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New eBay Payments System
 

Has anyone else signed up for the new eBay payment system?
I made the mistake of not reading thoroughly and now my sales have been cut more than 50%. The new eBay payment system does not accept Paypal from buyers and they do not expect to be able to until Summer of 2019. This really sucks and I wish they would have advertised that part a little more before offering the new payment system. But, it's my fault for not fully reading. I also found that eBay will not let you opt out of their new payment system once you sign up. I am going to still try to by calling later today. Luckily I have a couple stealth accounts to help with this sales drop.
What are your thoughts on this new eBay system?

Re: New eBay Payments System
 

I think that it's open only for US accounts at the moment.
I still didn't notice any changes on my EU accounts!

Re: New eBay Payments System
 

didnt know they where already pushing the new system

Re: New eBay Payments System
 

They are. I've been invited twice now.

@OP - Dallas pointed out to me that there are sellers on ecommercybytes complaining about the same thing as you. They're saying they were basically tricked into trying out the new system, and now they can't get out and their sales are suffering.

Re: New eBay Payments System
 

OMG,! So we can't using paypal with new accounts anymore?

Re: New eBay Payments System
 

eBay hates PP now since the divorce...

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Re: New eBay Payments System
 

Who got the kids?

Re: New eBay Payments System
 

Apparently buyers hate the new system, and the lack of PP is a deal killer, plus international buyers can't use the new system, so it's like a death-blow for anyone who 'opted' in.

I feel for these people in my heart, but anyone who trusts EB pretty much gets burned. Bad.

Re: New eBay Payments System
 

I'm hearing lots of problems with people actually getting their money to transfer.

Re: New eBay Payments System
 

Take it easy - don't panic - untrue

Re: New eBay Payments System
 

Since my post, my sales have actually picked back up a little. Now, I'm only down about 25% since the start. Still not ideal. The system itself is very nice. All done in one place and easy daily transfers. I just wish they would have figured out accepting PayPal right off the bat. It does seem like eBay may be trying to become a new Amazon though. Be ready, which I'm sure most of you are.

Re: New eBay Payments System
 

did they ask you for SSN?

Re: New eBay Payments System
 

Yes. They did ask for SSN.

Re: New eBay Payments System
 

That's a rip, I'm guessing ppl are likely gonna use EU accs for Adyen when it drops?

Re: New eBay Payments System
 

Im sure a workaround will be found when the time comes.

Re: New eBay Payments System
 

There's got to be an EIN option, for example if there's 2200 stockholders in a corporation they're not going to be getting 2200 SSN's.

Re: New eBay Payments System
 

Adyen lists a whole lot of countries so are you sure it is only available in the U.S.?

Re: New eBay Payments System
 

Its not USA only. They will eventually replace Paypal worldwide on eBay.

Re: New eBay Payments System
 

Starting in the US and then going globe