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Really stupid - have they explained why they have gone this route?
Presume it was too much fraud / bullshit with people closing accounts or hacking and buying stuff etc - I mean the plus side is that if it’s direct through the bank are you offered more buying protections?!I’ve slowly lost any kind of desire to shift anything on there and make a point of only selling items when they have a £1 listing weekend - and as a fuck you to eBay just create 20 listings to edit later on if I decide there’s something I’d like to sell.
Once I got pulled up on this by ebays invoicing - and they’d charged me a final value fee on something despite it being listed during the promotion and after talking in the live chat they said it was because it was edited from its original information. But after arguing who cares it was still listed during the promotion they relented and left me off.
But the increasing in fees / delay in receiving money combined with all the idiots and low balling really destroys any incentive to sell on there.
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have they explained why they have gone this route?
They've tried to justify it by making out like it's a huge advantage to sellers but in actual fact it's more likely that they just didn't like PayPal making so much money from fees!
They've tried to play it up and even said 'most sellers will pay the same or less fees than before' but I think that's likely total bullshit. It's certainly not cheaper for the likes of you or I.
As a long time seller I've been getting more and more pissed off with their tactics but this is really making me not want to bother.
I just wish there was some genuinely decent competition and ebay would have to wind their neck in a bit but they really have the monopoly. I've tried selling the same items on Facebook but I don't even get so much as a sniff; I think I sold one Castelli jersey on there in the space of about 5 years.
Luckily I've not had to deal with any lost items or cancellations yet but to be honest I'm fucking dreading it; sure as shit ebay won't take four days to pull the buyers funds from your bank account at the slightest suggestion of a item not as described or non-delivery...
I've had two sales in the last week using this new 'straight to bank account' method.
The first was OK; sold a seatpost on Tuesday lunch time; by Thursday lunch time the money was in my account.
Sold a stem Thursday lunch time; the money has only just got to my account today (Monday lunch time) which suggests that the bank of ebay doesn't work weekends!
The time from ebay sending it to it actually showing up in my account was quite quick, maybe three hours (quick by bank standards) but the delay seemed to be entirely ebay.
So as summarised before, I paid higher fees than I would have done with the PayPal system and instead of having the money instantly available I had to wait four days.
So basically fuck ebay.