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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.

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.

Re: Managed payment email
 

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.

Re: Managed payment email
 

I also noticed it says "business sellers" only. Doesn't mention personal accounts.

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Noooooooooooooo. I saw this as the end of my business. Time to make as much money as possible. Time to adapt.

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.

Re: Managed payment email
 

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

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.

Re: Managed payment email
 

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.

Re: Managed payment email
 

Hi

Whats this managed payment never heard of it ?

Is this when they are going to leave PayPal?

Re: Managed payment email
 

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

Re: Managed payment email
 

Yes blocked eBay accounts yes lol

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

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?

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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.

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??...

Re: Managed payment email
 

You will just have to wait and see.

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

Re: Managed payment email
 

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..

Re: Managed payment email
 

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

Re: Managed payment email
 

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

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.

Re: Managed payment email
 

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

Re: Managed payment email
 

Just got a message today from ebay ''eBay to start managing payments'' what does this mean for us sellers with stealth ebay accounts? Will ebay be able to see real bank information?Or will it be the same like PP. Kinda worried, I only have one stealth account that I have had since 2012

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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 ?

Re: Managed payment email
 

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.

Re: Managed payment email
 

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

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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.

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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.

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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.

Re: Managed payment email
 

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.

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

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:shocked: Really ?

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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.

Re: Managed payment email
 

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

Re: Managed payment email
 

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

Re: Managed payment email
 

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

Re: Managed payment email
 

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.

Re: Managed payment email
 

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?

Re: Managed payment email
 

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?????