eBay & PayPal To Split Up

kheemonahs

eBay and PayPal are to split and as of July 1st 2015 there are new Amendments to the PayPal User Agreement.


IS IT WISE TO ACCEPT THEM?


Is PayPal trying to pull a fast one?


Has Martin looked into what could possibly be the biggest upset for PayPal customers, EVER!

RFW

kheemonahs wrote: »

Has Martin looked into what could possibly be the biggest upset for PayPal customers, EVER!

What's the biggest upset?
Ebay and Paypal have drawn up a contract that at least 80% of future trade on Ebay is conducted through Paypal.

If you don't want to use Paypal any more, don't accept the agreement and close your account.

Was it the bit about them owning your second kidney that was worrying you?

RFW

A little more explanation here.
http://tamebay.com/2015/04/paypal-user-agreement-updates-effective-july.html

If anything, if you sell on Ebay, the amendments offer a little more security in that Ebay will no longer be able to dip into your account to give refunds. They will still be able to hold payments on disputed transactions.

Goldiegirl

kheemonahs wrote: »

Has Martin looked into what could possibly be the biggest upset for PayPal customers, EVER!

I can't imagine Martin would care one way or the other

kheemonahs

RFW wrote: »

What's the biggest upset?
Ebay and Paypal have drawn up a contract that at least 80% of future trade on Ebay is conducted through Paypal.

If you don't want to use Paypal any more, don't accept the agreement and close your account.

Was it the bit about them owning your second kidney that was worrying you?

A most unfortunate flip remark, I am afraid that I do not have a second kidney for them to own as I donated it to my wife in February.

kheemonahs

Goldiegirl wrote: »

I can't imagine Martin would care one way or the other

Have you actually read, digested and understood the changes?

kheemonahs

RFW wrote: »

A little more explanation here.
http://tamebay.com/2015/04/paypal-user-agreement-updates-effective-july.html

If anything, if you sell on Ebay, the amendments offer a little more security in that Ebay will no longer be able to dip into your account to give refunds. They will still be able to hold payments on disputed transactions.

It's all gone quiet!


And yet another opinion from the opposite viewpoint.
https://www.cryptocoinsnews.com/bitcoin-future-paypal-changes-terms-service-take-content/


What I am concerned about is that eBay will not make an alternative to PayPal option available.

RFW

kheemonahs wrote: »

It's all gone quiet!

My apologies, if I'd known you'd answered I'd have dropped everything I was doing.

kheemonahs wrote: »

What I am concerned about is that eBay will not make an alternative to PayPal option available.

I'm not sure why that is a concern, as I said in the first post, Ebay and Paypal are tied together for the foreseeable future. They have drawn up an agreement that Ebay takes 80% minimum of payments via Paypal. If it drops under 80% Ebay pay a penalty, if it goes over 80% they get bonuses. The penalties and bonuses are in millions.

Buyers and sellers won't notice the difference.

BTW I'm very pleased you were a compatible kidney donor for your wife, that's quite rare amongst couples to be a match. I'm sure you could get Paypal to modify that part of the agreement for you, tell them you're from Gallifrey and switch kidney to heart.:beer:

RFW

kheemonahs wrote: »

And yet another opinion from the opposite viewpoint.
https://www.cryptocoinsnews.com/bitcoin-future-paypal-changes-terms-service-take-content/

That article is remarkably irrelevant to anything else you've posted.

MoneyMate

So PayPal has joined forces with Bitcoin , as long as they both work for you is there a problem.

kheemonahs

RFW wrote: »

My apologies, if I'd known you'd answered I'd have dropped everything I was doing.



I'm not sure why that is a concern, as I said in the first post, Ebay and Paypal are tied together for the foreseeable future. They have drawn up an agreement that Ebay takes 80% minimum of payments via Paypal. If it drops under 80% Ebay pay a penalty, if it goes over 80% they get bonuses. The penalties and bonuses are in millions.

Buyers and sellers won't notice the difference.

BTW I'm very pleased you were a compatible kidney donor for your wife, that's quite rare amongst couples to be a match. I'm sure you could get Paypal to modify that part of the agreement for you, tell them you're from Gallifrey and switch kidney to heart.:beer:

How crass.


You obviously judge other people as you are yourself!


That article is remarkably more irreverent than the other you posted!