In 2022, is the 600 threshold for payment processors set in stone?

[purposeremo]

Does anyone know if the 600 threshold in 2022, instead of the usual 20k, 200 t transactions, is absolutely coming out and is a real thing or is that just suspected and not so clear yet?

[yankee]

It was part of the last stimulus bill. It is done.

[pirateblackmanboyd]

the days of doing things with ebay seem to be closing. the MP has really messed things up. I notice things are not selling nearly as fast I think some people may already be giving up on ebay

[rsot]

Originally Posted by pirateblackmanboyd

the days of doing things with ebay seem to be closing. the MP has really messed things up. I notice things are not selling nearly as fast I think some people may already be giving up on ebay

In what categories are you dealing with?

[socialdigial]

Originally Posted by purposeremo

Does anyone know if the 600 threshold in 2022, instead of the usual 20k, 200 t transactions, is absolutely coming out and is a real thing or is that just suspected and not so clear yet?

Do you mean 600$/600EUR = mandatory to switch to MP?

[purposeremo]

Originally Posted by socialdigial

Do you mean 600$/600EUR = mandatory to switch to MP?

This is for USA only. Our threshold for payment processors use to be 20k/200 transactions before they wanted SSN for taxes now it's 600. So MP will want that SSN verified at 600 or below making MP stealth harder than it is now.

[ebayStlealth300]

There will be ways around it.

[DENDEN76]

Makes me appreciate my country of birth and its shiat financial system

[purposeremo]

Originally Posted by ebayStlealth300

There will be ways around it.

The only way seems to be not to go stealth at all and wish for the best. All I see is people saying they got multiple LLC's and still used their SSN and DOB and same name and got multiple accounts.