eBay Terms of Service Review

"eBay's Money Back Guarantee is essentially a cost of doing business that sellers must factor into their pricing. The policy makes it trivially easy for buyers to claim items were 'not as described' and receive full refunds, even when sellers have done nothing wrong.

The transition to Managed Payments consolidated fees but didn't make them lower. In many cases, sellers are paying more than when PayPal was an option. The lack of payment processor choice is a significant loss of seller autonomy.

My recommendation: eBay is best for established sellers with strong feedback history and products with high margins to absorb the inevitable fraud losses. New sellers should expect payment holds and factor in a 3-5% 'fraud tax' on top of posted fees."