Select eBay Accounts: Receive $15 coupon for future purchase when you update your account by 12/1/20. Targeted and non-transferable. Check your eBay messages.
It's now simpler to get paid on eBay
Getting paid has changed: Fees and expenses will be deducted before you get paid out and the remainder of your earnings will go directly to your bank account, not your PayPal account.
Who's eligible for the Offer?
Only invited eBay users who have completed the entire managed payments sign-up flow are eligible. Sorry, no forwarding—Offer is not transferable.
How to earn and redeem your Coupon:
1. Complete the entire sign-up flow for managed payments by 11:59PM PT on December 1st, 2020 to receive the coupon.
2. Receive your $15 off coupon by email and on eBay.com in My eBay: Messages by December 11th, 2020.
3. See below for coupon terms & conditions.
Terms & Conditions:
Offer valid on Eligible Purchases of $15 or more made on or before 12/24/2020. Valid only for purchases from eBay.com. Item(s) must be delivered to a U.S. address and not returned to remain eligible. Users who remain eligible will receive a $15 off coupon in My eBay: Messages and by email to their registered address by 12/11/2020. Limit one coupon per user.
Eligible Purchases exclude purchases made with a coupon, as well as purchases of warranties and protection plans, and items from the Coins & Paper Money, Gift Cards & Coupons, Vehicles from eBay Motors, and Real Estate categories. Only invited eBay members registered to use managed payments with an address located in the United States are eligible for the Coupon.
Coupon is subject to U.S laws, void where prohibited, not redeemable for cash, has no face value, and cannot be combined with any other Coupon, or when paying with PayPal Credit Easy Payments or Gift Cards. Any unused difference between discount amount, as shown on the Coupon, and the purchase price of item(s) in a single transaction (or cart) will be forfeited. eBay may cancel, amend, or revoke the Coupon at any time.
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219 Comments
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For actual sellers, it may be good because it'll help to mitigate some of the double fees with accepting PayPal. For guys like me who used to use eBay to sell some odds and ends, they can kiss my %#*. What the *%#! do I look like giving my SSN to eBay? Just so they can send me a 1099? Then I've got to show a COGS against my gross eBay income? Hard pass, $15 to sell my SSN, managed payments is never gonna happen for me. I've already moved to other platforms.
Is receiving payment through eBay any cheaper than paypal? They prob decided to keep those profit margins for themselves, heck now that they have a monopoly, they'll prob raise payment fees in a few years!
Not everyone sells things for a loss, especially if they get more than 20K in payments per year but even if you do, you still have to report to the IRS your payments and deductions.
As a seller I can confirm they pocketed the 2.9% PayPal normally took. They take all the fees upfront and take 2-3 days longer than PayPal took to payout. It's honestly a downgrade for me as a seller, not to mention pisses me off I'm required to give them banking info. Literally zero benefit to the customer and a ton of benefit to eBay.
Quite the shitty company these days TBH.
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Managed payments suck; they take 2-3 days to process, subtract basically the same fees as paypal, and then take out your final value fee immediately.
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^^ That made me seal most of my expensive electronic items with serial holograms when selling them on eBay these days.