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Thu Sept 24 2020 10:58:28

eBay Taps Seller Bank Account while Holding MP Funds

By: Reader

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Dear Ina,
eBay's managed payments raided my bank account for refunds and made me pay for postage via credit cards while withholding $6XX in 'pending payouts'.

After 2 days of trying to get help, eBay shut the managed payments help system down.

They also charged me for the 'free listings' I shut down.

Despite the amount of personal info they collected, DOB, SS#, drivers license # and at one point demanding bank documents for an account they've been linked to since 2010, the helpline lady told me they're not a bank and PayPal is. But I can't use PayPal for my linked account, she said.
M.

Comments (24) | Leave Comment | Permalink
Readers Comments

Perminate Link for eBay Taps Seller Bank Account while Holding MP Fun   eBay Taps Seller Bank Account while Holding MP Fun

by: 4yourinfo This user has validated their user name.

Sun Sep 27 10:54:17 2020

So they went to the payment backup method setup by the seller - the bank account or the backup method for shipping labels A Credit Card..who cares? You'll eventually get the money I wish every return would go to my CC = CC Points! Maybe don't drain you available funds every day - that may help if you have no cash flow - maybe don't sell retail! There is definitely what to whine about regarding eBay - this is pathetic!

Perminate Link for eBay Taps Seller Bank Account while Holding MP Fun   eBay Taps Seller Bank Account while Holding MP Fun

by: Jono77 This user has validated their user name.

Mon Sep 28 05:23:25 2020

@Marie
PayPal just reinstated a controversial policy around its handling of fees in the event of a refund. PayPal are pocketing the initial 2.9 percent commission fee sellers forfeit during a transaction even when the seller is refunding a customer in full.

Perminate Link for eBay Taps Seller Bank Account while Holding MP Fun   eBay Taps Seller Bank Account while Holding MP Fun

This user has validated their user name. by: Marie

Mon Sep 28 12:16:20 2020

@Jono77

They [PP] has been doing that for just short of a year now.  It is only controversial to those of us that have to pay it.

Perminate Link for eBay Taps Seller Bank Account while Holding MP Fun   eBay Taps Seller Bank Account while Holding MP Fun

by: Snapped This user has validated their user name.

Wed Sep 30 08:03:03 2020

“ It is only controversial to those of us that have to pay it.“

Really? So...if you can’t see something, it doesn’t exist? The tree that falls without witness is silent?

Good to know THAT particular ‘controversy’ no longer deserves discussion. Especially by those who don’t live in the woods, and shouldn’t be able to hear the chainsaws either.

Just another parking lot in paradise folks, nothing to see here. And always free parking for those without cars.

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