![]() PayPal without that credit.ĮBay is also offering more Zero Insertion Fee listings for stores as part of the Spring 2021 update, ostensibly to take a little sting out of the fee increases. PayPal will go down to about 1.4% if they retain the TRS+ fee credit - but would end up being about a 1.7% loss vs. Once that increase goes into effect, the savings for Managed Payments vs. This category will be increasing from 10.5% to 10.7% as of April 1st, 2021. If this account did not qualify for the Top Rated Seller Plus discount, the savings would only be on average about 0.25%.Ĭhart based on fees for January 2021 - *chart does not include $0.30 per transaction fee for Managed Payments as it is a wash with PayPal’s $0.30 per transaction fee.ĮBay recently announced in the Spring 2021 Seller Update that fees in some categories would be increasing by 0.20%. This savings is mostly due to the 10% Top Rated Seller Plus fee discount. Once the sales tax was included in the calculation, this seller has consistently been averaging about 3% savings in Managed Payments vs. They have a Premium store subscription and the current Managed Payments Simplified Fee for this category is 10.5%. Between eBay’s Marketplace facilitator obligations and the seller’s nexus in non-marketplace facilitator states, sales tax is collected for every state except the few which do not have sales tax. It’s a larger, higher volume seller with consistent sales trends. This account has been tracking monthly since enrolling in Managed Payments in August 2020. Sellers now need to look at sales over time to try to get an accurate picture of the average overall savings or increase in fees with Managed Payments. ![]() Generally speaking, sales to no tax states would see the most savings, lower tax rate states would see small savings or would be neutral, and higher tax rate states would likely see an increase in fees. This change made it much harder to calculate if there would be savings in Managed Payments vs. However, on September 1st, 2020 eBay began applying the full Simplified fee on the total sale amount of item price + shipping + sales tax (both seller collected and eBay collected under Marketplace Facilitator laws.) This example was provided by eBay in the announcement for the new fee structure. Originally the Simplified Fee was applied only to item price + shipping and was still fairly straightforward with the possible savings to sellers easy to see. This translates to almost $4 million in seller savings on an annual basis.įast forward to May 2020 when eBay introduced the Simplified Fee Structure which created a single fee to cover both the Final Value Fee and Payment Processing Fee together, plus a $0.30 per transaction fee. ![]()
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