No selling fees for private sellers and balance held in ebay account ?

[rsot]

Originally Posted by fernendo

I would say if a buyer pays with a credit card then in a way you're always being advanced the funds as they can be charged back within 180 days so it isn't "cleared" until then.

Chargeback is always a possibility, true

[agent006140]

Originally Posted by hotadvice

i said its taking the paypal approach.They want to be the only payment processor on their platform.funds go into ebay balance, and then it can be used to either pay for items on ebay or withdrawn.There is a bigger plan behind the scenes and its not 'saving sellers money".

They are already the only payment processor on EBay,since they kick out Paypal.

I dont see any bigger plan ?Paypal at one time tried money market account but Paypal is not a bank and it abandon this idea.
Then it gives us a PAYPAL debit card tapping our Paypal fund backed by our bank account and if we use it as a CREDIT CARD,we get 1% cash rebate,but this does not work too well,As WMT can tell this aint no credit card so it has to be used as a debit card.
Then cc issuer gives us 1-6% rebate,no need to play this debit/credit card game from Paypal.
Unless like Paypal,it starts lending us money,but I understand Ebay is already doing it.
Oh,at one time Megg Whitman wants to get health insurance for its power sellers and the insurance underwriters said no way,your power sellers have no distinct characteristice which fit our underwriting rules.
Maybe an Ebay lottery?

[SaiJin]

Originally Posted by james_112233

From what I am reading ... interest, as private sellers will now have an e-wallet that money has to be kept in a pot somewhere right.

Next year they are introducing a "buyer fee" possibly a subscription service like Amazon Prime. They already have eBay Plus in Australia.

Wait we have to keep the money in the so called pot and we can't withdraw?

I think that's a really bad negative for sellers

[aria7]

Originally Posted by SaiJin

Wait we have to keep the money in the so called pot and we can't withdraw?

I think that's a really bad negative for sellers

Of course it can still be withdrawn, it's just that it will no longer be automated. It only applies to private sellers I believe.

[agent006140]

what is a private seller?

[Delta1]

Originally Posted by agent006140

what is a private seller?

Seller who has not 'upgraded' to a Business eBay account. Maybe it's labelled Personal account where you are?

Supposedly not running a business.


This new system has gone Live today (in UK).

I managed to withdraw processed funds.

A Royalmail postage label still charged my Amex card by default. The 'legacy tool' for buying packlink Evri labels is still there for now.

It says

Shop on eBay, cover selling needs or withdraw anytime.

'Processing' funds still there. I hope purchases don't use that money. I'll give it a test with a small purchase.

[marianico]

Does this also apply to ebay.spain? I don't see anything new.

[agent006140]

I think right now is Ebay USA sellers only or rather Ebay.com