The whole Managed Payments thing is not only a big con-job, it's an incredible disaster. It costs more and the money doesn't appear instantly like how Paypal made the individual payments available instantly. eBay know full well that they can transfer the money to our bank accounts INSTANTLY, within a second of it being paid by the buyer - they can piggy-back on the fee-free PayID or OSKO banking protocol.
HEY EBAY, WHY DON'T YOU USE THE EXTRA MONEY YOU"RE NOW TAKING FROM US AND PUT IT TOWARDS A PROPER OSKO INSTANT PAYMENT PROCEDURE?
But the nightmare doesn't stop there, as mentioned by many here, you have to jump through multiple webpages just to find core information, especially the final payment and fees. Nothing about Managed Payments is set up for a business because you can't create an invoice and then quickly transfer the payment (minus the fees) as in Paypal days. Connecting parts of lump payments, that arrive 4 days later, to individual invoices is another complete nightmare.
HEY EBAY, IF YOU CAN'T TRANSFER INDIVIDUAL PAYMENTS INSTANTLY, WHY HAVEN'T YOU MADE PLUG-INS READY FOR COMMON ACCOUNTING PACKAGES??
Whomever thought up this Managed Payments idea has never actually used eBay for selling. It's obvious. It's like a dodgy manufacturer of dodgy goods, they never actually use the very thing they sell and expect others to use, problem-free. AN ABSOLUTE NIGHTMARE and we're paying more for it.
