Ebay is forcing everyone to go to managed payments Dec 31

[alloy]

Just got this from Ebay.

Apparently you can still use paypal until 2023, but it's not their "preferred" form of payment.

I for one am very happy with paypal.

Register by December 31st to continue creating new listings​

Dear Dan, Managed payments enhances the buying and selling experience on eBay, providing sellers one place to sell and get paid, and buyers more ways to pay. Your account will be enabled for managed payments starting this November. You are required to register by December 31st. If you miss the registration deadline, you will not be able to create new listings. After you register, we will notify you of your activation date in advance.​

Register Now in three simple steps: 1. Verify your information 2. Provide a checking account 3. Keep selling as usual

Running your business is simpler when eBay manages payments, and buyers have more ways to pay:​ Simpler to sell Checkout is more flexible, with an easier experience for your buyers​ Simpler to get paid Payouts are automatic, sent directly to your checking account​ Simpler to manage Operations run smoother, with simplified fees, integrated reporting, and streamlined support​

Once you register, nothing will change until eBay activates your account starting January 2021. We will notify you of your activation date well in advance. Learn more about the change, how it will benefit your business, and how to take full advantage of our new, simpler approach to payments on the eBay Seller Center or watch our video here. For full fee details, click here. You can also find additional details about the registration process on the Help Hub here. If you still have questions, you can request a call from one of our Payments team members there - we’re here for you. Please click here to register for managed payments now. *Please disregard this message if you have already registered for managed payments.*​

 

[markba633csi]

What is a managed payment?

 

[pontiac428]

eBay created and owns PayPal. They may be enhancing their way to get their hands on seller's money, but they ain't never going to part ways with their sister company.

 

[brino]

What is a managed payment?

I certainly have no idea......but I can be sure that it's good for ebay!

So many questions......
Does it only affect sellers?

-brino

 

[C-Bag]

If you look it up, PayPal split from eBay in 2015. But they had some kind of deal and now it’s expired. PayPal is worth more than eBay evidently and eBay I would think is trying to grab that 3% transaction fee that was going to PayPal. I for one don’t need another “option”. All this talk of flexibility is just double speak IMHO. I think this is one more reason to start finding elsewhere to get my deals.

 

[chips&more]

eBay created and owns PayPal. They may be enhancing their way to get their hands on seller's money, but they ain't never going to part ways with their sister company.

Sorry, but misinformation, ebay no longer has any part of PayPal.

 

[DiscoDan]

I got a too and I provided the information the other day. I've already received my first payment in my bank account instead of Paypal

 

[alloy]

As far as I can see ebay is going to take the payment, put it in your bank account, and charge you the 3% for "managing" your payment instead of letting paypal get their cut.
.
They tried this awhile ago and a few sellers I know tried it and their sales dropped off dramatically. They played hell getting out of managed payments.

I like my paypal card, paypal business loans if needed, and the way they do business with buyers and sellers.

I will hold at for as long as I can with paypal. I'll put a notice in my ads that I only accept paypal. Going to do that right now.

 

[Lo-Fi]

Yeah, they've pulled that on me already. As I don't sell usually, I'll be staying with PayPal and sticking two fingers up at them.

I'd love an eBay alternative. I hate - no, despise - their search that can't be defaulted to UK only listings and the lack of convenient way to check the location of a seller. Trouble is, it's got such momentum that's it's hard for anything else to compete well enough to get a foothold. Sure, there's Alibaba and AliExpress, but I go out of my way to avoid Chinese garbage - at least direct from source - at all cost, so they're a firm no.

 

[alloy]

Well I just put "Paypal is the only form of payment we accept" in all my listings.

I wonder if ebay will retaliate for me doing that?