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Sell for Free for 2 Weeks When You Register to Get Paid via Bank Account @ eBay AU

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Got an email about this today, just in time because I have so much junk useful items to sell on eBay.

I don't think it's targetted - I think anyone can do it.
EDIT: I think it's targetted… soz my beautiful peeps :(

But you can check on the seller page, you might get something which says:

Register for Payments and sell for free. T&Cs Apply.

List and sell for FREE when you register for Payments for a limited time only. T&Cs Apply.opens in a new window or tab
Start:10 Mar 2021 at 0:00 AEDST
End:23 Mar 2021 at 23:59 AEDST
Used/Left:Available
ebay.com.au

Here are the details from the email:

Info page: https://www.ebay.com.au/mes/dlp

Your payments are changing, are you ready?*
eBay now manages the end-to-end selling experience, including payments.

This means:
• You get paid directly to your bank account, not your PayPal account, regardless of how the buyer chooses to pay. We will initiate payouts within two business days of order confirmation.
• Your fees, expenses and charges will be automatically deducted. No more PayPal payment processing fees or separate monthly fee payments!

Register today and get two weeks of free selling!**

Here's what we all want to know from the T&C's :

The promotion entitles eligible sellers who have registered for managed payments during the Promotion Period to pay no Insertion Fees or Final Value Fees for all sales listed and sold within the Promotion Period.

Related Stores

eBay Australia
eBay Australia
Marketplace

closed Comments

  • Great news!

  • +3

    I get this on the page -

    We’re not yet ready for you to update your account details. We’ll send you an email and a notification in My eBay when you can get set up.

    • I hope that as they open this up to others everyone will begin to make use of the deal.
      Sorry to get you excited….

  • +2

    So they say there will be no PayPal fees for the seller. I wonder if they will now put a payment fee on top of the insertion fee and final value fee, or if there is no fee at all? If this is the case, that’s a great outcome. I only ever sell on eBay when i get no final value fee promotions because it’s just too expensive to sell on there I find. I still get the PayPal fees deducted however I’d like to know if they will now be taking a payment processing fee.

    • +1

      12 or 13% fee total or something like that.

      Without having to deal with paypal and their poor inaccuracise and ease of closing your account and holding your money - https://9now.nine.com.au/a-current-affair/paypal-freezes-acc…

    • +1

      The fees have now increased from 10.9% to 13.4%. Whilst there are "no Paypal" fees, they have put in their own fees. You end up saving 20 or 30 cents cents in total per sell from this but Ebay have full control now.

      • +3

        13.4%… Rofl. Not paying that.

      • What happens to buyer/seller protection now?
        Do buyers still get the protection thru PayPal if they choose that method of payment? And do eBay now cover the seller as the seller won’t be using PayPal?

        • +1

          Both are covered yes

  • +4

    Shame that the item also has to sell within the promotion period. Miss the days of no final value fees until item re-lists.

  • +5

    MASSIVE CATCH.
    Must sell within the promotion period. Even though it'll be a 30 day listing. Dirty. Dirty. Dirty.

    Negged for ebay being dodgy af.

    • -2

      Err not dodgy.
      Sale means when the transaction happens.
      So if your listing is 100 days and it sells on the 2nd day, it is different to on the 99th day.

      • +6

        How is it not dodgy..

        List two items. It's 30 day listings.
        Item 1 sells on day 14. No fees.
        Item 2 sells on day 15. You get charged 13.4%.

        Ebay is trying to make people pay fees through inattention. This isn't the first move they've made like this but i won't get into it further.

        • -6

          Nothing wrong with it, your promo period is 14 days - Sell within that period.

          Not listing period. If it was as you say 30 days, might as well just put up a listing for 365 days or Good Till Cancel.
          Obv not profitable for eBay this way

        • +2

          Thanks for pointing out, I would not have picked that up since the usual good til relisted is their standard terms on no FVF

  • +3

    Sorry guys but this is not good news at all. The promotion will save money I know but this is part of Ebay's managed payments system and will save you ZIP. The payment fees ( which used to go to PayPal ) now go to Ebay.
    I and others have crunched the numbers and at best you will be a few cents better off.
    Big problem is that Ebay are not a party to the FOS ( financial ombudsman service ) as PayPal is.
    I am far from a fan of PP but at least you can talk to someone and you can register a complaint in Australia if something goes wrong.
    Speaking to a PP senior rep in the US recently they told me that they have had a " gut full " of Ebay and their practices.

      • +7

        Yes it is I agree. But as a seller I can assure you Ebay is worse

    • Hmmm…good point. I've already switched so I'm wondering if it's possible to go back without re-registering another seller account. I've been reducing my activity on eBay a lot lately, it's hard to get noticed amongst the larger sellers and drop-shippers plus it's getting expensive to use the platform. I'm wondering if there are any real alternatives apart from local Facebook groups or Gumtree?

      • That's interesting you talk about drop shippers. I think there's hardly any on Ebay as its against Ebay Aus policy to drop ship.

        • Heh. I'm sure it would be dead simple to masquerade a drop-shipping enterprise as a direct seller. If you have a real-time link to a supplier's inventory then it would be a doddle to pretend it's your own stock.

  • +1

    Thanks OP, I checked my seller's tab and the promo was there!

  • Curious how future no final value fee promotions will apply.
    Small seller, currently I only sell 2 per month with free Gumtree listings, or more with eBay no FVF promotion.
    I pay 2.6% to PayPal right now.
    Based on this, I may end up saving the full 2.6% fee if eBay offers no fees at all (waiving the 13.4%).
    Am I understanding this right?

    • I would also assume that'd be the case.

  • I look after 3 ebay accounts including one store. None of them got this offer.
    1 of them got 2 free FVF for next two sales so i put up a couple of high value items i've been holding onto.

    I haven't done the calculations but it doesn't look like i'll be any better or worse off after the change. I do notice that they will demote you in the search results if you don't add tracking information in future. That will affect those people selling low value items via letter mail rates.

  • For any one who has linked their bank, does eBay request withdrawal privilege as part of it?

  • Ebay selling fees are ridiculous and always some catch (no selling fee, no insertion fee, but wait! There's the PayPal one!) Selling everything thru marketplace and gumtree now 😒

  • This is horrible, people should read all the ts and cs need to agree too. There is one for the direct debit with a US company that says you agree to give them and let them store all your bank info including pin security questions etc. That's a breach of your banks T's and C's (giving out your pin)

    • Wait what - they want your bank PIN number? That doesn't sound correct - are you sure?

      • https://www.trustly.net/us/terms-of-use/

        Information We May Request From You or Obtain About You. To access and use the PayWithMyBank Services made available to you by a Merchant, you may be asked for, among other things, a Bank name, a Bank login ID, password, PIN number, answers to security questions or other authentication information (i.e. your online banking access credentials), a Bank account number and bank routing transit number, a Bank account type, other Bank account information, and potentially other personal identification data, such as your name, driver’s license number, or taxpayer identification number. With the authorization you have provided in these Terms, we may also retrieve information about you from such Merchant, your Bank or other third parties to facilitate your use of the PayWithMyBank Services as enabled by such Merchant.

    • +2

      That's not what the T&Cs say at all.

      What they actually say is that they MAY ASK you for those things. Obviously if they did, your answer would be no - none of those things are required for them to deposit a payment into your bank account 👍

      • You Don't need to give it. The heading is "Information We May Request From You or Obtain About You" then "With the authorization you have provided in these Terms, we may also retrieve information about you from such Merchant, your Bank or other third parties" you authorise them to get what they want from who ever they want.

        Ohh and for most banks they require you to login to your internet banking via their app so they can record how you login so yes you need to give it to get a deposit. If your with a bank they can't record they need a bank statement.

        If or when they get hacked it's very sensitive data they are holding so easy for ID theft to happen

        • Ohh and for most banks they require you to login to your internet banking via their app so they can record how you login so yes you need to give it to get a deposit.

          There is absolutely no way that is correct in Australia.

          Have you done this ?

          I think you're looking at an American T&Cs page - The USA generally doesn't have connectivity between different banks - you can't just send money to a BSB and Account Number if it belongs to a different Bank than your own. So crazy workarounds like the above are common, people still even use paper cheques to move money from A to B because it's sometimes the only supported way to do so.

          • @Nom: Even if that's the American requirements, it seems way over the top. eBay are going too far IMO

            • +2

              @King Tightarse: Completely agree, that linked T&Cs page is totally bonkers ! Nobody would agree to those terms.

  • eBay already forced me into Managed Payments like 6 months ago. What a slap in the face it is to people like me who they literally forced into using their bullshit managed payments scheme, i didn't get shit except the imminent threat of no longer being able to sell until i signed up for managed payments.

  • Seems eBay are massively overestimating their importance and drilling far too intrusively into people's privacy now.
    I really wish here was a viable alternative. Would so love to tell eBay to shove it

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