BREAKING NEWS - eBAY to RESTRICT PAYMENTS TO ONLY PRAYPAL!

steviebabes

Just completed a sellers survey. Here are a couple of questions about payment methods offered and how it will affect sales -

To make eBay a safer place to buy and sell, sellers will be limited to accepting only the following safer payment methods for their eBay sales:

• PayPal
• In person payment for local pickup items

Sellers will receive full protection from payment reversals for items sold on eBay and paid with PayPal when they ship to the address provided by PayPal. Buyers paying with PayPal will be fully covered, no coverage limit, if their item doesn't arrive or is different than described.

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To make eBay a safer place to buy and sell, sellers will be limited to accepting only the following safer payment methods for their eBay sales:

• PayPal
• Credit Card or Debit Card payments made directly to the seller's Merchant Account (Sellers will need to acquire a Merchant Account from a bank or other provider)
• In person payment for local pickup items

(Compared to the policy shown earlier, credit and debit card payments made directly to a merchant account would be an additional payment method allowed.) Sellers can accept any one of the above payment methods, or they can accept all of the above. Sellers will receive full protection from payment reversals for items sold on eBay and paid with PayPal when they ship to the address provided by PayPal. Buyers paying with PayPal will be fully covered, no coverage limit, if their item doesn't arrive or is different than described.

I opted for the second scenario obviously! Looks like cheques & PO's are out soon by the way they are thinking however the personal collection bit could be something of a U turn.

ArmitageShanks

If anyone opts for the first option they work for ebay!

Cheques and PO's are still a very valuable payment option, cheques may be fiddly but for larger amounts they're a god send as PayPal fee's are simple ludicrous (thats why when can we push google checkout).

...and also lets not forget BACS transfers....there's a real opening for them now they are (fairly) instant. Ebay will want to get them outlawed asap, no doubt.

soolin

Hmm, so the options are basically paypal only or paypal and card payments to a merchant account.

Once again a break is allowed for larger powerselelrs who may have a merchant aco!!!!, obviously the smaller selelrs won't have access to these merchant aco!!!! due to the high fees involved.

There is another thread running that I posted on yesterday about cash on collection. I quoted a pink from yesterday who stated categorically that cash on colelction woul dnever be an option..but it looks like it is still being thought about.

Interesting though that cheques, postal orders and BACS don't feature anywhere in the survey options.

soolin

ArmitageShanks wrote: »

If anyone opts for the first option they work for ebay!

Cheques and PO's are still a very valuable payment option, cheques may be fiddly but for larger amounts they're a god send as PayPal fee's are simple ludicrous (thats why when can we push google checkout).

...and also lets not forget BACS transfers....there's a real opening for them now they are (fairly) instant. Ebay will want to get them outlawed asap, no doubt.

Don't forget though that if you mention Google in your auctions you will get a warning and a possible suspension as it is specifically disallowed on ebay.

kevinyork

Cant believe no one is fighting eBay on anti competitiveness by forcing people to use Paypal. I presume other payment services (Google/Worldpay etc) offer some protection to buyer as well?

soolin

kevinyork wrote: »

Cant believe no one is fighting eBay on anti competitiveness by forcing people to use Paypal. I presume other payment services (Google/Worldpay etc) offer some protection to buyer as well?

It is nothing to do with protection, ebay own paypal so obviously have a motive for moving towards paypal only.

There is a long thread about the paypal only changes on the ebay forum that makes an interesting read. There is talk on there of an action in Australia against ebay , but it is quite confusing reading the thread to see what is actually happening as it is sometimes moderated which makes the posts come out wrong. There is also the problem that many sellers are actually 'for' the changes and not against, so whilst trying to read about this court action you get bogged down in online figting as well.

steviebabes

'Sellers will need to acquire a Merchant Account from a bank or other provider' Could this not include Google Checkout?

soolin

Google isn't a true merchant account , real merchant accounts involve a retailer taking payments directly from a card through their own system supplied by a bank. They are blooming expensive to run

richto

I just completed a Power Seller survey for eBay.

In it it stated that eBay were planning to make the ONLY payment options on eBay Paypal or cash on collection!!!

arnie&caseysma!

Suits me - I only buy and sell using paypal and get annoyed when people want to send a cheque especially as it is in my auctions that I only accept paypal so that I can get their item dispatched as soon as possible.
I had horrendous abuse a few weeks ago from a buyer who had lost her bank card and had to cancel it so could not use paypal. Everyone I know it is their accounts that is linked to paypal and not the card is only there as a back up. I think she just had the hump and wanted someone to take it out on!

I know there is a lot of people that this wont suit if it happens but it is welcome to me!

brightonman123

one (online) pymt option = no choice.. = more cost? (fees can be set at whatever they like then, if no competing pymt service..?