Ebay seller payments change

Pudsey Bear

Pudsey Bear

Full Member

Messages
12,505
So now they will make more money out us by getting us to do what a computer has been doing previously if we're a bit on the slow side.


1735711129267.png
 
I don't understand what point you are making here? what exactly is it that eBay is doing here that is either making them money or causing you a problem?
 
Iunless you withdraw your money, they make interest on it till you do.
 
Pudsey Bear said:
Iunless you withdraw your money, they make interest on it till you do.
Click to expand...
So. And when the typical payment method was via Paypal, the exact same thing was true, except the money was in your Paypal Account and you had to do a transfer.
Just go to your eBay account, click the relevant buttons and it is transfered to your chosen account. How hard is that?

This ebay payment system has been like this pretty much since they switched from Paypal quite a while ago. FWIW, I actually prefer it as it is now as it makes it nice and simple to pay for postage without having to go to another payment provider. I keep some funds in the eBay account to cover postage and transfer the rest to the bank.

In fact, just to point something else out ... since eBay went to their own internal payment system and moved from Paypal, the money you will have got from a sale will be more than before as eBay are not charging transaction fees whereas Paypal did. So any interest you may be missing out on, even if you left it in the eBay Account for the upto 3 months before auto-transfer will be less than it would have cost you for the PayPal fees.
 
Last edited:
Ok, but I have never offer Paypal as an option and even so I only pay by Paypal online so there is usually never a balance to withdraw so irrelevant in my case, Ebay always paid in 5 days or so, I miss your point.
 
Pudsey Bear said:
Ok, but I have never offer Paypal as an option and even so I only pay by Paypal online so there is usually never a balance to withdraw so irrelevant in my case, Ebay always paid in 5 days or so, I miss your point.
Click to expand...
So if you sold some something on ebay, how did the buyer pay for it? They have only done the payment transations themselves fairly recently. Is it the fact that you have to actually have to initiate the transfer yourself?
So you want to sell on eBay, pay no fees for doing so and pay no money transaction fees and have the nerve to say eBay is ripping you off by not doing something it would take you seconds to do yourself?
 
I let the buyer pay ebay, they take their cut and pass it on which is fair enough, now they want to hang on to it until I transfer it, instead of just doing what they have been doing, do you imagine some person in and office doing the transfer or somethign, it is all done automaticallu in lcuding the delay to take a tiny bit of interest.#


Now if you're happy with that, fine, I'm not.
 
Pudsey Bear said:
I let the buyer pay ebay, they take their cut and pass it on which is fair enough,
Click to expand...
except they DON'T take their cut - what the buyer pays goes to your account 100% now with no fees.

Pudsey Bear said:
now they want to hang on to it until I transfer it, instead of just doing what they have been doing, do you imagine some person in and office doing the transfer or somethign, it is all done automaticallu in lcuding the delay to take a tiny bit of interest.#
Click to expand...
It is not a delay, it is just a eBay policy how it is done. Don't like it, don't use eBay. simple.
Jeeze, how much interest do you think you would even be missing out on and how does that compare to how much you are actually gaining by eBay no longer taking a cut of the payment made by the buyer?

Of course it is automated, I am talking about you getting off your furry behind and pressing a button to transfer it.
If you want to moan about something real, how about insurance companies charging admin fees for doing nothing? I just took out a new car policy and if I want to make any changes, there is a £15 "admin fee" for the change - and it is a self-service policy where I am the person going on-line to make the change. That is daft, but I took out the policy anyway as not planning on any changes.

Pudsey Bear said:
Now if you're happy with that, fine, I'm not.
Click to expand...

Yup, I am fine by it as the real cost to me of their policy is nothing, zilth, nada, nowt, nicht, sweet fa.
 
Ok, no need to keep on about it, move on, nobody died, I made a very simle post but you seem really offended by it.
 
We'll have to agree to differ on this one David.
 
Some one elses turn at getting a ear bashing rather than me, poor we bear, i must say david is correct as i found out selling 5 model aero engins at xmas, had to hunt through the settings to transfare monies to my bank after a few days, not easy for someone new to the setup.
 
trevskoda said:
Some one elses turn at getting a ear bashing rather than me, poor we bear, i must say david is correct as i found out selling 5 model aero engins at xmas, had to hunt through the settings to transfare monies to my bank after a few days, not easy for someone new to the setup.
Click to expand...
I would agree that eBay could make it easier in terms of providing a specific link to go to your payments account rather than being in a menu nest, but in terms of making you lose out financially, it really is not the case.
 
wildebus said:
I would agree that eBay could make it easier in terms of providing a specific link to go to your payments account rather than being in a menu nest, but in terms of making you lose out financially, it really is not the case.
Click to expand...
Where did I say "making me lose out financially" David? I didn't because I don't lose out, I said they make if we are slow to withdraw.

But I think this has gone on long enough.
 
Pudsey Bear said:
Where did I say "making me lose out financially" David? I didn't because I don't lose out, I said they make if we are slow to withdraw.

But I think this has gone on long enough.
Click to expand...
If you don't lose out financially, but eBay make money, what's your problem in the first place?
 
Something that I wasn't expecting - but maybe costing eBay too much after removing selling fees ....
Got an email an hour ago about this - https://pages.ebay.co.uk/buyerprotection

From 4th Feb, Private Sellers will still be able to sell at no cost, but the BUYERS will be charged 4% (plus 75p) on their purchase :( So in effect, fees have been reintroduced.

St3v3 said:
If this practice allows them to keep zero selling fees then I'm 100% OK with it.
Click to expand...
Same difference as before really now in many ways ... previously, if say you sell item XYZ and you want to make £20, when they had fees for selling, you would list it at £20 plus whatever the charges might work out to be.
Now there are no SELLER Fees, to make the £20, you put it up for £20, but the buyer pays the fees (so will pay £21.55 and not £20)
Doesn't really matter how you cut it, the buyer pays one amount and the seller receives a lesser one.

I had wondered how eBay could fund being a free marketplace for private sellers and I guess they couldn't.

If you are a non-private seller, then the buyer of your items will NOT be charged any buyer fees, but you get the business fees charged as before.
I think it still works out better for the private seller than before though? I sold something on eBay about a week before they removed the private seller fees and I got charged £8.82 on a £64.44 sale, so got £55.62 in my account.
Now if I posted that up for sale with the new scheme, I could put it up for say £60.00 and the buyer would pay £63.15. So compared to pre-free seller fees, I would get £4.38 more and the buyer would pay £1.29 less. So not as good as currently, but still an improvement on how it was with the buyer fees it seems.
 
Last edited:
You must log in or register to reply here.

Users who viewed this discussion (Total:61)

Back
Top