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Originally Posted by murdered_by_ebay (Post 1247812)

ebay were suspending accounts that were selling and buying at the same time

it is not about control over paypal funds but about ebay proceeds being paid into paypal account XY and using that same paypal account to buy items on ebay , that is a huge red flag as this scheme is used by fraudsters who can turn ebay sales into ebay purchases without involving any banks

I would certainly not risk doing it on a recent account

Originally Posted by murdered_by_ebay (Post 1247818)

there is no misinformation , if you don't like it just ignore , go to some other place. you don't know what you are talking about anyway , obviously you lack experience

Originally Posted by OldTom (Post 1247790)

I think it's a clever move by ebay and not one of desperation as it could be viewed as.

Interest on buyers held funds and a likely increase on spending on the site as ebay will surely sell the ease with which funds can be used to buy from their mainstream businesses. (rather like paypal funds back in the day)

Then there's promotions, they wont be free will they? Can't see ebay giving great visibility to them.

And there's also just the advertising opportunities to ebay. Attract new private sellers and try and hurt the likes of Vinted too. Might even get some new business sellers out of it too.

It's already been trialed in Germany and was deemed a success, how they quantified 'success' that is unknown.

True private sellers are now a small part of their revenue stream, set to get much smaller and they know it. What have they got to lose?

Lets not kid ourselves, in the extreme scenario where crushed the likes of Vinted out of business they might have a fee 'rethink' but I simply see this as an opportunity to capitalise on a dying part of their business.

Hey, they might even put up business seller fees (again) to cover it. :)

Originally Posted by james_112233 (Post 1247788)

They already have eBay Plus in Australia.

Originally Posted by hotadvice (Post 1247730)

i think they are trying to adopt a paypal approach with the aim of eventually phasing paypal out as a payment method.They want complete control of their site.They should be prepared to offer instant withdrawal into bank account if they introduce this.As a manual request should enable funds go straight into bank accounts within seconds and not 1 to 3 working days .

Originally Posted by agent006140 (Post 1247940)

Most buyers use their credit cards to pay you,if Ebay deposits the fund within seconds to your bank account,it is prepaying you as it takes more than seconds to collect the fund from your cc issuer.(24 hours -48 hours,overseas cc could take longer)
I doubt if Ebay is willing to do so if the amount is large $$

Originally Posted by rsot (Post 1247960)

These days with Internet and ultrafast processing, the so-called "delays" seem pretty bogus - any so-called processing delays are due to holds and manual checks on transactions to deal with potential fraud

Originally Posted by rsot (Post 1248021)

Not everyone gets the payout instantly unfortunately

Originally Posted by agent006140 (Post 1248056)

Most buyers use credit cards,and it does take 24 hours at least to collect the fund for you,so if you are getting it same day,MP is advancing you the fund .

Originally Posted by hotadvice (Post 1247732)

and also a sign of desperation too...they are seeing people migrating to other platforms.Never thought id see the day ebay scraps fees.Very very big decision, either ways more money in sellers pockets for now but their ultimate objective is becoming their own payment processor, watch youll probably be charged a withdrawal percentage fee in the long run once they scrap all other payment methods out.

Originally Posted by hotadvice (Post 1247732)

and also a sign of desperation too...they are seeing people migrating to other platforms.Never thought id see the day ebay scraps fees.Very very big decision, either ways more money in sellers pockets for now but their ultimate objective is becoming their own payment processor, watch youll probably be charged a withdrawal percentage fee in the long run once they scrap all other payment methods out.

Originally Posted by agent006140 (Post 1247755)

if the ebay fund can only be used on eBAY,
THIS will kill those retail arbitragers who need the money to buy from AMZN,WMT or anyone outside Ebay.
To be like Paypal,they would have to offer foreign exchange,a debit card to tap your Ebay fund backed by y our bank fund,use it as a credit card and get a 1% rebate ,allow you to keep your fund in different currencies,I doubt Ebay wants to do all that.

Originally Posted by OldTom (Post 1247790)

I think it's a clever move by ebay and not one of desperation as it could be viewed as.

Interest on buyers held funds and a likely increase on spending on the site as ebay will surely sell the ease with which funds can be used to buy from their mainstream businesses. (rather like paypal funds back in the day)

Then there's promotions, they wont be free will they? Can't see ebay giving great visibility to them.

And there's also just the advertising opportunities to ebay. Attract new private sellers and try and hurt the likes of Vinted too. Might even get some new business sellers out of it too.

It's already been trialed in Germany and was deemed a success, how they quantified 'success' that is unknown.

True private sellers are now a small part of their revenue stream, set to get much smaller and they know it. What have they got to lose?

Lets not kid ourselves, in the extreme scenario where crushed the likes of Vinted out of business they might have a fee 'rethink' but I simply see this as an opportunity to capitalise on a dying part of their business.

Hey, they might even put up business seller fees (again) to cover it. :)

Originally Posted by OldTom (Post 1248073)

MP is not advancing you funds. Some funds sit in 'processing' and are not available.

'Available funds' are just that, monies which have cleared and can be immediately transferred to your bank account.