I guess I wont be bidding in anymore Compucheap auctions!

bushmaster8 · June 22, 2008 11:38PM

Not like I was a rabid bidder in Russ's auctions anyway, but... he now REQUIRES paypal.

Homey don't play that!

BRdude · June 23, 2008 12:00AM

Sometimes ya just gotta play the game I guess. Won't make any diff to me as I figure it won't to most

19Lyds · June 23, 2008 12:04AM

As a buyer I prefer PayPal.

As a seller I prefer not to use PayPal but buyers like it so there you go.

ColonialCoinUnion · June 23, 2008 12:08AM

<< Not like I was a rabid bidder in Russ's auctions anyway, but... he now REQUIRES paypal.

Homey don't play that! >>

Fascinating.

a039 · June 23, 2008 12:09AM

It says at the bottom to email him and he will forego that requirement.

TorinoCobra71 · June 23, 2008 12:35AM

<< It says at the bottom to email him and he will forego that requirement. >>

Seems that bushmaster has some further reading to do.

TC71

OPA · June 23, 2008 12:43AM

<< Not like I was a rabid bidder in Russ's auctions anyway, but... he now REQUIRES paypal.

Homey don't play that! >>

I'm sure your business will be missed

It won't be long that the sellers on eBay will not have any other options.

blu62vette · June 23, 2008 12:47AM

I am guessing compucheap isnt the only one so why does it matter?

THEONLYTBONE · June 23, 2008 12:49AM

<< Not like I was a rabid bidder in Russ's auctions anyway, but... he now REQUIRES paypal.

Homey don't play that! >>

Good.....................Maybe I'll win more then..............

dizzyfoxx · June 23, 2008 12:49AM

I think Paypal is the best method of payment and the only one I use.

quattrocoins · June 23, 2008 12:57AM

<< 

<< It says at the bottom to email him and he will forego that requirement. >>

Seems that bushmaster has some further reading to do. >>

"Note about PayPal Account Required: If you don't have a PayPal account, but have a solid eBay history, contact me through the "ask the seller a question" link and I'll be happy to set it up so you can bid."

MadMarty · June 23, 2008 1:02AM

Cool!!! More Russ for me!!!

THEONLYTBONE · June 23, 2008 1:03AM

<< Cool!!! More Russ for me!!!

>>

Move over rover................He is MINE!!!!!!!!!!!.............

LeeBone · June 23, 2008 1:09AM

I just won one of his auctions yesterday and am paying with a Postal Money Order and it`s fine.

dimples · June 23, 2008 1:12AM

Doesn't bother me in the least

cullenbryant · June 23, 2008 1:15AM

this is someones livliehood, you've not been injured by him.

ss350camaro · June 23, 2008 1:16AM

What a crybaby

Russ · June 23, 2008 1:17AM

Unlike eBay, PayPal actually requires some kind of verification in order to set up an account. Under the new eBay rules, I felt it prudent to try and protect myself from throwaway eBay ID's.

<< he now REQUIRES paypal. >>

I still accept all other payment forms.

Russ, NCNE

Connecticoin · June 23, 2008 1:25AM

<< Not like I was a rabid bidder in Russ's auctions anyway, but... he now REQUIRES paypal.

Homey don't play that! >>

As others mentioned, he requries a paypal account to BID, not as payment.

ricko · June 23, 2008 1:27AM

Works for me.. I prefer it... Cheers, RickO

mrearlygold · June 23, 2008 1:30AM

<< Unlike eBay, PayPal actually requires some kind of verification in order to set up an account. Under the new eBay rules, I felt it prudent to try and protect myself from throwaway eBay ID's.

<< he now REQUIRES paypal. >>

I still accept all other payment forms.

Russ, NCNE >>

Sounds like the smart way to go.......especially now.

So all your listings SAY "Paypal account Required" even though the customer can pay in other formats?

How much time did it take to switch all your listings over to say that if that's what it says?

TwoSides2aCoin · June 23, 2008 1:34AM

Russ, us cornfed guys wanna know;

Can we trade milk jugs or aluminum beer cans for coins ?

dac076 · June 23, 2008 1:56AM

It won't be long that the sellers on eBay will not have any other options.

Ebay must be having a hard time figuring out how to implement this, otherwise it would have been done already. The only thing I can figure is that they're afraid it will chase off some buyers who like to pay with checks, either because they are not tech savvy or are apprehensive about online payments.

MajorDuty · June 23, 2008 1:58AM

<< .... paypal.

Homey don't play that! >>

As a buyer why not? Doesn't cost you anything.

wayneherndon · June 23, 2008 1:58AM

There was a time, long, long ago, when Russ wouldn't even accept PayPal when pretty much everyone else was.

WH

BlindedByEgo · June 23, 2008 1:59AM

So it's a non-isuue?

Russ · June 23, 2008 2:03AM

<< It won't be long that the sellers on eBay will not have any other options.

Ebay must be having a hard time figuring out how to implement this, otherwise it would have been done already. >>

eBay is on record stating they will never go to PayPal only in the US. I doubt it's out of any concern for buyers, though. More likely it's because they can't legally get away with it here. They already got their pee pee slapped in Australia.

We will see, however, an increasing number of sellers going to PayPal account required unless eBay finally starts requiring verificatin of buyers.

Russ, NCNE

Russ · June 23, 2008 2:05AM

<< There was a time, long, long ago, when Russ wouldn't even accept PayPal when pretty much everyone else was. >>

This is true. eBay, (and business for that matter), is all about adaptation.

Russ, NCNE

BECOKA · June 23, 2008 2:08AM

I would rather require pay-pal than take a chance on a bad check.

Anyhoo, looks like you did not read the fine print since Russ takes all forms of payment.

dac076 · June 23, 2008 2:10AM

<< It won't be long that the sellers on eBay will not have any other options. Ebay must be having a hard time figuring out how to implement this, otherwise it would have been done already. >>

eBay is on record stating they will never go to PayPal only in the US. I doubt it's out of any concern for buyers, though. More likely it's because they can't legally get away with it here. They already got their pee pee slapped in Australia. We will see, however, an increasing number of sellers going to PayPal account required unless eBay finally starts requiring verificatin of buyers. Russ, NCNE

I thought the jury was still out on the Australia ruling. Since Ebay owns Paypal, it seems like they could just standardize the verification process. It might cause a bit of a delay (and some resistance) if they require identification to set up an account, but it seems that the benefits would outweigh the burdens, and reduce the risk of fraud.

newbiecollector · June 23, 2008 2:16AM

Every item I have bought on ebay I have paid with paypal (Iadmit I haven't bought much). Ony reasonable way I can pay someone when I'm not located in the USA. Also I thought sellers factor in the cost of the paypal fee and they do get the funds fast.

Of course, I may be wrong

Russ · June 23, 2008 2:17AM

<< I thought the jury was still out on the Australia ruling. >>

eBay is appealing, but Aussie authorities have made it clear that they won't budge.

Russ, NCNE

airedale · June 23, 2008 2:29AM

<< It won't be long that the sellers on eBay will not have any other options.

Ebay must be having a hard time figuring out how to implement this, otherwise it would have been done already. The only thing I can figure is that they're afraid it will chase off some buyers who like to pay with checks, either because they are not tech savvy or are apprehensive about online payments. >>

Doesn't PayPal require your social security number to play? Not a good idea to share IMHO.

Russ · June 23, 2008 2:32AM

<< Doesn't PayPal require your social security number to play? >>

As a buyer, no. As a casual seller, no. As a business seller doing significant volume, yes. But then any merchant processing service has that requirement.

Russ, NCNE

a039 · June 23, 2008 3:08AM

By the way Russ, you have some fantastic coins up for auction right now!

THEONLYTBONE · June 23, 2008 3:19AM

<< By the way Russ, you have some fantastic coins up for auction right now!

>>

i'm not impressed really......................

coinpictures · June 23, 2008 4:03AM

I thought about going the "require PayPal" route, but ultimately decided that I would end up scaring away more bidders than I would be protecting myself.

PayPal currently constitutes 95% of my buyers anyway, and I haven't had any payment problems with the other 5%, which are usually about 60% USPS money order, 30% cash, and 10% personal check).

Not really sure what it would gain me at this point...

If anything, "immediate payment required" would be more useful in eliminating deadbeat buyers, but on higher-ticket items the buyer may need to do more behind-the-scenes "juggling of finances" before remitting payment (been there, done that).

Just out of curiosity Russ, have you been having problems with deadbeat bidders or other issues, i.e., what prompted the change?

notwilight · June 23, 2008 4:15AM

I don't want to jinx myself but I'll wait until I have my first problem before I implement any fixes. --Jerry

bushmaster8 · June 23, 2008 4:16AM

So you (Russ) can put me on a list that will enable me to bid in your auctions even tho I have no active PayPal account?

Then, by God, what are you waiting for?

Make it so number one! (ebay ID is bushmaster8)

Russ · June 23, 2008 4:19AM

<< Just out of curiosity Russ, have you been having problems with deadbeat bidders or other issues, i.e., what prompted the change? >>

Nope, no more problems then usual. I average about one deadbeat a month and still do. But, considering the changes eBay has made I decided that an ounce of prevention is worth a pound of cure.

I implemented this the day the new feedback policy went in to effect, and it has had no impact on realized prices. Before I did it, I setup my exemptions list with my regulars who pay by mail, and I've added about three dozen bidders since.

Russ, NCNE

ksteelheader · June 23, 2008 7:04AM

<< 

<< By the way Russ, you have some fantastic coins up for auction right now!

>>

i'm not impressed really......................

>>

Dave99B · June 23, 2008 7:30AM

Makes total sense, Russ.

Dave

P.S. Can you please list less Kennedy's, and more colorful Mercury dimes? Thx!

PawPaul · June 23, 2008 9:34AM

<< There was a time, long, long ago, when Russ wouldn't even accept PayPal when pretty much everyone else was.

WH >>

You had to bring this up huh ?

Show's how anybody can do a complete 180 degree , and change their position entirely , do an absolute about face , change their mind 100% ,

................all in the name of the pursuit of the almighty American Buck

charley · June 23, 2008 9:58AM

The Almighty American Buck is actually hanging on ksteelheaders' wall. I would think his pursuit of this Buck caused him to experience many 180 degree turns and change of position and 100% mind change while pursuing it. Respectfully, John Curlis

halfhunter · June 23, 2008 10:21AM

Pay Pal is SOOO easy! If it's something that I want and the price is right, and the seller doesn't mind waiting for me to get an opportunity to go to the PO to buy a MO, that's good too. Although paying by MO costs me a couple of bucks extra plus the time and a trip to the PO, I'm just too impatient to pay by check. BTW I only use USPS MOs.

Oh yea, Russ I'm coin-guy366 on eBay just so you don't think that I am a throw-away ID bidder!

Regards, John

chaze215 · June 23, 2008 10:45AM

I prefer Paypal as a buyer and seller. Anyway....who is Russ and what is his ebay handle?

chaze215 · June 23, 2008 10:49AM

Nevermind.

seemyauction · June 23, 2008 11:00AM

<< I would rather require pay-pal than take a chance on a bad check.

Anyhoo, looks like you did not read the fine print since Russ takes all forms of payment. >>

Nothing personal BECOKA, but I've never had a bad check in the 10 years I've been selling online......I've had 1000's of dollars worth of chargebacks.

Most of them came from situations like this one.

Buyer pays with paypal, items is lost in shipping, I file insurance claim, buyer does a charge back, insurance pays the buyer......I'm stuck fighting paypal to get my money back.

I guess I wont be bidding in anymore Compucheap auctions!

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