switching to managed payment time line..

[esclyons]

i am asked to have all my details in by the end of the month.. how long did most of you wait, until they switched you over,, was it right away or a month later,, i am the middle of the month billing, so i would assume it would be close to there??

[blackranda2]

Me too!

[blackranda2]

Etsy uses the same payment provider as eBay's new managed payment.

[blackranda2]

I agree with everything you said including if you make the choice to stay you really shouldn't complain. I made the choice to stay with eBay may times over the past few years when I wasn't happy with the changes they kept making. I did question things and vent on the boards often but still stayed. I know this time nothing is going to change because as you said they have not given us any other choice.  I have now had enough. I am too old and cranky to start all over again just to make a few dollars. So I choose to stay until they remove all my listings which I know they will do eventually. So the reality is I am choosing to go. The difference of being forced to do so means I will not come back even if they do change this in the future which is doubtful. The bottom line is they do not need me and I don not need them.

[mrdutch1001]

I ended my listings mid-April when I got the first deadline of April 29th...keep getting messages from eBay with extended deadline dates(I guess I could have listed for a couple more months as most recent message & deadline is June 15th.) However, I haven't had to contend with the mystery of IF items sold would the payment still go to PayPal or would the monies be kept in limbo until I provided the banking info....

ALL 1500 or so of my items are now listed on my other selling venue where I had set up shop nearly 3 years ago, so I just have to keep my attention focused there and do what is necessary to bring in the sales. It was MY choice to not accept the MP system for MY reasons and that is that.

Sellers have to decide what is best for their online selling going forward.

My decision was that I don't need eBay for selling...there are other choices...

and there really is more to online selling than eBay. There IS life after/beyond eBay!

[lotzofuniquegoodies]

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@jt-libra wrote:

That's the same letter I received but I haven't done anything with it yet.  This is tough pill to swallow.  If this new system was designed to make life easier for its sellers, then maybe I would be receptive. But when has eBay ever cared about sellers' issues?

I'm a small seller and between my two accounts only earn $200 to $300 a month; small sellers like me carry no sway with a company like eBay. And then there are the large sellers we see who have 20,000+ feedback and I'm pretty sure that for those sellers, eBay is only one of their markets and the more and more displeased they get, they leave. That leaves a lot of sellers who are not happy but begrudgingly go along. The resentment is high in both Canada and the U.S. and I'm sure many other countries. I know I've never heard a group of influential sellers say ... Enough! "We're mad as hell and we're not going to take it anymore". No one stands up to eBay and they run roughshod over us. They don't even try to hide their greed. In re-reading the materials sent to me, I was really struck by this:

Fees then
2.9% Third-party payments fee -  10% Final value fee
Automatically deducted from the sale Invoiced monthly

Fees now
12.35% Final value fee
One bundled fee automatically deducted from the sale

So what are we saving precisely? .55%?  Plus the loss of PayPal which most of us really like. And what is eBay gaining? PayPal’s share plus, no doubt, many fees we will not see until we view our statements.

In business and in relationships, I've always lived by the credo .... no one can do anything to me that I don't let them do.  We reason, we fight back and in the end may have to walk away. We have had no opportunity to reason or fight back so I can walk away or stay. If I stay, then I can no longer complain about what they do to me. You'll have to pardon me ... I've had a couple of sleepless nights and all of the eBay stuff is weighing heavily on me. I'm not a happy camper, which is evident ... Lol! 

---

As of late I've been seeing 11.50 % rate for FVF's for "most" of my sales. Anywhere from 0.4 % to 1.0 % for the international fee and then any discount for TSR's when/if applicable creatively removed. Along with the .30 cent transaction fee. The specifics details per transaction are getting slowly more comprehesible but still in many ways a bit of a hodge podge of numbers. Appears that Payouts/Transaction page is still a work in progress.

Even got an eBay credit FVF's the other day for .12 cents for a sale from a week ago. Some kind of billing error?!?!  Early retirement  and Barbados here I come!!!

-Lotz

[reallynicestamps]

@jt-libra

If this new system was designed to make life easier for its sellers, then maybe I would be receptive.

It wasn't.

EBay has been paying PP for their services since they were forced to sell off one of their most lucrative profit centres.

Managed Payments is an attempt to get that profit centre back.

So what are we saving precisely? .55%?

Well. Yes.

The other fees seem to be pretty much the same.

But again, MP was not designed to help Sellers. The occasional benefit was not planned.

There is one bonus, but not one of much use to most sellers.

PP has started keeping their WHOLE fee (not just the 30c flat fee) when a seller makes a refund.

MP only keeps the 30c flat fee.

But that only comes into play in the occasional Dispute, and lost Disputes at that.

I'm really not clear what the 3% international transaction fee is all about, nor do I really know how much MP charges us for US transactions. I have been told, and I believe, these are identical to PP, but they make my brain hurt.