ebay cutting off paypal and work with adyen instead

agent006140 · #45 08-20-2019

but those who are now in MP are still using PAYPAL to pay for shipping labels.
And some sellers found out Ayden does not support certain categories like currencies

ebayStlealth300 · #46 08-20-2019

We will have to wait for the final version of adyen when it rolls out for all ebay sellers.
Then me and my team will implement a method to make stealth managed payments accounts.

Lucynda · #47 08-20-2019

My one Ayden account is still going strong. I have loved it so far. Its been much easier than dealing with Paypal. I still have 4 stores on Paypal. I still have to wait and see what happens at the end of the year when they report to the IRS.

rsot · #48 08-20-2019

Quote:

Originally Posted by creeper

So can this mean the beginning of the end of paypal company??

Welcome to the forum - all the best as you master stealth

ebaystealth1974 · #49 08-20-2019

Quote:

Originally Posted by creeper

So can this mean the beginning of the end of paypal company??

Not even close. Ebay is a single digit percentage of Paypal's revenue.

bjc104 · #50 08-22-2019

My ebay is set up as a business account and I have an LLC. I also have a business bank account in the LLC name. Does anyone know if they will ask for my real name in addition to the business information if I go with managed payments? I have gotten the invite a few times, and now a bit of pressure to do it before August 31st, and basically they are telling me that it's better for me to choose to go with managed payments, as everyone will have to by next year.

agent006140 · #51 08-22-2019

why not ask on Ebay forum,it has been discussed to death.

phaz0rz · #52 08-22-2019

Quote:

Originally Posted by bjc104

My ebay is set up as a business account and I have an LLC. I also have a business bank account in the LLC name. Does anyone know if they will ask for my real name in addition to the business information if I go with managed payments? I have gotten the invite a few times, and now a bit of pressure to do it before August 31st, and basically they are telling me that it's better for me to choose to go with managed payments, as everyone will have to by next year.

They will. But according to at least one relatively reputable member here, that part can be "stealthed" with some creativity.

Quote:

Originally Posted by agent006140

why not ask on Ebay forum,it has been discussed to death.

Those boards are no good.

agent006140 · #53 08-23-2019

Ebay reps monitor and post on Ebay board,Paypal reps do the same on Paypal board.
since you are invited,have you tried going thru the motion of filling out the form and see if it ask for your real name?
There are many who have the same names,name alone cant prove anything

agent006140 · #54 08-23-2019

I sometimes wonder why I am not invited to join MP,well,one Ebay rep said when Ebay spun off Paypal,there is a clause that they have to give Paypal a certain number of transactions(payments) each year,before expiration date.
but you know eventually we all have to join.
question-AMZN marketplace used to allow merchants to use their own merchant account,is tha still the case,or everyone has to use AMZN one click?

phaz0rz · #55 08-23-2019

I don't know, I'm not on Amazon. What I do know is they let bigger sellers into managed payments first, during the beta testing. I'm guessing because sellers who process more transactions being in managed payments first gives eBay an opportunity to troubleshoot the system without affecting too many users if something goes catastrophically wrong. The accounts I've had invited in have gone in order from highest total sales to lowest total sales.

agent006140 · #56 08-23-2019

Quote:

Originally Posted by phaz0rz

I already answered his question. I've gone through the application process and they do ask for your personal name even if you're applying on a business account. They want business + personal info for any single member entities (single member LLC or sole proprietor). Maybe name alone can't prove anything, but your name, SSN, business name, and EIN is pretty solidly identifiable.

yes,I REMEMBER you told me once,so he would have to give his ssn or can he add directors to get around it?

agent006140 · #57 08-23-2019

why dont you sell on AMZN?
I would think you can sell more on AMZN than Ebay.
I just bought some light items in the last few days,going from Ebay to AMZN and end up buying on AMZN.
In one case,I made an offer to EBay seller,he never respond?
I sell books on AMZN,if I sell 7 book in a year,I am doing well.

yankee · #58 08-23-2019

amazon is all about control and rarely does that leave a lot of profit for sellers. You absolutely can make a fortune on amazon but it is not for everyone, every item and much like your stuff agent, it just does not sell on amazon.

2012 I would sell 30-50k every month in my nitch. Now, I sell more on ebay in a good day than a whole year on amazon.
We are doing OK with some white label items in my nitch. It is not in place to make a profit but to keep part of my factory busy and it keeps a thumb on some of the market.

ethanhunt · #59 02-28-2020

Quote:

Originally Posted by ebaystealth1974

Not even close. Ebay is a single digit percentage of Paypal's revenue.

PayPal is already being heavily affected this year by Coronavirus outbreak. All the cancellations from travel booking tools that accept PayPal and e-commerce activity as well.

rsot · #60 02-28-2020

Quote:

Originally Posted by ethanhunt

PayPal is already being heavily affected this year by Coronavirus outbreak. All the cancellations from travel booking tools that accept PayPal and e-commerce activity as well.

Very true - many industries and fields of commerce taking a beating