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Ina Steiner is co-founder and Editor of EcommerceBytes and has been reporting on ecommerce since 1999. She's a widely cited authority on marketplace selling and is author of "Turn eBay Data Into Dollars" (McGraw-Hill 2006). Her blog was featured in the book, "Blogging Heroes" (Wiley 2008). She is a member of the Online News Association (Sep 2005 - present) and Investigative Reporters and Editors (Mar 2006 - present). Follow her on Twitter at @ecommercebytes and send news tips to ina@ecommercebytes.com. See disclosure at EcommerceBytes.com/disclosure/.
“Managed payments supports an ENHANCED buying and selling experience on eBay”
Buy it Now. Click.
Pay Now. Click.
I’d love to hear George Carlin go off on ebay.
This whole thing has a bad “feel” to it…a lot of sellers use PayPal for many purchases beyond eBay. So basically eBay is forcing folks to use Credit Cards to pay for things. If money from eBay sales is bypassing PayPal, it now means users will have to take the added step of pulling money from their banks BACK to PayPal to keep using it.
My gut says, in the end, eBay will lose money on it due to a decline in activity, Managed Payments looks terribly inconvenient and an un-needed extra step and hassle.
I’ve had an eBay account 1998, now we have a timeline for MP. I WILL NOT PARTICIPATE IN Managed Payments, PERIOD! I plan to Close both my eBay accounts, including my store, the day they become mandatory for me. I will not allow eBay to manage MY MONEY!
” Most sellers can expect to see savings compared to their current payments processing fees.”
Maybe for single item orders, but on orders of 2 or more different items, processing fees will be more thanks to their $.25 per item fee!!!
Thanks but no thanks to Managed (to screw this up) Payments!!!