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02-21-2019
| Junior Member | | Join Date: Sep 2018
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Activity: 0% Longevity: 32% | | Ayden
If been researching Ayden but not sure what I have to actually do to accept payments through it.
Anyone done this yet?
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The complete step-by-step guide to get back to selling today!
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02-22-2019
| Executive [VIP] | | Join Date: Oct 2016
Posts: 2,685
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Thanked 925 Times in 678 Posts
Activity: 0% Longevity: 43% | | Re: Ayden
There have been a number of threads about the transition to Managed Payments powered by Adyen's financial network.
Right now it's not a requirement for sellers, but that's expected to change at some point in the future.
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03-18-2019
| Senior Member | | Join Date: Jan 2015
Posts: 584
Thanks: 293
Thanked 111 Times in 66 Posts
Activity: 0% Longevity: 53% | | Re: Ayden
I have started it. It's pretty simple. I used a business bank with my business name and LLC as an extra precaution but you may not need it. They accepted stealth info no problem. I sold 1k on account in 5 days and they asked for a photo ID. They did not ask for bank statements, invoices, or anything else. I haven't provided them with an ID yet but banks don't have access to DMV records and they also accept EIN's and only ask for the last 4 of the social just like paypal do I don't foresee a problem when I do submit the ⊗⊗⊗⊗ ID.
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03-19-2019
| Executive [VIP] | | Join Date: Oct 2016
Posts: 2,685
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Activity: 0% Longevity: 43% | | Re: Ayden Quote:
Originally Posted by Lucynda I have started it. It's pretty simple. I used a business bank with my business name and LLC as an extra precaution but you may not need it. They accepted stealth info no problem. I sold 1k on account in 5 days and they asked for a photo ID. They did not ask for bank statements, invoices, or anything else. I haven't provided them with an ID yet but banks don't have access to DMV records and they also accept EIN's and only ask for the last 4 of the social just like paypal do I don't foresee a problem when I do submit the ⊗⊗⊗⊗ ID. | Thanks for this info, it's very helpful.
We also need to hear more experiences like this signing up with, and selling under Adyen's gateway.
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03-19-2019
| | Banned | | Join Date: Apr 2017
Posts: 1,028
Thanks: 228
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Activity: 0% Longevity: 40% | | Re: Ayden
I'm also waiting for this to be available at PH. It's worth a try, tbh.
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03-19-2019
| | Senior Member | | Join Date: Jun 2017
Posts: 494
Thanks: 81
Thanked 26 Times in 19 Posts
Activity: 16% Longevity: 39% | | Re: Ayden
fck paypal, welcome adyen. (2020)
Fck adyen and all you others, welcome crypto! (202x) |
03-19-2019
| Senior Member | | Join Date: Aug 2018
Posts: 194
Thanks: 91
Thanked 11 Times in 11 Posts
Activity: 0% Longevity: 33% | | Re: Ayden Quote:
Originally Posted by Mayhard fck paypal, welcome adyen. (2020)
Fck adyen and all you others, welcome crypto! (202x) | what are you ranting on about?
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03-19-2019
| | Senior Member | | Join Date: Jul 2018
Posts: 12,187
Thanks: 1,651
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Activity: 91% Longevity: 33% | | Re: Ayden
Some Ebay sellers have been invited to test Ayden.
what is the rate,is it cheaper than Paypal?
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03-19-2019
| | Executive [VIP] | | Join Date: Nov 2015
Posts: 10,834
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Activity: 5% Longevity: 48% | | Re: Ayden Quote:
Originally Posted by agent006140 Some Ebay sellers have been invited to test Ayden.
what is the rate,is it cheaper than Paypal? |
Roughly the same. Microscopic amount of savings compared to Paypal which eBay is touting at every opportunity.
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03-19-2019
| | Senior Member | | Join Date: Jul 2018
Posts: 12,187
Thanks: 1,651
Thanked 1,107 Times in 1,043 Posts
Activity: 91% Longevity: 33% | | Re: Ayden
Paypal offers other features like 1% cash back when you use its MC debit card which taps your Paypal fund backed by bank fund.
Does AYden deposit your sales proceeds to your bank account?
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03-19-2019
| Executive [VIP] | | Join Date: Oct 2016
Posts: 2,685
Thanks: 931
Thanked 925 Times in 678 Posts
Activity: 0% Longevity: 43% | | Re: Ayden
On the onset, most of what I'm reading about Adyen is positive, but not sure it's going to be stealth friendly as they are likely to do identity verification. Even so, there will always be a few scofflaws who will resort to using others identities without permission (Identity Theft) instead of opening a company and applying for a legal TIN/EIN # and following the rules.
From what I'm reading Adyen will disperse funds automatically on a rotating basis into the designated bank account. Most Merchant Processors already do this.
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03-21-2019
| | Senior Member | | Join Date: Mar 2014
Posts: 411
Thanks: 9
Thanked 53 Times in 41 Posts
Activity: 0% Longevity: 58% | | Re: Ayden
Will Ayden also work as its stand alone service? for those that don't currently sell on eBay, can we still get payments? (like paypal pretty much). I do have an LLC and EIN i'd like to use whenever they do offer service to everyone
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03-21-2019
| | Executive [VIP] | | Join Date: Sep 2010
Posts: 14,302
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Thanked 4,934 Times in 3,399 Posts
Activity: 0% Longevity: 79% | | Re: Ayden Quote:
Originally Posted by phaz0rz Roughly the same. Microscopic amount of savings compared to Paypal which eBay is touting at every opportunity. | I mean, if I can save 0.001% on the 10% fee's....I welcome it! lol.
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03-21-2019
| | Senior Member | | Join Date: Jul 2018
Posts: 12,187
Thanks: 1,651
Thanked 1,107 Times in 1,043 Posts
Activity: 91% Longevity: 33% | | Re: Ayden Quote:
Originally Posted by RichardCard82 Will Ayden also work as its stand alone service? for those that don't currently sell on eBay, can we still get payments? (like paypal pretty much). I do have an LLC and EIN i'd like to use whenever they do offer service to everyone | you have to ask Ayden?
why not use SQUARE?
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03-22-2019
| | Executive [VIP] | | Join Date: Nov 2015
Posts: 10,834
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Activity: 5% Longevity: 48% | | Re: Ayden Quote:
Originally Posted by MM78 I mean, if I can save 0.001% on the 10% fee's....I welcome it! lol. | Go for it!
Right now the tradeoff seems to be slightly lower payment processing fees in return for having your customer base slashed by 90%.
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03-22-2019
| Senior Member | | Join Date: Sep 2017
Posts: 3,205
Thanks: 955
Thanked 779 Times in 596 Posts
Activity: 0% Longevity: 38% | | Re: Ayden Quote:
Originally Posted by phaz0rz Go for it!
Right now the tradeoff seems to be slightly lower payment processing fees in return for having your customer base slashed by 90%. | Regarding this junk, have they totally closed out your Merchant accounts yet? I forget the final date...
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03-22-2019
| | Executive [VIP] | | Join Date: Nov 2015
Posts: 10,834
Thanks: 2,079
Thanked 4,025 Times in 3,012 Posts
Activity: 5% Longevity: 48% | | Re: Ayden Quote:
Originally Posted by ebaystealth1974 Regarding this junk, have they totally closed out your Merchant accounts yet? I forget the final date... | No, not yet. They keep changing the dates because I guess things aren't ready yet. At first they were saying it would be removed in the beginning of March. Now they're saying it won't be removed until May 1st but I can't make any new listings with my merch account as the payment method.
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03-22-2019
| Senior Member | | Join Date: Sep 2017
Posts: 3,205
Thanks: 955
Thanked 779 Times in 596 Posts
Activity: 0% Longevity: 38% | | Re: Ayden
That sucks. They stopped people from setting them up quite some time back.
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