ebay managed payments - anyone using this future mandatory service yet?

[savedfrommyspokes]

Originally Posted by Eddiez

Has anyone else been paid in managed payments? I'm wondering do they pay you minus 10% for fees and 2.75% for managed payments? I've got 2 payments and it looks like they only took the 2.75%. Just wondering how this all will work, I think a lot of people are. Thanks for any info. Eddie

I have now received multiple payments since I started Monday with MP. Here is what I have seen in regards to what is being taken out. First, any order of mine where my free s/h threshold is not met, the 12% + 30 cents is taken out of my available funds. However, on the orders where my free s/h threshold is met, neither the 30 cent transaction fee nor the 12% have been removed from my available funds, both costs/fees have been added directly to my monthly ebay account invoice. I prefer the fees to be added to my monthly invoice and to pay at the end of the month with my CC as I get a 2% kickback reward from the CC and I don't get that 2% back when ebay takes the 12% from my "available funds".

[thecatspajamas]

Originally Posted by savedfrommyspokes

I have now received multiple payments since I started Monday with MP. Here is what I have seen in regards to what is being taken out. First, any order of mine where my free s/h threshold is not met, the 12% + 30 cents is taken out of my available funds. However, on the orders where my free s/h threshold is met, neither the 30 cent transaction fee nor the 12% have been removed from my available funds, both costs/fees have been added directly to my monthly ebay account invoice. I prefer the fees to be added to my monthly invoice and to pay at the end of the month with my CC as I get a 2% kickback reward from the CC and I don't get that 2% back when ebay takes the 12% from my "available funds".

That is weird. The differing "fee extraction" timing, that is, not your preferences. I'm not looking forward to the learning curve in figuring out all the minute differences between eBay's "how we said it would work" and their "now that you're locked in, here's how it's really going down."

[savedfrommyspokes]

Originally Posted by thecatspajamas

That is weird. The differing "fee extraction" timing, that is, not your preferences. I'm not looking forward to the learning curve in figuring out all the minute differences between eBay's "how we said it would work" and their "now that you're locked in, here's how it's really going down."

My assumption is that for what ever reason, because the entire sale has a promotion (free s/h with "x" # of items purchased) that I set up through ebay, the selling fees are billed to my account rather than removed from my available funds.

This scenario has continued to occur with today's orders with promotions..... and again, this scenario is preferred

[sb1]

Has anyone else beside Bobby, not made the switch and had ebay reinstate your account. My time for new listings ran out today and not sure I will make the switch to managed payments.