Let's hypothesize on an unmentioned aspect of the May 7th Paypal Policy Update

ebaystealth1974 · #1 04-05-2019

When ebay begins accepting Paypal through Ayden, will eBay be on the hook for the refunded fee amount, or will they just tack it on to our fees.

Will they force PP into some sort of stipulation for ebay sellers?

Or some other option?

Let's hear your thoughts!

phaz0rz · #2 04-05-2019

Why would eBay be on the hook for a refund? I assume on the Adyen system it'll be just like a merchant account. If you have to send a refund it's deducted from your daily settlement (disbursement) so it's just taken out of the daily deposit sent to your bank account.

yankee · #3 04-05-2019

Quote:

Originally Posted by phaz0rz

Why would eBay be on the hook for a refund? I assume on the Adyen system it'll be just like a merchant account. If you have to send a refund it's deducted from your daily settlement (disbursement) so it's just taken out of the daily deposit sent to your bank account.

That is exactly how it works on Etsy

ebaystealth1974 · #4 04-05-2019

Quote:

Originally Posted by phaz0rz

Why would eBay be on the hook for a refund?

I'm talking about the policy update. The refunded fee amount that paypal will start keeping.

When a buyer returns an item, and ebay has to refund them through paypal, ebay is out of the transaction fee just like we are. How will that be handled?

phaz0rz · #5 04-05-2019

I'm guessing what they will do is deduct the entire refund amount from your bank deposit. If it was a $19.99 payment on the old system and you sent a refund, Paypal would have refunded $.90 of the payment and the other $19.09 would have been pulled from your PP balance. With the new system if you have to send that same refund, the entire $19.99 will be debited from your daily disbursement.

Now that you've mentioned it, I bet part of the reason Paypal is implementing this update is so they can be more easily tied into managed payments on eBay. It would be difficult for them to manage transaction fee refunds in this new system so they're doing away with them, I guess.

ebaystealth1974 · #6 04-05-2019

Quote:

Originally Posted by phaz0rz

If it was a $19.99 payment on the old system and you sent a refund, Paypal would have refunded $.90 of the payment and the other $19.09 would have been pulled from your PP balance.

Plus 30 cents... don't forget that PP keeps that part.

phaz0rz · #7 04-05-2019

I added the 30 cents into the example.

Do they not refund that 30 cents currently?

ebaystealth1974 · #8 04-05-2019

19.99 X 2.9% + 0.3= 0.88

That would net you 19.11

Currently, if you have to refund the customer, you're on the hook for 19.41 because PP keeps the 30 cents.

phaz0rz · #9 04-05-2019

Quote:

Originally Posted by ebaystealth1974

because PP keeps the 30 cents.

Alright, that's what I was unclear about. So currently you're paying 30 cents to send a refund. In the future you'll be paying 30 cents + 3% of the amount, to send a refund.

Have you read deep enough into the updates to figure out how transaction fees will even be structured on the Adyen model? Will we have to pay a processing fee to both Adyen and Paypal since PP payments will be running through both interfaces?

It's confusing to think about but I think the fee restructuring is definitely related to PP being tied into Adyen.

agent006140 · #10 04-05-2019

I thought we have a choice ,either Ayden or PAYPAL ,how do you accept Paypal thru Ayden?

agent006140 · #11 04-05-2019

Paypal is making good money from us,that 30 cents transaction fee,I bet it only cost Paypal 10 cents,so it keeps 20 cents.
Paypal discount rate is more like 1% and yet we pay PAYPAL 2.9% if we use a cc.
if we use Paypal balance or bank fund,Paypal keeps all of that 2.9%.but then Paypal does offer seller/buyer protection and return shipping if we open case on Paypal.

JamesNorth101 · #12 04-05-2019

Quote:

Originally Posted by agent006140

I thought we have a choice ,either Ayden or PAYPAL ,how do you accept Paypal thru Ayden?

Adyen can still take PayPal payments.

Buyer pays via PayPal
Seller gets money via Adyen

ebaystealth1974 · #13 04-05-2019

Quote:

Originally Posted by agent006140

how do you accept Paypal thru Ayden?

It supposedly coming this year, but who knows.

There's no way they can keep their numbers up without it, though. Millions of people aren't gonna wanna start putting in CC #s when they're so used to PP.

agent006140 · #14 04-05-2019

I went to Paypal forum and try to find if there is any discussion on this policy but NO,I bet it is on Ebay seller forum.
Many Ebay sellers cannot afford such,as they sell vintage ,imperfect items,items they dont understand.
they found something which look saleable ,so they hurry up and list on ebay.
They sell EASY JACK but no idea what EASYJACK is,They sell Sony boombox which play ipod,iphone,but they cant test Ipod as they dont have any,they test it fine when plugged into wall outlet but they have no battery to test it when it runs on battery.
They also sell beatup toaster,broiler oven,printers and those items shipping is 35 and return is 35 ,so they lost $70 and now with PAYPAL polciy ,they will lose more.
they also bubblewrap a long coffee table and it arrived damaged,!
Kids wil ship in used pizza box with ants crawling inside.
Some ship in sanitary napkin box .

ebaystealth1974 · #15 04-05-2019

Those sound like shiitty, inexperienced sellers, and I don't really have any remorse for them. I should, because we all started somewhere, but I dont. lol

A couple days ago, PP's facebook page had "open question hour" or whatever they call it. People were hounding them about this new policy and they were just deleting the messages lol

JamesNorth101 · #16 04-05-2019

Quote:

Originally Posted by ebaystealth1974

A couple days ago, PP's facebook page had "open question hour" or whatever they call it. People were hounding them about this new policy and they were just deleting the messages lol

Good old PayPal

agent006140 · #17 04-05-2019

Quote:

Originally Posted by JamesNorth101

Adyen can still take PayPal payments.

Buyer pays via PayPal
Seller gets money via Adyen

then why have Ayden?
and how do they divy the loot?
Ebay stock has gone nowhere,with Ayden,it would show more proft

ebaystealth1974 · #18 04-05-2019

Quote:

Originally Posted by agent006140

then why have Ayden?

Adyen doesn't accept PP yet.

yankee · #19 04-05-2019

Quote:

Originally Posted by ebaystealth1974

Adyen doesn't accept PP yet.

Yes they do, at least on etsy.

People pay us with paypal through esty.

agent006140 · #20 04-05-2019

Quote:

Originally Posted by yankee

Yes they do, at least on etsy.

People pay us with paypal through esty.

I am not aware Etsy uses Ayden?
Etsy wants to phase out Paypal,I dont see if you open an account on ETSY,pAYPAL is a payment choice

ebaystealth1974 · #21 04-06-2019

Quote:

Originally Posted by yankee

Yes they do, at least on etsy.

People pay us with paypal through esty.

We aint on here discussing Etsy lol

What I should have said is EBAY DOESN'T ALLOW PP PURCHASES THROUGH ADYEN YET.

ebaystealth1974 · #22 04-06-2019

Quote:

Originally Posted by agent006140

I am not aware Etsy uses Ayden?
Etsy wants to phase out Paypal,I dont see if you open an account on ETSY,pAYPAL is a payment choice

Adyen is the only payment option for sellers. But buyers are able to pay with PP and all sorts of other options.

Hopefully ebay gets on track with that pretty soon.