dylo
Backside 180
Joined: 01 Aug 2006
Posts: 1041
City: Melbourne/Breckenridge
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 Posted: Apr 16, 2008 7:51 am Post subject: Ebay's Grand Scheme |
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The scam of all scams..
Paypal only..
here 'tis
| Ebay F'Wit's wrote: | ONLINE auction website eBay is using Australia as a guinea pig to trial a new policy where all other modes of payment are barred except its own transaction gateway, PayPal.
Direct deposits, personal cheques and money orders will no longer be payment options from June 17. This is the first time these restrictions will be imposed by eBay anywhere in the world and could be enforced in other markets in the future.
Buyers will have to pay for items via PayPal, cash-on-delivery or Visa and MasterCard debit and credit cards but these transactions would be processed by PayPal as well.
PayPal allows buyers to nominate their credit and debit card or bank account for purchases. Sellers are charged between 1.1 per cent and 2.4 per cent per transaction.
The Australian Competition and Consumer Commission and the NSW Office of Fair Trading both declined to comment on the lack of options for buyers.
However, eBay Trust and Safety director Alastair MacGibbon claims the move will offer its customers more peace of mind although it would upset "some" users.
"Some would be angry but that's a minority. A significant number of our users already use PayPal.
"Internal data shows that those using PayPal are almost four times less likely to have a dispute over their purchase than someone who's paid with bank deposit," Mr MacGibbon said.
Ten categories have been exempted from the PayPal ruling. They are: cars, boats, motorcycles, aircraft, trucks (commercial), trailers, caravans, services, real estate and businesses.
EBay will also expand its PayPal Buyer Protection program from $3000 to $20,000.
Through the scheme, buyers can be reimbursed for undelivered goods or products that don't match their advertised description.
Mr MacGibbon couldn't detail how the amount was derived but said: "The fact that it has increased so much will give people the confidence to trade , knowing that they are protected." |
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