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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.



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Community Wiki

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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Joined May 2008
L4: Apprentice
> bubble2 362 Posts
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skuse
11-21-2020 at 08:56 AM.
11-21-2020 at 08:56 AM.
Quote from BayH :
Was not a payment but an invoice credit. I found it when I looked in the right place account activity>credits or something.
Yea.. didnt get that either... whenever they call they always admit it was never credited and get it taken care of right away! Sure.....
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Joined Nov 2016
L6: Expert
> bubble2 1,364 Posts
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empirefalls1
11-21-2020 at 08:58 AM.
11-21-2020 at 08:58 AM.
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.
Someday everyone will realize EBAY is not Ebay from 15-20 years ago. EBAY in our days is ....what ever words your experience says.
I rarely shop EBAY
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Joined Oct 2008
I love me FREE
> bubble2 1,979 Posts
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PyroFreak
11-21-2020 at 09:15 AM.
11-21-2020 at 09:15 AM.
Quote from techie333 :
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!

No, ebay take more of fee now. Listings are at 43.99, i only received about 37.69 of it. I offer free shipping. They better had taken their final cut fee, because if im hit with a final cut fee from $37.69 i am done with ebay!
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Joined Mar 2005
L7: Teacher
> bubble2 2,159 Posts
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squanderer
11-21-2020 at 09:29 AM.
11-21-2020 at 09:29 AM.
Quote from GoHalos :
The transaction fee to paypal was 2.9% + 30 cents so essentially the same.

Paypal was deducting that 2.9% before you got your money too and if someone cancelled the transaction u didn't get that back. I had plenty of transactions for a few hundred bucks that the buyer then said oh never mind. $300 * 2.9% + .30 meant I was out $9. Thanks paypal.


what i meant is to say that ebay- instead of letting someone else (a 3rd party - ex paypal) collect the payment processing fees, that the processing fee should go to ebay instead..

- which makes you wonder why ebay spinned off paypal ....guess they didn't foresee how successful paypal would become..

as for the fees, if i'm reading correctly, ebay deducts all fees (listing fees, commission fees, payment processing fees,etc) before you get your money.. before, it used to be that if you sold something (aside from the paypal fees), you pay ebay fees at the end of the billing cycle (and one was able to pay them off using a credit card, paypal, etc)... .. now, ebay collects all their fees every time you sell something/deduct it from your sale..then you get your money..
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Last edited by squanderer November 21, 2020 at 09:31 AM.
Joined Feb 2006
L7: Teacher
> bubble2 2,694 Posts
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ofacto
11-21-2020 at 09:36 AM.
11-21-2020 at 09:36 AM.
Quote from dawnerd :
Wow, I wish they gave me the option. They forced me into it back in July.
I was supposed to sign up by July also. I missed the deadline but I'm still able to list and accept Paypal as payment. Eventually I'll probably be forced to sign up, but I'm going to stretch it as long as possible.
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Joined May 2018
L4: Apprentice
> bubble2 453 Posts
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dawnerd
11-21-2020 at 09:47 AM.
11-21-2020 at 09:47 AM.
Wow so much just wrong information here from small sellers upset that you have to give them your ssn/ein for tax reasons. Like y'all realize PayPal requires that too for business accounts. And if you cross the threshold for them to report to irs and they don't have that info they will hold your money.

Also returns are no different than before. They've always forced returns if a buyer really wanted to so there's no point fighting it.

I haven't had a single issue so far. Set it up to do daily payouts and it's not a big deal - especially if you're a real seller and move inventory. Not having to go into PayPal every day to do this manually is huge.
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Joined Aug 2014
L5: Journeyman
> bubble2 807 Posts
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berrnard
11-21-2020 at 09:49 AM.
11-21-2020 at 09:49 AM.
marcari also requires your bank or debit card. why cant we just be payed with paypal and just be happy?!
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Joined May 2007
L10: Grand Master
> bubble2 6,980 Posts
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GoHalos
11-21-2020 at 09:56 AM.
11-21-2020 at 09:56 AM.
Quote from berrnard :
marcari also requires your bank or debit card. why cant we just be payed with paypal and just be happy?!
Because ebay doesn't own paypal any more and when they spun them off there was an agreement that ebay would only be required to use paypal for a certain amount of time and that time is past.

I have a few listings on mercari. I had one sale, couldn't contact the buyer regarding their address so I canceled it and haven't had another sale. The final value fees were equal to what I was paying when I got paypal.

Mercari defaults to smart pricing which means your items are marked lower and lower and lower and lower till they sell and so the prices listed are low low low. I can't compete with those prices.

AND I don't think there is a way to list multiple quantities and their categories are very limited.

I get 200 free listings per month on ebay per account. That is 800 that I use every month.

My time on ebay may come to an end tho. I have no plans on keeping sixbit after the 6 month trial, so it will be down to mostly relisting what I have listed.
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Joined Mar 2019
L2: Beginner
> bubble2 62 Posts
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Dgre8Creator
11-21-2020 at 10:05 AM.
11-21-2020 at 10:05 AM.
Either way you have to take this offer, sooner or later. However as per fees wise there is no difference, because now eBay will charge you 12.35% instead of 10%. I think PayPal is charging 2.3 or 2.9. I'm not sure.
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Joined May 2007
L10: Grand Master
> bubble2 6,980 Posts
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GoHalos
11-21-2020 at 10:15 AM.
11-21-2020 at 10:15 AM.
Quote from Dgre8Creator :
Either way you have to take this offer, sooner or later. However as per fees wise there is no difference, because now eBay will charge you 12.35% instead of 10%. I think PayPal is charging 2.3 or 2.9. I'm not sure.
I never got any offer on the two accounts that are in managed payments. The only thing I got was notification that it's time to sign up and if I don't I won't be able to list any more.

So.... I signed up. I have no idea if I didn't sign up if they would have prevented me from listing but I want to sell as much as I can while I have sixbit so I wasn't chancing it.

My other two accounts haven't gotten any notice or offers. I might just see if I can get some incentive if I don't sign up when I get the notice since my sixbit trial is ending in a month and it takes at least a month after the notification to be activated anyway.
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Last edited by GoHalos November 21, 2020 at 10:17 AM.
Joined Apr 2016
L6: Expert
> bubble2 1,352 Posts
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Rontron
11-21-2020 at 10:54 AM.
11-21-2020 at 10:54 AM.
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
They are supposed to check if your EIN is on the checking account you provide, so you might have issues there. In order to get an EIN tied to checking, you have to open business checking which requires you to register your business with your local ordinance (which probably costs $100 or more, plus renewal). I wanted to do the same thing as you, but in the end, I ditched my EIN.
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Joined Apr 2016
L6: Expert
> bubble2 1,352 Posts
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Rontron
11-21-2020 at 10:56 AM.
11-21-2020 at 10:56 AM.
Quote from Dgre8Creator :
Either way you have to take this offer, sooner or later. However as per fees wise there is no difference, because now eBay will charge you 12.35% instead of 10%. I think PayPal is charging 2.3 or 2.9. I'm not sure.
You save a tiny bit on fees but you will definitely save money if you ever get a return. I recently had a pair of $440 headphones returned and PayPal didn't refund the $13 fee.
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Joined Nov 2018
L4: Apprentice
> bubble2 396 Posts
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broker991
11-21-2020 at 11:38 AM.
11-21-2020 at 11:38 AM.
I did this and never got the coupon. Give it a shot but it's not worth my time to call eBay up about it
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Joined Nov 2012
L9: Master
> bubble2 4,384 Posts
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EpicBob
11-21-2020 at 12:08 PM.
11-21-2020 at 12:08 PM.
Quote from Chewie9 :
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!
Unless I'm not understanding this correctly, then that cuts into margins even more if selling from a no sales tax state.
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Joined Aug 2014
L6: Expert
> bubble2 1,278 Posts
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Chewie9
11-21-2020 at 12:11 PM.
11-21-2020 at 12:11 PM.
Quote from EpicBob :
Unless I'm not understanding this correctly, then that cuts into margins even more if selling from a no sales tax state.

I believe eBay charges sales tax now regardless of state. They even charge sales tax if you buy something directly from China lol.
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