eBay managed payments

[savedfrommyspokes]

Originally Posted by prestigecollectibles

I signed up and opted out. DO NOT sign up for this now.

Any reasons why you would not sign up now?

As more and more sellers sign up, the smoother it will be for buyers (in regards to those buyers reluctant to not use PP).

[prestigecollectibles]

Originally Posted by savedfrommyspokes

Any reasons why you would not sign up now?

As more and more sellers sign up, the smoother it will be for buyers (in regards to those buyers reluctant to not use PP).

It is worse for buyers. The only way to pay is with a credit card. You can't use your PayPal balance or pay with your bank account. As a seller I still have not received money in my bank account from Sunday night's sales. They said one buyer paid with AMEX and eBay is holding my payment for a few days until it clears. It is ridiculous. I had a buyer cancel on me too because they couldn't use PayPal. If eBay was so proud of their Managed Payments they would publicize it. The only way to know a seller is using Managed Payment is that the small PayPal icon is missing under the payment options in the listing.

[savedfrommyspokes]

Originally Posted by prestigecollectibles

It is worse for buyers. The only way to pay is with a credit card. You can't use your PayPal balance or pay with your bank account. As a seller I still have not received money in my bank account from Sunday night's sales. They said one buyer paid with AMEX and eBay is holding my payment for a few days until it clears. It is ridiculous. I had a buyer cancel on me too because they couldn't use PayPal. If eBay was so proud of their Managed Payments they would publicize it. The only way to know a seller is using Managed Payment is that the small PayPal icon is missing under the payment options in the listing.

I agree, the biggest problem is for the buyers who, for whatever reason, are only comfortable using paypal and if that is not an option for them could result in a lost sale. For me that is the downside as a seller. As a buyer also, I could care less if I pay via PP or ebay, as long as the coupons and rewards are available.

As a buyer, my buying account offered me the option to enter my CC info and pay via ebay (instead of PP) and that info would be on file for future purchases(as it is with Amazon, etc). Personally not clear as to why all buyers don't use CC for the rewards on purchases...1%+ back is a compelling enough reason to use a CC versus my PP balance or bank account.

Ebay has promoted this change to buyers, as mentioned, my buying account is already set up for this program. As a seller, I have received multiple messages over the past week promoting the benefits. And a first, I received something via the mail, yes from USPS, from ebay promoting this new program.

Based on the described benefits of the program, in the long run, it will be a beneficial program and save me almost 40% on my what I paid to PP for same service. However, until more buyers are comfortable with this program, my only concern at this point is lost sales in the short term. Once larger sellers are on board with the program, more buyers will join and I will feel less likely to lose on sales. Many of the larger sellers(advertisers on this board) still offer PP as an option....once this changes, I will likely follow.

[dabigyankeeman]

I have way over 3000 buys and a small number of sells on Ebay, and I totally love Paypal. I really would NOT want to switch!!!!!!

[clydepepper]

Paypal is too simple, too convenient, too user friendly.

Why not screw with that?


Idiots!


.

[frankbmd]

Support Elon. Buy a Tesla using PayPal.

[ibuysportsephemera]

Of course eBay never makes anything easy. I was asked by email and a nice little letter by snail mail to participate. I will not until I am forced into it. Why wouldn't eBay just allow sellers to use both until the transfer from paypal is complete in a few years? This would allow both buyers and sellers a chance to get use to the new eBay payment program. It would make too much sense which is why eBay is doing it their way and frustrating everyone.


Jeff

[steve B]

Paypal pretty much sucks.


I had my email hacked and someone sent two payments to wherever. about 800 total.
Filed the claim, and was denied because the transactions were "normal for me" Umm... no, thy weren't. I've never sent someone overseas 400 without it being a purchase.

Had to shut it all down and go through my bank, which meant a wait of about 60 days while they "investigated". I actually had to wait until the charges had gone through before I could complain to the bank.

Get stuff sorted, or so we thought, different email, had it happen again. We had set up two tier authentication, but the text came through at 3AM, and they timed it out and allowed the transaction to authorize without it after maybe an hour.
File the claim, sorry, "not fraudulent" but then they reversed one of the payments. This crew was a bit smarter, as they deleted the email saying there'd been a payment, so I didn't know it had happened for a day, when we got a text notice from the bank.


So basically, I don't trust the antivirus/anti malware software we have, don't trust the computer anymore, and have had Paypal shut down since May/June.


Paypal is inherently insecure, and doesn't do anything when there's been a problem.


Steve Birmingham