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-   -   Mp insufficient funds (https://www.aspkin.com/forums/uk-managed-payments/139454-mp-insufficient-funds.html)

ebaywanton 10-10-2020 09:15 PM

Mp insufficient funds
 
What will happen if a buyer opens a case when money has been released on MP? Would ebay contact my bank and take it out of the account directly?

I ask as i get a few returns each week (changed mind etc silly returns). Is there a way of taking a specific amount of money out so that enough is left in?

I enroll next week and am still nervous about the whole lot.

agent006140 10-11-2020 09:24 AM

Re: Mp insufficient funds
 
you can read about it on EBAY ,MP will first withhold any payments pending ,like you make some sales ,then the sales proceeds will be withheld .
yes,it can access your bank account-both depositing fund and removing likewise.
Then the question comes,what if there is not enough in your bank account,your bank will hit you with NSF?

gravessen 10-20-2020 06:02 PM

Re: Mp insufficient funds
 
Quote:

Originally Posted by ebaywanton (Post 1119370)
What will happen if a buyer opens a case when money has been released on MP? Would ebay contact my bank and take it out of the account directly?

I ask as i get a few returns each week (changed mind etc silly returns). Is there a way of taking a specific amount of money out so that enough is left in?

I enroll next week and am still nervous about the whole lot.


What MP agents have told me, is that you withdraw all.

But you can have a CC as a default method payment, or even paypal to cover any amount that you dont have.
But i think you dont have to worry about that. If you have a return, you can choose to refund when you have money again. Or if it happens automatically you can have a CC to support that.

I assume you dont want to allow it to be taken from your bank account because of name mismatch...


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