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Ebay Managed Payments

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    jmlanzafjmlanzaf Posts: 41,359 ✭✭✭✭✭
    edited July 7, 2021 8:18AM

    @ErrorsOnCoins said:
    What the "F" is an in international charge? My client is in New York.

    So My eBay fee for this transaction is 8.5% PLUS 1.65% which equals 10.15 % fee from eBay managed payments.

    I will say it again, eBay Managed Payments sucks big time.

    Paypal has the same charge, little buddy.

    https://wise.com/us/paypal-fee-calculator/

    All comments reflect the opinion of the author, even when irrefutably accurate.

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    jmlanzafjmlanzaf Posts: 41,359 ✭✭✭✭✭
    edited July 7, 2021 8:23AM

    @ErrorsOnCoins said:
    What the "F" is an in international charge? My client is in New York.

    So My eBay fee for this transaction is 8.5% PLUS 1.65% which equals 10.15 % fee from eBay managed payments.

    I will say it again, eBay Managed Payments sucks big time.

    https://www.paypal.com/en/webapps/mpp/paypal-fees

    PayPal international fees are higher. Paypal sucks bigger, apparently.

    https://www.paypal.com/us/smarthelp/article/what-are-the-cross-border-fees-when-selling-international-faq2927

    All comments reflect the opinion of the author, even when irrefutably accurate.

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    ctf_error_coinsctf_error_coins Posts: 15,433 ✭✭✭✭✭

    I love PayPal and will gladly pay them their fees.

    eBay Managed Payments is a hostage situation, effing sucks big time :(

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    tommy44tommy44 Posts: 2,341 ✭✭✭✭✭

    @ErrorsOnCoins said:
    What the "F" is an in international charge? My client is in New York.

    So My eBay fee for this transaction is 8.5% PLUS 1.65% which equals 10.15 % fee from eBay managed payments.

    I will say it again, eBay Managed Payments sucks big time.

    The client may live in NY but his account may have been established in a foreign country. Or, the client may actually live in the foreign country and a a mail drop box in NY. Happened to me several times. The international charge was added to the PayPal fee before managed payments and 10.15% is still better than13+% under the old system.

    it's crackers to slip a rozzer the dropsy in snide

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    jmlanzafjmlanzaf Posts: 41,359 ✭✭✭✭✭

    @ErrorsOnCoins said:
    I love PayPal and will gladly pay them their fees.

    eBay Managed Payments is a hostage situation, effing sucks big time :(

    Paypal was also a hostage situation, or do you forget?

    All comments reflect the opinion of the author, even when irrefutably accurate.

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    ctf_error_coinsctf_error_coins Posts: 15,433 ✭✭✭✭✭
    edited July 7, 2021 9:16AM

    @jmlanzaf said:

    @ErrorsOnCoins said:
    I love PayPal and will gladly pay them their fees.

    eBay Managed Payments is a hostage situation, effing sucks big time :(

    Paypal was also a hostage situation, or do you forget?

    PayPal always treated me right.

    Paypal covered me for thousands of dollars of fraudulent charges from criminal Ebay buyers.

    I will always be loyal to PayPal and gladly pay them their just fees.

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    jmlanzafjmlanzaf Posts: 41,359 ✭✭✭✭✭

    @ErrorsOnCoins said:

    @jmlanzaf said:

    @ErrorsOnCoins said:
    I love PayPal and will gladly pay them their fees.

    eBay Managed Payments is a hostage situation, effing sucks big time :(

    Paypal was also a hostage situation, or do you forget?

    PayPal always treated me right.

    Paypal covered me for thousands of dollars of fraudulent charges from criminal Ebay buyers.

    I will always be loyal to PayPal and gladly pay them their just fees.

    Ebay has covered me.

    All comments reflect the opinion of the author, even when irrefutably accurate.

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    ctf_error_coinsctf_error_coins Posts: 15,433 ✭✭✭✭✭

    PayPal wants my business to grow.

    eBay wants to damage the growth of my business.

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    ctf_error_coinsctf_error_coins Posts: 15,433 ✭✭✭✭✭

    @jmlanzaf said:

    @ErrorsOnCoins said:

    @jmlanzaf said:

    @ErrorsOnCoins said:
    I love PayPal and will gladly pay them their fees.

    eBay Managed Payments is a hostage situation, effing sucks big time :(

    Paypal was also a hostage situation, or do you forget?

    PayPal always treated me right.

    Paypal covered me for thousands of dollars of fraudulent charges from criminal Ebay buyers.

    I will always be loyal to PayPal and gladly pay them their just fees.

    Ebay has covered me.

    Ya, probably after 12 phone calls and 2 and a half hours on hold. How much is your time worth? eBay Customer Service is by far the worst customer service on earth, probably the galaxy, and most likely the universe :(

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    jmlanzafjmlanzaf Posts: 41,359 ✭✭✭✭✭

    @ErrorsOnCoins said:

    @jmlanzaf said:

    @ErrorsOnCoins said:

    @jmlanzaf said:

    @ErrorsOnCoins said:
    I love PayPal and will gladly pay them their fees.

    eBay Managed Payments is a hostage situation, effing sucks big time :(

    Paypal was also a hostage situation, or do you forget?

    PayPal always treated me right.

    Paypal covered me for thousands of dollars of fraudulent charges from criminal Ebay buyers.

    I will always be loyal to PayPal and gladly pay them their just fees.

    Ebay has covered me.

    Ya, probably after 12 phone calls and 2 and a half hours on hold. How much is your time worth? eBay Customer Service is by far the worst customer service on earth, probably the galaxy, and most likely the universe :(

    Is this @Coinstartled ?

    All comments reflect the opinion of the author, even when irrefutably accurate.

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    ifthevamzarockinifthevamzarockin Posts: 8,916 ✭✭✭✭✭

    @ErrorsOnCoins "eBay wants to damage the growth of my business."

    Ebay doesn't want to hurt the growth of your business.
    They don't care about your business in any way.
    It comes from exceedingly poor customer service for both buyers & sellers.
    Ebay sucks!

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    ctf_error_coinsctf_error_coins Posts: 15,433 ✭✭✭✭✭

    @jmlanzaf said:

    @ErrorsOnCoins said:

    @jmlanzaf said:

    @ErrorsOnCoins said:

    @jmlanzaf said:

    @ErrorsOnCoins said:
    I love PayPal and will gladly pay them their fees.

    eBay Managed Payments is a hostage situation, effing sucks big time :(

    Paypal was also a hostage situation, or do you forget?

    PayPal always treated me right.

    Paypal covered me for thousands of dollars of fraudulent charges from criminal Ebay buyers.

    I will always be loyal to PayPal and gladly pay them their just fees.

    Ebay has covered me.

    Ya, probably after 12 phone calls and 2 and a half hours on hold. How much is your time worth? eBay Customer Service is by far the worst customer service on earth, probably the galaxy, and most likely the universe :(

    Is this @Coinstartled ?

    Coinstartled made idiotic augments and lame comparisons.

    I speak of real issues, mostly the deliberate harm to my business by hurting my growth with changed policies.

    Plus the way MP was rolled out was absolutely disgusting, full on hostage situation.

    I believe you are suffering from Stockholm Syndrome :(

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    ifthevamzarockinifthevamzarockin Posts: 8,916 ✭✭✭✭✭

    @ErrorsOnCoins
    "eBay Customer Service is by far the worst customer service on earth, probably the galaxy, and most likely the universe" :(

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    TwoSides2aCoinTwoSides2aCoin Posts: 45,026 ✭✭✭✭✭

    The less I care the easier it gets.

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    jmlanzafjmlanzaf Posts: 41,359 ✭✭✭✭✭

    @ErrorsOnCoins said:

    @jmlanzaf said:

    @ErrorsOnCoins said:

    @jmlanzaf said:

    @ErrorsOnCoins said:

    @jmlanzaf said:

    @ErrorsOnCoins said:
    I love PayPal and will gladly pay them their fees.

    eBay Managed Payments is a hostage situation, effing sucks big time :(

    Paypal was also a hostage situation, or do you forget?

    PayPal always treated me right.

    Paypal covered me for thousands of dollars of fraudulent charges from criminal Ebay buyers.

    I will always be loyal to PayPal and gladly pay them their just fees.

    Ebay has covered me.

    Ya, probably after 12 phone calls and 2 and a half hours on hold. How much is your time worth? eBay Customer Service is by far the worst customer service on earth, probably the galaxy, and most likely the universe :(

    Is this @Coinstartled ?

    Coinstartled made idiotic augments and lame comparisons.

    I speak of real issues, mostly the deliberate harm to my business by hurting my growth with changed policies.

    Plus the way MP was rolled out was absolutely disgusting, full on hostage situation.

    I believe you are suffering from Stockholm Syndrome :(

    You just complained about paying a LOWER currency conversion fee to ebay than you would have to PayPal. You must have Munchhausen syndrome.

    All comments reflect the opinion of the author, even when irrefutably accurate.

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    U1chicagoU1chicago Posts: 6,896 ✭✭✭✭✭

    @tommy44 said:

    @ErrorsOnCoins said:
    What the "F" is an in international charge? My client is in New York.

    So My eBay fee for this transaction is 8.5% PLUS 1.65% which equals 10.15 % fee from eBay managed payments.

    I will say it again, eBay Managed Payments sucks big time.

    The client may live in NY but his account may have been established in a foreign country. Or, the client may actually live in the foreign country and a a mail drop box in NY. Happened to me several times. The international charge was added to the PayPal fee before managed payments and 10.15% is still better than13+% under the old system.

    This is almost certainly the explanation. I’ve had the same case where the buyer was in China but had a US address (so the payment was made with a foreign credit card or PayPal account).

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    CoinJunkieCoinJunkie Posts: 8,772 ✭✭✭✭✭

    I view it slightly differently: eBay and PayPal BOTH suck!

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    derrybderryb Posts: 38,556 ✭✭✭✭✭

    @jmlanzaf said:

    I don't miss PayPal at all.

    I definitely miss my PP details pages identifying the ebay item I purchased when I pay with paypal.

    "A car is a tool that takes you from one place to another. Everything beyond that is a payment for other people's perception of you."

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    derrybderryb Posts: 38,556 ✭✭✭✭✭

    @GRANDAM said:
    One thing I don't like about Managed Payments is that even if you have money in your account you can't use it to pay for anything that you might buy on eBay. It only lets you pay for USPS shipping from your balance.

    Why would you not continue to pay for ebay pruchases with PP where you can pay with a rebate earning credit card?

    "A car is a tool that takes you from one place to another. Everything beyond that is a payment for other people's perception of you."

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    DEFPOTECDEFPOTEC Posts: 100 ✭✭✭

    Just had a 15.3 percent fee on a small sale (three items totaling $115) to a buyer in California. Ridiculous.

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    jmlanzafjmlanzaf Posts: 41,359 ✭✭✭✭✭

    @DEFPOTEC said:
    Just had a 15.3 percent fee on a small sale (three items totaling $115) to a buyer in California. Ridiculous.

    Is that including the fee on the sales tax?

    The domestic rate is 12.35% but that applies to the total payment which would include sales tax and shipping. Call the governor of California and complain.

    There is no 15.3% rate, although there used to be (still is?) A 2% surcharge if you are below standard.

    The only good news is you would have been about 0.7% higher with Paypal

    All comments reflect the opinion of the author, even when irrefutably accurate.

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    MasonGMasonG Posts: 7,098 ✭✭✭✭✭

    @jmlanzaf said:
    There is no 15.3% rate, although there used to be (still is?) A 2% surcharge if you are below standard.

    Which would be a perfect example of a penalty (just for you, freddy). :)

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    jmlanzafjmlanzaf Posts: 41,359 ✭✭✭✭✭

    @MasonG said:

    @jmlanzaf said:
    There is no 15.3% rate, although there used to be (still is?) A 2% surcharge if you are below standard.

    Which would be a perfect example of a penalty (just for you, freddy). :)

    Lol. I didn't see it when I was looking yesterday, but there is no 15.3% rate

    All comments reflect the opinion of the author, even when irrefutably accurate.

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    AUandAGAUandAG Posts: 25,035 ✭✭✭✭✭

    I've been with eBAY a damn long time, maybe not from the very beginning, but awfully close. In the beginning their customer service was excellent. Easy to get a hold of and easy to resolve any issues (we even had a coin rep in Judith from Utah). They knew that the customer is their only bread and butter. I'm not saying I'm done with them but it's very close to the end for me and them as business associates.
    Paypal, in my experience, still understands where their income comes from.

    bob :)

    Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com
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    1peter12231peter1223 Posts: 140 ✭✭✭

    @AUandAG said:
    I've been with eBAY a damn long time, maybe not from the very beginning, but awfully close. In the beginning their customer service was excellent. Easy to get a hold of and easy to resolve any issues (we even had a coin rep in Judith from Utah). They knew that the customer is their only bread and butter. I'm not saying I'm done with them but it's very close to the end for me and them as business associates.
    Paypal, in my experience, still understands where their income comes from.

    bob :)

    Many sellers feel the same way as you .

    It started with ...

    1. Not allowing sellers the ability to leave justifiably negative ( or even neutral ) feedback to buyers . This has allowed ( even encouraged ) abuse and blackmail from dishonest , unscrupulous buyers in some cases.
    2. Higher fees .
    3. Banning direct payment such as checks , or money orders .
    4. Siding with buyers and allowing abusive returns , especially with the feared SNAD case . Even when sellers clearly state NO RETURNS in listings .
    5. Discontinuing Ebay bucks except for occasional promotions .
    6. Discontinuing PayPal payments which allowed many sellers to pay their Ebay fees with credit card and earned points ( $$).
      Requiring Managed payments which can take longer to access your $ and less options on what you can do with those funds .

    Add on to this something that was not in their control like the wayfair court decision and you can see why buyers as well as sellers are less happy than before with Ebay .

    Non coin "collectibles" has seen a flood of sellers close stores and/or remove the listings . It has been slow sales on ebay for most . Some blame can be Pandemic economy we are in but some people have also just given up on ebay .

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    logger7logger7 Posts: 9,657 ✭✭✭✭✭

    Ebay has tried to accommodate sellers, you can contact them if the buyers are abusive. They have the concierge desk now if you are a bigger seller for help, I have seen a lot of justifiable problem feedback deleted for the big boys.

    I was skeptical about managed payments but can live with the new system. One downside is waiting longer for payment.

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    jt88jt88 Posts: 3,513 ✭✭✭✭✭
    edited August 9, 2021 4:39PM

    @ErrorsOnCoins said:
    What the "F" is an in international charge? My client is in New York.

    So My eBay fee for this transaction is 8.5% PLUS 1.65% which equals 10.15 % fee from eBay managed payments.

    I will say it again, eBay Managed Payments sucks big time.

    Maybe he resisted in international. I have a buyer is in US but he might registered in China. That's why I got hit by that 1.65% international fee. This is what eBay said:

    nternational Fee
    1.65%
    -$4.69
    Charged because the buyer’s registered address is in China. Final amount: $284.08.

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    Cougar1978Cougar1978 Posts: 9,771 ✭✭✭✭✭

    Like managed pmts makes biz acctg easier. Just do good selling cost analysis so can markup accordingly.

    Investor
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    MasonGMasonG Posts: 7,098 ✭✭✭✭✭

    @1peter1223 said:
    Requiring Managed payments which can take longer to access your $...

    You can have eBay send your payouts daily. Seems pretty quick to me.

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    1peter12231peter1223 Posts: 140 ✭✭✭

    @logger7 said:
    Ebay has tried to accommodate sellers, you can contact them if the buyers are abusive. They have the concierge desk now if you are a bigger seller for help, I have seen a lot of justifiable problem feedback deleted for the big boys.

    I was skeptical about managed payments but can live with the new system. One downside is waiting longer for payment.

    My managed payment settings is set for next day payment availability , but they take 3 business days for funds to be in my bank ?

    I sold ( and got paid ) an item Early Morning last Monday ( 8/2/21 ) . I shipped it at about 11:30 am or so that same day ( 8/2/21) and posted tracking # on to Ebay . Funds showed up in my bank account Thursday ( 8/5/21 ) morning . 3 business days later .

    With PayPal sales on regular business days i would sometimes have funds in my bank the same day . If i got paid and transferred $ very early am i would have $ in my bank late night same day .

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    jmlanzafjmlanzaf Posts: 41,359 ✭✭✭✭✭

    @1peter1223 said:

    @logger7 said:
    Ebay has tried to accommodate sellers, you can contact them if the buyers are abusive. They have the concierge desk now if you are a bigger seller for help, I have seen a lot of justifiable problem feedback deleted for the big boys.

    I was skeptical about managed payments but can live with the new system. One downside is waiting longer for payment.

    My managed payment settings is set for next day payment availability , but they take 3 business days for funds to be in my bank ?

    I sold ( and got paid ) an item Early Morning last Monday ( 8/2/21 ) . I shipped it at about 11:30 am or so that same day ( 8/2/21) and posted tracking # on to Ebay . Funds showed up in my bank account Thursday ( 8/5/21 ) morning . 3 business days later .

    With PayPal sales on regular business days i would sometimes have funds in my bank the same day . If i got paid and transferred $ very early am i would have $ in my bank late night same day .

    Except for weekends, all my payments have cleared in 24 hours. Might be the manner of payment.

    All comments reflect the opinion of the author, even when irrefutably accurate.

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    CoinJunkieCoinJunkie Posts: 8,772 ✭✭✭✭✭

    So, now that eBay has my bank account info, I've been notified that they'll be withdrawing my monthly fees directly from there instead of billing me through PayPal (credit card), as they have for the last many years.

    BOOOOOOOOOOOO!

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    jt88jt88 Posts: 3,513 ✭✭✭✭✭
    edited August 12, 2021 10:08PM

    A buyer today bought a coin then later asked to cancel it. I did cancel it. With managed payment I only lost 0.30 instead of 30 with PayPal on this cancellation.

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