|Tue July 7 2020 10:09:05|
eBay Coaxes Sellers into Payments with $50 Incentive
By: Ina Steiner
eBay is giving some sellers a $50 - $150 incentive to sign up for Managed Payments ahead of the mid-July deadline. The reward comes in the form of a credit on their invoice.
"I just had to tell you eBay offered me a $50 credit fee if I signed up for managed payments by July 10," a reader told EcommerceBytes. "I have 3 selling accounts and so far only 1 account received the offer. They must be desperate for people to sign up."
Sellers also referenced the offer in comments on a recent EcommerceBytes Blog post. One seller pasted an excerpt of the notification eBay sent:
"Your account is scheduled to be enabled for managed payments in late July, and you must register by July 15th or the ability to create new listings will be interrupted. You only have one week left to register.
"As a special offer for Independence Day we'd like to give you a $150 invoice credit when you register for managed payments by July 10th."
The fact eBay has to induce sellers to sign up for Managed Payments could indicate it's having issues with adoption as the deadline for the mandate approaches. Consider this the carrot before the stick. However, we can't help but wonder how early adopters feel about being left out of the financial reward.
Let us know if you've received the incentive offer and whether it influenced your decision to sign up for eBay's payments service ahead of the deadline.