Seems you dont have to do until they "invite" you (to$$ers). Terms are pretty much as I said above. Plus as mentioned payment delay of 1-2 days. No payment at weekends.
Also you will still get charged 12.8% + 30p if its cash on collection even though they are not processing the payment.
No mention of how this will work on the £1 max final value fee promotions.
Stupid move by ebay IMO as all that will happen is for high value cash on collection sellers will just find a way to complete the physical sale outside ebay (obvs need to be subtle to avoid the chargeback phildas mentions up thread, but easy enough).
Thought ebay had learned through recent improved customer contact facilities and final value promos that a more customer focused approach increased usage and revenue, but no, seems they are reverting to their old dickish behavior. Helped by no real competition. Amazon used item marketplace still not very organised and too expensive and Facebook is still too chaotic.
Still they got a big warning from the rise of Facebook Market place, which prompted some changes. Hopefully this will prompt Facebook to sort themselves out better.
I think these recent changes might just be it for me selling on eBay (bike stuff or otherwise). Would rather sell on here or locally for less ££. Although actually when taking in to account fees, it’s not usually much of a difference
Details here: https://sellercentre.ebay.co.uk/selling/managed-payments
Worth a read;
Stupid move by ebay IMO as all that will happen is for high value cash on collection sellers will just find a way to complete the physical sale outside ebay (obvs need to be subtle to avoid the chargeback phildas mentions up thread, but easy enough).
Thought ebay had learned through recent improved customer contact facilities and final value promos that a more customer focused approach increased usage and revenue, but no, seems they are reverting to their old dickish behavior. Helped by no real competition. Amazon used item marketplace still not very organised and too expensive and Facebook is still too chaotic.
Still they got a big warning from the rise of Facebook Market place, which prompted some changes. Hopefully this will prompt Facebook to sort themselves out better.