PayPal Throws In The Towel Down Under: Card Sellers WIN
storm888
Posts: 11,701 ✭✭✭
storm888
Posts: 11,701 ✭✭✭
storm888
Posts: 11,701 ✭✭✭
Comments
fight the power!
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eBay Australia made the following AB post:
Existing payment methods to remain on eBay.com.au
eBay has withdrawn its notification to the Australian Competition and Consumer Commission (ACCC) about removing other payment methods. Instead eBay will continue to allow all existing payment methods on eBay.com.au.
We have decided to withdraw the notification to stop any further confusion and disruption among the eBay Community.
eBay regrets any uncertainty that this process has caused among the Community and believe that today’s decision will remove further doubt.
eBay’s goal has always been to provide members with a safer experience. Under the current circumstances, we will continue to look for ways to do that while still offering a variety of payment choices.
eBay requires all sellers to offer PayPal as a payment choice on eBay.com.au along with other permitted payment methods of their choosing.
Although we have decided not to move ahead with the further planned changes, eBay is pleased that all buyers can now choose PayPal along with other permitted payment methods of their choice.
Other recently introduced safety measures, such as PayPal Seller Protection and increased PayPal Buyer Protection (now up to $20,000) will also remain.
Regards,
The eBay Team
I particularily like this one comment by a poster:
Paypal is not a bank and eBay is not a Stock Exchange
I wish ebay will realize that they are not a stock exchange and they do not own a Central Bank. If they want to flaunt their clout, at least they should get a banking license for Paypal. Paypal has the worse service as a money transfer agent but the most dictatorial power over their customers. I have never seen any bank or money transfer institution, including banks, which even dare to place a hold on my fund at will (Paypal's will) without a court order. How could they subject all seller to use paypal and ignore the day-to-day banking sysytem. If they think they are above the law, they should do it without the market dominance protection of eBay. Thumbs up for australian ACCC