In this blog post, we’ll explore the advantages of eBay Managed Payments over the traditional PayPal system.
eBay introduced its Managed Payments platform in 2018, revolutionizing the way transactions are conducted on the platform.
Let’s delve into why eBay Managed Payments is becoming the preferred choice for both buyers and sellers.
What Is An eBay Managed Payment Account?
eBay’s Managed Payments simplifies the checkout process, eliminating the need for a separate PayPal login.
It offers buyers and sellers a multitude of payment options, including credit and debit cards, PayPal, Apple Pay, and Google Pay.
With eBay managing payments, both parties can conduct their transactions securely within the eBay ecosystem.
Advantages of eBay Managed Payment Account:
Improved Seller Fees:
eBay Managed Payments offers a competitive fee structure. Sellers are charged a fee of 2.35% plus $0.30 per order.
This is a significant reduction compared to the previous PayPal system, which charged 2.9% plus $0.30 per transaction.
Sellers can save 0.55% on fees by using eBay Managed Payments.
Better Conversion Rate:
PayPal often imposed strict restrictions on transactions, causing frustration for sellers and sometimes leading to cart abandonment.
Managed Payments simplifies the checkout process, providing more payment options and a smoother experience for buyers.
This results in higher conversion rates compared to PayPal.
eBay Managed Payments provides user-friendly, timely, and comprehensive reports.
Sellers have access to monthly statements, order reports, payout reports, post-transaction reports, performance insights, and tax reports.
These detailed reports offer valuable insights for managing your business efficiently.
Lower Processing Fees:
eBay Managed Payments introduced a processing fee of 2.7%, which is lower than PayPal’s processing fee of 2.9% plus $0.30 per transaction.
This reduction in fees can significantly benefit eBay sellers.
Simplified Fee Structure:
Since September 1st, 2020, eBay has applied a simplified fee structure on the total sale amount, including item price, shipping, and sales tax.
This fee structure complies with Marketplace Facilitator laws.
In cases of refunds or cancellations, eBay retains only the order fee, returning the rest to the seller.
This structure has consistently saved sellers an average of about 3% compared to the PayPal system.
Enhanced Payment Options:
eBay Managed Payments offers a wide range of payment options, giving buyers the flexibility to choose their preferred method.
This convenience can lead to increased sales and customer satisfaction.
Verifiedacc – Your Source for eBay Managed Payment Accounts:
If you’re looking for a hassle-free way to transition to eBay Managed Payments, Verifiedacc offers ready-made US and UK Managed Payment accounts.
Purchasing an eBay Managed Payment account from us ensures that your eBay account remains safe from suspensions and restrictions.
Benefits of Verifiedacc Managed Payment Accounts:
Instant access to bulk listing capabilities for US and UK eBay accounts.
Increased eBay selling limits due to offering multiple payment options.
Each eBay account is created with a distinct identity to prevent algorithmic suspensions.
All accounts have high positive feedback and established selling limits.
Expert support available via
Email : firstname.lastname@example.org
Visit our website at https://verifiedacc.com/
To explore our range of US and UK eBay Managed Payment accounts and experience the benefits of streamlined transactions and lower fees.