PROTEST!!!!!!!!! Kill paypal

[luckylegend]

Ok my previous post was very popular and because my sale was 450+ 60 shipping i paid about 20$ to paypal

How can i bypass paypal??? Do i have to open a buisiness with my bank? Then pay them monthly and declare my revenu for tax purposes?
What if i sell my geandmas old panties ?
Somebody who managed to remove paypal to not pay fees,?

Thx

[recped · Accepted solution]

The only way to avoid payment processing fees would be to operate a CASH business.

You can't do that on eBay or realistically for any type of online business. In fact even in a person to person retail business most consumers want to pay with plastic so there really is no way to avoid these fees.

FYI - The way you collect payments from buyers does not in any way change your obligations to report income and pay taxes if applicable.

[luckylegend]

So i am obliged to use paypal? Can a person use whatever they want to pay and can i receive it direct in my bank?

[snoopwiz]

With or without Gram's permission?

[silverpinups]

How can i bypass paypal???

Don't worry... eBay Managed Payments is coming for you soon, circa 2020-2021. 

[luckylegend]

I heard about it but didn’t bother to check. Can’t be that paypal will step down? With the profit they are making?

[luckylegend]

Also it’s in like 2-3 years, can anything be done before??

[mrdutch1001]

eBay's site, eBay's rules, eBay's policies, eBay terms of use...

as a seller here that's what you agree to....

[femmefan1946]

You could have a chat with the commercial accounts officer at your bank and open a merchant credit card account.

You should be aware though that PP fees and credit card fees are pretty much the same, and that in our experience, even our B&M customers who paid by card in our shop, would use PP when buying from us online.

And there are other payment processors accepted by eBay, although to only one I can ever remember is PaisaPal, which is only available in India. Other posters may know more.

EBay is introducing their own Managed Payments system, run by the Netherlands company Ayden, but while some fees seem cheaper, others are much higher. The most reported one is that PP charges a non-refundable 30 c on each transaction, no matter how many items are in the transaction, while MP charges 29c on each sale, even if the customer makes only one payment.

because my sale was 450+ 60 shipping i paid about 20$ to paypal

Ignoring currency exchange, PP was charging you around the 3.7% fee on the $510. 

The international sales fees are higher (although we do pay less than our US competitors) and PP does not publicize them well.

Or at all , really.

You also paid $51 to eBay for providing you with a venue where you could meet that customer.

[luckylegend]

I thought in some cases people can receive payment in their bank accounts from what I understand

[luckylegend]

That’s what i wanted to know. I thought the credit card would end up taking less %
You say it ends up almost the same
That is the type of info I needed

[femmefan1946]

You would also need a commercial bank account.

The fees on those are different and usually higher than on personal accounts.

They are also usually harder to get in the first place.

The bank will probably want your GST/PST registration number or something equivalent to prove you are a "real" business. This is the closest thing to a "business license" that so many seem to think is a real thing.

And again, most online buyers do not like giving their credit card number to a stranger if they can help it.

Even "guest buyers" have their direct card payments processed by PP, because most seller cannot accept cards.

[luckylegend]

I thought it doesn’t matter how they pay. You get it the way you set up your account. So if you have a commercial account you can receive direct payments to your bank no matter the payment method the buyer choses. It’s like even if the buyer pays with his credit card we get in PP anyways

[silverpinups]

"Also it’s in like 2-3 years, can anything be done before??"

Be careful what you wish for..... here's alittle taste from the .COM Boards.

https://community.ebay.com/t5/Payments/Managed-Payments-My-experience-so-far-and-it-s-not-good/m-p/3...

[luckylegend]

I just heard about this managed payment thing now. I guess its failing because ebay has no idea what buyers / sellers want. I feel bad for the guys who signed for it and can’t get out!! Awful !

I was just exploring other ways for us to get paid but it seems like the only way is to create a buisiness account with the bank and then the bank takes %...

[hlmacdon]

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@luckylegend wrote:
I was just exploring other ways for us to get paid but it seems like the only way is to create a buisiness account with the bank and then the bank takes %...

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Profits on fees are  a key part of marketplace owner business models. They aren't going away. In an ecommerce environment very few customers want to be paying by something that isn't backed by the protection of a credit card or payment processor.

[luckylegend]

Doesn’t matter how they pay. What I care about is how i get it

If they pay by credit u still get it in PP, so payment method of the buyer=|= money receipt method

[pjcdn2005]

You could have a chat with the commercial accounts officer at your bank and open a merchant credit card account.

eBay no longer supports sellers having a separate merchant account.

[reallynicestamps]

So if you have a commercial account you can receive direct payments to your bank no matter the payment method the buyer choses.

No.

The commercial account is what you need to get a merchant credit /debit card account.

The money you receive through that account goes to the merchant account and you can transfer it to your commercial bank account.

The buyer still chooses how he will pay.

We had both credit cards and Paypal on our online sites, including eBay, but the vast majority of buyers used PP even when they knew us and our business personally and paid by card in our shop.

Customers like the anonymizing.

EBay guest buyers are using their cards, but they are assured that the money goes through PP as an anonymizer, although they probably don't have a PP account.

[luckylegend]

I sm not sure I get why I can’t just direct all payments to my account without it passing through paypal.