ebay managed payment and password bank details

[antiquesdesignonline]

Ebay have demanded that we all sign up to ebays's managed payments scheme. 

In the proccess the ebay system asks us to reveal out bank numbers AND PASSWORD. any bank in Australia advises NOT to give out this information to anyone. hence as of 1st march i will be affected by ebay closures of my listings due to their ILLEGAL demands.

[chameleon54]

---

@gutterpunkz05 wrote:

Well that is a bit short sighted, for one you can bypass the micro deposit system,  and most financial institutions reccommend that you regularly change your password anyway.    It is also a good idea to have a dedicated account for online use.

---

My password gives access to all of my bank accounts, not just a single selected one. This includes investment accounts and other business accounts not related to ebay which handle significant sums of money.  Frankly my personal bank accounts are none of ebays business.

Asking for bank passwords is taking things a step too far. The Micro payment / verification system is all that should be required.

[gutterpunkz05]

As stated,  Simply bypass it.

[carolincarni_0]

Apparently I am the only idiot that proceeded... Now I am on the full paranoia swing

[paulastephenson]

Yes just tried to create a seller account and they wanted my bank login AND password had to kill process after I had already given drivers license and passport details 

[paulastephenson]

How to bypass it(

[*sons_and_daughters*]

I had to input my bank details (they need to know where to send the payments!), but I wasn't asked to put in a password. For those that were asked to put a password in, they changed it as soon as everything was accepted. If you wish to keep your current password, change it to something different for the purpose of setting up your account, then change it back.

As for driver's licence, I think from memory I only had to give them the licence number. I didn't have to upload a photo. I have never had a passport, so can't help with that. Usually it's a passport or licence, not both.

[davewil1964]

That's what I gave. Then I changed my password.

Internet security 101.

I suppose it depends on whether or not you want to sell on eBay and provide the details the AUSTRALIAN GOVERNMENT require payment processors to acquire.

[xkell]

---

@paulastephenson wrote:

How to bypass it(

---

Could you post a screenshot of the page? I recall someone posted one here a while back, which showed a list of banks, but there was supposedly a "my bank's not listed" link or something like that, resulting in a different verification process that doesn't involve Trustly logging into your bank account.

[imastawka]

Trustly doesn't come into it.

This is ebay.

[daydreams_12]

Congratulations, have just seen the "Honored Contributor.   Very well done!!!!