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You'll notice that the letter states "You can expect a simplified pricing structure, more predictable access to funds". There's no mention of "faster access to funds"; more predictable means it's regulated by eBay at intervals they decide, and it also means it's not accessible when YOU want the funds.

I did notice that - particularly the choice of the word "predictable" ... and I agree with your conclusion.
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This is nothing to do with making things better for sellers (or buyers).

It's about maximising profit for eBay.

This new payment system where eBay will "manage the payments flow" means that eBay will be control of the money.

You'll notice that the letter states "You can expect a simplified pricing structure, more predictable access to funds". There's no mention of "faster access to funds"; more predictable means it's regulated by eBay at intervals they decide, and it also means it's not accessible when YOU want the funds.

I'm extremely glad that I am not a seller on eBay.
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Yeah...  My seller friend got this.  They did a bit of digging and there are a few things they weren't happy about.

I didn't get the full detail - but one of them was the equivalent of a full escrow service.  Sellers won't get their payment until delivery is confirmed.  One of the problems with this is, if you have something small that can get sent as a letter for a dollar or two, there is no tracking - unless you want to add Registered Post ... at $4 a pop.  So a $3 item with $2 postage won't be $5, it will have to be $9 ... or the seller won't ever get paid.  Genius.

There's also something about when payments are made to Sellers.  At the moment, a seller can pull money from PayPal at any time.  With this new setup, it seems that will happen whenever eBay feels like it.  "How to get interest on other people's money" 101.  PayPal have been playing that game for a while now.  (Ever notice how payments take longer to get through when there's been big exchange rate fluctuations.)

There's no doubt it's going to be painful.  Sellers are going to have to learn how it all works (the hard way, of course) so they can help guide their customers through the minefield.

I can't, for the life of me, see how it's going to be a "better experience" overall - but it will be spun that way.

I would love to be proved wrong - but I suspect I will be disappointed on that front.
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eBay will begin intermediating payments on its Marketplace platform?

What the ....? Were they not always doing this with paypal?

I see they say they will still offer paypal payment at checkout ? Is this new thing similar to oaypal but now just ebays preferred bedmate to paypal ? It seems like they are trying to complicate matters again ...

Heres a copy of the email for thise that didnt get it


Dear Smee

eBay is happy to announce plans to further improve the customer experience by intermediating payments on our Marketplace platform. In doing so, eBay will manage the payments flow, simplifying the end-to-end experience for both buyers and sellers. We have signed an agreement with Adyen, a leading global payments processor, to become our primary payments processing partner. PayPal, a long-time eBay partner, will be a payments option at checkout for eBay buyers.

You do not need to take any action at this time. The transition to full payments intermediation will be a multi-year journey.

Over the past three years, eBay has transformed its business to drive the best choice, most relevance and most powerful selling platform. Building out our payments capabilities is the next step in that strategy.

Payments intermediation will bring significant benefits for eBay sellers. You can expect a simplified pricing structure, more predictable access to funds, and most sellers can expect their costs of payments processing to be reduced. We’re also working on ways to provide sellers a central place to track and manage their business, which can soon include payments information.

By offering buyers more choice in how they pay and expanding payment options into more geographies, eBay believes sellers will be able to reach more buyers and improve conversion.

The transition to full payments intermediation will be a multi-year journey. eBay will begin intermediation on a small scale in North America starting in the second half of 2018, expanding in 2019 under the terms of the Operating Agreement with PayPal. In 2021, we expect to have transitioned a majority of Marketplace customers to the new payments experience.

Again, you do not need to take any action at this time. As eBay gets closer to the initial phase of its intermediation efforts, we will share more details about this process and next steps for sellers. In the meantime, please read the eBay Inc announcement for further information. For any immediate questions or to share feedback, please email paymentsinfoau@ebay.com.au

We’re looking forward to what’s next, and to getting there with you.

As always, thank you for selling on eBay.

Tim Mackinnon
VP & Country Manager, Australia & NZ
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The Round Table / Re: Fuel Prices
« Last post by *Brum6y* on January 06, 2018, 05:27:52 PM »
Hasn't been under $1 a litre for years up in Sydney .... unless someone is doing a protest special - like 99 cents per litre or fill your tank for $1.

The traffic problems these stunts cause are not pleasant.
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The Round Table / Happy New Year - welcome to 2018!
« Last post by *CountessA* on January 02, 2018, 01:45:55 AM »


Best wishes for all, and may this be the year of your dreams.

Let there be peace on earth rather than war (although I know that seems like a tall order).
Let the economy not slump.
Let your health be good.
Let happiness be yours.
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The Round Table / Re: Fuel Prices
« Last post by *CountessA* on January 02, 2018, 01:44:12 AM »
Unleaded for well and truly OVER a dollar litre in Melbourne.

In fact, it's over 140 cents per litre. Ridiculous.
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eBay & online buying & selling FAQ / Re: Some useful links for eBay buyers and sellers
« Last post by *Brum6y* on December 14, 2017, 05:56:19 PM »
I've a few things I would like to sell, but I'm too put off by the recent eBay changes. I understand that neither the seller of an item nor the potential buyer of it can communicate in any way suggesting that they are giving, receiving, or exchanging contact details, even if it's for the purpose of pre-purchase inspection, or for giving the potential buyer a heads-up about the seller's location so that the buyer can consider whether the location is within his/her pickup distance.

This is true.

As one example, sellers have been penalised for trying to communicate part numbers.  EBay's text bots classify them as phone numbers.  Once the "Buy it Now" has been done, however, there is a lot more latitude given.

No help beforehand though.

EBay has become so paranoid, it is actually becoming counter-productive (IMHO).  Your sentiment is not uncommon.
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I've a few things I would like to sell, but I'm too put off by the recent eBay changes. I understand that neither the seller of an item nor the potential buyer of it can communicate in any way suggesting that they are giving, receiving, or exchanging contact details, even if it's for the purpose of pre-purchase inspection, or for giving the potential buyer a heads-up about the seller's location so that the buyer can consider whether the location is within his/her pickup distance.

And of course there's also the PayPal funds hold for any eBay member wanting to sell after not having done so before (or after not having sold for a while).

It makes eBay's current "enticing" offer to sell items in order for eBayers to have the money to buy things for Christmas simply downright misleading and specious!

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eBay & online buying & selling FAQ / Re: Some useful links for eBay buyers and sellers
« Last post by Elantra on December 12, 2017, 11:31:15 PM »
Thanks for that I did find it, was slightly different, it was on the right side then had to click on advanced.
I wouldn't have found it by myself so thanks.
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