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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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  #28  
Old 06-23-2020, 10:52 AM
bobbyw8469's Avatar
bobbyw8469 bobbyw8469 is offline
Robert Williams
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Join Date: Aug 2009
Location: North Carolina
Posts: 9,136
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Quote:
Originally Posted by D. Bergin View Post
Running Adam's example in post #78, his $300 BIN at 9.15% I came up with $37.78 in total fees including Ebay and Paypal

His managed payments calculation came up with $38.52 in total fees, with the 11.5% vig. That's not taking into account, Adam's actually going to fall into the 12.35% category as Lance mentioned above, but not relevant to this example.

Granted it's not a huge difference, but it is what it is, and it will add up.

That also doesn't take into account, about 56 cents in savings on the Ebay bill portion of that transaction, by paying with a secondary source at the end of the month, instead of Ebay taking their cut directly out of the initial transaction, as they have indicated they are going to begin to start doing.

Again, not a huge deal in the grand scheme of things, but Ebay has never made me feel real good about anything they've done in the last 15 years, so why start now.

It's almost like switching your cell phone plan. Or your cable plan. They NEVER have your best interests at heart. It is ALWAYS what can net them the most cash.
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