02-07-2021 3:24 PM
I have just sold an item on eBay at a price of £60.00 + £5.00 pastage
With this new system eBay have held the payment for a number of days (one assumes eBay place the payment in an account that shows them a return) . eBay then let you know that they are paying you less their charges which in this case came to £9.62 which is an extortionate rate of 16%
I find it disgusting that what was a good and genuine trading platform has become a money grabbing concern with no regard for its users
I will never again place any items for sale on eBay
Its a CON
J B
read about the new system here:-
https://www.ebay.co.uk/help/selling/getting-paid/introducing-managed-payments-ebay?id=4795
the final value fee for private sellers is 12.8% plus 30p
which is less than you paid when the fee was split between ebay and paypal