eBay moving quickly to managed payment system - eBay Suspended & PayPal Limited Forums
eBay Suspension & PayPal Limited Forums  
Join Today
Register Subscribe
     

Registration is fast, simple and absolutely free so please, join our community today!


Go Back   Home > Platform Discussions > eBay Discussion!

eBay Discussion! EBay Forum. News, Updates, or Anything eBay is Welcome. A kind of lounge if you will.

Reply
 
Thread Tools
  #1  
Old 08-15-2019
Senior Member
 
Join Date: Apr 2018
Posts: 538
Thanks: 1
Thanked 120 Times in 91 Posts
Activity: 0%
Longevity: 30%
iTrader: (0)
Default eBay moving quickly to managed payment system

I was just invited to eBay payments. It looks like the timeline may be a lot quicker than we had thought. Sounds like people are going to be required to switch very soon, no 2023 or whatever.

"All eBay sellers will progressively be required to transition to managed payments in the coming months."

https://i.imgur.com/Cay3Vtr.png
Reply With Quote
The complete step-by-step guide to get back to selling today!

  #2  
Old 08-15-2019
vigilantex69's Avatar
Senior Member
 
Join Date: Feb 2009
Posts: 475
Thanks: 13
Thanked 37 Times in 27 Posts
Activity: 0%
Longevity: 87%
iTrader: (0)
Default Re: eBay moving quickly to managed payment system

What does managed payments mean for stealth accounts??
Reply With Quote
  #3  
Old 08-15-2019
james13v's Avatar
Senior Member
 
Join Date: Sep 2010
Posts: 2,340
Thanks: 659
Thanked 444 Times in 346 Posts
Activity: 1%
Longevity: 77%
iTrader: (0)
Default Re: eBay moving quickly to managed payment system

Yeah, no. They've been inviting people for awhile. Nothing about that hints at them switching very soon instead of 2023.
Reply With Quote
The Following 2 Users Say Thank You to james13v For This Useful Post:
dealagreeproceed (08-16-2019), drebintech38 (08-15-2019)
  #4  
Old 08-15-2019
Senior Member
 
Join Date: Sep 2017
Posts: 3,202
Thanks: 953
Thanked 779 Times in 596 Posts
Activity: 0%
Longevity: 34%
iTrader: (0)
Default Re: eBay moving quickly to managed payment system

Quote:
Originally Posted by vigilantex69 View Post
What does managed payments mean for stealth accounts??

Death...

.................................................. .................................................. .................................................. .................................................. .................................................. .................................................. .................................................. .................................................. .................................................. .................................................. .................................................. .................................................. .................................................. .................................................. .................................................. .................................................
Reply With Quote
  #5  
Old 08-15-2019
Senior Member
 
Join Date: Sep 2017
Posts: 3,202
Thanks: 953
Thanked 779 Times in 596 Posts
Activity: 0%
Longevity: 34%
iTrader: (0)
Default Re: eBay moving quickly to managed payment system

Quote:
Originally Posted by Leader2dark View Post
I was just invited to eBay payments. It looks like the timeline may be a lot quicker than we had thought. Sounds like people are going to be required to switch very soon, no 2023 or whatever.

"All eBay sellers will progressively be required to transition to managed payments in the coming months."

https://i.imgur.com/Cay3Vtr.png
Correct. In the coming MONTHS. Could be 41 months. Could be 57. Could be 18.

Doubt it's anytime soon...
Reply With Quote
The Following 5 Users Say Thank You to ebaystealth1974 For This Useful Post:
drebintech38 (08-15-2019), james13v (08-16-2019), nickopedia (08-15-2019), renzini (08-16-2019), walkingupwards (08-15-2019)
  #6  
Old 08-15-2019
Junior Member
 
Join Date: May 2010
Posts: 214
Thanks: 63
Thanked 5 Times in 5 Posts
Activity: 0%
Longevity: 79%
iTrader: (0)
Default Re: eBay moving quickly to managed payment system

My question is can the bank account you add to managed payments be in a different name than the ebay account holders name?
Reply With Quote
  #7  
Old 08-15-2019
Executive [VIP]
 
Join Date: Oct 2016
Posts: 2,685
Thanks: 931
Thanked 925 Times in 678 Posts
Activity: 0%
Longevity: 40%
iTrader: (0)
Default Re: eBay moving quickly to managed payment system

Quote:
Originally Posted by drebintech38 View Post
My question is can the bank account you add to managed payments be in a different name than the ebay account holders name?
Not sure, but people where that HAVE signed up with Managed Payments already mentioned the name on the bank and eBay must be the same.
Reply With Quote
The Following User Says Thank You to nickopedia For This Useful Post:
drebintech38 (08-15-2019)
  #8  
Old 08-15-2019
Junior Member
 
Join Date: May 2010
Posts: 214
Thanks: 63
Thanked 5 Times in 5 Posts
Activity: 0%
Longevity: 79%
iTrader: (0)
Default Re: eBay moving quickly to managed payment system

Quote:
Originally Posted by nickopedia View Post
Not sure, but people where that HAVE signed up with Managed Payments already mentioned the name on the bank and eBay must be the same.
What about the address on the bank account. Does that have to match, or does that not matter or get seen?
Reply With Quote
  #9  
Old 08-15-2019
Senior Member
 
Join Date: Apr 2013
Posts: 236
Thanks: 36
Thanked 53 Times in 47 Posts
Activity: 0%
Longevity: 61%
iTrader: (0)
Default Re: eBay moving quickly to managed payment system

Quote:
Originally Posted by drebintech38 View Post
My question is can the bank account you add to managed payments be in a different name than the ebay account holders name?
Yes they have to match.
Reply With Quote
The Following User Says Thank You to leighanns520 For This Useful Post:
drebintech38 (08-15-2019)
  #10  
Old 08-15-2019
Senior Member
 
Join Date: Apr 2013
Posts: 236
Thanks: 36
Thanked 53 Times in 47 Posts
Activity: 0%
Longevity: 61%
iTrader: (0)
Default Re: eBay moving quickly to managed payment system

Quote:
Originally Posted by drebintech38 View Post
What about the address on the bank account. Does that have to match, or does that not matter or get seen?
Think just correct bank info such as correct routing and account numbers and name same for bank and eBay.
My address matched anyway. So honestly don't know how that is handled if they are not the same
Reply With Quote
The Following User Says Thank You to leighanns520 For This Useful Post:
drebintech38 (08-15-2019)
  #11  
Old 08-15-2019
Senior Member
 
Join Date: Apr 2013
Posts: 236
Thanks: 36
Thanked 53 Times in 47 Posts
Activity: 0%
Longevity: 61%
iTrader: (0)
Default Re: eBay moving quickly to managed payment system

Quote:
Originally Posted by drebintech38 View Post
My question is can the bank account you add to managed payments be in a different name than the ebay account holders name?
There is a special forum on eBay for the sellers that have joined managed payments.
I read tonight on the forum that eBay ( managed payments) does not have access to information such as names matching.
However another seller stated there bank and eBay did not match and she has to fix that. Till then her payments will be held.
When I signed up it stated names must match. Actually on the page where I gave my info such as bank and social. The name was already printed there and can not be changed. However you would have to go to your eBay account profile and change name there that matches bank or go to bank and change that to match eBay, then go back to joining managed payments
I have also read that sellers are receiving update bank account in different tiers of money made from sells. Someone said at 4 thousand in sales and 10 thousand in sales. Not sure how accurate as some people have had more that that and still haven't had to update any info previously given.
Still learning
Reply With Quote
The Following User Says Thank You to leighanns520 For This Useful Post:
drebintech38 (08-15-2019)
  #12  
Old 08-15-2019
HurricaneHuntr's Avatar
Executive [VIP]
 
Join Date: Apr 2010
Posts: 2,135
Thanks: 84
Thanked 309 Times in 239 Posts
Activity: 0%
Longevity: 80%
iTrader: (3)
Default Re: eBay moving quickly to managed payment system

Quote:
Originally Posted by leighanns520 View Post
There is a special forum on eBay for the sellers that have joined managed payments.

I read tonight on the forum that eBay ( managed payments) does not have access to information such as names matching.

However another seller stated there bank and eBay did not match and she has to fix that. Till then her payments will be held.

When I signed up it stated names must match. Actually on the page where I gave my info such as bank and social. The name was already printed there and can not be changed. However you would have to go to your eBay account profile and change name there that matches bank or go to bank and change that to match eBay, then go back to joining managed payments

I have also read that sellers are receiving update bank account in different tiers of money made from sells. Someone said at 4 thousand in sales and 10 thousand in sales. Not sure how accurate as some people have had more that that and still haven't had to update any info previously given.

Still learning
Ebay doesn't have a way to see the name on a bank. Neither does PayPal. These people are being triggered by something else.

I have one account on managed pay and I can tell you the ebay account is not the name on the bank. And I receive daily deposits.
Reply With Quote
The Following 3 Users Say Thank You to HurricaneHuntr For This Useful Post:
dealagreeproceed (08-16-2019), drebintech38 (08-15-2019), wendychen2000us (06-22-2020)
  #13  
Old 08-15-2019
Junior Member
 
Join Date: May 2010
Posts: 214
Thanks: 63
Thanked 5 Times in 5 Posts
Activity: 0%
Longevity: 79%
iTrader: (0)
Default Re: eBay moving quickly to managed payment system

Quote:
Originally Posted by Moscutter View Post
Ebay doesn't have a way to see the name on a bank. Neither does PayPal. These people are being triggered by something else.

I have one account on managed pay and I can tell you the ebay account is not the name on the bank. And I receive daily deposits.
So if my bank name doesn't match Ebay name, can you even change the name on a bank account since you had to use a SSN to aquire it in the first place?
Reply With Quote
  #14  
Old 08-16-2019
Junior Member
 
Join Date: Aug 2019
Posts: 75
Thanks: 0
Thanked 22 Times in 16 Posts
Activity: 0%
Longevity: 22%
iTrader: (0)
Default Re: eBay moving quickly to managed payment system

There will always be a way around it, I will figure it out when they force it.
Reply With Quote
  #15  
Old 08-16-2019
HurricaneHuntr's Avatar
Executive [VIP]
 
Join Date: Apr 2010
Posts: 2,135
Thanks: 84
Thanked 309 Times in 239 Posts
Activity: 0%
Longevity: 80%
iTrader: (3)
Default Re: eBay moving quickly to managed payment system

Quote:
Originally Posted by drebintech38 View Post
So if my bank name doesn't match Ebay name, can you even change the name on a bank account since you had to use a SSN to aquire it in the first place?
No. the bank won't let you do that. It doesn't matter , unless it's something new i've never heard of.. And eBay isn't exactly cutting edge. That being said, if they request a canceled check or a statement, there is ways around that even if you're legit. Like on my one managed account, if they asked for a statement from the bank, i could provide that. A little creativity to make it match what's on ebay and you'd be good. Ebay wouldn't request verification statement or canceled check.... if they could just see it themselves, Now would they? Think about it.
Reply With Quote
The Following User Says Thank You to HurricaneHuntr For This Useful Post:
drebintech38 (08-16-2019)
  #16  
Old 08-16-2019
Junior Member
 
Join Date: May 2010
Posts: 214
Thanks: 63
Thanked 5 Times in 5 Posts
Activity: 0%
Longevity: 79%
iTrader: (0)
Default Re: eBay moving quickly to managed payment system

Quote:
Originally Posted by Moscutter View Post
No. the bank won't let you do that. It doesn't matter , unless it's something new i've never heard of.. And eBay isn't exactly cutting edge. That being said, if they request a canceled check or a statement, there is ways around that even if you're legit. Like on my one managed account, if they asked for a statement from the bank, i could provide that. A little creativity to make it match what's on ebay and you'd be good. Ebay wouldn't request verification statement or canceled check.... if they could just see it themselves, Now would they? Think about it.
Ya account is legit. Would like to keep using current bank, but dont know any workarounds and dont want to lose my 6 yr acct. I was thinking of using like Ally or Simple for a new bank account
Reply With Quote
  #17  
Old 08-16-2019
glacier922's Avatar
Executive [VIP]
 
Join Date: Aug 2013
Posts: 2,400
Thanks: 797
Thanked 320 Times in 251 Posts
Activity: 0%
Longevity: 59%
iTrader: (0)
Default Re: eBay moving quickly to managed payment system

This is so weird. I've been creating accounts off the hook lately and never once been offered managed payments
Reply With Quote
  #18  
Old 08-16-2019
vigilantex69's Avatar
Senior Member
 
Join Date: Feb 2009
Posts: 475
Thanks: 13
Thanked 37 Times in 27 Posts
Activity: 0%
Longevity: 87%
iTrader: (0)
Default Re: eBay moving quickly to managed payment system

Quote:
Originally Posted by glacier922 View Post
This is so weird. I've been creating accounts off the hook lately and never once been offered managed payments
From what I have seen itís offered to high sales accounts. I have one account that I use and Celotta on, the other only saw a few items a month.

The higher sales account has already been emailed about the managed payments, where the other one is still getting promotional offers and stuff to push me to sell more on that account like cutting eBay final value fees and such.
Reply With Quote
  #19  
Old 08-16-2019
james13v's Avatar
Senior Member
 
Join Date: Sep 2010
Posts: 2,340
Thanks: 659
Thanked 444 Times in 346 Posts
Activity: 1%
Longevity: 77%
iTrader: (0)
Default Re: eBay moving quickly to managed payment system

Quote:
Originally Posted by drebintech38 View Post
So if my bank name doesn't match Ebay name, can you even change the name on a bank account since you had to use a SSN to aquire it in the first place?
Well. Just gotta get a corp, and EIN and a business checking account with the business name. If you're selling enough, it's worth the hassle.
Reply With Quote
  #20  
Old 08-16-2019
Senior Member
Threadstarter  
 
Join Date: Apr 2018
Posts: 538
Thanks: 1
Thanked 120 Times in 91 Posts
Activity: 0%
Longevity: 30%
iTrader: (0)
Default Re: eBay moving quickly to managed payment system

There is a lot of fear about managed payments. I don't blame people, I'm sure more than a few folks on here depend on eBay sales for their entire income.

I have basically resigned myself that the end is coming. I really don't think they are going to leave open loopholes with their new system. They have lost too much on scams, frauds, and people simply not paying eBay fees on stealth accounts.

Finally, they want to be more like Amazon. Just look at how stealth works on Amazon to understand the future of eBay Stealth.
Reply With Quote
  #21  
Old 08-16-2019
Senior Member
 
Join Date: Jun 2012
Posts: 255
Thanks: 35
Thanked 7 Times in 7 Posts
Activity: 0%
Longevity: 66%
iTrader: (1)
Default Re: eBay moving quickly to managed payment system

Quote:
Originally Posted by Leader2dark View Post
There is a lot of fear about managed payments. I don't blame people, I'm sure more than a few folks on here depend on eBay sales for their entire income.

I have basically resigned myself that the end is coming. I really don't think they are going to leave open loopholes with their new system. They have lost too much on scams, frauds, and people simply not paying eBay fees on stealth accounts.

Finally, they want to be more like Amazon. Just look at how stealth works on Amazon to understand the future of eBay Stealth.

so its either add SSN,EIN AND A REAL BANK ACCOUNT OR YOUR DOOMED...??
Reply With Quote
  #22  
Old 08-16-2019
Junior Member
 
Join Date: Oct 2015
Posts: 62
Thanks: 4
Thanked 15 Times in 14 Posts
Activity: 22%
Longevity: 45%
iTrader: (0)
Default Re: eBay moving quickly to managed payment system

Quote:
Originally Posted by Imohsofly718 View Post
so its either add SSN,EIN AND A REAL BANK ACCOUNT OR YOUR DOOMED...??

YUP that's correcto
Reply With Quote
Reply



Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Etsy New Payment System ISSUE ! Yasav Etsy Discussions 6 11-11-2018 10:49 AM
Best payment system for Digital Items? DotDot Payment Gateways 0 05-11-2014 09:57 AM
eBay fees payment by PayPal reversed - System Glitch? jscan AU PayPal Talk 0 06-29-2013 12:19 AM
New payment system rattles Paypal GrannyT UK eBay & Paypal 13 07-17-2012 07:38 AM
How quickly does PP limit accounts after payment? netb0nd Paypal Limited 9 02-14-2010 12:09 AM


Aspkin Group

All times are GMT -5. The time now is 12:04 PM.


Stop the guessing games and learn how you can quickly and easily get back on eBay today!
Read the best selling step-by-step eBay Suspension guide eBay Stealth!
Amazon Suspension? Read Amazon Ghost to get back on Amazon!
vBulletin® Copyright ©2000 - 2023, Jelsoft Enterprises Ltd.
Ad Management by RedTyger
no new posts

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58