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Re: Managing Payments Requesting ID
 

Fair enough chap

But the anecdotal evidence I’ve read some of it also, these same guys giving this stories are the ones who enter the PayPal confirmation code wrong when adding banks or something silly like that

So I’d take there MP stories with a grain of salt also

Re: Managing Payments Requesting ID
 

Always take everything with a grain of salt, especially on a forum like this! But essentially, those of us with the deadline have been forced into making a call on it, so we have to analyse what info is currently available and make a play.

What JN is saying is that without knowing how refunds are processed, even if a Stealth MP manages to make it, the refund being pulled from a mismatched name on the bank could kill it.

But we dont know this info till its all up and running. eBays Trust and Safety team along with Ayden have been vague with info for reasons..

Re: Managing Payments Requesting ID
 

Yep that sums it up. That is the only thing that we are not sure about right now.

Even the eBay reps are not sure. Nothing new there though

Re: Managing Payments Requesting ID
 

Yep - the really important bit here will be what happens when the MP balance is 0. Will eBay issue the refund themselves and then take it from your next pay out or will they try to take it from the bank account right away, or can the prefer refund method be a CC (or VCC)?

Best case is eBay issue the refund and then just take it from the next disbursement. Second best is if users can have a CC or VCC as the prefered refund method and eBay takes it from that directly if there is not enough MP balance to cover it.

Worst case - they take it directly from the bank account via DD - This is the only one that presents an issue as to how easy MP stealth will be. The rest of MP at the moment is not an issue

Re: Managing Payments Requesting ID
 

On Etsy the refund comes off my Amex ...

I presume you can choose credit card and it doesn't have to come out of your bank.

Re: Managing Payments Requesting ID
 

Proof of fact?

Re: Managing Payments Requesting ID
 

Yep and I would assume EB will use the same system. Just looking forward to knowing that for sure though when its up and running fully.

Re: Managing Payments Requesting ID
 

I'm seriously considering going kamikaze for the cause with one of my accounts. But feel like I would be an idiot to waste it at this point should it fail.

- Going to turn it from private to business account by asking ebay chat.
- I should then hopefully be asked to enrol to MP with it
- Use real name so it matches my bank account
- Phantom address
- Submit creative docs every step of the way when asked and see what happens

Worst case they tell me to jog on. Best case it works. Then I can also report back on the refund aspect.

Again ... as it stands I feel like I would be wasting the account as it has a lot of feedback on it as private accs are not being asked to enrol yet.

Re: Managing Payments Requesting ID
 

Its worth a punt, but I did do similar a couple of months back with the same intention, and even though Ive requested MP, and asked them on CHAT and the phone, its still yet to happen. Your mileage may vary though.

Re: Managing Payments Requesting ID
 

In my opinion, it’ll probably be a pot like PayPal to get refund or option of card possibly bank

But eBay would need to pay a processing fee for refunding the transaction from bank

I don’t think the refund side will be much of issue - well that’s just my opinion will have to wait and see 15th July

If everyday savers will work then it wouldn’t be much of a issue - just the docs then and if they flop the whole account will go down

Re: Managing Payments Requesting ID
 

I was agreeing with your speculation then lol

It feels sometimes your just after a argument mate

Re: Managing Payments Requesting ID
 

Didn't you chose to go to the 'legit' conversation route with that, so you don't have 'all' the info, as it seems there are different requests from MP depending depending which way you go.

I agree though, we will see big changes, as we have already, with all E-Commerce and paymnts processing, banks etc...I can see the HMRC also getting involved in the next couple of years with the likes of Amazon and eBay so they can send out letters to all the folk not declaring their earnings.

Re: Managing Payments Requesting ID
 

I agree. Which is why this new managed payment system will easily integrate in to all the popular accounting packages on the market. They specifically made that point to sellers.

Re: Managing Payments Requesting ID
 

All true and good, but for me personally it’s long overdue now I need to invest elsewhere - in this volatile day and age you cannot have a single income from eBay alone

Best of luck to all, and it’s truly pandemics like this MP scenario that brings us together and gets the best out of us

Hope this works out for all of us

Re: Managing Payments Requesting ID
 

I sell very low value items but in bulk. My average selling price is £2.2 and I am making around 20p per order. I am on micropayment plan with paypal. Under MP ebay is not offering alternative of micropayment plan and therefore my payment handling cost per order will rise up by at least 20p per order. Thats end of my business for sure.

Sellers selling items around £50+ are ultimate beneficiary of MP because previously they were paying around 30p plus 2-3% paypal handling charge (depending upon their volume) and now under new MP they are paying just 30p. High volume sellers doing turnover of 200k will be saving 2% as compared to paypal.

MP is a killer for stealthers and people like me selling low value items. And a welcome thing for legal sellers.

I have a question: WILL EBAY CHARGE VAT ON 30P? If they do then its 36p effectively.

Re: Managing Payments Requesting ID
 

Because of the nature of the forum I suspect that not many will understand the validity of the point you are making here
:ranger:

Re: Managing Payments Requesting ID
 

ha ha ha... well said

Re: Managing Payments Requesting ID
 

Precisely why I am sincerely hoping ebay let me stay on using my legit details.

I have never wanted to stealth, just wanted a second chance and because I didn't get it I was forced to stealth. I loved the peace of mind stealth offered but with the uncertaintities ahead transitioning in to MP, I would just like to convert my stealths to my real details and be done with it and have ebay let me stay on.