As eBay will get near addressing one main shortcoming of its mandated funds characteristic, one other shortcoming is irritating some sellers.
Nevertheless, eBay has but to deal with the dearth of a micro-payment answer, one thing sellers had been capable of get via PayPal till compelled into eBay Funds.
A postcard vendor raised the subject throughout eBay’s Wednesday chat session.
“I do know Managed Funds doesn’t presently supply a micro cost charge choice just like PayPal’s 5% + $.05 transaction charge,” a vendor wrote. “Are you able to let me know if Managed Funds may no less than think about providing a micropayment charge choice?”
The vendor mentioned eBay was requiring them to enroll in Managed Funds by January 22nd.
“The price of promoting a $1.00 postcard utilizing the PayPal micropayment choice was $.29 (PayPal charge $.10 and eBay charge $.09), and I make a revenue of $.15,” the vendor defined. Nevertheless, “Below Managed Funds the charge is $.43 (eBay FVF $.12 + $.30 transaction charge), over a 220% improve and I’ve a lack of $.08.”
What which means, the vendor wrote, is that high-volume, low-cost sellers will both depart eBay or change their enterprise mannequin.
It is tough to understand how a lot income eBay makes immediately from such merchandise, however at a minimal, they function a magnet to draw patrons who, whereas on the positioning, could discover different objects they need to buy.