Don't like paypal? Try "Bill Me Later". Only 20% interest..

notwilight

New ebay payment option.

Ebay buying up paypal's competition.

--Jerry

doh

<< <i>In other words, if your credit card is a bit tapped out, you still have some purchasing options. >>


Just what we need....

adamlaneus

Wow. So, extending credit to folks who are really not credit worthy is seen as a smart thing to do, eh? Today, even. It may have overloaded my irony detectors.

ebaytrader

Did ja ever notice that the only approved electronic payment options other than paypal are more expensive?
Google Checkout, on the other hand, has lower fees and they have buyer & seller protections on all internet sales yet they're banned.
Hmmm.

19Lyds

<< <i>New ebay payment option.

Ebay buying up paypal's competition.

--Jerry >>



So let me get this straight:

If you do not have the funds either through a credit card or a PayPal bank transfer, this new option will allow you to "extend" your credit for a mere 20%?

Isn't this what caused the current housing crunch or is Donohue too stupid to realize this?

I can see a lot of folks buying with the sole intent of "flipping" for a profit and utilizing this "Bill Me Later" program. However, when the "flipping" does not go as planned, who eats the cost? eBay? All it'll take is for a couple of thousand buyers to really abuse this thing and eBay will wish they'd never considered buying it!