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View Poll Results: Will you continue to sell on Ebay after the new Ebay Managed Payments is implemented?
Yes, I will migrate to the new payment system and continue to sell on Ebay as usual. 79 76.70%
No, this will be the final nail in the coffin. I am done with Ebay!! 24 23.30%
Voters: 103. You may not vote on this poll

 
 
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  #14  
Old 06-18-2020, 12:46 PM
bcbgcbrcb bcbgcbrcb is offline
Phil Garry
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Join Date: Apr 2009
Posts: 7,068
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As a retired 30+ year finance guy, I can tell you that the real profits going to e-bay with this new set-up will be the float time on the money that they collect instantly from the buyer and hold for 3-5 days until they deem the funds ready to deposit into the seller's bank account. Take those numbers times the tens/hundreds of millions of buyers and sellers and that's where e-bay is making the real money. The .001 or whatever fees you are saving as a seller is vastly negligible when compared to those profits that they will be enjoying.

Like many others, I'm not in favor of the new set-up at all but have to live with it. Etsy isn't really a reasonable alternative, is it? lol
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