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Managed payments rip off
Since i signed up for managed payments i feel i am getting ripped of by eBay.
Example
A transaction before with Paypal would add up to eBay and Paypal fees of 15% of the total so for a transaction for $17.95 the would be $2.69
I just paid eBay $4.32 on that transaction which adds up to 24%
Are we getting ripped off here ?
5 comments
kh-phdan
·3 years agoHello Everyone,
Due to the age of the thread, it has been closed to further replies. Please feel free to start a new thread if you wish to continue discussing this topic.
Thanks for your understanding!
alanew20311
·3 years agoknow the feeling, long time customer, sold an item, provided tracking and all info requested, but ebay holding my money, making interest for 30 days. Just a rip off.
mrdutch1001
·3 years agoZOMBIE THREAD FROM 2020!
You have responded to a thread from 3 years ago and in those 3 years sellers should have had the time/taken the time to read & understand the process pertaining to payouts...
Sellers need to READ the rules & policies on eBay!
Sellers need to UNDERSTAND the rules & policies on eBay
and sellers need to READ & UNDERSTAND the payout process!
As stated by eBay:
"However, we may sometimes need to put a hold on your funds due to your selling history or performance, or to address disputes. This helps us keep eBay a safe marketplace for buyers and sellers."
To help ensure eBay remains a safe place to buy and sell, and to meet our legal and compliance obligations - opens in new window or tab, we sometimes place a hold on funds, for example, if there's an open case or dispute on a transaction, if your buyer reports a problem with the order, if your account is restricted or suspended, if you owe eBay money, or if you're a new or infrequent seller. If we placed a hold on your funds, we'll notify you by email and, depending on the reason, may request additional information from you to help resolve the issue.
Types of holds
There are various reasons why we may place a hold on your funds.
Transaction holds
Transaction holds are when we place a hold on funds related to a particular buyer transaction. The funds on hold may be used to refund the buyer for the same transaction.
While proceeds from your sales typically become available within 1 day of confirming the buyer’s payment, we may place a transaction hold on funds while we ensure a successful transaction. To reduce the likelihood of a transaction hold, we recommend posting an item the same day your buyer pays for it and following good postage practices, such as adding tracking information to your order.
Tip
If we place a hold on your funds, it will usually be resolved within 30 days, but in rare circumstances it may take longer. For most orders, adding tracking information can help you receive your funds faster.
To help ensure eBay remains a safe place to buy and sell, and to meet our legal and compliance obligations - opens in new window or tab, we sometimes place a hold on funds, for example, if there's an open case or dispute on a transaction, if your buyer reports a problem with the order, if your account is restricted or suspended, if you owe eBay money, or if you're a new or infrequent seller. If we placed a hold on your funds, we'll notify you by email and, depending on the reason, may request additional information from you to help resolve the issue.
Types of holds
There are various reasons why we may place a hold on your funds.
Transaction holds
Transaction holds are when we place a hold on funds related to a particular buyer transaction. The funds on hold may be used to refund the buyer for the same transaction.
While proceeds from your sales typically become available within 1 day of confirming the buyer’s payment, we may place a transaction hold on funds while we ensure a successful transaction. To reduce the likelihood of a transaction hold, we recommend posting an item the same day your buyer pays for it and following good postage practices, such as adding tracking information to your order.
Tip
If we place a hold on your funds, it will usually be resolved within 30 days, but in rare circumstances it may take longer. For most orders, adding tracking information can help you receive your funds faster.
and IF you have read & understood the rules, policies and payout process, then you would know that as a seller returning to selling after a lengthy absence from selling and selling a high priced item, you are under eBay's watchful eye and therefore you need to apply this thing called P-A-T-I-E-N-C-E!!
reallynicestamps
·5 years agoYou pay a 10% selling fee to eBay. (This can vary from 3.4% to 14%)
You pay a 10% fee on the cost you show for shipping.
You pay 30c to Managed Payments.
You pay 2.9% for a Canadian sale to MP (3.7% to the USA, 3.9% overseas).
You pay 3.7% for a US sale on the cost of sales tax (but not the tax itself) to MP.
You may pay a fee for processing an international sale.
You may also pay non-refundable fees to eBay for options like Auction Reserve, delayed uploading, extra pictures, Promoted Listings, etc.
Could you furnish a breakdown to show where the total came to 24%?
lotzofuniquegoodies
·3 years ago@reallynicestamps
@cablemonster
@sred7997
From a personal perspective pre Level 4 option I purchased postage through Shippo. When I checked Selling Fees the shipping portions were not included as part of the total. Now that I process using eBay Labels it is factored in as part of the seller fees. I am taking into consideration that buyer pays shipping and is part of that total. (Calculated shipping 9 times out of 10)
Ebay Labels
-Lotz