| |  | | | jackdanielsbtch | 07-19-2020 07:31 AM | DON'T sign up for managed payment July 15 is deadline if you were invited. Spoke to many reps, they will "try" to block people from making new listings. Most reps think by late July. Few reps even said it might be Aug, Sept., Oct or even later before they actually stop you from making new listings.
There is no benefit to register now. Once they block you from making new listings (if they even do), then you can just register then. It's like selling fees. If it's late and past due, who cares. Eventually they will block you from listing. Then as soon as you pay them, you are back to normal.
Looks like MP backfired for ebay. They were hoping everyone would sign up by threatening them "sign up or you can't sell". But the truth is a good % of people (hundreds of thousands) of accounts have not signed up. I heard some idiot on here say 50% of ebay is stealth (lol trust me it's not true). The issue is some people don't want to give their social, but the biggest issue is most people don't want to give their bank and allow ebay to control it.
What eBay was hoping is a small percent of people won't sign up (say 10,000 accounts), then they would block those 10,000 accounts from listing, at which point maybe 7,000 signs up then and 3,000 just leaves/doesn't sell again.
But the truth is maybe 100,000-250,000 accounts that got invited never signed up. If they block all those accounts and assuming the same 70% eventually sign up and 30% leave...then well 30% of 100,000 or 250,000 is way too big of a hit for ebay.
Now signing up.....
Ebay uses a payment processor to verify your info. Payment processor is a separate company so they don't have an ebay ban list so that is good.
But to sign up, your SSN and bank name has to match your ebay account. So while you can sign up for managed payment easily, once your change your ebay info away from stealth and into real and if you had a real account banned...then obviously ebay can link you and ban you again. This won't be instant. Ebay can take a few weeks to link accounts.
Better not to sign up and wait to see if anyone that was banned before and now they changed their account to real gets linked and banned again. |
| CaptainComedown | 07-19-2020 07:41 AM | Re: DON'T sign up for managed payment Do you have a source for those figures? of people not signing up etc? I'd be curious to see it, as I kinda thought this might happen. Ebay has a terrible reputation and most people consider Paypal to be the most trustworthy part of it |
| littleredengine07 | 07-19-2020 07:44 AM | Re: DON'T sign up for managed payment It shows eBay can’t even run their core business properly. It’s absolutely sad. Instead of bullying the very people that feed you. Maybe you should give the seller the choice and option. Slowly ease people in. I hope ebay does take a hit. So they might wake up. You give buyer the choices to pay, why not the seller? |
| yankee | 07-19-2020 10:14 AM | Re: DON'T sign up for managed payment I have accounts on MP and I like it. I also have three accounts on paypal that I do not want to change over. I will wait until I absolutely have to. |
| slokor | 07-19-2020 10:51 AM | Re: DON'T sign up for managed payment It always struck me as odd that ebay threatens to block people from creating new listings - and prevent themselves from getting the income generated by the listings they will block people from creating.
Not a very good business model to tell people to NOT use your platform. |
| yankee | 07-19-2020 11:48 AM | Re: DON'T sign up for managed payment Quote:
Originally Posted by slokor
(Post 1106554)
It always struck me as odd that ebay threatens to block people from creating new listings - and prevent themselves from getting the income generated by the listings they will block people from creating.
Not a very good business model to tell people to NOT use your platform. | The newest thing on their daily call is ask you to sign up while on the phone with them.
They are definitely putting a lot of resources into switching people over. |
| prodigyace | 07-19-2020 11:57 AM | Re: DON'T sign up for managed payment Has anyone actually been banned using their real info if you were banned 4+ years ago and you're running the accounts good? |
| littleredengine07 | 07-19-2020 12:59 PM | Re: DON'T sign up for managed payment Has anyone tested by not signing up for MP are you still able to list? (For those who got the notice.) In my opinion ebay rushed the whole process without thinking if sellers would be comfortable. If ebay wants to keep up with amazon they should of focus on on time and fast delivery before going into payment processing. Maybe start doing fulfillment by ebay. Helping sellers instead of bullying them. It’s really stupid to force customers to use MP. Seriously we can’t even force people to wear a mask during Pandemic. |
| chimera | 07-19-2020 01:46 PM | Re: DON'T sign up for managed payment Quote:
Originally Posted by littleredengine07
(Post 1106562)
Has anyone tested by not signing up for MP are you still able to list? (For those who got the notice.) |
I can still list on two stealths that got the invite. I havnt signed up on either. |
| sardonicus | 07-19-2020 04:09 PM | Re: DON'T sign up for managed payment I think a lot of us have heard a lot of things from reps and other sellers. Myself included. No one knows for sure what is going to happen. Some of us have signed up for MP before the deadline and some have not. I think it's safe to say that we'll start seeing what ebay is and is not doing, regardless of what they have told us, in the next couple of weeks.
At least one thing the OP said is probably true for now...most stealth accounts, who have not signed up and were required to, will be able to list new items. Ebay will probably require them to sign up for MP whenever they activate it for their account. That may be in a few days, weeks or as the OP claims, months. If it doesn't happen in the next couple of weeks then he's probably correct. I suspect in the next couple of weeks we're going to see a lot of seller complaints who didn't register and now are being forced to do so. But that is my opinion based on what I was told. |
| gatokat | 07-19-2020 05:44 PM | Re: DON'T sign up for managed payment They recently made changes to the User agreement which will take effect on Aug 20, 2020. This might be an indication of when changes will be made for people who got the invite.
Key updates:
We've revised Section 6 labeled "Listing Conditions" to clarify that some listings will have pre-determined or new payment processes.
We've revised Section 14 labeled "Managed Payments" to clarify the payment entity services.
We’ve revised Section 18 labeled "Legal Disputes" to update our agreement regarding arbitration proceedings. |
| kane lynch | 07-19-2020 06:11 PM | Re: DON'T sign up for managed payment I have been contacting eBay On Facebook and That’s what I been told below.
When we announced our separation from PayPal in 2015, switching to in house our payments was our goal! Ultimately, by the end of next year all sellers will be switched over to Managed Payments and it will be required in order to sell on the marketplace. We understand change is difficult for some and with change we know there will be an adjustment period. However, since we introduced the program back in 2018 our sellers who were beta testing and those who we’ve been slowly on boarding all find the manage payments is much smoother and are loving the new payment options. These options are available to buyers when they purchase from a managed payments seller. Depending on item category, the buyer will be able to purchase using Credit and Debit cards, Apple Pay, Google Pay (on the eBay app), PayPal, and eBay gift cards. Best wishes. ~Mary |
| gatokat | 07-19-2020 06:22 PM | Re: DON'T sign up for managed payment Quote:
Originally Posted by kane lynch
(Post 1106602)
I have been contacting eBay On Facebook and That’s what I been told below.
When we announced our separation from PayPal in 2015, switching to in house our payments was our goal! Ultimately, by the end of next year all sellers will be switched over to Managed Payments and it will be required in order to sell on the marketplace. We understand change is difficult for some and with change we know there will be an adjustment period. However, since we introduced the program back in 2018 our sellers who were beta testing and those who we’ve been slowly on boarding all find the manage payments is much smoother and are loving the new payment options. These options are available to buyers when they purchase from a managed payments seller. Depending on item category, the buyer will be able to purchase using Credit and Debit cards, Apple Pay, Google Pay (on the eBay app), PayPal, and eBay gift cards. Best wishes. ~Mary | I'm sure it would be wonderful, unfortunately some people on this forum have some "minor" inconveniences to get into the program. |
| chicagoIL | 07-19-2020 11:16 PM | Re: DON'T sign up for managed payment They are asking for a lot of information that is going to be shared with the payment company along with running credit reports, etc.
Not happy about it. |
| kane lynch | 07-20-2020 05:36 AM | Re: DON'T sign up for managed payment I’m not registering and giving my bank account details away to eBay and let them share my information with different payment company so I’m out of eBay if I can’t sell fook them I’ll sell on Facebook marketplace. |
| kane lynch | 07-20-2020 10:23 AM | Re: DON'T sign up for managed payment Who removed my post? Why remove it don’t understand its all over the internet Facebook and YouTube so if eBay wants to see it they can see it on other platforms. Haha |
| JamesNorth101 | 07-20-2020 10:48 AM | Re: DON'T sign up for managed payment Quote:
Originally Posted by kane lynch
(Post 1106690)
Who removed my post? Why remove it don’t understand its all over the internet Facebook and YouTube so if eBay wants to see it they can see it on other platforms. Haha | I removed it because he is a giant scammer and doesn’t need any further publicity from us |
| kane lynch | 07-20-2020 02:53 PM | Re: DON'T sign up for managed payment Oh right understand |
| glacier922 | 07-21-2020 12:54 AM | Re: DON'T sign up for managed payment I always knew that if everyone stand their ground and refuse whatever eBay pushes on us, we win. Strength in numbers. Kind of like when all of Microsoft's Xbox one drm policy, the backlash that ensued, made Microsoft walk back on its policies. And let's face it, Microsoft is way the hell bigger than ebay. If the crowd can make Microsoft walk back, eBay sellers can do the same. |
| jieta2 | 07-21-2020 09:08 AM | Re: DON'T sign up for managed payment Sellers have no chance of changing Ebay's mind. Ebay serves it's shareholders and sees MP as a huge, profitable win. A relative handful of stealth sellers out on the fringe of their business are not going to change a process that's already been put into place. Don't be mistaken in thinking so just because 7/15 has come and went. |
| kane lynch | 07-21-2020 11:14 AM | Re: DON'T sign up for managed payment Right guys just seen a new video on YouTube this might help the video is blurry can’t really see clearly what he’s doing. Link below. |
| JamesNorth101 | 07-21-2020 11:20 AM | Re: DON'T sign up for managed payment He is still a giant scammer... there is a reason he had to leave the UK
Please stop linking to his YouTube again he doesn’t need more victims |
| kane lynch | 07-21-2020 11:26 AM | Re: DON'T sign up for managed payment Quote:
Originally Posted by JamesNorth101
(Post 1106894)
He is still a giant scammer... there is a reason he had to leave the UK
Please stop linking to his YouTube again he doesn’t need more victims |
He uses this forum he does. |
| JamesNorth101 | 07-21-2020 11:29 AM | Re: DON'T sign up for managed payment I know he does. He used to scam a few people here. Doesnt happen anymore though hence all the youtube videos |
| littleredengine07 | 07-21-2020 11:31 AM | Re: DON'T sign up for managed payment Quote:
Originally Posted by tinsoldier
(Post 1106813)
It’s happening, their agreement with PayPal even expired this weekend. Get used to it and prepare rather than sobbing. |
I agree with tin. It’s happening BUT if enough sellers in the marketplace do band together. eBay will rethink its strategy. eBay is a for profit business. If it’s revenue drops by even 30% what do you think share holders are going to say. The economy isn’t booming during covid19. eBay knows it. Honestly they should slowly ease sellers in instead forcing.
Everyone knows eBay changes their strategy every 3 months. The right hand doesn’t know what left hand is doing. Half of the time you call up support their foreign support center gives misinformation.
No offense the back office needs to concentrate on implementing a better marketplace for everyone. You want to convert buyers to sellers and sellers to buyers. Stability and consistency which eBay does not have.
eBay seems to be replicating amazon but imo is stupid. Amazon has better execution on all fronts. eBay use to be good with niche markets but with all changes and inconsistency. I believe a lot of sellers left or stop selling on eBay. |
| jieta2 | 07-21-2020 12:11 PM | Re: DON'T sign up for managed payment It is inconceivable that Ebay would ever have a 30% drop in revenue. Their profit is growing...
"In June, eBay increased its Q2 earnings forecast due to better results than forecasted amid the coronavirus."
and MP is a big profit center for them...
"We have already seen incredible momentum with managed payments, and we expect it to deliver $2 billion in revenue and $500 million of operating income in 2022.”
There's no reason for Ebay to change their plan. Sellers have to accept that. |
| littleredengine07 | 07-21-2020 12:31 PM | Re: DON'T sign up for managed payment Quote:
Originally Posted by jieta2
(Post 1106907)
It is inconceivable that Ebay would ever have a 30% drop in revenue. Their profit is growing...
"In June, eBay increased its Q2 earnings forecast due to better results than forecasted amid the coronavirus."
and MP is a big profit center for them...
"We have already seen incredible momentum with managed payments, and we expect it to deliver $2 billion in revenue and $500 million of operating income in 2022.”
There's no reason for Ebay to change their plan. Sellers have to accept that. |
Nothing is inconceivable. Did you ever think Americans will wear masks and us economy shutting down.
Even in your quote we EXPECT to deliver 2 billion in revenue. It all depends on Revenue. If they can’t make Q2 profits then they will change course. |
| kane lynch | 07-21-2020 12:34 PM | Re: DON'T sign up for managed payment Quote:
Originally Posted by jieta2
(Post 1106907)
It is inconceivable that Ebay would ever have a 30% drop in revenue. Their profit is growing...
"In June, eBay increased its Q2 earnings forecast due to better results than forecasted amid the coronavirus."
and MP is a big profit center for them...
"We have already seen incredible momentum with managed payments, and we expect it to deliver $2 billion in revenue and $500 million of operating income in 2022.”
There's no reason for Ebay to change their plan. Sellers have to accept that. |
Mister expert How do you know that? I’m sure eBay will lose out most sellers specially the beginner sellers that are new on eBay And they’re retards if they’re planning off getting rid off new sellers and I have been hearing eBay system is easy to hack and it has been hacked before. |
| ithelps | 07-21-2020 01:57 PM | Re: DON'T sign up for managed payment MP is going to happen and if you think there are that many stealth account in their marketplace, then you're wrong. I can assure you that there aren't that many stealth accounts left in their marketplace since eBay enhanced their security and the aspkin forum isn't as big as many on here thinks. Yes, there's a lot of stealth accounts and there's an even larger amount of real accounts.
The only people not excited about MP are people who rely on stealth accounts to run their business. |
| connor5848 | 07-21-2020 02:02 PM | Re: DON'T sign up for managed payment Quote:
Originally Posted by jieta2
(Post 1106907)
It is inconceivable that Ebay would ever have a 30% drop in revenue. Their profit is growing...
"In June, eBay increased its Q2 earnings forecast due to better results than forecasted amid the coronavirus."
and MP is a big profit center for them...
"We have already seen incredible momentum with managed payments, and we expect it to deliver $2 billion in revenue and $500 million of operating income in 2022.”
There's no reason for Ebay to change their plan. Sellers have to accept that. | THIS!
Love the people that think MP is going to cripple eBay...
As much as we may hate it, it is a strategic decision that will leave them off much better. |
| JamesNorth101 | 07-21-2020 02:15 PM | Re: DON'T sign up for managed payment Quote:
Originally Posted by ithelps
(Post 1106933)
The only people not excited about MP are people who rely on stealth accounts to run their business. | You might want to take a read of the eBay forms because there’s a lot of people on there that are not very happy about it |
| ithelps | 07-21-2020 02:31 PM | Re: DON'T sign up for managed payment Quote:
Originally Posted by JamesNorth101
(Post 1106936)
You might want to take a read of the eBay forms because there’s a lot of people on there that are not very happy about it | Nope. What people say doesn't matter. I look at real data and numbers. Not ⊗⊗⊗⊗ data and numbers. |
| littleredengine07 | 07-21-2020 02:33 PM | Re: DON'T sign up for managed payment Quote:
Originally Posted by ithelps
(Post 1106937)
Nope. What people say doesn't matter. I look at real data and numbers. Not ⊗⊗⊗⊗ data and numbers. |
Numbers can be biased. Revenue is what matters at the end of the day. If people are complaining it means they aren’t executing it correctly. |
| kane lynch | 07-21-2020 02:36 PM | Re: DON'T sign up for managed payment Quote:
Originally Posted by ithelps
(Post 1106933)
MP is going to happen and if you think there are that many stealth account in their marketplace, then you're wrong. I can assure you that there aren't that many stealth accounts left in their marketplace since eBay enhanced their security and the aspkin forum isn't as big as many on here thinks. Yes, there's a lot of stealth accounts and there's an even larger amount of real accounts.
The only people not excited about MP are people who rely on stealth accounts to run their business. |
So you think eBay are trying to Get rid off the new sellers? Okay and that’s a good fact eBay business will claps And down fall because they suspend real accounts for nothing and then people have to go stealth way and there are the dumbest company for doing this and I bet u they will go back running to PayPal. |
| JamesNorth101 | 07-21-2020 02:40 PM | Re: DON'T sign up for managed payment Quote:
Originally Posted by ithelps
(Post 1106937)
Nope. What people say doesn't matter. I look at real data and numbers. Not ⊗⊗⊗⊗ data and numbers. | You said that it was only people with stealth account complaining
That’s simply not the case lots of long-term members on eBay with real accounts are also complaining.
That has nothing to do with numbers |
| ithelps | 07-21-2020 02:42 PM | Re: DON'T sign up for managed payment Quote:
Originally Posted by kane lynch
(Post 1106939)
So you think eBay are trying to Get rid off the new sellers? Okay and that’s a good fact eBay business will claps And down fall because they suspend real accounts for nothing and then people have to go stealth way and there are the dumbest company for doing this and I bet u they will go back running to PayPal. | Let's just say if I was in eBay shoes right now, I would not do things any differently.
Yes, things can change; but at this point, it's unlikely and anyone with real business experience would know what I'm talking about. |
| JamesNorth101 | 07-21-2020 02:43 PM | Re: DON'T sign up for managed payment You are making absolutely no sense...
I’ve simply pointed out to you that it’s not just stealth users that have a problem with managed payment. | | All times are GMT -5. The time now is 02:03 AM. | |
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