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EBay managed payment
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robertkidd said:I get that it isn’t a cheque, but my concern is if the payment can be reclaimed by a fraudulent buyer before it has been passed to my Bank. This wasn’t a problem with the PayPal system where it was available for withdrawal immediately.
I have looked on the help for sellers section on eBay for guidance on this but it still refers to PayPal and doesn’t seem to have been updated to reflect the changes.0 -
Thanks for the replies, I guess using PayPal gave a false reassurance that money was safely in your bank because of the immediate payment system, when it could be reclaimed anyway through the same channels as now.
I know I’m not the only one to question this as can be seen on other forums where sellers are talking of increasing their delivery time to make sure “the money is in” !0 -
I think some people are over thinking aspects of the new system and not understanding it properly, which I am seeing across many forums.1
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I see its all change for sellers on ebay now:
https://sellercentre.ebay.co.uk/selling/managed-payments?targetgroup=C2C
And selling fees have increased.
https://www.ebay.co.uk/help/selling/fees-credits-invoices/selling-fees?id=4822
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Overall the fees aren't increasing, just instead of paying 10% to eBay and 30p plus 2.8% to PayPal, you now pay the full amount (12.8% plus 30p) to eBay, the cost of selling won't really change.
There are several other threads all about managed payments on here too.1 -
ChangFai said:I see its all change for sellers on ebay now:
https://sellercentre.ebay.co.uk/selling/managed-payments?targetgroup=C2C
And selling fees have increased.
https://www.ebay.co.uk/help/selling/fees-credits-invoices/selling-fees?id=4822I’m a Forum Ambassador and I support the Forum Team on the eBay, Auctions, Car Boot & Jumble Sales, Boost Your Income, Praise, Vents & Warnings, Overseas Holidays & Travel Planning , UK Holidays, Days Out & Entertainments boards. If you need any help on these boards, do let me know.. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com.All views are my own and not the official line of MoneySavingExpert.1 -
ChangFai said:MarkN88 said:I think some people are over thinking aspects of the new system and not understanding it properly, which I am seeing across many forums.I’m a Forum Ambassador and I support the Forum Team on the eBay, Auctions, Car Boot & Jumble Sales, Boost Your Income, Praise, Vents & Warnings, Overseas Holidays & Travel Planning , UK Holidays, Days Out & Entertainments boards. If you need any help on these boards, do let me know.. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com.All views are my own and not the official line of MoneySavingExpert.0
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