Email a copy of 'eBay to Let Canadian Sellers Opt for US Dollars' to a friend
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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/.
As I started selling on eBay in 1996, there was only eBay.com – eBay.ca did not then exist. I’m a resident of Canada, and, so far as I know, I’m still registered on the US site.
Canadian items sell best on the .ca site, and US items sell best on the dot com site. With my one Paypal account, I have currencies listed as $Canadian and $US. I list an item on .ca, I sell the item in $CAD, and the funds go into my Paypal $CAD sub-account. When I withdraw funds, the transfer goes to my $CAD bank account in Canada. I list an item on .com, I sell the item in $US, and the funds go into my Paypal $US sub-account. When I withdraw these funds, the transfer goes to my $US bank account in the US. There’s no currency conversion fee, as Canadian stays Canadian, and US stays US. This has worked for years with no problems.
Am I understanding this eBay notice correctly insofar as I will now need TWO separate eBay accounts – one registered with eBay.ca while also maintaining my current one with eBay.com ? As a Canadian seller, why would I need a Canadian bank based $US account, when I already have a US bank based $US account (in Washington State) ?
How will this affect what I do if I choose to list something on eBay UK ? Currently, Paypal allows me to have a £UK sub account. I do not currently have a £UK account based in a UK bank. To sell something on eBay UK would I have to register on eBay UK and also open a £ sterling account in England ?
Seems like a massive amount of work beyond what I have in place now.
as usual eBay reports completely false information. I have US account that is connected to managed rpayments through my US Bank account and it takes both Canadian and us funds. whey are so desperate to not lose any more sellers. They’ll kiss your rear if you cask them to.
Z
If you look at the real numbers, here’s what a little search brings up. BOTH HAVE THE EXACT ASMEAFILTERS. THAT BEING SEARCH FOR ONLY Canadian SELLERS IN Canada, AND us SELLERS IN THE us
sEARCH FOR “DIAMOND”ON EBAY.COM and Canada
us SELLERS (i DIND’T CARE ABOUT THE ORMAT 7,121,387
cAN sELLERS 15,442
.
Are they really serious about that number? It isn’t going to help ,much?????