eBay have started to invite charity retailers to switch over from PayPal to eBay payments. This will, the same as for non-charity sellers, mean that direct charity sellers need to verify their business with eBay and set up banking details for payments to be deposited.
“Managed payments is a positive change for all our users and will enhance the buying and selling experience. For charity sellers, this means one place to sell and get paid, making the process simpler and easier to manage. For buyers, this means more choice and flexibility with more payments options like Apple Pay and Google Pay.”
– eBay
While total fees for selling on eBay will be lower than they were before, charities will now see an eBay fee charged for the first time. This might sound like mega bad news for direct charity sellers as previously they’ve paid no eBay fees. However they would have paid PayPal fees and the new arrangement under eBay payments will come with a fee that’s lower than PayPal would have been.
We understand that direct charity sellers at a rate of 1.1% +17p per transaction (VAT not included), our lowest rate, specifically intended for charities. Once eBay manages a charity’s payments, it will no longer pay any fees to PayPal when selling on eBay.
It’s also worth noting that, donations to charities from Give at Checkout and Community Selling will continue to be paid out through PayPal Giving Fund, to the charity’s registered PayPal account.
More eBay payments information for direct charity sellers
Charities already trading on the eBay for Charity platform will be contacted over the next few weeks and invited to onboard. However, for those keen to know more now, eBay has developed a comprehensive Q&A for their consideration.
eBay are also holding an eBay payments webinar specially for charities on Wednesday the 17th of March at 4pm. Sign up now to hear the very latest information and there’s also an opportunity to submit any specific questions you might have in advance to ensure you get the information that you need.
