eBay new payments - no earnings on small prices
I sold 2 Pillows for 0.99 + 4 pounds of delivery fee.
I paid an eBay fee of -0.94 over a total of 4.99
It means I earned 0.05
eBay earned 0.94
This is the new payments method that allows sellers to earn more, instead of paying PayPal.
The explanation is the selling fee is now 12.8% (on the tot including posting fee) + 0.30, so if you sell items on which the delivery is higher of the item cost (such as any item which requires small-medium parcels that you sell on a bid at 0.99 or a few pounds), your earning is almost nothing, eBay is earning for you.
August 1, 2021
Unprompted review