Managed payment email

[james_112233]

Originally Posted by phaz0rz

I recommend those of you UK guys with business entities go ahead and enroll at least one account. It's really not as bad as it's being made out in this thread.

The application process for US users was really easy and a few people here already have multiple accounts in. It's much smoother than Paypal once you get setup.

Sounds like they're doing to you guys what they did to us last year. Claiming it will be mandatory soon so they can get as many sellers in as possible now. Then once the deadline comes, they'll suddenly stop mentioning managed payments at all and nothing will be mandatory.

Maybe not, but that's what happened on USA eBay last year.

I agree. I already like how managed payments works on Etsy.

So they have stopped enforcing managed payments on eBay US ? are new accounts made automatically enrolled ? are existing accounts not on managed payments still allowed to operate pre-managed payments ?

[phaz0rz]

Originally Posted by james_112233

So they have stopped enforcing managed payments on eBay US ?

Yes

Originally Posted by james_112233

are new accounts made automatically enrolled ?

Nope

Originally Posted by james_112233

are existing accounts not on managed payments still allowed to operate pre-managed payments ?

Yep.

Nothing really changed. I applied on my biggest account, and I like it, but 80% of my accounts are still accepting Paypal payments, and all of the US accounts being sold here come bundled with a Paypal for payments.

[sax4]

Originally Posted by dbhana121

But if adding a bank, is it okay for mismatched names?

Probably not, if they are using FPS for payments which Paypal use currently

[james_112233]

Originally Posted by phaz0rz

Yes

Nope
Yep.

Nothing really changed. I applied on my biggest account, and I like it, but 80% of my accounts are still accepting Paypal payments, and all of the US accounts being sold here come bundled with a Paypal for payments.

F*ck me so what are we all crying about ?

Business is as usual then. I won't be upgrading nothing until eBay gets me in headlock and bullies me in to upgrading.

[james_112233]

I would advise NOBODY to enroll into managed payments then. The fewer people that enroll it will send a message that nobody wants to switch over.

[assad]

Originally Posted by james_112233

I would advise NOBODY to enroll into managed payments then. The fewer people that enroll it will send a message that nobody wants to switch over.

Its happening if we like it or not,

I personally think if its anything like how PayPals mismatched system works we are laughing, at-least then we only have eBay to worry about and not PayPal.

One devil off our backs.

Originally Posted by assad

Its happening if we like it or not,



I personally think if its anything like how PayPals mismatched system works we are laughing, at-least then we only have eBay to worry about and not PayPal.



One devil off our backs.

Yeah I'm hoping it's exactly like their system. It's going to be an issue if they verify names for withdrawals and the initial verification.

[agent006140]

MP will eventually replace Paypal on EBAY.
Sellers will accept payments via MP and it will deposit proceeds into your bank account

[james_112233]

Originally Posted by agent006140

MP will eventually replace Paypal on EBAY.
Sellers will accept payments via MP and it will deposit proceeds into your bank account

Really ?

[Steveo036940]

Originally Posted by james_112233

Really ?

Yes.
Ebay and PayPal are parting ways. Managed payments will be a requirement for EVERY Ebay account worldwide before 2023 when PayPal's operating agreement with Ebay ends.

[sax4]

Originally Posted by assad

Its happening if we like it or not,

I personally think if its anything like how PayPals mismatched system works we are laughing, at-least then we only have eBay to worry about and not PayPal.

One devil off our backs.

PayPal will name to match bank account from the end of this month in uk

Originally Posted by sax4

PayPal will name to match bank account from the end of this month in uk

Source? For withdrawals or deposits? I'm sure the new law is relating to deposits no?

[JamesNorth101]

Originally Posted by phaz0rz

Almost makes MP sound like the more usable option.

This name match thing could be disastrous for you UK sellers since (if I'm interpreting it correctly) you woudln't be able to do stealth with Paypal or MP. Only option left would be running multiple legit business accounts, right?

Until it’s fully implemented it’s really difficult to tell exactly how it’s going to work but I expect the slight mismatching names or just using business bank accounts would be fine

[Steveo036940]

Originally Posted by phaz0rz

They told us last year that MP was going to mandatory on US eBay by now, and it's not.

I was saying the same thing as you last year but I no longer have any faith in what they say about MP since they've already gone back on things they've said several times.

Despite Ebay having problems and delays with a complete roll-out of MP, this is coming whether they're (or us) is ready or not. The operating agreement with PayPal will end just as sure as the sun will burn itself out in a few million years. The only way Ebay could ever revert back to keeping PayPal as a seller option is to make a new long term operating agreement with them, something PayPal would never agree to as PayPal is thrilled with getting rid of Ebay.
As for USA MP delays, it's because Ebay is inept, disorganized, and has no clue on how business works. It's been this way for many years, and I just don't see it getting better.

[mike75493245]

I am wondering if managed payments allow to use non domestic bank accounts? like for example EUR accounts statt GBP , or is it the same paypal?

[bhuzz]

Originally Posted by sax4 View Post
PayPal will name to match bank account from the end of this month in uk.....
Source? For withdrawals or deposits? I'm sure the new law is relating to deposits no?? I also want to know if business is over?????

[JamesNorth101]

Originally Posted by Steveo036940

The only way Ebay could ever revert back to keeping PayPal as a seller option is to make a new long term operating agreement with them, something PayPal would never agree to as PayPal is thrilled with getting rid of Ebay.

Do you have a source for that?

I cannot see why PayPal would be happy about loosing such a large revenue

[sax4]

Originally Posted by dbhana121

Source? For withdrawals or deposits? I'm sure the new law is relating to deposits no?

https://www.psr.org.uk/sites/default...n-May-2019.pdf

5.10 Under the CoP process, a payer will need to know a payee’s name and how to spell it.
Pay.UK’s rules and standards specify that, in the case of a close match, the actual name
associated with the proposed payee’s account will be returned to the payer. We
consider this an appropriate way to deal with close matches. This may also mitigate the
difficulty raised by the respondent. We encourage PSPs to ensure their approach to
identifying close matches accounts for this issue.

[Sausage]

Originally Posted by JamesNorth101

Until it’s fully implemented it’s really difficult to tell exactly how it’s going to work but I expect the slight mismatching names or just using business bank accounts would be fine

I wonder if leaving the stealth name as eBay registered name and putting the bussiness name as your real name and bank name, along the lines of:

John Smith
J. Smith
Smith John
etc

[kane lynch]

What credit card information will be used for these stealth eBay accounts? I can’t figure that part out just keep thinking about it.

[StealthHarry]

We’ll just wait and see if the banks don’t allow mismatched names

I doubt it seems like hot air to me

[kane lynch]

Some people have tried the beta test version they should know lol.