| |
| wader | 02-03-2018 05:55 AM |
Re: After 15 years, eBay plans to cut off PayPal as its main payments processor
we'll see what happens |
| jamontap | 02-03-2018 07:27 AM |
Re: After 15 years, eBay plans to cut off PayPal as its main payments processor
I feel like this whole thing looks promising. |
| glacier922 | 02-03-2018 07:28 AM |
Re: After 15 years, eBay plans to cut off PayPal as its main payments processor
Quote:
Originally Posted by Gladiator
(Post 898696)
Adyen will process the PayPal payments. That's how Etsy Payments works.
That said, several countries will not get eBay Payments and will still have stand alone PayPal due to licensing.
| Do you mean that if you have a paypal account, and the customer pays, the customer pays through Adyen, but the money will be put in your paypal account? Is that how it works? |
| 13obby | 02-03-2018 08:17 AM |
Re: After 15 years, eBay plans to cut off PayPal as its main payments processor
No Ayden will deposit the funds directly into your Bank account and PayPal will still be a payment option for a few years until Ayden fully integrates with Ebay buyers and after that PayPal will be fazed out. |
| donkeykong2012 | 02-03-2018 10:09 AM |
Re: After 15 years, eBay plans to cut off PayPal as its main payments processor
Quote:
Originally Posted by aspkin
(Post 898355)
Additionally, eBay and PayPal have aligned on terms to offer PayPal as a way to pay at checkout on the eBay intermediated model until July 2023. PayPal will remain an important partner to eBay.
| Too much in EBay's announcement is ambiguous.
Are EBay suggesting the plan is to drop Paypal as a payment method completely after 2023?
In other words, will it not be possible to pay with Paypal through the Adyen system after 2023?
Etsy offer this now. I assume a similar setup will be available on EBay? |
| Gladiator | 02-03-2018 04:59 PM |
Re: After 15 years, eBay plans to cut off PayPal as its main payments processor
Quote:
Originally Posted by glacier922
(Post 899068)
Do you mean that if you have a paypal account, and the customer pays, the customer pays through Adyen, but the money will be put in your paypal account? Is that how it works?
| If it’s fully integrated it will be deposited with the rest of the payments. If it’s like how early Etsy payments and their option to split is, the payment will still go to your PayPal account if you choose this. |
| slokor | 02-03-2018 05:02 PM |
Re: After 15 years, eBay plans to cut off PayPal as its main payments processor
Hope its option 2.
If its option 1 then it pretty much eliminates US stealth for anyone without the ability to get themselves a US based bank account - which is almost everyone outside the US... |
| Gladiator | 02-03-2018 05:34 PM |
Re: After 15 years, eBay plans to cut off PayPal as its main payments processor
Quote:
Originally Posted by slokor
(Post 899150)
Hope its option 2.
If its option 1 then it pretty much eliminates US stealth for anyone without the ability to get themselves a US based bank account - which is almost everyone outside the US...
| If they drop PayPal completely as a independent processor and only use Adyen with forced integration, which I assume will happen like Etsy, you’re going to need a bank regardless of whether the payments are sent to the deposit account or still sent to PayPal. |
| supplies | 02-03-2018 05:35 PM |
Re: After 15 years, eBay plans to cut off PayPal as its main payments processor
Paypal is probably the biggest target on the internet when it comes to scammers.
Nobody knows this better than ebay since they own paypal.
You can expect fort knocks type of security once this new company takes over!!
Things will never be the same. This is 100% BAD for stealth, likely the end. |
| Gladiator | 02-03-2018 05:57 PM |
Re: After 15 years, eBay plans to cut off PayPal as its main payments processor
Quote:
Originally Posted by supplies
(Post 899155)
Paypal is probably the biggest target on the internet when it comes to scammers.
Nobody knows this better than ebay since they own paypal.
You can expect fort knocks type of security once this new company takes over!!
Things will never be the same. This is 100% BAD for stealth, likely the end.
| http://taxes.moe/2017/07/08/linux-an...s-hysteria.gif
Once again, unless they do something drastically different than how they run on every other platform...this isn’t that big of a deal. |
| nickopedia | 02-03-2018 06:02 PM |
Re: After 15 years, eBay plans to cut off PayPal as its main payments processor
The thing is we can't predict the future. We have NO IDEA how EB will implement the Adyen system. It will be assumed it will be little different than how other Adyen powered operate.
Let's not get ahead of ourselves and assume this is the end of stealth. As others have pointed out repeatedly, there are always workarounds for most things. |
| Gladiator | 02-03-2018 06:29 PM |
Re: After 15 years, eBay plans to cut off PayPal as its main payments processor
Adyen has no new licensing, as I’ve checked, so they aren’t going to be too different in how they verify shops. eBay may do their own thing independently of it but Adyen isn’t changing at its core. |
| Imakemoney | 02-03-2018 06:48 PM |
Re: After 15 years, eBay plans to cut off PayPal as its main payments processor
As a long time stealther that has not been around the forum for a while, I remember years back all the hype when PayPal first started asking for things to lift receiving limits.
Every time something new comes along there is the same questions & of course concern.
We always adapt, there will be a way to make this work... we are resourceful people! |
| slokor | 02-03-2018 07:27 PM |
Re: After 15 years, eBay plans to cut off PayPal as its main payments processor
Quote:
Originally Posted by Gladiator
(Post 899154)
If they drop PayPal completely as a independent processor and only use Adyen with forced integration, which I assume will happen like Etsy, you’re going to need a bank regardless of whether the payments are sent to the deposit account or still sent to PayPal.
| Exactly.
Which is precisely the point I am making.
It means that if youre in the US youre fine but if youre outside the US you will NOT be able to use a stealth US based ebay account any longer as you will NOT have ANY way to cashout the funds. At least now you can still manage to get the funds out of paypal in certain way but with this new method there will be none. |
| Gladiator | 02-03-2018 07:34 PM |
Re: After 15 years, eBay plans to cut off PayPal as its main payments processor
Quote:
Originally Posted by slokor
(Post 899179)
Exactly.
Which is precisely the point I am making.
It means that if youre in the US youre fine but if youre outside the US you will NOT be able to use a stealth US based ebay account any longer as you will NOT have ANY way to cashout the funds. At least now you can still manage to get the funds out of paypal in certain way but with this new method there will be none.
| They will be forced to use their own area, yes. I don’t really have a problem with this. |
| slokor | 02-03-2018 07:37 PM |
Re: After 15 years, eBay plans to cut off PayPal as its main payments processor
Youre missing my point.
If youre trying to sell using a US based ebay - on the ebay.com site - you will HAVE to have a US based bank account.
So implementing things this way essentially negates the possibility for anyone outside the US from utilizing the ebay.com as a stealth option - since they cannot add a US based bank account in order to get their payments cashed out.
As an accounts seller I can tell you that is a very substantial percentage of stealthers out there. |
| Gladiator | 02-03-2018 07:47 PM |
Re: After 15 years, eBay plans to cut off PayPal as its main payments processor
Quote:
Originally Posted by slokor
(Post 899182)
Youre missing my point.
If youre trying to sell using a US based ebay - on the ebay.com site - you will HAVE to have a US based bank account.
So implementing things this way essentially negates the possibility for anyone outside the US from utilizing the ebay.com as a stealth option - since they cannot add a US based bank account in order to get their payments cashed out.
As an accounts seller I can tell you that is a very substantial percentage of stealthers out there.
| I get your point, I just don’t care that people outside the country would be cut off from utilizing the US to take sales from actual US based sellers. Open in your own country and do business as usual. |
| supplies | 02-03-2018 08:46 PM |
Re: After 15 years, eBay plans to cut off PayPal as its main payments processor
So is it Ayden that processes the transaction and gives the money to ebay then ebay pays you? or ebay will hold your money till satisfied then release it to ayden to pay you? |
| supplies | 02-03-2018 08:50 PM |
Re: After 15 years, eBay plans to cut off PayPal as its main payments processor
So adyen processes then holds your money till ebay is satisfied that you are legit?
Is that how it works on other sites? |
| slokor | 02-03-2018 11:09 PM |
Re: After 15 years, eBay plans to cut off PayPal as its main payments processor
Quote:
Originally Posted by Gladiator
(Post 899184)
I get your point, I just don’t care that people outside the country would be cut off from utilizing the US to take sales from actual US based sellers. Open in your own country and do business as usual.
| Gotcha.
The Trump attitude lol.
Plenty of goods in the Far East that US sellers do NOT have access to that are being sold on ebay by sellers in countries other than the US.
Guess we will have to agree to disagree on that. |
| kirkland | 02-03-2018 11:12 PM |
Re: After 15 years, eBay plans to cut off PayPal as its main payments processor
Quote:
Originally Posted by slokor
(Post 899182)
Youre missing my point.
If youre trying to sell using a US based ebay - on the ebay.com site - you will HAVE to have a US based bank account.
So implementing things this way essentially negates the possibility for anyone outside the US from utilizing the ebay.com as a stealth option - since they cannot add a US based bank account in order to get their payments cashed out.
As an accounts seller I can tell you that is a very substantial percentage of stealthers out there.
| Doubt this would be the case, as this would eliminate Chinese sellers from their platform which constitutes a large part of their business (as you implied in the other post you just made)
Which would be good for us as American sellers, but bad for ebay on the whole. |
| slokor | 02-03-2018 11:30 PM |
Re: After 15 years, eBay plans to cut off PayPal as its main payments processor
Quote:
Originally Posted by kirkland
(Post 899218)
Doubt this would be the case, as this would eliminate Chinese sellers from their platform which constitutes a large part of their business (as you implied in the other post you just made)
Which would be good for us as American sellers, but bad for ebay on the whole.
| I certainly hope youre right.
But I somehow doubt it.
Bottom line - none of us know how it will work out. We have to wait and see. |
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