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Select eBay Accounts: Receive $15 coupon for future purchase when you update your account to managed payments by 12/1/20

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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.



http://eBay.com
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Last Edited by arct November 21, 2020 at 05:10 PM
This post can be edited by most users to provide up-to-date information about developments of this thread based on user responses, and user findings. Feel free to add, change or remove information shown here as it becomes available. This includes new coupons, rebates, ideas, thread summary, and similar items.

Quote from arct :
Guys (and Gals), you don't have to put in your SSID NOR your Birthday. I put a date in there, then deleted it, then clicked next so i have nothing put for SSID or birthday. Then I input my bank info, and thats it. Done.
Quote from milnerpt :
Same. No SS was needed. It allowed me to skip
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11-21-2020 at 01:57 AM
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Joined Jun 2013
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#47
OP works for eBay? Seems like a trick to get us to sign up early, been putting this off and will probably just sign up on the 12/27. That damn reminder message in the blue box is freaking annoying
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#48
I just moved under Managed Payments and hate it as a seller.

Now eBay immediately takes 10% for the sale and another 2.5% for processing fees. So 12.5% total. This is actually a little less than eBay and PayPal combined.

Until you realize that eBay is also charging the seller 12.5% from the sales tax that the person buying the item paid for "processing the tax" as well. Which I'm pretty sure is illegal since I highly doubt eBay is paying a 12.5% processing fee themselves. They're making a small profit off the seller when the buyer pays sales tax. How can they charge me a fee to process money I never received and make a profit doing that?

So if I sell something for $1,000 eBay collects $125 for the sale from the seller at $12.5% immediately. If the buyer also pays 9.5% sales tax ($95) then as the seller you pay an additional 12.5% fee on the buyer's sales tax, which never actually touched your account ($11.88) for $136.88 total in seller fees to eBay. So it's more like 13.7% disguised at 12.5%. Super misleading.

On top of this you don't get access to your money immediately. If I get paid from a buyer on Friday. It doesn't even start to transfer to my bank account until Tuesday since it's "processing". Then it finally hits my bank Thursday or Friday because the bank now needs to process it. That's 6-7 days from the buyer sending me the money until I have access to it.

Meanwhile I still have to ship the item to the buyer as soon as the payment comes in. Since it's not the buyer holding up the payment. I usually ship next day after getting paid. eBay claims the payment is guaranteed once they accept it so it's safe to ship. But I don't trust them at all.

Overall I'm pissed that I can't stay with PayPal. Which is a sentence I never thought I'd type lol. Good luck all!
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Last edited by Chewie9 November 21, 2020 at 02:11 AM.
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#49
Quote from acc23 :
Right!! 15$ ?! Are they gonna lower their final values fee ? Sucks there's no competition to eBay .. offer up I guess for high dollar items
There are plenty; here are some eBay alternatives:
Fashion: Poshmark.com [Poshmark.com]
Cellphones: Swappa.com [Swappa.com]
Store Alternatives: eBid.net [eBid.net]
General Items: Bonanza.com , eCrater.com [ecrater.com] , Mercari.com [Mercari.com]

Perfect time to mirror-list your items in those sites with lower prices than your usual eBay listing.
eBay need healthy competitors. >(
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Last edited by VreebieZ November 21, 2020 at 02:31 AM.
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Joined Nov 2007
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#50
Is eBay subject to the same rules as banks then? I really don't like the idea of them having direct access to my banking info. All they need is one data "accident" and millions of people's accounts and credit get thrown into chaos. The idea of them sitting on payments for the float sucks too.

Cali is regulation-happy, maybe someone out there can do a little "well if you're going to act like a bank you need to do this" or maybe it's a federal thing. Not my area.

Would make for a good article by some CPA-type.
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Joined Nov 2012
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#51
FYI -I have a basic selling plan (10+ years experience), no business EIN number or anything professional - I did not get the coupon linky.

I don't have a business number, because I want to be able to collect unemployment from my primary job when times get rough.
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Joined May 2006
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#52
Quote from skuse :
Is this for their managed payments or whatever it's called? If so, they promised me $50 to switch back in June. Still no payment. Call them every month like clockwork... they apologize and say they will get it taken care of right away... guess what? On track to call them next month.
Your check is in the mail. 😁
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#53
Quote from nyknicks8 :
I gave my "business" EIN number. I'll see if they approve. I only sell my used stuff and not actually a business. But I do not want to give out my social. Even PayPal doesn't have my social

I was required to give my EIN and social. How did you get around that? I couldn't submit without giving my social. Ebay forced me into managed payments or I could no longer list. Such pleasant people.
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#54
Managed payment stinks. Takes 3 days to get money and Friday to Sunday sales don't even get sent to bank until Tuesday, and by meaning sent it takes another three days os usually by Thursday or Friday you get money from last 3 day weekend sales. I had not received claim from customer, took 5 weeks to settle, and money wqs deducted as soon as customer filed a case. With Paypal, they would settle it and not hold my money cause I was preferred customer. They'd simply let me know how many cases were opened and they took care of it without my involvement and not hold up my money
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#55
I believe Amazon has been doing this for years, for those that sell on Amazon. This is the new unfortunate norm. I would recommend setting up an alternative checking account for such a situation. I did this a number of years ago because my employer went to a system called concur for paying expense reports. I didn't totally trust that, and I can see how it could be handy for this too.
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#56
As long as you dont mind adding your social security number to your seller account
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#57
Guys (and Gals), you don't have to put in your SSID NOR your Birthday. I put a date in there, then deleted it, then clicked next so i have nothing put for SSID or birthday. Then I input my bank info, and thats it. Done.
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Last edited by arct November 21, 2020 at 05:10 PM.
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#58
Quote from arct :
Guys, you don't have to put in your SSID NOR your Birthday. I put a date in there, then deleted it, then clicked next so i have nothing put for SSID or birthday. Then I input my bank info, and thats it. Done.
Same. No SS was needed. It allowed me to skip
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Joined Sep 2008
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#59
Quote from bryanus :
Paypal and others like Square don't send 1099s unless you gross more than $20K/yr and more than a few hundred transactions (I don't recall the exact number). I've been selling on ebay since 1997 and have never been sent one and have sold upwards of $10K/yr sometimes.

Edit: here's the link

https://www.paypal.com/us/smarthe...ent-faq729

PayPal will track the payment volume of your account(s) to check whether your payment volume exceeds both of these levels in a calendar year:

$20,000 USD in gross payment volume from sales of goods or services in a single calendar year
200 payments for goods or services in the same year*
Thanks. I just dunno why this year they needed one of these things; social security card, pay stub, third party tax return, or W-2.

I reluctantly sent them my W-2 because that's all I had on me, but I felt violated.
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#60
Quote from acc23 :
Right!! 15$ ?! Are they gonna lower their final values fee ? Sucks there's no competition to eBay .. offer up I guess for high dollar items
No they upped the fee i assume to compensate for no paypal fees now
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