eBay MP Preparation Tips for SEA Sellers

21 May 2021 Rinlita Srirojpinyo eBay Managed Payment (eBay MP)

. Buyers have more . After deducting fees & . Payouts in USD within payment options: costs of sales, the rest of 2 business days after Credit card; ; your earnings can be order confirmation ; Pay; transferred to your PayPal, and PayPal Credit Payoneer account on a daily/weekly basis Getting Ready for eBay MP

#1 eBay Account Type & Country

#2 Info & Documentation

#3 Enrollment Timeline Getting Ready: #1 eBay Account Type & Country eBay Business Type VS Individual Type

eBay ACCOUNT TYPE is the factor determining the TYPE of your Payoneer Account

eBay Payoneer Individual Type Individual Type

Benefits of eBay Great for Corridor Business Type = Expansions

EX: To subscribe for eBay UK Shop, your eBay Account Type must be “Business Type” eBay Payoneer Business Type Business Type EX: When selling on eBay.co.UK, if your sales reaches £1,000, you must upgrade your Account Type to become “Business Type” in order to list more items. If you have multiple eBay accounts registered under the same business entity on eBay, it’s recommended to connect them to the same Payoneer account.

eBay Payoneer eBay Payoneer Individual Type Individual Type Business Type Business Type

Payoneer Company Individual Type Payoneer BUSINESS eBayMeIndividual1 eBayCompany1

eBayMeIndividual2 eBayCompany2

eBayMeIndividual3 eBayCompany3 eBayMeIndividual4…. eBayCompany4…. Q: I have multiple eBay accounts under my name but different Account Types -- what shall I do?

Consider the following: Do you have active listings on eBay’s non-US sites, such as UK, AU, FR, ES, sites? Do you have, or plan to have, eBay stores subscriptions on non-US sites?

If your answer is “YES” to one of the above:

• We recommend you register for sole proprietorships, LLC, or company (business entities) • Upgrade all your eBay accounts to BUSINESS Type • Get ready to open One Payoneer BUSINESS Type • Connect all your eBay accounts to the same Payoneer account Getting Ready: #2 Info & Documentation Getting ready: Payoneer Registration Requirements & Guidelines

Upon receiving an invitation from eBay to open your Payoneer account, you will need to follow the registration requirements outlined below:

If you have multiple eBay accounts registered under the If you have multiple eBay accounts under same business entity on eBay, it’s recommended to connect them to different business entities, you will need to open the same Payoneer account. a corresponding Payoneer account for each  New Payoneer account with multiple eBay accounts business entity.  Existing Payoneer account with multiple eBay accounts

For full details, please visit: https://www.payoneer.com/solutions/marketplaces-networks/ebay-payout/ Payoneer eBay Account Type: Individual / Private Individual Type get ready for your Payoneer onboarding by gathering the following documentation

eBay Ensure Matching Payoneer Recommended Documents Account Info (full color) 1. ID copy (one of the following): Owner’s Name National ID Name Name (written in English) Driving license Address (written exactly as shown on Registration Address Address 2. Proof of Residence Proof of Residence: with Account Owner’s Name utility bills, bank statement) & Address, such as: Credit Card / Bank Account belonging to Owner’s Bank Statement Debit VISA, MasterCard Utility bill (water, electricity) For future withdrawals out of To be linked with eBay for fees Payoneer & associated costs Payoneer eBay Account Type: Business Business Type get ready for your Payoneer onboarding by gathering the following documentation

eBay Ensure Matching Payoneer Recommended Documents (full color) Account Info 1.Company Verification Documents (one of the following): Company name Certificate of registration Business Name (written as shown on Business Name Certificate of incorporation Company Verification Document) Partnership agreement Tax document Company Owner’s Name & Authorized Representative Info Business license Registration Name, Company Legal Address (Company Owner’s details, Address (not of employee’s) not of employee’s) 2. Company Address Verification Documents with company name & legal address, such as: Company Legal Address Company Bank Statement Business Address (as shown on Company Address Business Address Company Utility bill (water, electricity) Verification Document) Certificate of Incorporation

Credit Card / Company Bank Account 3. ID Copy of Authorized Representative Debit VISA, MasterCard (one of the following): Sole Proprietorships can use National ID To be linked with eBay Owner’s Bank Account Passport for fees & associated Driving license costs For future withdrawals out of Payoneer Getting Ready: #3 Enrollment Timeline End of May – June 2021: eBay will email and notify you in My Messages on eBay when you can register to have eBay manage your payments. You should register for eBay MP within 18 days after receiving the link. eBay MP Preparation Tips for SEA Sellers