Ebay Managed Payments is just another additional power grab by Ebay to eventually take total control over seller accounts and to make a lot more money.
Originally, they said it would make it so much easier for sellers and it would also be less expensive. They've cut out PayPal where a seller would have immediate access to their money. So now, since sellers don't have immediate access to their money as they use to and have to sometimes wait many days in order to access their money, it's not easier. By holding onto seller's funds for days on end, ebay is making millions more on that interest. In addition, as Sue states, since they now charge fees to sellers on Sales Tax paid by buyers, it's more expensive and sellers are making less. I've actually found that I'm being charged more, even if they didn't charge a fee on the Sales Tax. At this point, I wouldn't be surprised if they cut out USPS, FedEx and UPS and start their own mailing system where sellers are forced to ship through ebay. Todd ________________________________ From: MoPo List <[email protected]> on behalf of Alan Adler <[email protected]> Sent: Thursday, December 3, 2020 3:14 AM To: [email protected] <[email protected]> Subject: [MOPO] Ebay Managed Payments? Hi All - What do you folks think about the new Ebay Managed Payments plan? Alan Visit the MoPo Mailing List Web Site at www.filmfan.com<http://www.filmfan.com> ___________________________________________________________________ How to UNSUBSCRIBE from the MoPo Mailing List Send a message addressed to: [email protected] In the BODY of your message type: SIGNOFF MOPO-L The author of this message is solely responsible for its content. Visit the MoPo Mailing List Web Site at www.filmfan.com ___________________________________________________________________ How to UNSUBSCRIBE from the MoPo Mailing List Send a message addressed to: [email protected] In the BODY of your message type: SIGNOFF MOPO-L The author of this message is solely responsible for its content.
