with ebays new managed payment system can we still advertise our Bonanza items on ebay without signing up for their managed payments?
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Elizavella_Designs Reputation: 124 See Elizavella_Designs' booth |
eBay’s Managed Payments is simply the method that they use to process the sale, collect their FVF, transaction fees and then forward to you (the seller) what is left over. Advertising (publishing) your Bonanza items on eBay has no bearing on what or how eBay collects their money from you.
Since Bonanza is not collecting the money from the buyer, Bonanza’s service in this process is simply allowing you the ease of putting your Bonanza items on eBay’s service. If it sells on eBay, you owe eBay the money for the selling fees.
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tomwayne1 Reputation: 8637 See tomwayne1's booth |
You can try uploading from Bonanza to eBay and see what happens. Maybe they’d notify you to join MP if you sold something? From what I understand they are requiring all sellers to join Managed Payments, and you’d have to be in it to get payment from the sale.
If you want to pursue that, I’d suggest you get a separate checking account first, with an attached debit card that you can also use as your “backup” payment method. Disassociate any eBay / PayPal and eBay / credit card you may have connected to your eBay account presently.
Use a different/new bank or credit union for eBay only. Create a closed loop of new checking account to receive payment, and new related debit card to pay seller’s fees. Nothing really bad can happen if you isolate that account from any other banking accounts you have. Keep the balance in that account low, as that would be the money at risk with them going forward, from which they could take chargebacks, refunds, etc. Good luck.
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Littleblackdog Reputation: 241 See Littleblackdog's booth |
thanks everyone if i have to sign up for managed payments to advertise on ebay then ill not do it. I left ebay because i did not want to sign up for their managed payments.
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Elizavella_Designs Reputation: 124 See Elizavella_Designs' booth |
Don’t believe you’d be able to send your items from here to there, without having managed payments set up there.
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MagnoliaScreens Reputation: 1120 See MagnoliaScreens' booth |
I’m an ebay seller & have been for over 21 years. I’m in ebays managed payments & it isn’t as bad as everyone makes it out to be. Whenever I list an item after I’ve used up my free listings the listing fee is deducted from my payout. When I purchase a shipping label the cost is deducted. All my seller fees are deducted. I have my funds deposited to my bank every Tuesday. Everything I owed ebay for the week has already been paid for so my payout is mine without having to worry about paying ebay anything out of my weekly payout. Ebay sales compared to Bonanza sales makes it all worthwhile to be in their managed payments~~-0- sales on Bonanza with $1000.00 to $1500.00 in sales a month on ebay. It doesn’t take a genius to figure out the best place to be.
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kattinsanity Reputation: 349 See kattinsanity's booth |
Viewed: 901 times
Asked: almost 4 years ago
Latest response: almost 4 years ago
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