03-02-2021 1:25 PM - edited 03-02-2021 1:37 PM
I sold a dvd for £3.70 incl postage and was charged 87p fees using the new Ebay payment management service. This equates to 23.5% ! I was led to believe that using ebay payment service rather than Paypal management service would be more profitable. Can anyone tell me how much i would have received if i had stuck with Paypal and is there a way to switch back to Paypal payment managements ? Thank you.
Under MP, you pay ebay 12.8% +30p.
DVD sold for £3.70 = 47p + 30p =77p, not sure where get 87p.
i have an email transcript of the chat and it states 20%...i am not nor have i ever been a buisness seller. What should i do ? Ps i have just looked at my seller profile and it does not say buisness seller.....The ebay rep i have been in touch with is called Maricar and his maths do add up...but are they adding 20% vat onto all private sellers final value fees ? or have they made a mistake ?
I am not on managed payments yet and find it impossible to get full details of fees.
I understand that in addition to the selling fee of 10% ebay take 30p plus a % similar to what paypal charged.
Even working on the limited information I have I can only make up charges of 77p. Do you not get a proper accounting on a statement of how it is calculated? For low value items the fixed fee of 30p is the killer.
It is more profitable .....
.....just not for sellers
you cannot leave managed payments, all sellers are being forced to use it.
What do you mean by you 'were led to believe...'? Surely you read the MP information Ebay supplied you with, and did the maths for yourself....? If not, I'm amazed. That's the only way to make an informed decision on whether to list or not, or whether to increase your prices or not, or whether it's worth listing certain items here at all.
Ebay's fee is for selling and for payment processing. In most cases it will be about the same as we were paying Ebay and PayPal combined. Do the maths for yourself - you've been an ebayer for over 13 years, so must know what you were paying Ebay and PayPal pre-switch.
However, low value items will often be more expensive to sell here than they were before, as we can obviously no longer avail ourselves of PayPal's micropayments account. I did my homework well before I was switched, and removed all my low value items where increasing prices or bundling wasn't viable, and listed them elsewhere.
Managed Payments is mandatory for all sellers, ie. it has replaced PayPal as a payment processor. There is no either/or. If you're unable or not prepared to adapt, I'm afraid you're only option is to find other venues.
@Anonymous