Competition is good.........I hope https://www.marketwatch.com/story/e...-stock-soars-as-paypal-shares-dive-2018-01-31
Every single update Ebay implemented for past 10 years was bad for sellers. Constant increase in fees and less protection. Buyer's side was always strong, although they reduce Ebay bucks lately
Probably a delay. My guess is they’ll use intermediary status to make micro investments with our cash. Much in the way a bank does when it holds your checks for days. You better believe they will profit from this. I wonder if they will hold funds until delivery confirmation... that would be interesting... also gives them more leverage in handling disputes.
I still fear that eBay will continue to treat the sellers like dirt, as in your original example, but maybe PP was handling the disputes in many, if not most of the disputed transactions. On the positive side, it would seem the cost of using eBay should be less once the PP p**s-offs are out of the picture...
Yea i deleted my example but they do treat their sellers like dirt. Costwise If thats the case with fees going down then im all game (not that i have a choice)!
Well Paypal has been holding funds for 21 days. Doesn't matter that i despatch and ship on the same day (literally updating tracking within few hours of selling)...
Great news, PayPal is terrible. Absolutely the worst customer service imaginable. eBay probably need to restructure, many people can easily sell on forums or Craigslist for free these days, why give them 10% plus 3.4% PayPal fees. Lately, i've been selling on forums and putting a link to my eBay feedback for reference checks.
Dear watchdaddy1, eBay is happy to announce plans to further improve the customer experience by intermediating payments on our Marketplace platform. In doing so, eBay will manage the payments flow, simplifying the end-to-end experience for both buyers and sellers. We have signed an agreement with Adyen, a leading global payments processor, to become our primary payments processing partner. PayPal, a long-time eBay partner, will be a payments option at checkout for eBay buyers. You do not need to take any action at this time. The transition to full payments intermediation will be a multi-year journey. Over the past three years, eBay has transformed its business to drive the best choice, most relevance and most powerful selling platform. Building out our payments capabilities is the next step in that strategy. Payments intermediation will bring significant benefits for eBay sellers. You can expect a simplified pricing structure, more predictable access to funds, and most sellers can expect their costs of payments processing to be reduced. We’re also working on ways to provide sellers a central place to track and manage their business, which can soon include payments information. By offering buyers more choice in how they pay and expanding payment options into more geographies, eBay believes sellers will be able to reach more buyers and improve conversion. The transition to full payments intermediation will be a multi-year journey. eBay will begin intermediation on a small scale in North America starting in the second half of 2018, expanding in 2019 under the terms of the Operating Agreement with PayPal. In 2021, we expect to have transitioned a majority of Marketplace customers to the new payments experience. Again, you do not need to take any action at this time. As eBay gets closer to the initial phase of its intermediation efforts, we will share more details about this process and next steps for sellers. In the meantime, please read the eBay Inc announcement for further information. For any immediate questions or to share feedback, please email [email protected]. We’re looking forward to what’s next, and to getting there with you. As always, thank you for selling on eBay.
I've been that way for a year. Don't miss it. It amazes me how many smart, successful people subject themselves to the ridiculous amount of shenanigans on Ebay.