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URGENT: Managed Payments Document Requests?
 

Is it possible to enter the stealth name, address, company name, EIN, and put the EIN again for the SS when signing up for managed payments.

So background information
- I have 4 stealth accounts each has it's own stealth name, address, and legitimate ID (passports from family).
- Each account sells 20k monthly.
- I created 4 LLCs, all as single members LLCs attached the 4 EINs to each account. These EINs are linked to my SS.
- I also have 4 business bank accounts created with the 4 EINs and attached a business bank account to each stealth account.

I understand that the name will have to match the name on the bank account / also address but if you have a business checking account your business name will match the business bank account (you can change your business checking account address to stealth address easily) would this work? (at 4k threshold they require the bank info to match)

From what I understand identification is required for LLC members with at least 25% ownership but because my LLCs are single members I can't provide my own ID for all 4 of my stealth accounts that would cause a link correct? Would it be possible to provide the stealth ID to bypass this check? Another concern is entering my SS for all 4 accounts would lead all my other stealth to be connected.

In theory I could I have one legitimate account with my SS but now what about my other 3.....

Thank you all for reading and I look forward to the replies

Re: Managed Payments Document Requests?
 

I am wondering the same. For what I can see on the checklist they will require ID for LLC member with at least 25% ownership. Others have posted about having to give their SSN if sole prop, but I am not sure. The ID part is what I struggle with because I have about 30 stealth accounts.

Re: Managed Payments Document Requests?
 

During the MP sign up page, when you sign up as a legal entity you are not required to upload an ID during the sign up process but it states a SSN is required but I have heard people have got by with reusing the EIN again for the SSN.

Others have stated at the 4k threshold a bank statement is requested to ensure the bank account name matches the business name.

Here is link to a thread that states that eBay could be searching SOS databases to ensure there is match
https://www.aspkin.com/forums/us-man...nts-forum.html

The issue with them searching SOS, is if you are a single member LLC, and you used the stealth profile obviously this person will not show up on the SOS database for the LLC.

Could you link the checklist that states identification they will require ID for LLC member with at least 25% ownership?

Re: Managed Payments Document Requests?
 

Everyone can search the company owner and shareholders with the EIN, but it's impossible to confirm on public web how much % of each shareholders.

Re: Managed Payments Document Requests?
 

Really? How?

Re: Managed Payments Document Requests?
 

That's my agent who registered my LLC told me.

I assume it's something like the public database which ebay usually use to verify user's identity.

Re: Managed Payments Document Requests?
 

However the shareholder's detail percentage is something they won't be able to see.

I was told like this, but not sure and not confirmed it yet. If it's really like that, it would be possible to ask help from friends or family members to add them into the company shareholder with very little shares but use their ID to register the MP. (as MP won't be able to see the exact shareholder percentage to force you provide them your real ID info).

Re: Managed Payments Document Requests?
 

But again, in this way, this account is not stealth account anymore, it's a real account with real persons information.

Re: Managed Payments Document Requests?
 

Supposedly having multi member LLC and using the other person's identification and their SSN would by pass this identity check.

The other check is the bank account needs to match the business name which can be easily done by opening a business checking account with the EIN.

But then again, this isn't true stealth anymore it'll be a legitimate account.

This appears to be the only safe route to maintain job security for myself as a seller because it now removes the issue if one account falls the others will stand on their own.

This is the game we have to play now, time to adapt to continue making money. The ones who don't will fall off and allow a bigger pool for the ones who adapted.

Please enlighten me or let me know if my thinking is wrong. Thank you all for the responses. Very much appreciated and hopefully we will all get through this together.

Re: Managed Payments Document Requests?
 

Another possible option is to temporarily add a member to your LLC and then removing them after passing the identity check but who knows how often these checks are done. Is it a one time thing only? Is it checked every payout? Twice a year? So many questions and no answers very frustrating.

Re: Managed Payments Document Requests?
 

Interesting approach to test - front line :)

Re: Managed Payments Document Requests?
 

I thought the same. But we can't confirm, if ebay will check the company information from time to time and if remove / add a member, bank will check.

Only 2 months left now.

Re: Managed Payments Document Requests?
 

Another possible concern is, are they checking to see if the stealth address matches the LLC's registered address?

The registered address of any business is viewable to the public on the online databases.

Many stealth accounts use PO boxes, UPS mailboxes, and sometimes friends/family addresses. Obviously you can't set up your business entities' address with a PO box or a UPS mailbox because the IRS rejects it.

When I created these 4 LLCs I used my home address for all of them, while all my stealth accounts use a UPS mailbox. Any suggestions, should I change the registered addresses of my LLCs to match the eBay profiles as well? Or maybe I'm overthinking and they are just checking for ownership through these databases.

Sorry this MP has really got me stressed out, I just know I'd be really be devastated to lose accounts I've grown, cared for diligently, and nurtured to the status they are today. That's why I'm trying to absorb as much information I can to prepare for this disaster day July 15th.

Unable to reply to you PepsiCoin haven't reached my 25 post thing yet

Re: Managed Payments Document Requests?
 

[QUOTE=fadedstealth;1093208]Another possible concern is, are they checking to see if the stealth address matches the LLC's registered address?

I don't worry about that. Which law says you have to register your home address to business address. That doesn't make any sense.

Re: Managed Payments Document Requests?
 

I guess I shouldn't worry about it either, I've yet to read a post about MP that states they are checking the stealth address to match the LLC's registered address.

Only three facts I know are, SSN is required for the sign up, when 4k threshhold is reached additional information is requested for bank statement, and some people have said ID can be requested if information doesn't match up.

Re: Managed Payments Document Requests?
 

When i used my registered agent to form my LLC, i had the option to use my registered agents address as my business address. I did exactly that.

Re: Managed Payments Document Requests?
 

I'll keep this in mind. It's probably nothing to worry about.

Re: Managed Payments Document Requests?
 

I'm running about a bunch of stealth accounts, so I don't know what will happened by the end of summer. This thing is coming soon and it seems that no one really knows what's going to happen and a bunch of speculations.

Re: Managed Payments Document Requests?
 

Same here but I only got the MP requirement on 1 of my accounts. They are all personal accounts. How about you, how many do you have to register with MP?

Re: Managed Payments Document Requests?
 

I have 3 stealth accounts required to switch over to MP by July 15th.

Re: Managed Payments Document Requests?
 

Is it mandatory?

Re: Managed Payments Document Requests?
 

What if I run multiple stealth accounts with variation of my personal name (my real info got burnt with ebay years ago). Should I try to use my real info on one account in case it works and just loose all other accounts since I can`t keep entering my real info on several accounts?

Re: Managed Payments Document Requests?
 

Kind of risky when it's easy for account review to see simple variation...might as well go proper stealth

Re: Managed Payments Document Requests?
 

Yes, this is mandatory.

Re: Managed Payments Document Requests?
 

They will request identification if something doesn't add up or is fishy, so you'll be toast if you are using a variation of your name, your real info may work because eBay has never had our SSN or EIN before.

Re: Managed Payments Document Requests?
 

Just got a document request, because they say it didn't match.Looks like some creative folks are about to get a whole lot busier.

Re: Managed Payments Document Requests?
 

It would be good to know if the hooky docs can pass MP verification...UK PayPal have been a LOT stricter of late.

Re: Managed Payments Document Requests?
 

What didn't match? The bank account has to match the business name.

Re: Managed Payments Document Requests?
 

I gt this managed payments as well, and need some documents, can anyone help?

Re: Managed Payments Document Requests?
 

I have almost 4 years of experience with name variation stealth. It does work actually and was successful up until MP on my main account. I have other back up accounts that don't have the MP invite that I been using in the mean time.

I tried signing up for MP using the EIN as SSN to test the waters and 2 weeks later got a flag on account to update info that says if all is correct then I will need to upload ID. I plan to just create an ITIN or give them my SSN and correct DOB for the main account since I really don't have much to lose.

I'm a vero seller and have 2 strikes on that account so have to let it cool off until next year anyways cause I'm being targeted now all of a sudden. So I'm working more on my website and backups until I figure it out.

Re: Managed Payments Document Requests?
 

It appears a lot of people on this thread have received document request because their info doesn't match up.

Using the method stated I was planning to use I have not received any document requests so I believe I maybe in the clear, won't be 100% until these stealth accounts are completely moved over.

Re: Managed Payments Document Requests?
 

I am of the belief that when ebay changes the account name and address etc.. over to match the adyen, it's all gonna link up. Unless adyen employees are working the ebay entry forms and ebay have no access to the forms then i don't see it working. I've submitted documents way back on a MP account when we had VB issues, where no matter what it wouldn't work.. eg.. movvo bank DOES NOT WORK with ebay managed payments, as an example. Anyway, i was in early Alpha/Beta MP and we would chat with someone directly on instant messenger chat on ebay's website, and the person had a ebay name and they were able to say that the document was received or not. But, nothing is for sure, but i am pretty sure it was an ebay employee and adyen is just the processor.
So i think eventually ebay will link it all up, just like eventually they link up reused paypal accounts... which took down like 50% of my accounts last quarter... it was a genocide of elite accounts i lost :(

Re: Managed Payments Document Requests?
 

wow how long did you have the accounts before the link happened?

Re: Managed Payments Document Requests?
 

Yes I believe all information uploaded to for MP is shared and can cause links such as using the same SSN across multiple accounts.

Re: Managed Payments Document Requests?
 

My understanding is that there are no Adyen employees. I was told by the MP reps that they were trained to use Adyen's system, but that it's all in house. Also, it was not explicitly stated, but it was inferred that it's manually done and that they have a small staff that oversees it. Take it as you will.

Re: Managed Payments Document Requests?
 

All three of my stealth accounts just received this message


Thanks for registering for managed payments! You will soon be joining thousands of sellers whose payments are managed by eBay. As we continue to modernize our platform, managing payments is critical in that transformation. We appreciate your support in the journey.

Your account will be activated for managed payments between August 3 and August 7, 2020. We will notify you again two business days in advance of your move, and one final time after your account is activated.
Make sure your account is prepared:

• Review the Checklist to ensure your account is ready in advance of activation next month. You may receive a separate message to add or verify your information.
• Review your eBay integration and reconciliation processes.
◦ If you use a third-party platform, please reach out to your third-party integrator to check if your integration will need changes.
◦ If you use eBay and/or PayPal APIs, your store will need to be integrated with the new eBay Managed Payments APIs.
◦ If you list directly on eBay, no other changes to your account are required.
New resources and tools once you have been activated on managed payments:

• Integrations with top bookkeeping solutions like GoDaddy and QuickBooks -
◦ If you use GoDaddy for bookkeeping, you can sync your managed payments reports with GoDaddy bookkeeping services after activation.
◦ If you use QuickBooks Online, Xero, or Sage Business Accounting, you can sync your reports via OneSaas, an integration platform, after activation.
■ Sign up for OneSaas now and you'll receive a lifetime 20% off exclusive eBay discount on any OneSaas subscription package, with a free 7-day trial.
• Available later this month: Support for charity: You can donate a portion of your sale to your preferred charity. Read more here.
• Coming Soon: Financing options by eBay Seller Capital powered by LendingPoint. Sellers can get fast, flexible, transparent and worry-free financing with no origination or early payback fees.
Remember what to expect when eBay manages payments:

• More ways for buyers to pay: Credit, debit and gift cards, Apple Pay, Google Pay, PayPal, and PayPal Credit.
• One place to sell and get paid, all on eBay: A single source for fees, customized reports, refunds, simplified protections, and dedicated support.
• Streamlined operations: Payouts consistently available within two business days, and deposited weekly or daily. Watch a short video on payouts here.
• Simplified fees:
◦ Once activated for managed payments starting late July, you will pay an updated final value fee, consisting of a category-based percentage of the total amount of the sale, plus a $0.30 fixed fee per order.1
◦ Your final value fee will be automatically deducted from your sales proceeds and the rest will be paid out directly to your bank account.
◦ You can cover the costs of refunds from your bank account or credit card when your pending payout is not sufficient to cover the refund amount.
◦ You will not pay any payments processing fees to PayPal.

Watch a short video on fees here, or for full updated fee details, click here.
Join a dedicated private community here to engage with your fellow sellers on managed payments. You can also get more in-depth answers on the Help Hub here. And if you still have questions, you can request a call from one of our Payments team members there.

Re: Managed Payments Document Requests?
 

Just got the same message. Guess its happening faster than I anticipated.

Re: Managed Payments Document Requests?
 

Anybody in the UK get a specific date like this ?

I was simply told at the "end of the month (July)" rather than a specific date.