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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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Last Edited by arct November 21, 2020 at 06:10 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 Sep 2008
Customer Service Slave
2,833 Posts
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#61
Quote from Totalfixation :
I'm glad they did this because it's actually way better than PayPal. Did you know if a customer buys something from you on eBay and use paypal for payment, then ask to cancel the order. PayPal doesn't give back your fees if you refund the customer.

it's truly annoying when a customer cancels an order and requests for a refund in a matter of seconds after they've made the purchase. PayPal does not refund any of the fees that they normally charge you.

So be glad guys if you are a seller on eBay this is actually a very good blessing in disguise.
I didn't know that, but I'm not sure if that's true in all cases.

So I have a pending payment in my account from a customer that purchased something from me for local pickup only. But he lives like 1000 miles away, and he hasn't been responding to my messages to pick his stuff up.

So eventually I'll have to refund his money I assume. So you're telling me after I do that, my paypal account is going to go negative 3%? That doesn't sound right.

I'm guilty of this. I've cancelled my order right after purchasing several times. Probably about 10 times in my life. I've had someone do that to me once, and I don't remember going negative because of it. I don't sell that much stuff.
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Joined Dec 2008
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#62
Quote from aznnp77 :
I didn't know that, but I'm not sure if that's true in all cases.

So I have a pending payment in my account from a customer that purchased something from me for local pickup only. But he lives like 1000 miles away, and he hasn't been responding to my messages to pick his stuff up.

So eventually I'll have to refund his money I assume. So you're telling me after I do that, my paypal account is going to go negative 3%? That doesn't sound right.

I'm guilty of this. I've cancelled my order right after purchasing several times. Probably about 10 times in my life. I've had someone do that to me once, and I don't remember going negative because of it. I don't sell that much stuff.
Buyers have been doing this to get back at PS5 scalpers knowing the seller will eat fees.
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Joined Dec 2014
L3: Novice
131 Posts
64 Reputation
#63
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!
Jeez that's ridiculous. Really tired of eBay. There's no reason imo why someone needs to pay sales tax on some junk I'm getting rid of (I understand this isn't entirely their fault, but still).

PayPal literally provides the same buyer/seller protections for just their 2.9% fee. No bs sales tax and hoops to jump through with other fees. Unfortunately it's hard to find decent alternatives to eBay where things will actually sell. Been trying to sell stuff on Reddit whenever possible
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Last edited by mar12 November 21, 2020 at 08:49 AM.
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Joined Jul 2009
L4: Apprentice
427 Posts
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#64
What's the requirement for seller account? I haven't been forced into managed payments yet. I just checked my account and it shows 77 sales for $78xx this year. I've been with ebay since 1997 and I only have 1 item for sale right now. Been mostly selling on Facebook Marketplace right now since no fees and they gave me 10 free shipping items until end of this month.
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Joined Aug 2014
L4: Apprentice
429 Posts
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#65
ya i went through the whole process until it asked for my bank info. this is no bueno. it is soooo hard to reconcile a dispute with a bank than a credit card. this sucks. may turn me off ebay for sales.
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Joined Jan 2012
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#66
Quote from berrnard :
ya i went through the whole process until it asked for my bank info. this is no bueno. it is soooo hard to reconcile a dispute with a bank than a credit card. this sucks. may turn me off ebay for sales.
I stopped selling on ebay about 2 years ago. Kept getting screwed by customers returning used/damaged high value goods. Ebay is extremely anti-seller -- unless you reside in communist china, of course.
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Joined Oct 2015
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#67
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!
That was pretty scary my first payout since it was completely blind. I had shipped an expensive item days before I could even see the payout pending. Totally anti-consumer system; a real shitty business practice IMO.
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Joined Mar 2005
L6: Expert
1,933 Posts
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#68
what a crock... now ebay collects a 2.7% fee for payment processing and deduct fees before you get your money? nice for ebay, bad for sellers...

what a bad business decision to spin off paypal back then...
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Joined Mar 2018
L3: Novice
137 Posts
484 Reputation
#69
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.
Was not a payment but an invoice credit. I found it when I looked in the right place account activity>credits or something.
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Joined May 2015
L5: Journeyman
588 Posts
58 Reputation
#70
Now before this ebay was charging:

- pay a fee to list
- pay a fee to sell

Then
-pay a PayPal fee

But if you wanted to actually get traffic:
-premium listing fee (big % cut)
-subscription store fee

You're getting cut 5 ways with fees if you're trying to sell something. The views and traffic arent there like they used to be. Even their organic search isnt useful for buyers who know specifically what they want.
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Joined Mar 2015
L2: Beginner
83 Posts
18 Reputation
#71
Quote from VreebieZ :
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. >(
Thanks for that list of eBay alternatives. The only one that seems to have a decent amount of listings is mercari. Their webpage doesn't inspire conference though: no summary of fees; no discussion of wether you have to use PayPal or some other payment processor.
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Joined Mar 2015
L2: Beginner
83 Posts
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#72
Quote from raider73 :
What's the requirement for seller account? I haven't been forced into managed payments yet. I just checked my account and it shows 77 sales for $78xx this year. I've been with ebay since 1997 and I only have 1 item for sale right now. Been mostly selling on Facebook Marketplace right now since no fees and they gave me 10 free shipping items until end of this month.
Is the process as easy as eBay, in terms of generating lables and getting paid?
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Joined Apr 2009
L5: Journeyman
667 Posts
427 Reputation
#73
Quote from nyknicks8 :
Even if they give you a tax form, you don't have to declare since it's not a business cost of the items is greater than the selling price. Most likely you sold everything at a loss
You do have to report it, but then you report your expenses to offset it. You shouldnt get ône anyway unless it's like $20k i believe
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Joined May 2007
L10: Grand Master
6,615 Posts
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#74
Quote from squanderer :
what a crock... now ebay collects a 2.7% fee for payment processing and deduct fees before you get your money? nice for ebay, bad for sellers...

what a bad business decision to spin off paypal back then...
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.
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Joined Dec 2007
L3: Novice
135 Posts
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Original Poster
#75
Quote from TuanT5074 :
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
Wut? LOL no.

I have actually learned a lot from reading everyone's replies. We all getting forced into managed payments eventually so I figure I might as well get the $15.
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