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eBay Australia Makes PayPal Mandatory
LouisCamp
Posts: 468 ✭✭✭
"Australian press are reporting that eBay is using Australia as a guinea pig to trial a new policy where all other modes of payment are barred except for PayPal. If successful, eBay will roll it out to other markets."
http://www.australianit.news.com.au/story/0,24897,23515926-15306,00.html
http://www.australianit.news.com.au/story/0,24897,23515926-15306,00.html
lchobbyco
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Worry is the interest you pay on a debt you may not owe.
<< <i>That is just awful! I hope it is a big flop and does not happen here. Since when is PayPal the only accepted legal tender? I am no expert, but it sounds almost illegal in some way. >>
They will do it under the guise of protecting the sellers and buyers from fraudulent transactions.
Worry is the interest you pay on a debt you may not owe.
<< <i>This will hurt eBay if they try to force people to use paypal. Is it time for yahoo or google to come up with an auction venue to give eBay some competition? >>
I dunno why you think it has to be an internet heavyweight. Yahoo did the math and figured they'd make more from pure advertising. I'd bet Google has peeked at those numbers and shaken their heads too. A good plan is a good plan. It doesn't take millions of $ to do it.
<< <i>They will do it under the guise of protecting the sellers and buyers from fraudulent transactions. >>
They're oblivious to paypalsucks.com
I wonder if these actions will provoke EU eurocrats to start harassing eBay. Something about only being able iTunes in an iStore in iFrance and having to pay only with iMoney or some other iCrap comes to mind. I haven't heard anything about Google being upset about Google Checkout being banned -- or more accurately, not being accepted after investigations by eBay as to whether it was a sufficiently safe means for payment.
Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars
Like others have said, until eBay has a real competitor, they'll do whatever they want.
Like others have said, until eBay has a real competitor, they'll do whatever they want.
They just sent me an e-mail this morning. It outlines the changes to their policies effective today. It almost made me want to close out my account. They are really not on the seller's side anymore if they ever were.
But, I find no other way to accept payment that allows me nearly immediate access to my money. There used to be other companies, but now it is just PayPal. Remember BidPay and the others? Now there is only PayPal and they make the rules.
Does anyone know of a better payment system that is allowed on eBay? I'd like to give them a chance.
Jonathan
<< <i>I don't think I'm in the minority when I say I ONLY accept PayPal. >>
You are in the minority, and it's a small minority at that.
Russ, NCNE
<< <i>Unless I'm mistaken, Ebay started Bidpay to compete with Paypal. When it failed, they bought Paypal. And immediately raised the fees. >>
And started banning other forms of payment.
IMO, they are getting dangerously close, in some cases, to monopolistic restraint of trade violations. This is one of them, using a wide-moat business to effectively prevent serious competition to some of their other business ventures.
<< <i>IMO, they are getting dangerously close, in some cases, to monopolistic restraint of trade violations. This is one of them, using a wide-moat business to effectively prevent serious competition to some of their other business ventures. >>
Is it a monopoly though? Until eBay says say, in America, that you can only use Paypal and no other electronic payment methods would I be inclined to say it's monopolistic. Paypal doesn't really have any competition do they? At least none that are of the same quality. Until something of equal value comes along and eBay just says "NO" users don't have much recourse. Well, except for cancelling their registration of course.
The elimination of checks and money orders still stinks, though.
Russ, NCNE
<< <i>That should pretty much end sales of items of value higher than the seller protection limit. >>
The limit is being raised to $20,000.
Russ, NCNE
<< <i>Is it a monopoly though? >>
Strictly speaking, no, not according to textbook definitions. I would contend it is a de facto monopoly because of the nature of its business. And when a business starts using its monopoly-like position in the marketplace to determine which grading services live or die, or which online payment services live or die, the potential for doing so in an anticompetitive manner in violation of anti-trust laws is certainly there.
<< <i>This will hurt eBay if they try to force people to use paypal. Is it time for yahoo or google to come up with an auction venue to give eBay some competition? >>
The thing about bashing yourself repeatedly in the head with a brick is that it feels so good when you stop. Perhaps at some point, Ebay will realize this.
My icon IS my coin. It is a gem 1949 FBL Franklin.
Russ, NCNE
<< <i>I agree with Ziggy. eBay is inching ever closer to the point where a legitimate antitrust case could be made.
Russ, NCNE >>
And I'm sure it's intentional. Their lawyers are probably working overtime trying to see how far they can get to the edge without actually going over.
My icon IS my coin. It is a gem 1949 FBL Franklin.
If ebay goes to paypal only, I will stop using ebay. It's that simple, for me.
I knew it would happen.
I have no other reasonable way to pay people.
Of course I'm a smal time buyer so it probably doesn't mean much.
But for them to lock it and *say no oher way*.............. I think is just totally stupid, sure isn't a marketing plan that I can imagine
1-Dammit Boy Oct 14,2003
International Coins
"A work in progress"
Wayne
eBay registered name:
Hard_ Search (buyer/bidder, a small time seller)
e-mail: wayne.whatley@gmail.com
<< <i>
<< <i>That should pretty much end sales of items of value higher than the seller protection limit. >>
The limit is being raised to $20,000.
Russ, NCNE >>
Actually, the article referred to the BUYER protection limit, whereas the person above was referring to the SELLER protection limit...
I also find it interesting that, according to the article, Australian PayPal users only pay 1.1% to 2.4% in PayPal fees... we're getting screwed.
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