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-   UK Managed Payments (https://www.aspkin.com/forums/uk-managed-payments/)
-   -   Managed payment email (https://www.aspkin.com/forums/uk-managed-payments/133891-managed-payment-email.html)

dbhana121 02-26-2020 05:27 AM

Managed payment email
 
Hi all,

Most of my stealths received the managed payment email and was shocked to see they are intending to have it implemented by end of 2020 for the UK.

Does anyone have any experience how it affects mismatched names and adding a bank to each stealth, as I'm now getting worried.

james_112233 02-26-2020 05:30 AM

Re: Managed payment email
 
Big changes in 2020.

I also received this email.

So not only are banks implementing checks on mis matched names. UK ebay are also implementing managed payments this year.

This could make or break many businesses.

dbhana121 02-26-2020 05:31 AM

Re: Managed payment email
 
Quote:

Originally Posted by james_112233 (Post 1072464)
Big changes in 2020.

I also received this email.

So not only are banks implementing checks on mis matched names. UK ebay are also implementing managed payments this year.

This could make or break many businesses.

I was under the impression it would roll out slowly, and we'd have until 2022-23, but it seems as though they're very eager to get it rolling.

james_112233 02-26-2020 05:32 AM

Re: Managed payment email
 
I also noticed it says "business sellers" only. Doesn't mention personal accounts.

bhuzz 02-26-2020 05:41 AM

Re: Managed payment email
 
Noooooooooooooo. I saw this as the end of my business. Time to make as much money as possible. Time to adapt.

james_112233 02-26-2020 05:49 AM

Re: Managed payment email
 
Business sellers are expected to enroll by the end of this year. And the rest of the "marketplace" which probably means non-business sellers to enroll by the end of 2021.

sax4 02-26-2020 05:52 AM

Re: Managed payment email
 
There's three threads on this in last few minutes, calm down :)

donkeykong2012 02-26-2020 05:53 AM

Re: Managed payment email
 
Personally I think they are trying to persuade as many people to enroll as quickly as possible, by implying it will be mandatory.

It is not even compulsory in the US yet.

Nothing more than a cash grab. I think they are simply testing the water to see what they can get away with.

They know people can leave and go elsewhere nowadays.

james_112233 02-26-2020 06:02 AM

Re: Managed payment email
 
Quote:

Originally Posted by donkeykong2012 (Post 1072489)
Personally I think they are trying to persuade as many people to enroll as quickly as possible, by implying it will be mandatory.

It is not even compulsory in the US yet.

Nothing more than a cash grab. I think they are simply testing the water to see what they can get away with.

They know people can leave and go elsewhere nowadays.

Is it not ?

Would you say this is the best time to probably voluntarily enroll to avoid "scrutiny" further down the line when stealthers have no other choice and we are all forced too enroll. By then I would have thought any issues would be ironed out thus making their system even stronger. Where as now they may just let you back on even if you have been suspended pre-managed payments.

assad 02-26-2020 06:02 AM

Re: Managed payment email
 
Hi

Whats this managed payment never heard of it ?

Is this when they are going to leave PayPal?

Kharz 02-26-2020 06:04 AM

Re: Managed payment email
 
Quote:

Originally Posted by assad (Post 1072500)
Hi

Whats this managed payment never heard of it ?

Is this when they are going to leave PayPal?

YES.
Have you got business ebay accounts?
They started sending this email to some of our accounts.

assad 02-26-2020 06:12 AM

Re: Managed payment email
 
Quote:

Originally Posted by Kharz (Post 1072505)
YES.
Have you got business ebay accounts?
They started sending this email to some of our accounts.

Yes blocked eBay accounts yes lol

Ive just recently had my legit business account blocked so trying to get back on ebay

dbhana121 02-26-2020 06:16 AM

Re: Managed payment email
 
I may opt in on one of my accounts where the PP has gone, but the ebay is still alive and was a strong account. Does anyone have any experience at all with UK managed payments?

james_112233 02-26-2020 06:38 AM

Re: Managed payment email
 
Quote:

Originally Posted by assad (Post 1072511)
Yes blocked eBay accounts yes lol

Ive just recently had my legit business account blocked so trying to get back on ebay

Don't waste your time. Just wait until managed payments are rolled out. Looks like it will be done by summer and you can opt in on one of your ebays with a suspended paypal.

Isaac 02-26-2020 06:38 AM

Re: Managed payment email
 
The information in the today's message from eBay is incomplete. Our accounts are registered on ebay.co.uk, but in different countries (not UK). How those who registered on co.uk, but with different countries may get UK bank accounts??...

james_112233 02-26-2020 06:39 AM

Re: Managed payment email
 
Quote:

Originally Posted by Isaac (Post 1072527)
The information in the today's message from eBay is incomplete. Our accounts are registered on ebay.co.uk, but in different countries (not UK). How those who registered on co.uk, but with different countries may get UK bank accounts??...

You will just have to wait and see.

At this current time this affects us UK users who have a UK ebay UK paypal

Isaac 02-26-2020 06:51 AM

Re: Managed payment email
 
Quote:

Originally Posted by james_112233 (Post 1072528)
You will just have to wait and see.

At this current time this affects us UK users who have a UK ebay UK paypal

So you, those who registered UK (as a country) on co.uk may easily change your registered countries, for example to Kazakhstan, Ukraine or any other..

Isaac 02-26-2020 06:59 AM

Re: Managed payment email
 
Quote:

Originally Posted by tinsoldier (Post 1072530)
All stealthers will do is either find a workaround - there will be one - or use private seller accounts.

They've only converted 25,000 of US/DE accounts and many of those were done voluntarily. To get all US/DE/UK business accounts converted will take longer than the 10 months left in the year, that much is for sure.

Anybody know how many business accounts there could be on the three sites currently earmarked?


FR/IT/ES/BE/NE together are smaller than US alone

james_112233 02-26-2020 07:12 AM

Re: Managed payment email
 
Quote:

Originally Posted by Isaac (Post 1072535)
So you, those who registered UK (as a country) on co.uk may easily change your registered countries, for example to Kazakhstan, Ukraine or any other..

Might trigger document check. And they can see you are dispatching items from the UK if they click on the tracking numbers.

phaz0rz 02-26-2020 07:21 AM

Re: Managed payment email
 
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.

dbhana121 02-26-2020 07:22 AM

Re: Managed payment email
 
Quote:

Originally Posted by phaz0rz (Post 1072566)
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.

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


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