Ebay sellers who take Paypal, new policy coming

[kranky]

There have been a number of threads about sellers who didn't want to accept credit card Paypal because you had to upgrade your Paypal account. You won't have a choice any longer.

This is from ebay:

Beginning August 19, 2005, all sellers who offer PayPal as a payment option for their eBay listings must accept all forms of PayPal payment. This includes payments made via PayPal account balances, bank accounts, or credit cards, regardless of whether sellers display the PayPal logo with credit card icons.

We've had a lot of buyers and sellers tell us that the current policy is confusing, or felt it was unclear how PayPal's and eBay's respective policies applied to the situation where a seller displayed the PayPal logo but stated in their item description that they only accept payment via a balance or bank transfer. Our goal in updating this policy is to not only provide a consistent user experience for buyers, but also to create clearer policy and to better provide a level playing field for all sellers on eBay.

When the new policy takes effect, sellers who list with a PayPal Personal account may still receive payments funded via account balance or bank account transfers but must also be willing to upgrade to a PayPal Premier or Business Account if they receive a credit card payment via PayPal from their buyer.

Additionally, sellers may not communicate to eBay buyers (for example, in their item description) that they only accept, or will not accept, specific forms of PayPal payment. Doing so in a listing can lead to it being cancelled, and refusal to accept a payment after the auction has ended will constitute Seller Non-Performance.

 

[NascarFool]

You do have a choice. Just don't accept paypal for payment.

 

[Acanthus]

So if i read this correctly, they are basically forcing all paypal sellers to upgrade to premier accounts?

Time to buy Ebay stock.

 

[dabuddha]

Guess I won't be accepting paypal anymore.

 

[kranky]

Originally posted by: Acanthus
So if i read this correctly, they are basically forcing all paypal sellers to upgrade to premier accounts?

Time to buy Ebay stock.

Technically, they aren't forcing people to upgrade. As long as none of your buyers use Paypal via credit card, you can keep the personal account. But once a buyer uses credit card Paypal, you have to upgrade according to the new rules.

 

[Pepsei]

fine, I'll start listing my auctions with 5% cash discount.

 

[Triumph]

Then list something like, "Bank transfer" or "Balance transfer" as a form of payment. Don't mention Paypal. Still confusing to the idiots, but who wants to buy from/sell to an idiot?

 

[Ryan]

Ross beat you! http://forums.anandtech.com/messageview...atid=38&threadid=1639619&enterthread=y

 

[kranky]

Originally posted by: rbloedow
Ross beat you! http://forums.anandtech.com/messageview...atid=38&threadid=1639619&enterthread=y

I should have known! Shame on me.

 

[DainBramaged]

Originally posted by: dabuddha
Guess I won't be accepting paypal anymore.

 

[ryanv12]

That sucks. Good thing there's the AT FS/FT forums.

If I do sell on Ebay, I suppose it'll just be MO or a money wire.

 

[eplebnista]

Won't affect me, as I have been accepting CC payments for 4 years 10 months 13 days.

 

[alkemyst]

Originally posted by: Pepsei
fine, I'll start listing my auctions with 5% cash discount.

that's cool and all, but paypal will pull your account and now probably ebay since they are one and the same.

 

[dman]

Big deal. So now the sellers will (all) have higher shipping and handling fees to compensate. At least all those buyers won't be confused anymore.

Of course, the buyers we'll just complain that the shipping is too much after winning instead of bidding the amount they want(ed) to pay in the first place and factoring it in. Too bad for them.

[edit] Looks like all was covered in the original thread Rossman posted [/edit]

 

[PingSpike]

Ebay has sucked for like 5 years anyway.