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FilthyRaider
regular
Reg'd: Thu
Posts: 543
Loc: It's dark very dark.......
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PayPal Security Change or Closing The Monopoly?
Mon Mar 24 2008 12:49 PM
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An announcement on eBay today:
"Currently, PayPal is offered on about 95% of listings on eBay.co.uk. Starting in late April 2008, we will require all sellers on eBay.co.uk to offer PayPal on their listings."
So finally you CANNOT list on eBay and accept just Cheques or POs. Is this a good security move or are they now making their payment monopoly complete? What happened to the 'review' of Google Checkout, I wonder?
Also another interesting note:
"PayPal is targeting a very small percentage of sellers who pose the greatest risk of driving away buyers by not successfully completing a transaction, and holding their payments until we know that everything in the transaction has gone to plan."
Admittedly their are real pains as sellers on eBay but is this legal, do you think? You sell, the buyer pays, but you cannot touch the money until the buyer says 'okay'..................Hmm, how will that work, do you think?
As an aside, as long as you offer PayPal you can offer other methods. I have to admit I prefer PayPal as a payment, but it is immensely flawed if the buyer has never bothered to confirm their address - without this, a seller has NO protection even if the item is sent tracked. Cheques are okay, but I have had people email me after sending the cheque to say 'Don't present it for a week, I'm skint' and some take ages to actually send them.
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I loved my grandmother very much.......and she fetched a good price on eBay.
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