on 15-08-2020 07:40 AM
Is it true that to sign up for managed payments, eBay demands heaps of personal information, and also we have to once again prove who we are and upload bank account details etc,etc. All of this personal informtion is then sent to a third party which eBay is then not responsible for. I would like to hear from those who have already signed up, as to whether this is true or not.
Solved! Go to Solution.
on 10-06-2021 12:52 PM
My understanding is you can still pay with Paypal but can no longer sell using Paypal, correct me if I am wrong.
on 10-06-2021 01:04 PM
Don't be so cynical, power sellers are leaving by the hordes too.
on 10-06-2021 02:12 PM
@wackojacko94 wrote:My understanding is you can still pay with Paypal but can no longer sell using Paypal, correct me if I am wrong.
Paypal will be listed as a safe payment method until 2023
on 10-06-2021 03:04 PM
@wackojacko94 wrote:But they still got your licence number for your other accounts. If a hacker got your licence and managed to get your other accounts info - you know the one with all your money in then it's the same scenario, you are stuffed in any way you look at it.
I have lost lost count of the number of times I have posted this advice, but here it is again:
Anyone on eBay, buyers and sellers, should have a dedicated bank account that shields their normal everyday bank account from fraud.
For buyers: open a debit account. By doing this, any potential loss is limited to the balance in the account. Keep a low balance and top it up when you know you are going to buy something, OR, transfer money into the account when necessary.
For sellers: open a debit account and link it for Managed Payments. If you get too much money in that account you simply spend the money OR transfer it to another account. Having a dedicated account for your eBaying will help you keep track of your transactions for tax/accounting purposes.
on 10-06-2021 09:13 PM
The real issue is not your bank account itself but the actual information disclosed.
Your full name, passport number, drivers licence number, bank account number, email address, residential address combined can be used to commit various types of fraud.
on 10-06-2021 09:22 PM
Oh, I forgot, you have also already disclosed your mobile phone number.
Mobile and email phishing will be enhanced when the scammer also knows your bank account details (prefix also discloses which bank you have the account).
on 10-06-2021 11:15 PM
@techburble wrote:The real issue is not your bank account itself but the actual information disclosed.
Your full name, passport number, drivers licence number, bank account number, email address, residential address combined can be used to commit various types of fraud.
you don’t have to give your passport and drivers licence details . . . it’s an either/or thing.
Have you ever used a cheque? Bank account number on the cheque, account name on the cheque, signature on the cheque.
I have used cheque’s for over 40 years and not once had the information used in a nefarious way.
I sure do hope many members concerned about giving info to eBay have given thought to the information they are freely giving already, and not to eBay but to complete strangers who buy from them.
on 14-06-2021 12:03 PM
Ebay's stupid new policy amounts to 'If you don't drive and you don't travel overseas, you can't sell on ebay.' The only-occasional ebay seller will have zero interest in jumping through the hoops and costs of getting and maintaining a passport just for the sake of selling on ebay. This is continued (and in this case, needless) discrimination against poorer people. Ebay, fix your garbage policy by at least accepting some more identification.
on 14-06-2021 03:13 PM
Any Government issued 18+ or ID Card is recognisd and accepted.
on 14-06-2021 03:20 PM
"I am pretty sure the name of the ebay account holder and that of the bank account have to match"
100% correct , If they do you will have seamless activity . If they don't then you wont .