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-   -   eBay going to 100% electronic payments only (https://www.yenko.net/forum/showthread.php?t=100406)

John Brown 08-21-2008 10:43 PM

Re: eBay going to 100% electronic payments only
 
[ QUOTE ]
A postal money order is considered same as cash.
and last time I checked it was ILLEGAL to refuse cash as payment for debt.

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Looks like ebay may have a few more lawsuits..... https://www.yenko.net/ubbthreads/imag...lins/dunno.gif

copo69 08-21-2008 11:00 PM

Re: eBay going to 100% electronic payments only
 
looks like Ebay is pandering to the "commercial" type of seller

firstgenaddict 08-22-2008 12:28 AM

Re: eBay going to 100% electronic payments only
 
Ebay is pandering to the government...

69B Z28 08-22-2008 01:45 AM

Re: eBay going to 100% electronic payments only
 
[ QUOTE ]
It's also lowering the listing fee in hopes of attracting more sellers as well as buyers.

[/ QUOTE ]

Yes, but at the same time they are raising the final value fee (percentage) ....Again!

427.060 08-22-2008 02:51 AM

Re: eBay going to 100% electronic payments only
 
The main reason Ebay is doing this is because they own Paypal. I would rather use Paypal. I have been using Paypal for over 8 years and have never had a problem. When I signed up for Paypal it was all free and they actually gave you $5 for joining. It's too much trouble to get money orders and a lot of sellers don't like taking checks. As far as the Paypalsucks site posted above, Like with any business, there will always be unhappy people. How many transactions go through Paypal a day without a problem? Let one person have a little trouble and it's all over the net but you never hear about the millions of good transactions. I would be willing to bet that most of the bad transactions that go wrong do so because the one complaining didn't follow all the required steps. I would imagine a lot of companies would love to have the customer service rating that Paypal has.
James

firstgenaddict 08-22-2008 03:05 AM

Re: eBay going to 100% electronic payments only
 
The reason they are doing it is so the Government knows where the money is coming from and going to, they do not like cash transactions... especially on the scale of ebay...
and on that note I say... NO MORE EBAY! https://www.yenko.net/ubbthreads/imag...thumbsdown.gif Now why does every transaction need to be centrally tracked? https://www.yenko.net/ubbthreads/imag...mlins/hmmm.gif I wonder...

Verne_Frantz 08-22-2008 03:23 AM

Re: eBay going to 100% electronic payments only
 
OK OK OK...........if evil bay insists we use PayPal to keep selling there, What's involved?????? I don't have a debit card and I'll be damned if I'm going to give ANYONE my bank account number. Now what?????????????? https://www.yenko.net/ubbthreads/imag...emlins/mad.gif https://www.yenko.net/ubbthreads/imag...emlins/mad.gif https://www.yenko.net/ubbthreads/imag...emlins/mad.gif https://www.yenko.net/ubbthreads/imag...emlins/mad.gif https://www.yenko.net/ubbthreads/imag...emlins/mad.gif https://www.yenko.net/ubbthreads/imag...emlins/mad.gif https://www.yenko.net/ubbthreads/imag...emlins/mad.gif https://www.yenko.net/ubbthreads/imag...emlins/mad.gif

firstgenaddict 08-22-2008 03:29 AM

Re: eBay going to 100% electronic payments only
 
Maybe you could get a visa gift card... like from the mall... and use that? I want to know how one would retain any anonymity from God knows who looking at what an individual is buying or selling... very very Orwellian...

Can't have the people trading amongst themselves they must run transactions through us...

It's not enough that they get a fee off of all of it... now Pay Pal will be receiving more deposits, and I'll bet that Pay Pal is part of a Bank... somewhere or somehow the money is going through a Bank associated with Pay Pal / Ebay and they are making interest and or are using it as investment capital either way it is just another way for the banks to keep transactions going through them.

DaveC68 08-22-2008 04:09 AM

Re: eBay going to 100% electronic payments only
 
If I'm not mistaken, Ebay owns paypal.
...ebay collects its listing fee from the seller, then collects its % at the completion of the auction, then paypal takes 3% from the total the seller receives, and finally if the seller is slow to request paypal to transfer the money to their personal bank account it sits in the paypal account ( and guess who's making the interest on that $$?)
and finally when you request your money transfered from your paypal account to your personal account, it takes @ 3days...can you say float?
I think thats it in a nutshell.
Seems like the time would be ripe, as stated earlier, for a "new" motors type auction service...but would it too be forced to be as forthcoming with the government?
I think this is going to hurt Ebay's bottom line in a BIG way.

firstgenaddict 08-22-2008 04:15 AM

Re: eBay going to 100% electronic payments only
 
[ QUOTE ]

Ebay owns Paypal

[/ QUOTE ]

My Point Exactly...

[ QUOTE ]
I think this is going to hurt Ebay's bottom line in a BIG way.

[/ QUOTE ]
I think they are going to be amazed...


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