US ebay managed payments account Archives

We all know that the US eBay account is an influential and leading online marketplace.

It allows their US ebay sellers account users to sell, bid through auction and buy goods all over the world.

eBay is considered to be a place for both consumers and businesses to do online shopping and eCommerce.

This platform is well known for the businesses to consumers and consumer to consumer approach.

It was founded 1995 in CA, Since its inception it has partnered with paypal to fulfil the payments on their website.

Initially ebay managed payment account got launched in US 2018, later the company has expanded its ebay managed payment account option to Germany, the UK, Australia, Canada and is now adding France, Italy and Spain, additionally eBay stated that it is going to add China soon.

It got separated from paypal after it became an independent business after 2015. But still eBay allows their users to make transactions with paypal.

eBay started to send their sellers email about US managed payments and it is compulsion to opt in with managed payments.

eBay expects all of their sellers to sign in with a US managed payment system in the year of 2021.

According to them over one million sellers have already opted in since 2018 and in order to sell on eBay hereafter it is important to know about US ebay managed payment account.

Importance of US eBay managed payment account:

eBay is always interested to give their user(seller, buyer) a great experience during the entire process of the business.

By US managed payment system it tries to implement more of the customer centric approach to the process.

Ease of access: eBay claims that by signing up with a US managed payment system the entire buying and selling process will smooth since the payment is not going to transfer from a third party platform.

More options: The buyers will now can pay by either debit or credit cards, apple pay, google pay, paypal, paypal credit or even with gift cards and the seller on other hand can receive and transfer funds to the bank from one point.

So, it is not compulsory to have two different paypal accounts for both buyers and sellers. The seller can schedule the payment straight to the bank.

Convenient operation: eBay explains that sellers will have all access in one place regarding their account. eBay claimed that the seller will have.

Customized and consolidated report

Simplified protections

Tax documentation

Payout scheduling on weekly and daily basis

Consolidated and simplified fees – Since third party platforms have not been used for transactions which helps sellers to reduce processing fees.

Streamlined approach:

eBay promises that no matter how buyers pay, the payout from US eBay’s managed payment system will transfer funds to the bank directly within 2 days.

Any customer disputes will be handled from eBay and buyers don’t have to hopp back and forth to third parties.

More business options:

With the help of global shipping program sellers now can expand their business worldwide.

Custom, Shipping/Logistic charges, taxes, import and export fees can be handled easily from the global shipping program.

It allows sellers to list their products internationally. So expanding your business worldwide is possible with eBay without much effort.

Reduce bouncing rate:

One of the reasons for abandoning carts during selling is complicated or multi step payment systems.

Since the customer can pay with one touch and single payment system will reduce bouncing rate during purchase.

Extended support:

eBay has a dedicated support team for aged US eBay managed payment account. During sign up and whenever help is required by sellers, support will be there for all the time.

API integration:

eBay enables API to check in and out the process of payment. It integrates with account API, finances API, fulfillment API, Post order API and Trading API.

eBay always tries to give enhanced experience to their users, as a part of that they come with a one place payment gateway to their sellers.

There are plenty of benefits to the sellers as they sign up with managed payments options from eBay.

From reducing fees to a streamlined approach, expanding business to get items listed internationally and more. So get signup with eBay managed payment option.

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Hi readers, in this blog we’re going to discuss how the US managed Payments works for your US ebay sellers account and how it acts better than the US paypal account for the ebay sellers.

First of all let see on ebay managed payments

eBay started a managed payments account on september 25, 2018. Early stage eBay allowed only a limited number of US ebay sellers account holders to get beneficiary on this.

After the 21 days of its launch it tended to notice the amplified growth in the profit US ebay sellers account, like approximately gaining over $21 million, then eBay started to move more and more sellers to the program.

In general eBay Managed payment account is a one stop solution on eBay platform and this managed payments account is used for the online transactions between sellers and buyers.

With this success, it expanded its managed payment ebay systems to the UK, Canada, Australia, Germany and currently adding France, Italy, Spain and soon China.

When a buyer used to buy using any of the options from managed payments, the eBay platform accepts payment by itself and sends it to the seller’s account.

Let’s discuss why US managed Payment ebay works better than US paypal account

Previous to managed payment accounts, the US eBay sellers have the practice of using third party payments solutions. In this US Paypal account is more famous among the US ebay sellers.

But doing the transaction with the PayPal payment is really being a hectic process for the buyers and this influence them to search for the best payment provider platform

However the payment has to be done within a certain time, if session time ends before successful payment it adds extra pressure to the buyers.

It is even worse for the buyers without a paypal account, they have to create an account before they make a purchase.

US Managed payments account will deposit the payments directly into your bank account, no more third party processing fees.

In this way US eBay managed payments account works more easier than PayPal

Lower Processing Fees:

The processing fees for getting the payments is very lower than paypal. Sellers can save money by selling on bulk or single items.

For bulk and single item selling the fee remains same.

Payment Accepting Options:

When a buyer wants to pay through credit or debit cards using paypal.

It’s been a painful hooping between applications and payment gateways.

With US managed payments credit and debit card payment will be deposited directly to your checking account.

Earlier there are not many options left to the buyers, if sellers only opt in for paypal and buyers don’t have an account then there will be huge bouncing.

But now multiple options are available..

Buyers can use any of the below options to pay to their sellers

Paypal & paypal credit cards

Bank credit and debit cards

With gift cards

Apple pay

Google pay

Apple pay and google pay options are only available to the sellers who opt in for that.

Expand business:

With opting in with US managed payments sellers can expand their business globally with the use of global shipping programs.

It handles import, export, shipping and custom fees on behalf of yourself.

Detailed report:

In sellers hub, sellers can download detailed reports on monthly transactions, shipping fees details, invoices, bills and performance insights.

It will be useful for the business to audit them easily.

Streamlined approach:

No matter which option the buyer used to pay, you can still get to your bank account within two days.

A unique order number for your shipment can help with follow up and ease of reconciliation.

Centralized customer service:

An dedicated team assigned to help sellers sign up and to solve any disputes during the transactions.

With 24/7 customer support and sellers will get all the fees, payment out on a single invoice.

Simplified operations:

With one stop solutions on payment, it is simpler to sell, simpler to get paid and simpler to manage your selling histories.

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Tag: US ebay managed payments account

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