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Ebay Sellers question, Fees

For those of you who sell stuff on ebay or have sold stuff before on ebay, the seller fees add up on your account balance. You pay them off with paypal or direct payment... I was wondering, what happens if you don't pay them off. Does anyone know anybody who has sold stuff on ebay and did NOT pay off the seller fees? I hear your paypal account gets disabled but thats it.

December 17, 2013

5 Comments • Newest first

Yumtoast

[quote=Collee]They take it automatically. So if you have money in your bank account it will take it, if you don't you'll overdraw.[/quote]
But PayPal can't automatically take money from your bank account to pay for fees without authorization, you may be thinking of reverse withdrawals, which they can legally do. If you have a PayPal balance, they'll automatically deduct it to cover seller fees, but that's the extent of power PayPal has. If you don't pay for your fees or your PP balance isn't enough, your account will be frozen after some time and if you had a sizable amount to pay-up, they might even ban you and all your future PP accounts. FYI, PayPal is really good at tracking: it's incredibly hard to ban evade since they practically hold quite a bit of your important personal info (e.g. SSN, routing numbers, ID, etc).

However, having pending seller fees really shouldn't happen too often. eBay/PayPal typically holds the money you made until a while after the item's delivery, which is plenty of time for them to deduct seller fees from that held balance.

Protip: don't use a bank account as your primary payment method. Use a debit or credit card, and opt out of overdraft (fees) if you're poor.

Reply December 18, 2013 - edited
Collee

They take it automatically. So if you have money in your bank account it will take it, if you don't you'll overdraw.

Reply December 17, 2013 - edited
CodeXLC

First they freeze your account, then they will make contact with ur bank or w/e info is linked
to your pp to take the money out of ur bank/credit card. i once called ebay/paypal
and asked the question that is what they told me

Reply December 17, 2013 - edited
Dragegaddon

The sellers won't ship you the item(s). Simple as that.

Reply December 17, 2013 - edited
Man0fSteel

The FBI will track you and arrest you for fraud then i will piss in your prison cell.

Reply December 17, 2013 - edited