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

[thecatspajamas]

Originally Posted by Snapolit1

You can choose to get paid every day of the week. Don't need to wait 4-5 days. Usually one day.

Just to be clear, the timeframes I listed above were for daily payouts. There is always a lag of at least 2 days between when a sale occurs and when eBay sends the payout to your bank account (longer if the 2nd day falls on a weekend), and in my case, the funds show in my bank account the following day after eBay sends them. While I do get payouts sent to me every business day, they are not for the preceding day's sales. They are consistent enough that I am comfortable going ahead and sending items out once eBay indicates they have received payment, though that does technically mean that I am floating the shipping cost and sending merch for which the funds have not yet cleared in my account. Your comfort level with that may vary, but you would need to adjust your "handling time" accordingly, as eBay starts the clock from the time they receive payment, not from when they funds have cleared your bank account.

I don't use eBay to print shipping labels, but if you do, the weekly payout may make more sense for the reason Adam mentioned. While I have had eBay hold funds in some occasions due to buyer disputes or postal delays, I have not yet had a shortfall such that they went into my bank account to pull funds to cover those. I can see how that would be problematic if it were happening on a regular basis to cover shipping costs. Personally, I have found eBay's tendency to erase records of darn near everything after 90 days troublesome enough that I use stamps.com for printing shipping labels in order to have those shipping records available and searchable for a longer timeframe, but your needs may vary.

[ibuysportsephemera]

I've been using managed payments for awhile and it has been fine. I use the sales proceeds for shipping costs so I am set up for weekly payments. It has been fine so far.


Jeff

[D. Bergin]

Originally Posted by thecatspajamas

I don't use eBay to print shipping labels, but if you do, the weekly payout may make more sense for the reason Adam mentioned. While I have had eBay hold funds in some occasions due to buyer disputes or postal delays, I have not yet had a shortfall such that they went into my bank account to pull funds to cover those. I can see how that would be problematic if it were happening on a regular basis to cover shipping costs. Personally, I have found eBay's tendency to erase records of darn near everything after 90 days troublesome enough that I use stamps.com for printing shipping labels in order to have those shipping records available and searchable for a longer timeframe, but your needs may vary.

Wish I could still use Stamps.com to print my Ebay shipping labels, because it saves time printing multiple labels, but it absolutely refuses to import my Ebay orders, no matter how many times I delete and reinstall my Ebay info to their program..........and manually putting that info in, completely defeats the purpose of the tool.

As is, I'm also reliant on payouts being due to my account to pay my shipping costs, but I generally ship quick enough that it isn't an issue. Also still have my Paypal account as a backup, in case that is an issue.