5 Things You May Not Know About eBay Managed Payments

[@piewhackit2me]

Switched to selling Marketplace local.No Shipping no fees and best of all no dealing with EBay BS.Cash/carry

[@flyingdutchman7585]

I see a huge problem with Ebay having both your SS# and bank account number and other personal information in one place. Lets not forget that Ebay has been hacked on a couple of occasions and the only thing that limited the damage was that PayPal information wasn't. So while they got customers names, log in's, and all the other info you gave to Ebay, your financial info was secure because of different log in's required by PayPal. This safety net will now be gone. I see Ebay becoming the hackers business of choice and believe me, if they do get hacked, Ebay will do everything it can to keep that info from leaking out. I would have a separate account for Ebay only, just in case. It's going to happen, question is how soon and how bad it will be.

[@jphifer5152]

Double Exactly

[@allthingsdarrelld]

triple exactly

[@allthingsdarrelld]

ALERT!!!!! For everyone who have not yet been given a deadline to sign up for MP. I have chosen not to sign up and my deadline was 12-15-20. Since then i have not been able to list anything but i had several "buy it now" listings still in place. To this day they still run consistently and are under the previous policy and i still receive payments thru payapl. Had i known this beforehand, i would have listed a ton more "buy it now" items. You may want to take advantage of that while you still can. I hope this can help some sellers.

[@eyesee1212]

@@allthingsdarrelld They are also holding your money for ransom if you have not updated your account they did it to me, so I went to transfer the money back to the buyer I had to put in my credit card to pay the seller back even though ebay had the money the seller paid with paypal. That's okay they didn't get my personal information. I went back in and removed my credit card number after the seller was refunded. I will be reporting them to the taxation department because, I'm sure tax know what your selling by your paypal account. And by the way I'm in Australia

[@allthingsdarrelld]

@@eyesee1212 Opened an account on Depop which is basically a smaller version of ebay and so far i am enjoying it with no issues. they charge a flat 10% and collect it immediately after the sale is made so no huge monthly invoices.

[@paulhaggard8237]

You must be fulltime, my funds have been on hold for 3 weeks, sold another item and that money is on hold for 3 weeks and so on.

[@FlippinAintEasy]

Yes. If you sell infrequently then this will happen

[@willdatsun]

if you sell large things that have to be picked up, furniture, lawnmower, car, where someone is paying cash, are ebay charging more with this new system, since the payment fee is now built into the sale price, ?

[@LaurenDayMakeup]

I just moved over to managed payments. Thank you for this information

[@FlippinAintEasy]

Thanks for watching!

[@farmersteve661]

Dude ... they can debit my bank account ? I can see problems with that .

[@FlippinAintEasy]

They can but they would only do so if you owe them money.

[@edennis8578]

@@FlippinAintEasy That isn't comforting. How many times have they overcharged sellers? What about refunds? I have daily payouts and I pay bills with that money. So what happens when somebody wants a refund for $700 and I don't have money in pending funds or my bank account? According to the policy page, it sounds like it would just be tacked onto my monthly bill. That's fine; I just don't want Ebay to overdraw my bank account.

[@FlippinAintEasy]

@@edennis8578 they give us up to 14 days to give us time to prepare for that happening. It happened to me once and thankfully I had money in my checking account to cover it.

[@Jsellers1965]

As of today, My ebay account was suspended until I signed up for Ebay Managed Payments. I could not list or change quantities until I signed up. So basically I had no choice. Has this happened to anyone else?

[@FlippinAintEasy]

Yes, it has happened to quite a few. If you sign up and provide this information, they will not unlock your account right away until your managed payments account is processed from what I understand.

[@davidoppedal5598]

YES! And it's so frustrating trying to get this simple sign-up to work so I can start selling again. I've been trying to switch to ebay's Managed Payments since Dec. 9th. I updated / verified my two items provided for verification DOB and SSN and each time this message appears: "Sorry! Something went wrong. Please try again later" I had ebay call me at least 5 times now and each "tech" takes me through the very same process step by step to get me enrolled in MP. Each time same red banner Sorry! Try again later message. 3rd Agent call back I was told 48 hours at the most and they will have the bug fixed...nada. Anyone else seeing this?

[@FlippinAintEasy]

@@davidoppedal5598 I’m not at all surprised.

[@GiveWithLove]

Yes it just happened to me today. Now I'm stuck, because I am extremely hesitant to give my personal info.

[@michaelcavallaro5064]

Did you get an email about new payment terms yesterday ?? Effective 2/1/21

[@FlippinAintEasy]

I did check it out. I didn't notice any big changes however (but maybe I missed something in the legal speak that they use).

[@robweiss7777]

I primarily sell coins, currency and bullion on eBay and have so for over 20 years. I have read on ebay site that these are items that are not supported by managed payments. What has anyone else experienced with these items and managed payments? Thanks, Rob

[@FlippinAintEasy]

I know they have been working to allow for these to be sold on ebay with Managed Payments thus part of the delay in getting everyone moved over.

[@donnaherrlinger8685]

great video as always John

[@FlippinAintEasy]

Thank you for watching!

[@juliodiaz8280]

What percentage does Ebay charge on shipping? Meaning if I have an add saying $60 item and buyer pays $50 on shipping?

[@FlippinAintEasy]

Ebay will calculate the fees against $110 if you have a $60 with $50 shipping. This would end up being somewhere around $15 in fees as a rough estimate.

[@MikeMike-qw3uk]

So in that case I can still sell those item which I already listed there and still I can receive my payment

[@FlippinAintEasy]

When you switch from Paypal to Managed Payments, the process is seemless. You will still be able to receive payment for the items you sell right now, except the money goes straight to your checking account.

[@mikeyfjune]

New Ebay seller here. Been selling for a few months and had to do my first refund do to the item being lost in the mail. I've issued the refund but now my available Ebay funds are -70.00$ I dont understand why it would be negative because I paid for the refund with my available funds and some out of my bank account. Why is it showing negative 70$ in my available funds?!

[@usedcomputersdotorg]

Has anyone had any experience with local pick up, currently with local pick up I expect the buyer to pay cash when they pick the item up.

[@FlippinAintEasy]

ebay does have a process in place for local pickup to replace the need for a tracking number however I have never used it. I am not all that big on local pickups.

[@rhaelyn1669]

That is actually possible, that buyer pays when they pick the item up if you agreed on that but some buyers do not agree to that as they will not be protected under eBay Money back if something's wrong with the item.

[@MikeMike-qw3uk]

I am new on eBay do I have to sign manage payment or I can refuse please let me know.

[@FlippinAintEasy]

This is the number 1 question I receive when it comes to managed payments. As soon as ebay sends you a message along with a date you need to switch over, you are obligated to do so. If you do not provide the requested information to enroll in managed payments by the date specified by ebay, then you will not be able to list new items on ebay until this has been resolved.

[@MikeMike-qw3uk]

@@FlippinAintEasy Thanks for replying back in that case I can still sale my item whatever I list it already and money comes to me

[@SandySez]

Mike I just returned (3 months ago) after not selling for 8 yrs. I started getting MP notices right away, My deadline was 1/22, I now have a 'Final Notice' of Feb 1st. I have a few listings still up. I'm fairly certain I will not be able to complete a transaction now until if/when I comply with MP. You can buy some time, but not much. They WILL impose a deadline.

[@w8what575]

Also, eBay was bought out by a Chinese corporation..convenient huh

[@donnagreenan5088]

Hi Jon thank you for a great video. I'm going to start selling soon so I'm trying to get as much information as possible.

[@stevejeffries1603]

Gòod vid Many thanks

[@FlippinAintEasy]

Your welcome. Thanks for watching.

[@Itsme83.]

I have daily payouts but why does the payout day keep changing? First it said the 10th, now it says the 11th. I have available funds but the payout day keeps changing. I don’t like this

[@reinaldoestevez]

my friend, what about if you don't have a ssn, if i try by sole propietor it asks for it, if i go by legal entity ask for EIN, is this a checkmate for us? (sellers with american bank account and paypal, who sells since 2005) on ebay.

[@jimmyjambhere]

I hate the new managed payment system!!!!

[@gregorydamienmech]

What if I close my dedicated "eBay checking" account before they have a chance to overdraft me in 14 days? eBay can't overdraft a closed checking account.

[@FlippinAintEasy]

Collection agency? They do have your social so maybe they go that route.

[@oliesplace3174]

I'm not happy with managed payments. I don't like shipping out "solds" before the payment hits my bank account.I supplement my Social Security on Ebay and if a buyer cancels an order shortly after purchase the possibility arises that the purchase will have already been shipped (I have next day shipping) and I'll be out the cost of goods plus shipping and fees. 🙁🙁

[@FlippinAintEasy]

Buyers can request to cancel, however you would just decline the cancellation along with the tracking number for the shipment.

[@jonm4802]

@@FlippinAintEasy correct me if I'm wrong but then couldn't they leave negative feedback saying you wouldn't cancel? Sounds like that's just begging for a neg or instant return. I always cancel to avoid either.

[@oliesplace3174]

@@jonm4802 Neither of these solve the problem if the item has already shipped. That's where the problem with managed payments concerns me 🙁

[@jonm4802]

@@oliesplace3174 well if you have already shipped it ebay does not require you to cancel it, in fact i believe they only have a few hours to actually cancel the order and request a refund, if you provide tracking info then your fine. except you may just get a return since they do not want it and you will be out your cost of shipping and their return label.

[@oliesplace3174]

@@jonm4802 Exactly. And shipping both ways can be expensive. It doesn't seem right that the seller should be responsible for these charges. 🙁

[@celestefriese570]

Am I ok to ship an item before the payment hits my bank account? Ebay has sent me a Payout ID# and a time frame of 1-3 days before it hits my account. I need to get this item shipped out today, but I've never sent an Ebay item out before the money was in my bank account. Thanks!

[@FlippinAintEasy]

You should always ship by the date eBay shows otherwise you hurt your account as that is a late shipment. I have sold thousands of items through managed payments and I’ve always been paid.

[@cheyenneallen4901]

I miss PayPal and I miss selling on eBay 🥺🥺🥺🥺

[@njtxus]

no way im staying on ebay

[@PrincessCelestia19]

I'm trying to figure out something. Say I sell something for $22 + $5 shipping. eBay will say something like $27 in funds awaiting transfer even after I purchased the shipping label. But when I get the money transfer it's less than what the funds say I'm supposed to get. Like $19. Why do I get less than what the funds tell me I'm getting?

[@FlippinAintEasy]

You final value fees are on the combined item plus shipping (and tax if the buyer lives in a state that has sales tax). If you are expecting to receive $5 for your shipping label it should be more like $4.40 when it’s all said and done.

[@Its.all.a.game.m8]

Sorry mate, but if you believe the not making interest from that money, them I’ve got a bridge to sell you

[@AlaskanInsights]

only problem I have had is when I get a payout and a return, not enough money so they dig into my paypal to take it.. I don't keep any money on paypal.. then paypal will either hit my bank or put it on the card. just annoying more than anything

[@tracybasile2416]

I have till the 1st of February. I absolutely do not do not do not want to switch to manage payments. I'm thinking about leaving altogether.

[@FlippinAintEasy]

Aside from not receiving your money right away, for me it is not that big of a deal. It was nice to be able to let that money accumulate in the Paypal account however. I understand, just don't allow this to keep you from selling. Good luck.

[@tracybasile2416]

@@FlippinAintEasy Thank you..

[@tracybasile2416]

@@themadman449 Thank you

[@FlippinAintEasy]

@@themadman449 I agree however it comes down to getting people to your product the same way eBay does.

[@SandySez]

@Tracy Basile I've been on the fence too. My 'Final Notice' says Feb 1at also.I was oblivious to MP! I'd JUST returned to selling after 8+ yrs, with plans to sell in steady trickles ongoing. Your concerns may be very different than mine (?). But while I'm sitting on the fence, I spent $50 to file for a Fictitious Name registration in my State, so that I can open a (eBay only) checking acct under that name, and all of the above is associated with my rental box address (not my private address). It's my personal and financial info security that concerns me the most. I figured if I decide AGAINST doing eBay MP, I can switch all my other online financial info to this new acct & info for the same security reasons and keep all of my personal financials offline. Still not sure it's worth the trouble!

[@Harnis.Maydan]

I am definitely removing my items from ebay. I am done selling with ebay.

[@stevejones8486]

Man there was just nothing better than the thrill of getting insta-cash soon as you heard that ching-ching notification.. Gonna miss it

[@jimmyjambhere]

Hell yeah!!! 💯💯💯💯

[@jaylenyousef146]

instablaster...

[@squirehaggard4749]

Ebay's new payment model: "The check is in the mail."

[@debkuhns4679]

With paypal, Im protected so i can ship soon as i see the payment. Now there is too much babysitting accts to wonder who's cards took how long to clear before going to ship it. then the buyer waits days before i can ship. If he hits return, the money is in limbo a month

[@FlippinAintEasy]

My advice Deb is not to wait to ship your items. The only way I would wait to ship is if you have your handling time set to 3 days and even then that is hurting you in search. This delay to receive payment is common in the retail world with sellers on Amazon, Poshmark and Mercari having even more restrictive processes. I don't necessarily agree with it however these are the rules of the game ebay is telling us we have to play by. I have been using Managed Payments since September of 2019 and other than once incident that was eventually cleared up, I have not encountered problems with this system. I hope you can as well but please be mindful of your metrics. If you wait for your payments to clear and send items late it can hurt your account. Good luck to you.

[@debkuhns4679]

@@FlippinAintEasy I usually ship asap when i see payment.BUt that is if it is PAYPAL backed. If sellers use other plans, Im not making accounts all over these different apps to find money and wonder if it is cleared?

[@virginiacaputo8291]

Thank you for your videos. We've been delaying signing up for MP but realize that we will get forced into it. And we don't want to quit ebay. One thing that ebay is doing regarding the deadline for MP is weird. I have received emails from ebay telling me that Feb. 28 is the deadline for us to sign up for MP. While I have received many messages on my phone from ebay telling me that I have to sign up for MP by July 15! They leave a number for me to call back but I called that # today and there is only a phone message with an instruction to choose #1 if I want to opt out. In the message that was left for us, the callback number was for if we have any questions about MP. BTW among the items that we sell are coins. Just a few but it's a regular staple of our inventory. On ebay in the MP information the coin category is still listed as prohibited in MP. ebay just does not seem to have its act together.

[@amrakarmaMisophoniac]

As a 'little guy' eBay seller for 15+ years I have to say, I HATE MANAGED PAYEMENTS! I made a sale last Thursday & the money will still not be in my account until tomorrow (Tuesday). 6 days to get my $! What a change from having my $ immediately in PayPal. Not cool with this at all.

[@FlippinAintEasy]

Unfortunately, unless we stop selling on ebay, there isnt much we can do to change it.

[@workbrandla1268]

I like your videos and they are really informative, Thank you. I love eBay and had a eBay store for a vary longtime now. So I have a question that no one mentions. PayPal scenario; when an item is sold your payment is almost automatics. So we ship the sold item as soon as the money is deposit and that give you a great sellers rate and then you get the discounts add ups at the end of the month and your sellers rate stay high. Now with the new "Managed Payments" are you not ship right away or until you receive your payment ? I'm asking cuz I haven't switched to the new "Managed Payments", my account has been suspended and I'm not able to add any NEW items. They suspended my account like 2 weeks ago but today was strange. I sold an item and the payment went to PayPal. My plans are to wait until all the kinks are fixed or close up my eBay account and spend the money my eBay service fees towards myshopify/Website like SEO's and google adds. Let me know what you think and keep up the great videos.

[@willhorton5991]

hi im from the uk ive change to to manage payments i think y should the customer wait for the item wen thay have paid wen a customer payed me with paypal i shipped out the next day i think ebay should at least release the shipping cost so u can ship it to the buyer keep them happy so thay come bck

[@FlippinAintEasy]

In a perfect world, ebay would have come up with a way to front the funds for the seller once the buyer has paid to allow you to do just that. Maybe they could have designed it as a perk for established sellers up to a specific dollar amount (lets say up to $100). Once you have sold on ebay for a year and have say 100+ transactions without any major defects you qualify for this program. I think most sellers aren't trying to scam ebay and even if they did, ebay has their social and checking information.

[@mariomartinez-it7hq]

Crazy eBay keeps changing the date on switching to the new payments way . ( they keep pushing the date up on me ) Unbelievable how eBay keeps doing whatever they want to do. You have no choice or your are out.

[@FlippinAintEasy]

I said from the start they were in over their heads.

[@ACDC4LIFE]

Payments from sold items go to my checking account ... But shipping fees are still coming out of my PayPal account ? Which are dwindling down to nothing since money’s not being sent there now from my sold items. How is yours setup ?

[@nanonunio]

You can change that so that the shipping money comes out of your pending paymentes.

[@ACDC4LIFE]

@@nanonunio - Thank you I’ll look into that.

[@FlippinAintEasy]

I have it set up to deduct from my Paypal account with my rewards credit card as the primary funding source. I then pay that balance off weekly from the funds in my checking. It is a little convoluted, however it accomplishes the same thing and allows me to rack up rewards while I am at it. You will be surprised how much you spend in shipping every month.

[@emabucur5009]

Great video! I’ve been on MP for 6 months and I love it. I want to share a nice experience with eBay :-) About a month ago a buyer requested to return an item almost 2 months after he received it, claiming he only used it 3 times and it’s no longer working. I declined it, and 5 minutes later I had a negative feedback and a payment dispute. I figured there is no chance to win it since it was “item not as described”, so I accepted and sent a refund. About 2 weeks ago I received an email from eBay letting me know that they decided to fight it on my behalf and I won. Apparently, the buyer (whose feedback was private) was doing this all the time.

[@FlippinAintEasy]

Great story. Thanks for sharing. I too have won a $1200 case with managed payments.

[@dharmadoll1]

I was told by ebay agent, that they add the shipping cost as part of the total cost and base their fee on both. That we now pay for ebay shipping labeling and shipping cost. This does not make sense to me. Can you help me.

[@FlippinAintEasy]

I can’t elaborate since I haven’t heard that before.

[@elizabethvisciano6817]

@@FlippinAintEasy This is in the "selling fees" information on eBay. Ebay is charging us the new 12.35% selling fee on the total sale, which includes the shipping and tax! This is not right!

[@summerhorse]

They have charged a fee on the shipping for a long time now and that is because people would list for $1 and charge $25, 50 or more dollars to ship. I don't have a problem with that because you then get a break in shipping fees when you ship through them. But I do have a problem with them charging US fees on TAXES collected for states. Money we have never seen and have nothing to do with.

[@FlippinAintEasy]

@@summerhorse the alternative would have been each seller would have had to send the sales tax collected for every state. Fees stink but it is much better than having to deal with all that.

[@marilynwilson2326]

Very helpful info. Thank you. I just got switched over about a month ago. So far, so good. I'm just curious how to handle partial refunds when someone pays too much for postage. Yes, I try to reimburse if I actually find a better shipping price for my customer. It's rare, but it happens. (I'm talking a few dollars, not cents.) Thanks, again.

[@FlippinAintEasy]

I appreciate your integrity regarding the issue of customers overpaying for shipping however please consider some things. Your time has value, the resources you use to make the customers experience of receiving the package costs money. Bubble wrap, air pillows, packing tape, boxes, polymailers, all cost money. To add to all of that, you are paying ebay fees on the shipping the customer has paid to you. If you are charging the correct weight and dimensions of a package and maybe the shipping comes out cheaper because of your ebay discounted labels, I would advise against giving partial refunds. While it is a nice gesture, customers will come to expect these things if enough resellers engage in this practice. If you still wish to do this, go to the item, select issue refund and the ebay tool should come up allowing you to issue a partial refund for the amount you specify. All the best to you going forward!

[@paintballgod33]

I usually only sell cheap sports cards and such and I haven't used my ebay in quite a while as I don't really want to ship during a pandemic. 1. Is the social insurance number only for high rollers that may have to pay taxes on ebay income? 2. So payments, both buyer to seller and vice versa, just go through actual bank accounts?

[@FlippinAintEasy]

Social is required for all eBay sellers. While a seller might sell only a few items now, they have no way to know if you might sell more in the future. Payments go from buyer to eBay, eBay removed the selling fees from the payment and within a few days processes the money to the sellers bank account.

[@paintballgod33]

@@FlippinAintEasy Ok. So pretty much I have nothing to worry about. I'll never make enough where the tax man wants me and the worse I can be is out a few bucks if someone scams me (which was a worry before this new managed payment thing. Ebay used to protect the sellers...now they are out to get the sellers.

[@nicholasmanfredi9298]

Good video 👍 I like managed payments so far. I have not had any issues and it seems like I have less fees then when I went thru PayPal.

[@nanonunio]

Indeed I think is good, lots of benefits.

[@FlippinAintEasy]

It seems this way, yet you save just a small percentage over Paypal.

[@crazeenydriver]

Hello Jon thank you for another great video. I have been in managed payments since July 2020 and thankfully I have had no negative experiences yet. So far so good. Rock on man!💰💰💰

[@FlippinAintEasy]

Thanks Joe! I still get the questions about managed payments thus the video. Thanks for stopping by to watch!

[@stevenssbargainbarn2294]

i think they should have one more option four payouts that you can keep funds in to you ready to transfer your funds and how much funds you like to transfer to your bank something like mercari does

[@nmurr6237]

Very informative video. Thank you!

[@FlippinAintEasy]

Glad it was helpful!

[@allthingsdarrelld]

Ebay could have easily put a system in place exactly like PayPal but instead chose to charge higher fees, assist scammers, & hold payments for ridiculous amounts of time. Goodbye Ebay! Hello (other no tax platforms)!

[@w8what575]

I wish someone would create another platform like eBay for used items and collectors item etc and with no taxes but since the gov finally got their greedy fingers into internet sales there’s always gonna be tax

[@allthingsdarrelld]

@@w8what575 there will always be other non-tax platforms, even if they don't last long. then you have garage sales, flea markets, & craigslist. right now facebook market place and instagram are goldmines.

[@debkuhns4679]

Since it is EBAYS problem and forcing us to not be able to be sure payments cleared, It is out right to not ship till cleared, always... and the buyers can yell at ebay for it.

[@mariomartinez-it7hq]

EBay caught up to my second act. Need to change over by the end of Feb.

[@FlippinAintEasy]

Good-bye Paypal....

[@dansanfrisco]

You make a good point about accounting and I might just change to weekly payouts for my own sanity.

[@followyourheart7818]

Subscribed. I like the fact that your beginning and ending music doesn't blare me out. People always have it blasting scares me and my dog, if it's late wakes others up and it's annoying. Thanks for the info, looking forward to more.

[@FlippinAintEasy]

Thanks for watching. I had complaints about the intro at first however I have since balanced everything out. It drives me crazy as a viewer when this happens.

[@sharonhorn2520]

Any one consider to switching to selling on Amazon I do not like this ebay managed payments just wondering not sure how amazon works for sellers but may look into it

[@FlippinAintEasy]

Amazon makes you wait two weeks to receive your payments on all items sold.

[@marcusdynastyresale4672]

Yes and you will also have some funds in reserve until a certain time. I sell on amazon not as green on that side as well.

[@benijen]

Ebay was better than Amazon....only sellers that have been selling since back in the day can get deposits every 24 hours

[@larrywardlow2777]

They are slowing down Sellers ability to grow. This will have negative impacts on people moving up quickly and having the ability to grab a deal that will give them returns of 1000% or more because they are still waiting on their money from an item they sold on friday night to clear and hit the bank account on a tuesday. I hope someone finds a way to sue ebay for damages and wins and forces this crap to be reverted back to paypal for payment processing. I guess im going to open up my own website to sell items. I should have done it years ago though.

[@shelleyadams1162]

Thanks for explaining, my question is about free shipping, on ebay are you required to do free shipping?

[@FlippinAintEasy]

No, you have a choice to charge it or offer free.

[@shelleyadams1162]

@@FlippinAintEasy thanks again, I'm getting ready to start selling on ebay,last time I did it was five years ago, and hoping to film for you tube.

[@babangapu8189]

The biggest fear of everyone is handing out your bank details to ebay. Everyone is saying its much easier to get hacked now and ebay has a decent control over you bank account, as you are actually setting up a direct debit with ebay. People want to open a new bank account for ebay if they will still use it. What is your take on this? People are too scared.

[@jonm4802]

They updated managed payments disclosure today....if I have a big sale I'll leave the money in my account until I get confirmation the buyer is happy. If you do not have funds they take it from your personal money!!

[@FlippinAintEasy]

You can request daily or weekly payments. Unlike Paypal, you cannot request to keep funds in your "available" balance. I would suggest keeping funds in your designated checking account just in case. If you are selling consistently, this wont be a problem for most people however.

[@edennis8578]

This is what ebay's mp page says, " If your pending and available funds are not sufficient to cover these amounts, we will charge your payment method on file (debit or credit card, and/or linked bank account) within 14 days." My payment method is my credit card on file. I would hope that they would charge my card, not reach into my linked bank account, which is usually empty.

[@FlippinAintEasy]

@@edennis8578 I have my credit card on file yet the one time this happened to me they hit my bank account.

[@loghome7061]

How do you pay for the shipping if you have no money in your bank account?

[@MrRonbo445]

I have always sold on eBay accepting PayPal only and stating that in my listings. Does that now mean I have to accept all forms of payment from buyers and how do I state that in my listings about what payments I accept.

[@RATED4EVER]

I don't think it matters what you state in your listings for payments as ALL funds will be going into your MP from ALL SALES that you make. I've ended ALL of my listings once I got the email stating that I need to enroll in MP by a specific date. All of these previous years selling on ebay, I've been including a NOTE stating which other sites that I sell on to inform my customers of these other buying/selling sites, which they otherwise wouldn't of known about, along with offering a ONE-TIME HIGH DISCOUNT to encourage my customers to start shopping for my items on these other sites. So far it hasn't brought in any sales, but at the end of the day all I can do is inform, offer, & advertise as I can't force anyone to purchase anything.

[@jonm4802]

That's why I use my regular bank acct. As there's always money in there to cover a ebay draw. Now here's my question if they do that and you refund the money do they refund your bank directly or do you lose 2x the return price. Example they with old $30 and you have no pending funds so they debit your bank. Then you refund $30 when you get item back. How do you get that $30 back they took immediately from your bank?

[@FlippinAintEasy]

Here is how it works. If the buyer opens a return on that $30 item, ebay will place a hold on any current funds you have up to $30. If you do not have enough funds to cover that $30, any future funds you receive from other sales go on hold until the $30 is recouped. That $30 stays in the "on hold" state until you (or ebay) processes the refund. At that time, if you still do not have enough funds to cover the $30, ebay, within 14 days will debit your checking account the remaining amount owed for that item. Now lets say ebay refunded the customer in error, and eventually they have to debit your account for those funds. Ebay will eventually send that money back to your account (if they decide the refund was sent in error or some other issue). There is no scenario I can think of where ebay would debit your checking account twice for the same refund. I hope that makes sense.

[@charlespagano9812]

Clarity!👍

[@FlippinAintEasy]

🙌

[@Daisy-oy9pn]

Great video my question about returns do they hold all the money or just the amount to be credited to the buyer?

[@FlippinAintEasy]

They only hold the amount the buyer has paid you (including shipping and taxes)

[@Daisy-oy9pn]

@@FlippinAintEasy Thank you!