Ebay going paypal only.

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nace186

Platinum Member
Sep 16, 2006
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Text

Somewhere along the way, eBay seems to have fallen under the impression that gasoline is a great flame retardant. As if a slew of negative policy changes and a failed acquisition weren't causing the company enough problems, eBay has announced that, come next month, PayPal will not only be the preferred method of payment in the US, it will be virtually the only method, period.

Announced in a seemingly innocuous FAQ update (hat tip: The Inquirer), eBay will no longer allow checks and money orders as payment methods across its site beginning in "late October 2008." Except for a few specific items like cars, real estate, industrial equipment, and "mature audience" goods, eBay will only allow PayPal, ProPay, and payment upon pickup as compensation methods.

"We're making this change to better meet buyer expectations for a consistent, more secure checkout experience on eBay," another portion of the FAQ update says. "This should increase buyer confidence in shopping on eBay, which should result in more buyers and increased sales for sellers. The change will directly benefit sellers by making payments faster and more reliable, enabling sellers to ship more quickly and increase buyer satisfaction."

eBay is also wearing its new "What, me compete?" policy on its sleeve, as alternative payment methods like Google Checkout and Checkout by Amazon are deemed to "compete with eBay on a number of levels, so we are not going to allow them on eBay." The company also states that more alternative electronic payment providers will be added in coming months, with ProPay cited as a good faith example. Direct credit card payments to vendors with a merchant account are still allowed, as well.

The site's aggressively self-interested payment policy change isn't the first sign of trouble at eBay. The stumbling giant has been tripping over itself since at least since 2006, and its moneybag has a Skype-sized rip in the bottom. Clubbing Craigslist?a company eBay heavily invested in?this spring over secretive meetings and ulterior motives didn't help anything, and gagging sellers from leaving feedback of any kind on buyers sparked a revolt.

Then there are eBay's phishing fraud and software piracy problems, plus its clear move away from the auction format to an online flea market. But let's also not forget that eBay tried?and failed?to pull a PayPal-only stunt in Australia earlier this year. eBay used the same "transactions will be safer, more secure" spiel down under, but the Australian Competition and Consumer Commission said the move was unfair.

Dropping checks and money orders in the US could put a dent in eBay's payment fraud headaches. But denying outright the use of competing payment platforms in favor of its own will likely do nothing but fuel the fires that already engulf the company's struggling auction service.
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This is terrible. I don't use it much anymore, but I still use it occasionally. I wish there's a serious competitor to them.
 
rudeguy

rudeguy

Lifer
Dec 27, 2001
47,351
14
61
craigslist or fsft is the only way to go.

Paypal screwed me out of some serious money a few years ago. I wouldn't use them again if my life depended on it.
 
C

CrazyLazy

Platinum Member
Jun 21, 2008
2,124
1
0
ebay/paypal suck. The only purpose this serves to try and expand their monopoly of the online payment platform. All it will do is alienate people though.
 
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Eli

Super Moderator | Elite Member
Oct 9, 1999
50,419
8
81
What?

That's fucked up. So you're saying that if I want to only accept a money order for something I'm selling on eBay, I won't be able to?

That's a bunch of crap. They can kiss my ass.

:|
 
jpeyton

jpeyton

Moderator in SFF, Notebooks, Pre-Built/Barebones
Moderator
Aug 23, 2003
25,375
142
116
I already moved to PayPal-only a while ago.

No doubt this will annoy the smaller or once-a-month sellers.
 
KK

KK

Lifer
Jan 2, 2001
15,903
4
81
But denying outright the use of competing payment platforms in favor of its own will likely do nothing but fuel the fires that already engulf the company's struggling auction service.
Click to expand...

How the fuck could they be struggling? They are raping folks left and right every couple months by raising their fees. It's not like they should have alot of overhead.
 
E

Eli

Super Moderator | Elite Member
Oct 9, 1999
50,419
8
81
How is this even going to be enforced?

I'll just say PayPal*




*Contact me via e-mail

And then I'll tell them to send me a money order. :roll:
 
Oceandevi

Oceandevi

Diamond Member
Jan 20, 2006
3,085
1
0
Originally posted by: rudeguy
craigslist or fsft is the only way to go.

Paypal screwed me out of some serious money a few years ago. I wouldn't use them again if my life depended on it.
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This has happened to every serious ebay user I know.
 
Oceandevi

Oceandevi

Diamond Member
Jan 20, 2006
3,085
1
0
Originally posted by: KK
But denying outright the use of competing payment platforms in favor of its own will likely do nothing but fuel the fires that already engulf the company's struggling auction service.
Click to expand...

How the fuck could they be struggling? They are raping folks left and right every couple months by raising their fees. It's not like they should have alot of overhead.
Click to expand...


chasing people away.
 
TwiceOver

TwiceOver

Lifer
Dec 20, 2002
13,544
44
91
Don't care. The few SuckAssBay auctions I put up are all "Item will ship after payment clears BANK ACCOUNT * NOT PAYPAL ACCOUNT*. This can take 4-7 days."
 
F

FP

Diamond Member
Feb 24, 2005
4,568
0
0
Just closed my account. Fuck eBay.

Now I just have to wait for my final $$$ transfer to clear from PayPal and I can fuck them too!
 
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