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Managed Payments Email
 

I got a email from eBay that I need to sign up got managed payments by July 15. I have a stealth personal account with a random name. My paypal has my business name connected with my EIN. When I go sign up for registered payments will I have the option to put my business name and add my EIN number instead of my personal info? Also I have a bank account in my business name which I would use to accept the payments. I would like to figure this out before trying. I am trying to avoid my personal.

Re: Managed Payments Email
 

Apparently they are requesting a SSN of a 25% owner of the LLC.

Re: Managed Payments Email
 

How about if you have a S corp can you put your business name and EIN only?

Re: Managed Payments Email
 

This is not possible. A identity check will be performed by Adyen. This will require a SSN upon signup.
This is a requirement of all merchant accounts, not just Adyen.
Converting one account is easy...just use your real name and SSN. Remember, Ebay has never had your SSN, so it'll be fine.
It's adding MP to all of your accounts that have everybody's panties in a bunch... you will need to duplicate your information over and over again on each account.
While this will link every account you have on MP, the jury is still out if this will link every Ebay account also.(assuming that only your name matches and every other detail, ie: address, IP, phone, etc remains different)
Remember, Adyen (along with every cc processor) will not arbitrarily provide Ebay SSN information. Others on this forum argue that they will, but I disagree. Many years ago, people added their own merchant accounts to Ebay...and never has a processor given Ebay SSN numbers...ever!
Adyen is no different, they are not above the law in releasing sensitive information, such as SSN numbers, so we'll have to wait and see.

Re: Managed Payments Email
 

Since my stealth name is similar to my real name would you recommend me using my real name and my ssn when signing up for MP? Will this link me to my suspended account? Also will I still keep my stealth name for the ebay name only use my real name when signing up for MP?

Re: Managed Payments Email
 

You're wrong in some of this.

It is eBay that enters in all your information into the Ayden terminal, therefore they have access to all of your info, and knowing eBay, will farm and store as much of it as they can.

https://docs.adyen.com/marketpay/onb...d-verification

Re: Managed Payments Email
 

I would love for someone that has signed up for MP to confirm that the link to sign up for MP through Ebay is just Ebay grabbing the info, then "entering this information into Adyen terminal ". I find it hard to believe that they have honest competent people to do this... they're usually barely smart enough to answer a simple question.
If this us indeed true, Ebay will link every account, hold SSN numbers which really stretches the legality of a non-bank, non-government organization and jeopardize sensitive information which will surely leak may create legal problems for them.

Re: Managed Payments Email
 

Here is the email I got what if I don’t sign up by July 15th will I still be able to use paypal?

Managed payments is essential to enhancing the buying and selling experience on eBay, providing sellers one place to sell and get paid, and buyers more ways to pay. eBay will manage payments for most sellers by the end of 2020. Your account will be enabled for managed payments starting late next month. You are required to register by July 15 to ensure there are no interruptions to your account.

Register now in three simple steps:
1. Verify your information
2. Provide a checking account
3. Don’t miss a beat and keep selling!

Re: Managed Payments Email
 

will all eb accounts have to convert to MP?

Re: Managed Payments Email
 

Thankfully i dont have to deal with all the Managed Payments drama because i live in the UK and i only have a personal Ebay account not a business account.

Re: Managed Payments Email
 

Well that makes me all fuzzy inside knowing that piece of information. Thank you.

Re: Managed Payments Email
 

It’s making it’s way to the uk mate