FORCED TO USE MANAGED PAYMENTS

 i just signed up  for  the  managed payements   on ebay   , i did it under  threat of  no longer being able  to list .

those  of  you sellers using it , how  is  it ? 

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Answers (2)

The experience will vary a bit depending on where you list and where your buyers are.

 

No problems until one of my listings on .com sold and my money was put on hold until I provided something to prove I was non-American (driver's license was what I used). Once that was accepted, the hold was removed.

 

I list primarily on .CA with a few listings on .COM

Receive payment in Canadian funds.

Selected weekly payments instead of daily. This gives me a bit of a float to cover any refunds, any ebay labels (which I currently don't use) and reduce the accounting paperwork.

Payments on Tuesday are in my bank account by Wednesday.

Have a no-fee bank account that is primarily for eBay use (dusted off an old Tangerine chequing account I had).

 

Aside from the .com hiccup things have run smoothly for me.

 

Payment information is not easy to reach from the order page.

Shortcut: https://www.ebay.ca/sh/fin/transactions

Click on Transaction Details to see the info for each sale or payout (to your bank).

 

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