Ebay
- Thread starter NE5
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Soldato
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Curious why? Your bank details you provided aren’t useful for anything other than putting money in your account.
As for eBay really don’t like the extra wait for my money!
I haven't updated mine yet as haven't had any £1 final fee promos for a while, although apparently they've changed those now and you need to update your details to receive the new offers.
Guess they can now pull the money straight out of your account if someone puts a dodgy request for a refund in but you couldn't really fight those through PayPal anyway and you'd just cause yourself a lot of hassle by refusing to pay.
Guess they can now pull the money straight out of your account if someone puts a dodgy request for a refund in but you couldn't really fight those through PayPal anyway and you'd just cause yourself a lot of hassle by refusing to pay.
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paypal and ebay are one and the same aren't they?
Caporegime
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No. PayPal was seperate. eBay bought PayPal or the other way around and then they parted ways again. So they are now seperate like the beginning.
Elon musk owned PayPal at one point.
I'm trying to work out how that works. If you sell, your payment goes straight into your bank, but if you buy you still use paypal to process the purchase ?
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payouts and checkouts
but yeah I see it, If they are paying you and it goes into your bank account where does paypal come into it from the buyer point of view?
but yeah I see it, If they are paying you and it goes into your bank account where does paypal come into it from the buyer point of view?
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Jamie Oliver and his Chilli Jam?
There's not going to be anymore £1 final fee. I had to update my payment details to get the 80% off final fee offer which works out better for me.
Soldato
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is that a fact about the £1 offers?
I've heard students can still get the £1 fees but don't quote me on that...
The new managed payments system is only poor because of the delay in payments actually reaching you. I sold something the other day, it was close to 2 full days until my funds were available to pay out, it then took a further 36hrs (ebay quotes 0-4 days for this) to hit my bank account. So it could take up to a week to get your money as opposed to having instantly through Paypal, I believe they only process payments Monday to Friday too.
I can't understand why it is so slow but am guessing it's so they can get the interest.
The new managed payments system is only poor because of the delay in payments actually reaching you. I sold something the other day, it was close to 2 full days until my funds were available to pay out, it then took a further 36hrs (ebay quotes 0-4 days for this) to hit my bank account. So it could take up to a week to get your money as opposed to having instantly through Paypal, I believe they only process payments Monday to Friday too.
I can't understand why it is so slow but am guessing it's so they can get the interest.
It's also so if a buyer has an issue they can insta deduct the disputed amount from your payout, annoying really
Trust, or put a ridiculously long dispatch time of like 7 working days
It feels like a backwards move imo. Gone from instantly being paid to waiting days and days, especially as they don't pay out on weekends or bank holidays. If you have a long dispatch time it will just put off buyers, so you end up sending items out hoping the buyer doesn't complain for some silly reason and get the payment frozen. ebay fees are already high and its just them trying to grab even more of the pie.
I am surprised Paypal and just going to sit back and accept losing 2.9% on all ebay sales, plus the amount of money from that just sitting in peoples accounts that they gain interest on. Paypal have the payment system with everyone already registered so I would imagine they could start their own ebay competitor relatively easily.
I am surprised Paypal and just going to sit back and accept losing 2.9% on all ebay sales, plus the amount of money from that just sitting in peoples accounts that they gain interest on. Paypal have the payment system with everyone already registered so I would imagine they could start their own ebay competitor relatively easily.
Caporegime
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PayPal don't need to do anything they lost eBay so what. Everyone else still uses them.
PayPal will make more from PayPal credit than worry about entering a new market to get that few percent lost from eBay.
Plus they can likley reduce staff now that eBay is gone I bet 99% of their complaints is from eBay customers