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> eBay does not actually touch the funds. They do now. They are in the middle of moving most of their sellers to a program called Managed Payments. eBay handle
by pgrote 6y ago
> eBay does not actually touch the funds.
They do now. They are in the middle of moving most of their sellers to a program called Managed Payments. eBay handles the payment processing through the program. Sellers do not receive money via paypal, but their own bank accounts. eBay batches the proceeds of the sales and ACHs the money daily M-F.
The transition is ongoing, but the goal is all sellers with stores will move to it eventually.
https://pages.ebay.com/seller-center/service-and-payments/managed-payments-on-ebay.html https://pages.ebay.com/seller-center/service-and-payments/ma...