locked Getting paid on Ebay
Peter Hall
New subject, but since a lot of transactions for steam era freight cars are made on ebay, probably by all of us, this might be important:
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Ebay announced today that they are going to change the pay process - now, payments will go directly to your bank, not to your PayPal account: no more PayPal processing fees. That sounded good until I read further - ebay wants your bank account information. In light of recent events, does that concern anyone? Thanks Pete
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Pierre Oliver
How about a great big no way Ebay? Pierre Oliver www.elgincarshops.com www.yarmouthmodelworks.com On 1/15/21 4:35 p.m., Peter Hall wrote:
New subject, but since a lot of transactions for steam era freight cars are made on ebay, probably by all of us, this might be important:
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Kenneth Montero
Remedy, in part:
Set up a separate bank account that you use only for Ebay transactions.
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Kenneth Montero
I forgot to sign the response.
Ken Montero
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Brian Shumaker
Having just dumped a batch of unneeded locos on EBay and having to suffer 10% in fees plus the PayPal fees I’m just about done selling on the platform. For EBay to default to PayPal for purchases, it seems strange to bypass them on payments. I’m going to start looking for another auction site. Ebid? Worthpoint? Anyone with some insight on the others?
Brian Shumaker
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James Brewer
I have bought and sold a few things here: https://groups.io/g/HOswap
No fees, etc., but you are on your own as far as any problems, etc. I have not had any problems with anything I purchased or any sales that I have made. Jim Brewer
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Charles Happel
In the worst case, I am looking at having it deposited to a debit card account, such as Kroger. Chuck Happel A man who views the world the same at fifty as he did at twenty has wasted thirty years of his life. Muhammad Ali
On Friday, January 15, 2021, 05:09:20 PM EST, Brian Shumaker <brian.shumaker@...> wrote: Having just dumped a batch of unneeded locos on EBay and having to suffer 10% in fees plus the PayPal fees I’m just about done selling on the platform. For EBay to default to PayPal for purchases, it seems strange to bypass them on payments. I’m going to start looking for another auction site. Ebid? Worthpoint? Anyone with some insight on the others? Brian Shumaker
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Richard Townsend
Are you sure this isn't a scam for getting your bank account information? I've heard nothing like what you said from ebay. Richard Townsend
Lincoln City, OR
-----Original Message-----
From: Peter Hall <petehall6369@...> To: main@realstmfc.groups.io <main@RealSTMFC.groups.io> Sent: Fri, Jan 15, 2021 1:35 pm Subject: Re: [RealSTMFC] Getting paid on Ebay New subject, but since a lot of transactions for steam era freight cars are made on ebay, probably by all of us, this might be important:
Ebay announced today that they are going to change the pay process - now, payments will go directly to your bank, not to your PayPal account: no more PayPal processing fees. That sounded good until I read further - ebay wants your bank account information.
In light of recent events, does that concern anyone?
Thanks
Pete
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Gene Semon <mopac1@...>
Here is link to the information on eBay https://www.ebay.com/help/selling/getting-paid/get-paid-managed-payments-seller?id=4814
Gene Semon
From: main@RealSTMFC.groups.io <main@RealSTMFC.groups.io> On Behalf Of Richard Townsend via groups.io
Sent: Friday, January 15, 2021 4:45 PM To: main@RealSTMFC.groups.io Subject: Re: [RealSTMFC] Getting paid on Ebay
Are you sure this isn't a scam for getting your bank account information? I've heard nothing like what you said from ebay. Richard Townsend Lincoln City, OR
-----Original Message----- New subject, but since a lot of transactions for steam era freight cars are made on ebay, probably by all of us, this might be important:
Ebay announced today that they are going to change the pay process - now, payments will go directly to your bank, not to your PayPal account: no more PayPal processing fees. That sounded good until I read further - ebay wants your bank account information.
In light of recent events, does that concern anyone?
Thanks Pete
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mel perry
pete: use plastic, there's a seperate entry ;-)
On Fri, Jan 15, 2021, 1:36 PM Peter Hall <petehall6369@...> wrote:
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RICH CHAPIN
Just read the referenced article and saw nothing about giving eBay a credit card number; also, it applies to “managed payments”. I did not receive the eBay “notice” that caused this thread, but I see that as s scam.
Rich Chapin
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Jack Burgess <jack@...>
This only applies to sellers. Note that PayPal is owned by eBay so no changes for buyers.
Jack Burgess
From: main@RealSTMFC.groups.io [mailto:main@RealSTMFC.groups.io] On Behalf Of Richard Townsend via groups.io
Are you sure this isn't a scam for getting your bank account information? I've heard nothing like what you said from ebay. Richard Townsend Lincoln City, OR
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Ed Shoben
Paypal is NOT owned by ebay. Although it once was, Paypal was spun off to ebay shareholders in 2015, and Paypal is an independent company. –Ed Shoben
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Robert J Miller CFA
PayPal is no longer owed by e-Bay. It is its own publicly traded company. It trades on NASDAQ under the symbol PYPL. it closed Friday at $239.79 a share.
Get Outlook for iOS
From: main@RealSTMFC.groups.io <main@RealSTMFC.groups.io> on behalf of Jack Burgess <jack@...>
Sent: Saturday, January 16, 2021 12:00:26 PM To: main@RealSTMFC.groups.io <main@RealSTMFC.groups.io> Subject: Re: [RealSTMFC] Getting paid on Ebay This only applies to sellers. Note that PayPal is owned by eBay so no changes for buyers.
Jack Burgess
From: main@RealSTMFC.groups.io [mailto:main@RealSTMFC.groups.io]
On Behalf Of Richard Townsend via groups.io
Are you sure this isn't a scam for getting your bank account information? I've heard nothing like what you said from ebay. Richard Townsend Lincoln City, OR
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Randy Hammill
EBay is changing their setup for sellers, and eventually everybody will be required to use their managed payments instead of PayPal or other options.
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Steve SANDIFER
The information cited applies to “managed payments sellers,” not to individual sellers. MPS appear to be stores. Most of us don’t fit that category.
J. Stephen Sandifer
From: main@RealSTMFC.groups.io <main@RealSTMFC.groups.io> On Behalf Of mel perry
Sent: Friday, January 15, 2021 4:50 PM To: main@realstmfc.groups.io Subject: Re: [RealSTMFC] Getting paid on Ebay
pete: ;-)
On Fri, Jan 15, 2021, 1:36 PM Peter Hall <petehall6369@...> wrote:
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