eBay to Institute New Managed Payment Fee on October 1

by: 1st Armored Division 1971-1973

Well, I still got 2 more years before they force me in. Much can change during this time.

by: Whatever

multi-item orders are and have been a thing of the past for me for a long time now so no worries there.  when it is no long profitable to sell on ebay I'll simply leave - been setting the tracks down elsewhere for a long time now.  Just hit my 20 years this month - I remember when ebay used to acknowledge those milestones - nowadays - nothing - the lights have gone out - I get it ebay - I'm simply a tool - no delusions here

by: DingDong

ThievesBay: "But have no fear, by the time Managed Payments is in full force, EVERYONE will be paying more than they are now. It's a trap."

Ecommerce just posted an article about Mercari and I can see eBay doing this once managed payments are done.

Mercari Introduces Instant Payments for Sellers
https://www.ecommercebytes.com/2019/07/16/mercari-introduce
s-instant-payments-for-sellers/#comment-2787

by: thievesBay

@DingDong Yep, since eBay never has an original idea of their own, it's surely possible that they'll steal bits and pieces from all their competitors. Just imagine when everyone's in Managed Payments, the % and per item rates will be higher, and then they'll invent more fees for every other aspect they can come up with. On top of that, you can be pretty sure eBay will bury everything deep in their Terms or give no notice at all. Quite a racket they have running.

by: mjr55

So what are the actual fees for managed payments?

Paypal takes 2.9-4.0% of the payment total plus the 0.30 transaction fee.

What does MP take besides the $0.25?

by: The End

Ebay NEVER " broke up " with PayPal.
PayPal is the ONLY OPTION on Ebay.

by: ebayout

toolguy has a highly niche market..aircraft tools
His personal experiences are totally irrelevant to the overall ebay experience.
Yet, he gloats..."nanny nanny poo poo...look how good I did. What's wrong with you?"
I have over $550,000 in gross sales. If I wanted a participation trophy, I'd buy one.

by: pace306

It’s not the 25 cents.

It’s the constant nickel and diming of sellers just to pay the contractors of Walker West, and that’s just wrong.

DW and co have zero respect for smaller sellers - and that’s been going on for ages with no end in sight

Anyone who isn’t scared of what will happen when Ebay gets full control over payments is either insane or rich - since money obviously doesn’t count in their universe.

eBay has no floor on shameful acts and will no hesitate to use payments as a weapon as they do returns and every other part of the platform.

by: Mark4

Sellers, you don't need ebay anymore. We dumped our ebay inventory into Shopify and from there created out own website that is selling nicely. Very simple to do, took us 3 days. We also began listing our inventory on Facebook Markeplace which huge results. Think outside the box, you don't need ebay anymore.  You don't need their abusive behavior and the constant brow beating in the form of fees. If you depend on ebay for your livelihood, your in for a world of hurt as ebay is a sinking ship. Ebay = Dead Man Walking

by: Philo

I tried logging into my billpoint account and it still is failing.

by: Moonwishes

Unless I am misunderstanding something, this fee keeps being referred to as a listing fee. If so then they are reversing the process of charging you for having had the item listing until you sell it.

Doesn't really matter. One of the great things about PP is they only have the one transaction fee and then the fee for whichever the total amount is. For my customers on eCRATER, I am very happy to give them a discount for multi-item sales, and after a certain amount of product being sold, my shipping rate doesn't climb any higher than what would cover a Priority Flat rate fee. Worked nicely when I sold 27 items at once and they only got charged enough as if it were a 1# flat rate package. I had to pay ~$3 extra, but selling 27 items all at once meant I saving well over $8 in per-transaction fees. I also have my Amazon shipping set up the same way and have gotten, what I think, is a good amount of multi-item orders.

What eBay has never seemed to understand is that by keeping the costs low, they would get a whole lot more money coming in. Instead, they are greedy and want to fill their pockets instead of their customers, the sellers. Until they come to that understanding they will continue their slide in the mud, like pigs enjoy.

by: flybuy

Well I guess this is good news for Mercari. And Facebook Marketplace.
And all the other platforms.

by: EyeFlipDaily

i mean, isnt this what poshmark, mercari, and amazon do already though ... you have to WAIT until the buyer receives the item before you get paid? but, of course, i rarely see any postings about their payment policies though

by: Lightning

@mjr55
The transaction fee for MP is 2.7%.  

It was promoted as being LESS than PayPal, which it is, but soon there will be a $.25 charge per listing on the invoice.  So if you sell a $100 item, it's $2.70 plus $.25 = $2.95, 25 cents less than PayPal's $3.20 (2.9%+.30).  If someone buys 6 different listings that total $100, MP is $2.70 plus $1.50 = $4.20, which is a full 1% OVER PayPal's rate.  So MP is $4.20, PP is $3.20, making MP 31% higher cost than PP on a relative basis, for some multi-listing invoices.

The real key here is that there is no justification for the "$.25 per listing on the invoice" fee.  It's just there because eBay can do whatever they want.  They are already getting FVF's on every item on the invoice.  There's no added cost to eBay to cause them to add a fee for more line items.  More fees to stem from that branch, I'm sure.  And if it's $.25 in October, maybe a buck in a few short years.  Whatever they "need".  And the base rate of 2.7%?  Plenty of "upward potential" there, too.

The $.25 fee might be there because the buyer likely got combined shipping by ordering a variety of items from one seller, causing eBay to lose its % of the shipping take.  They much prefer that things are sold 1 at a time.  So maybe they are hammering the seller for helping the buyer (again).  Such a short-sighted, backwards company.

by: nothingnew

😱 WHAT!!!!!? We are going to be forced to ship before getting our money?!!!!

by: Lightning

@Moonwishes
The reference terms are getting a bit muddy, therefore some confusion.  The $.25 fee is "per LISTING on the invoice", as opposed to "per ITEM on the invoice".  It also has nothing to do with the listing process or cost of listing items, or GTC.

If you sell 3 items from the same multi-quantity listing where maybe a hundred are available, there is only a single $.25 fee.  If you sell 1 item from 3 different listings, each will receive the $.25 fee.  It's like they are charging you a "toll" per listing sold, just like cars through a toll booth.  If there is one person in the car, one toll.  If the car is a clown car with 47 clowns in it, 1 toll.  And a $1000 fine for having 47 clowns in any one place.

by: Lightning

Sentence ahead reads: "If you sell 3 items from the same multi-quantity listing where maybe a hundred are available, there is only a single $.25 fee.

Should read: "If you sell 3 items TO A SINGLE BUYER AT ONE TIME from the same multi-quantity listing where maybe a hundred are available, there is only a single $.25 fee.

by: nothingnew

Well I guess after 22 years of eBay it's really time to move on. Damn! It's such a PITA to start over all the time. I guess I'll try fakebook marketplace before I'm forced to ship before payments are paid me. I just today was offered this managed payments BS and I didn't accept it. I'm a small seller too. I remember the good ole days. Far cry from what its become.

by: Paul W

When I sell, as I did yesterday, 38 different low-priced sets of stamps to one buyer, for a total of $65, the new eBay "lower-priced" payment processing fee would be $9.50 + 2.7% for a total of $11.26, an overall rate of 17.3%.  That kind of fee structure is going to drive most low-priced items off of eBay, which seems to be what they want.

by: Go tell the Spartans

eBay does all of this because they know that no one of any significance will challenge them and make it uncomfortable. They also know that the great majority of the sellers are small business people that rely on their sales to put food on the table. The only way to change eBay is to poke them hard with a big stick and let them know their revenue is at risk. Until seller band together and revolt, nothing will change.