@Kkathyl said:
I think they are trying to get paypal to pony up a discount. Stayed tuned.
Paypal just has to say they are pulling out after agreement is done .. think Ebay would risk just having a newbie payment processor handle payments ... Paypal playing good poker
@Kkathyl said:
I think they are trying to get paypal to pony up a discount. Stayed tuned.
Paypal just has to say they are pulling out after agreement is done .. think Ebay would risk just having a newbie payment processor handle payments ... Paypal playing good poker
Hollow threat from PayPal if they were dumb enough to even make it. It would tank their stock, first of all. Second of all, they make money processing payments - any payments. They aren't married to eBay. Only 10-12% of their revenue/profits comes from eBay.
A quick crash course on this Adyen company reveals that it's a privately held company based in Amsterdam. Their website seems to mostly be full of fluffy stock photos, and of them telling us how great they are, without really being too clear why or how https://adyen.com/ I wonder how many casual coin sellers and buyers will make this transition so easily.
If you use a credit card, it's the credit card company that has your back, not PayPal. PayPal won't even intervene once the credit card company is involved.
Use of a credit card via paypal does not reduce your buyer protection. Initiating a CC chargeback is your second line of defense.
And if a chargeback is made paypal deals with the CC company and fights for the seller.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Ebay knows that it will lose many sellers if it drops paypal.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
^^ Also if you do a credit card chargeback, Paypal will almost certainly ban you, especially if it's a large chargeback.. Those who tout this option always fail to mention that.
"the deal with PayPal runs through mid-2020, and eBay said that PayPal had agreed to a new agreement that will continue to allow buyers to pay with its services through at least 2023."
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
I didn't read the posts, sorry if this was already covered, but it seems like Ebay wishes to copy the Amazon seller model in which Amazon does all the card processing from the buyers, then makes the sellers wait up to two weeks for their money.
The days on Ebay where the buyer payment went instantly into the seller's PayPal account, could be coming to an end.
@stevek said:
I didn't read the posts, sorry if this was already covered, but it seems like Ebay wishes to copy the Amazon seller model in which Amazon does all the card processing from the buyers, then makes the sellers wait up to two weeks for their money.
The days on Ebay where the buyer payment went instantly into the seller's PayPal account, could be coming to an end.
That's my take on it from these greedy bastiges.
EBay would lose a number of small sellers, and I don’t think the aggregate losses are as inconsequential as many think. EBay stock would likely tank.
Comments
Paypal just has to say they are pulling out after agreement is done .. think Ebay would risk just having a newbie payment processor handle payments ... Paypal playing good poker
Hollow threat from PayPal if they were dumb enough to even make it. It would tank their stock, first of all. Second of all, they make money processing payments - any payments. They aren't married to eBay. Only 10-12% of their revenue/profits comes from eBay.
For what it's worth eBay Inc. Common Stock Real Time Stock Quote $46.45 + $5.87 or 14.47% at the moment.
it's crackers to slip a rozzer the dropsy in snide
A quick crash course on this Adyen company reveals that it's a privately held company based in Amsterdam. Their website seems to mostly be full of fluffy stock photos, and of them telling us how great they are, without really being too clear why or how https://adyen.com/ I wonder how many casual coin sellers and buyers will make this transition so easily.
Early American Copper, Bust and Seated.
Use of a credit card via paypal does not reduce your buyer protection. Initiating a CC chargeback is your second line of defense.
And if a chargeback is made paypal deals with the CC company and fights for the seller.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Ebay knows that it will lose many sellers if it drops paypal.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
^^ Also if you do a credit card chargeback, Paypal will almost certainly ban you, especially if it's a large chargeback.. Those who tout this option always fail to mention that.
Early American Copper, Bust and Seated.
It's gonna be a down hill ride from here.
..and PayPal is the opposite:
78.40 (-$6.92) (-8.11%)
Buy, sell, trade. Isn’t it wonderful ?
Yep...................it sure is.
Pete
Did anyone else have to login to PayPal for a new Terms of Service and Seller Agreement before making a new ebay listing?
Or is that just because I'm suddenly selling a lot of expensive stuff after a few years of buying?
Great for amateurs. Not helpful as a business platform.
more info
"the deal with PayPal runs through mid-2020, and eBay said that PayPal had agreed to a new agreement that will continue to allow buyers to pay with its services through at least 2023."
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
I didn't read the posts, sorry if this was already covered, but it seems like Ebay wishes to copy the Amazon seller model in which Amazon does all the card processing from the buyers, then makes the sellers wait up to two weeks for their money.
The days on Ebay where the buyer payment went instantly into the seller's PayPal account, could be coming to an end.
That's my take on it from these greedy bastiges.
It likely means your wallet will be getting lighter if you sell there.
EBay would lose a number of small sellers, and I don’t think the aggregate losses are as inconsequential as many think. EBay stock would likely tank.