EBAY coronavirus help for sellers
Ebay would like all sellers to know that they are there for you in this trying time. Therefore theyd like you to know that starting July 1 they will be collecting all the money on your behalf of your sellers,and since you are busy and worried about these trying times, they will make a deposit monthly in your checking account IF YOU SO CHOOSE ,however this will cost 2.7 to 2.9 percent. Nothing like getting paid 30 days after youve already shipped something. The would also like to help by charging you the seller, a fee for them collecting sales tax from the buyer. So if you sell a $500 item to California. they charge the buyer the 50.00 sales tax, and you 6 or 7 dollars over and above just because they can.....Of course this is all topped off by sellers fees increasing up to 12.3 percent ,but only if you are a power seller with a perfect rating. if you dont have that,they will charge you another 4 to 5% final value fees. All told you will be paying around 16.6 to over 22% give or take of every item you sell...Again, their way of showing you they care about you during this pandemic.... Nothing like letting a good pandemic go to waste
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