who knows what other persona information which in no way I will submit to some private company online.

The question I have is it even legal to force people this way or simply deny their service?

I've been with ebay since the start but this will probably be the end of it. What are your thoughts

[domino-710]

No need whatsoever. 😉

[martinomusic2014]

Thanks for the heads up, I thought this was a place for helping each other.  Anyway, I am no longer selling on ebay so no worries about feedback any more.

[domino-710]

It is Martin - by asking you have to take the answers - which are not personal but given through experience.

I may have 50 odd feedback on this - my posting ID - but - multiply yours by 6 - on my selling ID.

Ask the questions - think about the answers.

Just an aside - why anyone chooses to continue selling - for profit on eBay - is totally lost on me.

Opinion.

[martinomusic2014]

I appreciate what you are saying and have taken well intended advice accordingly. 

I was referring in that reply specifically to the comment by 'klooo-sir-sales' about some on here who may have other intentions. 

And yes, selling on ebay for profit is often going to be an uphill struggle, my point is that even while selling off personal belongings (downsizing) payments into my bank account have to be accounted for and I do not have receipts for anything to show I am not making a profit so proving otherwise will be difficult.

Easier to just not bother.

[digital*ghost]

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@martinomusic2014 wrote:

my point is that even while selling off personal belongings (downsizing) payments into my bank account have to be accounted for and I do not have receipts for anything to show I am not making a profit so proving otherwise will be difficult.

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Why do you believe that being paid directly into your bank account will change anything with regards to accounting for the money? 

[k1ooo-slr-sales]

oh dear, this news may shock you . . . but eBay are obligated by the ATO to inform them of any seller who has transactions totalling more than $10,000 in a tax year . . . and this includes postage received as well.  This is regardless of whether the items sold have been personal type items, new items in original packaging, whether you are making profit or not, or where the funds from sales go.

Having the money in PayPal does not stop the ATO from having an interest in your eBay selling activity.  They are interested in the total of the transactions and not where you park the money.

Also, members should be aware that although there is a threshold for mandatory reporting by eBay to the ATO, no such threshold exists for how much a seller transacts in a tax year i.e. the ATO wants all sellers to declare their selling activity.

Gets tricky for anyone on any government benefit too . . . but I’m not going to get into that.

[bluessonny]

My bank has never data security issues, they are regulated much more and more rigourously run than eBay.  They are not the same at all and given eBays data security track record I’d caution anyone giving them info which can be used for identity theft.  And no most of us didn’t have to give this to PayPal either.

[bluessonny]

You are missing the point entirely.  eBay is NOT like a bank, eBay have a VERY POOR record on data security.  Giving them this info is NOT like giving it to a bank,  I suggest you google ebay data security issues before you go getting all high and mighty with everyone here, you are ill informed about the risk you are advocating people expose themselves to.  Banks are regulated, run and architected very differently to eBay (yes I built  bank tech for 20 years)

[davewil1964]

YOU are missing the point. eBay is not the payment processor, Adyen is. Adyen, according to a post by kat in one of the myriad threads about this, processes payments for some significant companies, which would tend to indicate that they are legit. They also have a banking licence, and therefore have to comply with Australian government regulations pertaining thereto.

If you don't want to comply, sell elsewhere. FB is a good option, according to a dead Italian dictator. Admittedly, the dictator hasn't provided any proof.

[4channel]

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@bluessonny wrote:

My bank has never data security issues, they are regulated much more and more rigourously run than eBay.  They are not the same at all and given eBays data security track record I’d caution anyone giving them info which can be used for identity theft.  And no most of us didn’t have to give this to PayPal either.

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Yes bluessonny, very true.  What I have no problem with giving a bank, I do have a problem with giving eBay or others. Too much personal info in the hands of a non-bank type of organization is a high risk.

And as for PayPal, I would never give my extra personal info to them. Not after the freezing of accounts and from what I have heard from people I know personally about probable so-called glitches in the system leading up to the cut-off date given to provide info.  What is said to be private today can be sold as info tomorrow.

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@bluessonny wrote:

You are missing the point entirely.  eBay is NOT like a bank, eBay have a VERY POOR record on data security.  Giving them this info is NOT like giving it to a bank,  I suggest you google ebay data security issues before you go getting all high and mighty with everyone here, you are ill informed about the risk you are advocating people expose themselves to.  Banks are regulated, run and architected very differently to eBay (yes I built  bank tech for 20 years)

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Too right and well said! The regulation keeps banks as safe as safe can be in that area. For other entities and organization outside of that regulation the risk exposure is going to be much more. I certainly wouldn't dream of setting myself up for that.