Ebay Scam?
- Thread starter tusker
- Start date
I think they did some changes on payment recently. But safest way is ,just ignore that email and login to your Ebay account. Go to account settings and there will be message saying if you need to do anything. Or just check your Ebay message box
timbrayford
Well-Known Member
Sound advice - likewise if you get something similar purporting to come from your bank or from HMRC do not use any links on the email but login in your usual manner.
I. Farticus
Well-Known Member
It's not a scam.
eBay want to move away from PayPal, whose Ts&Cs were to send the seller the money the moment that it hit their bank account.
eBay holds onto the the money until it's cleared in the banking system, which could take 2-3 days.
If the buyer pays on a Friday, you won't see the money until Tuesday at the earliest.
eBay gets a few day's extra interest, so make of that what you will
I now use Facebook Marketplace exclusively because it's free to list and tends to be local buyers.
eBay want to move away from PayPal, whose Ts&Cs were to send the seller the money the moment that it hit their bank account.
eBay holds onto the the money until it's cleared in the banking system, which could take 2-3 days.
If the buyer pays on a Friday, you won't see the money until Tuesday at the earliest.
eBay gets a few day's extra interest, so make of that what you will
I now use Facebook Marketplace exclusively because it's free to list and tends to be local buyers.
But even more anti-gun than Fleabay...
I know FB groups are there as well but still, some good stuff comes up, particularly on USA eBay
Woodsmoke
Well-Known Member
I had this email too. Can't remember the last time I used eBay though, to be honest. I loved it when it was predominantly private sellers, but it seems to be all professional and overseas sellers now. And I can't abide the number of sneaky listings claiming to be from the UK, but actually Chinese. It's put me right off it
It's just ebay wanting more control and more of your personal information. It's not a scam as such but is annoying. I updated my details last week.
devon deer stalker
Well-Known Member
Yes that's how I see it, I'm not supplying my bank details to them, as far as I'm concerned it's then end of my using eBay.
Etsy and Amazon prime for me.
Cheers
Richard
Sampo
Well-Known Member
Personally I would never provide either my bank account or debit card details for any online services. Always use a credit card as you are better protected and Paypal for the rest. Else it might be safe to walk away as clearing up the mess after falling victim is a very painful process.
FrenchieBoy
Well-Known Member
I've had the same telling me I must update my details on e-bay but haven't bothered yet. When this "new system" kicks in does that mean that I will no longer be able to buy from e-bay unless I update my details?
Up until now when you have bought things through e-bay and payed via paypal you have had paypal buyers protection. If e-bay are bypassing paypal will you still have any protection?
Up until now when you have bought things through e-bay and payed via paypal you have had paypal buyers protection. If e-bay are bypassing paypal will you still have any protection?
I sometimes buy through ebay but if I cannot pay through paypal then I will cease using ebay. The other site I have used is Gumtree but unfortunately that is also apparently owned by ebay. Preloved can be another choice but their listing is somewhat erratic in that the latest advertisements can be listed anywhere in their first 5-6 pages.
I have used Ebay since it was introduced in the early noughties and continue to do so both as a seller and buyer.
This is NOT a scam. It only affects people who use Ebay to sell. Buying will not be affected and you can still continue to log in and buy stuff and pay for it with Paypal or Apple Pay or cash on collection or whatever other methods are available.
The change impacts people who sell on Ebay. Prior to this change being rolled out, you listed stuff to sell, it sold and the buyers paid you, normally through Paypal, with the full amount being available to you immediately minus the handling fee that Paypal would charge for the transaction which I think used to be 2.9%. Not sure if this is still the same but I imagine it is similar.
Your ebay account, as a seller, used to be linked to your paypal account and a month later you would get your invoice from Ebay showing charges owed from your seller account, and mine used to be paid automatically from my Paypal account which is obviously linked to my bank account.
This change basically means two main things. Firstly Paypal are no longer involved in the process of sellers receiving their funds from the proceeds of their sales. This is remitted to them directly by Ebay, so you no longer pay the 2.9% handling fee from Paypal. Hooray. Unfortunately, Ebay have increased their commission fee payable on auctions, so instead of paying 10% on the final sale price (incl postage costs) you now pay 12.80%, Booo!!
So basically you are marginally better off as a seller under the new scheme but only just and Ebay hold your account details rather than Paypal which is no issue whatsoever as far as I am concerned as I am a normal thinking person who understands that my data is held by a crap ton of people whether I like it or not and also understands that all banks have to suffer liability of fraud rather than the user, unless obvious fraud or mishandling of account data has occurred by the user.
So basically the upshot is that you save a minute amount by selling under the new regs but you lose out slightly because Ebay will take 2 days to get your realised monies from sales to you, rather than the old days where it would be same day if you wanted.
Much of a muchness. A middleman has been cut out and the bigboy takes an even bigger slice that it had before.
I sell very little on Ebay these days as I feel the costs generally are too high but sometimes you just need the audience size it provides to sell difficult items that are good quality but maybe not in high enough demand to be sold in other arenas with less coverage.
From a selling point of view, it is still a really good market place for me.
This is NOT a scam. It only affects people who use Ebay to sell. Buying will not be affected and you can still continue to log in and buy stuff and pay for it with Paypal or Apple Pay or cash on collection or whatever other methods are available.
The change impacts people who sell on Ebay. Prior to this change being rolled out, you listed stuff to sell, it sold and the buyers paid you, normally through Paypal, with the full amount being available to you immediately minus the handling fee that Paypal would charge for the transaction which I think used to be 2.9%. Not sure if this is still the same but I imagine it is similar.
Your ebay account, as a seller, used to be linked to your paypal account and a month later you would get your invoice from Ebay showing charges owed from your seller account, and mine used to be paid automatically from my Paypal account which is obviously linked to my bank account.
This change basically means two main things. Firstly Paypal are no longer involved in the process of sellers receiving their funds from the proceeds of their sales. This is remitted to them directly by Ebay, so you no longer pay the 2.9% handling fee from Paypal. Hooray. Unfortunately, Ebay have increased their commission fee payable on auctions, so instead of paying 10% on the final sale price (incl postage costs) you now pay 12.80%, Booo!!
So basically you are marginally better off as a seller under the new scheme but only just and Ebay hold your account details rather than Paypal which is no issue whatsoever as far as I am concerned as I am a normal thinking person who understands that my data is held by a crap ton of people whether I like it or not and also understands that all banks have to suffer liability of fraud rather than the user, unless obvious fraud or mishandling of account data has occurred by the user.
So basically the upshot is that you save a minute amount by selling under the new regs but you lose out slightly because Ebay will take 2 days to get your realised monies from sales to you, rather than the old days where it would be same day if you wanted.
Much of a muchness. A middleman has been cut out and the bigboy takes an even bigger slice that it had before.
I sell very little on Ebay these days as I feel the costs generally are too high but sometimes you just need the audience size it provides to sell difficult items that are good quality but maybe not in high enough demand to be sold in other arenas with less coverage.
From a selling point of view, it is still a really good market place for me.
I think this is due to the new rules that have come in regarding the collecting of VAT, and Ebay splitting away from PayPal, Ebay and Paypal now charge VAT on their fees as well as VAT on the Postage charged by a seller on their item, having your bank details followed by your permission to make charges against your account,(read the small print), gives them the right to charge you what they like, they can even charge you if you withdraw an item, if it is sold elsewhere, anyone who has left Ebay in the past when they were tied to Paypal would have realised that they still had the right to charge you up to 6 months after you left, just in case someone asked for a refund etc, this will be the case now, anyone asks for a refund, they will simply give the refund, and take it out of your account, then you will have to fight for the money, or your goods back..
Ebay are only good for one thing, if you see anything on it that is a fake, buy it, complain it is fake, you get your refund and.......you keep the fake article, as they cannot accept it back off you and return it to the seller, as they may try to resell it, you may end up with a cupboard full of chinesium crap, but at least it's free.
I think Ebay like many of its predecessors are slowly going downhill, less people use them, less people trust them, when they first arrived they were good and basically had no competition, Now Amazon , FB, Alibaba, et al, even Gumtree have affected them, I wouldn't be surprised to see them vanish in the next 5 years
Ebay are only good for one thing, if you see anything on it that is a fake, buy it, complain it is fake, you get your refund and.......you keep the fake article, as they cannot accept it back off you and return it to the seller, as they may try to resell it, you may end up with a cupboard full of chinesium crap, but at least it's free.
I think Ebay like many of its predecessors are slowly going downhill, less people use them, less people trust them, when they first arrived they were good and basically had no competition, Now Amazon , FB, Alibaba, et al, even Gumtree have affected them, I wouldn't be surprised to see them vanish in the next 5 years
A scam, yes, but an eBay official "increase eBay profits scam" no less.
Here's some of transcript of my recent conversation with them about this "eBay Managed Payments".
I do VERY STRONGLY urge others to also use the "contact eBay" facility to have the same or similar conversation.
I also tackled them on the other now long standing eBay "official scam" of so called "customs clearance charges".
AS OTHERS...FADCODE AND ETC....HAVE SAID YOU ARE SIGNING AN AGREEMENT TO OPEN ENDED DEBITS FROM YOUR ACCOUNT.
ALSO AS I.FARTICUS SAYS SEE BELOW FOR MY "CHAT" ABOUT MONEY TRANSFER TIME. 100% ANOTHER "OFFICIAL EBAY SCAM"!
I am sorry that other SD members have to click to expand the quotes but hope it is helpful and useful possible dialogue?
All feedback is welcome! And I do urge others to have a similar conversation with eBay!
PLEASE NOTE THIS VERY CAREFULLY:
Here's some of transcript of my recent conversation with them about this "eBay Managed Payments".
I do VERY STRONGLY urge others to also use the "contact eBay" facility to have the same or similar conversation.
I also tackled them on the other now long standing eBay "official scam" of so called "customs clearance charges".
AS OTHERS...FADCODE AND ETC....HAVE SAID YOU ARE SIGNING AN AGREEMENT TO OPEN ENDED DEBITS FROM YOUR ACCOUNT.
ALSO AS I.FARTICUS SAYS SEE BELOW FOR MY "CHAT" ABOUT MONEY TRANSFER TIME. 100% ANOTHER "OFFICIAL EBAY SCAM"!
I am sorry that other SD members have to click to expand the quotes but hope it is helpful and useful possible dialogue?
All feedback is welcome! And I do urge others to have a similar conversation with eBay!
PLEASE NOTE THIS VERY CAREFULLY:
Last edited:
I. Farticus
Well-Known Member
I would always sell when there was a 0% fees offer, so they weren't making any money from me.
I get fed up with every f*cker wanting a slice of my hard-earned (after I've paid tax) and not seemingly paying any tax themselves on the profits
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