Early Adopters of eBay Payments May Be Out of Luck

by: Silver Ice King

Nothing more  than Ebay once again showing that anything and everything they say is subject to change tomorrow.  Ebay has never had any problems ignoring any and all promises they make as well as telling one big lie after another.

The new CEO  is off to a great start showing that he has no problem breaking promises nor completely changing what was stated to sellers when they took that huge leap of faith with Ebay Mangled Payments based  on promises that of course Ebay no longer intends to keep.  I guess once a person sits in the CEO's chair nothing that was promised by the company to their Sellers can ever be counted on.  I can';t wait to see what changes they implement in the 4th quarter this year after promising that they would never do anything in the 4th quarter again so that Sellers could concentrate on their sales for what is supposed to be the busy time for the Sellers.  

It sure did not take long  for the new CEO to show his colors and how life under him is not going to be any different or better for Sellers than it has been since 2008.  Ebay is just figuring out more and more ways to reach deeper into their sellers pockets while continuing to show lower and lower Sales Revenues.

by: RKTOYS

eBay lied again.  Film at 11.

by: pace306

"The changes will be put in the TOS, come at me BRO" ....

Thats the way eBay treats its sellers .... speaks volumes

by: Lightning

EBay doesn't consider the new simplified rate to be any type of an increase, so that is why they are intending to make it universal to those on MP now, in the future, or early adopters.  In fact, it can change your fees in either direction per sale, but overall it is probably a neutral effect.  

It all depends on whether there is sales tax charged, and how much.  Some fees will go down (item not taxed), some might be the same (5% tax or lower), and some will increase (over 5% tax).  So not really about the 30 cent fee at all.  That's just part of the math, offset by the lower rate, but the result is what matters.  Might be zero change, or minor variances in either direction.

There is hardly any difference in fees, either way, in the proposed system.  Once again, people all up in arms about something that has a negligible effect, possibly even in their favor.  A lot depends on what items you sell, especially how they are treated for taxation in the various states.

by: CanBrit

I believe, if Mr Ionone is listening to the old school eBay boys, he's certainly not going to be prepared what's going to hit him (and them) in July.

One can still hope, I suppose.

by: notfunanymore

Does it really surprise anyone? Seriously, you had to know this was coming? They string you along, then they cleaver you and give you a band aid to fix it. sellers will love eBay for helping them.  Wake up!  

by: CanBrit

@notfunanymore

No, it doesn't surprise me but the nice thing about humanity is having hope.

Here's what I hope. That they hit the proverbial brick wall. They they suffer every inhumanity they have stuck on their sellers. I hope they all go bankrupt, lose their vacation homes, fancy cars that we paid for.  Their wives/husbands leave them for someone OLDER....  

I hope there is justice somewhere in the world.  

by: ebayout

Per the enlightening e-mail I received yesterday, I will "save" (my words) 60 cents on $100 in sales...and ebay gets 30 cents on EVERY sale I make.
It's hard to explain my excitement...  

by: pace306

It’s simply another “short con” by California’s biggest large scale con operator

by: toolguy

@pace306

"It’s simply another “short con” by California’s biggest large scale con operator "

eBay doesn't even come close to being California's biggest con operator, that title belongs to: The State of California!

Our government makes eBay look like a jr. high thug taking lunch money!

San Jose are rookies compared to Sacramento . . . . .

by: ZZ

Now that Paypal is not giving back their $.30 fee for any reason, I've thought about not accepting cancelations from buyers and shipping their item anyways, I don't do free shipping or free returns, so it works for me. But so far, I've canceled and lost money when the buyer changed their mind.
When eBay starts doing it, I think I'll just ignore the cancel request. It's a principle thingy. There's no reason to charge me if eBay want's to let them change their mind.

by: Marie

This Simplified Fee thing is a BIG increase for sellers that are currently in MP.  If for no other reason than the 30 cent fee.  For every 100 transactions that is $30.

Currently in MP they also do not pay money processing fees on sales tax either.  So moving into Simplified fees there is that too.  

These changes will result in much higher fees for all of them.  There is no two ways about it.  Not a single one of them could possibly see a reduction in fees.

For those sellers moving into MP for the first time in July, while there are still concerns, we aren't getting hit as hard as those that are already in the program.

by: AlBeSure

I used to pay a 0.20 listing fee, an 11% FVF fee as I have a store, plus 0.10 store fee (to have a store) and an 11% fee on the shipping.

Sounds like now it will be a 0.25 listing fee, an 11% FVF fee as I have a store, 0.10 for a store fee, an 11% fee on the shipping and 0.30 transaction fee

So on a $4.00 item that is a 0.25 listing fee, 0.44 FVF fee, 0.10 store fee, 0.44 shipping fee on a $4 shipping charge, a tax fee to be determined and a 0.30 transaction fee for a some what total of $1.53

My question is where is the saving???

Seems like I will be paying more to ebay in fees again not counting on the new Summer fees changes coming.

by: hawk

ebay does nothing but lie to sellers , and does not care what they do to honest working people to get a dollar. when will anyone get that ?

by: salesrep1

We can all complain about the changes but when u normally have a bank credit card processor u have fees for the entire amount of sale item, tax,shipping  whatever is collected the real issue is none of us like the internet tax collection on online sales since it is the new norm. The process of as a buyer (I am a seller) now is to get 2 people the seller paid and ebay for the tax. Looking at a paypal transaction(mind boggling) 2 transactions for 1 purchase. The possible error ratio grows on the # of transactions  per single transaction. Multiply that by millions of transactions you now have the possibility of more errors. The .08 of .10 (Tax rate to be determined) is really small on an extra varience to not make it 2 lines is .08 on a $10 sale. At least u aren't paying the ridiculous bank fees for making u compliant for handling transactions those of u still using bank processors know what I am talking about. Do I like it NO does it really affect your sales NO the simplification will let me move on to the next order of biz.Less stuff to check! Just the way I see it

by: wrslss1222

eBay has stated that the backbone of their sales are from Small and Medium eBay Store owners.  Yet eBay has never shown these store owners any sort of appreciation other than words.  It has been obvious over the years that eBay can some one thing today and change it tomorrow.  

by: wrslss1222

I should have stated in my earlier comments that Paypal was not an accepted payment instrument when Managed Payments started,  It was added months later.  Managed Payments allows a buyer to pay using Paypal, Visa, MasterCard, American Express, Discover, or any other accepted forms of payment.

by: Fistfulofdollars

This is not to come to eBay's defense (regarding the $0.30 fee), but it's been that way with PayPal ever since they allowed credit card transactions. That's the way it is with all other payment processors (flat rate fee portion may fluctuate with different processors).

The announcement of the flat 11.5% + $0.30 on total sale amount: I am not yet in MP but I added columns to my spreadsheet and factored what the fees would have been under MP vs. the current setup (PayPal) and out of 123 sales to date (highest sale incl. tax: $355.83, lowest: $20.23) the fees were higher on 64 sales, lower on 59, but overall, I would be $2.90 to the good (saved) if on MP. The fluctuation is based on if sales tax is charged on a sale and the amount of sales tax charged per sale. The higher the amount of tax charged, the greater the loss to the seller. There is ALWAYS a savings if no tax is charged.

by: Fistfulofdollars

The announcement of the flat 11.5% + $0.30 on total sale amount: I am not yet in MP but I added columns to my spreadsheet and factored what the fees would have been under MP vs. the current setup (PayPal) and out of 123 sales to date (highest sale incl. tax: $355.83, lowest: $20.23) the fees were higher on 64 sales, lower on 59, but overall, I would be $2.90 to the good (saved) if on MP. The fluctuation is based on if sales tax is charged on a sale and the amount of sales tax charged per sale. The higher the amount of tax charged, the greater the loss to the seller. There is ALWAYS a savings if no tax is charged.

by: toolguy

Note to buyer:

Here are you costs

Item cost+
fee for buying item+
shipping cost+
fee for shipping cost+
tax+
fee on taxes

Your final eBay order total after all costs and fees are. . . . .