Ebay #@$^&*&% - PayPal only from 16 June.

[griffin]

I can understand why they are doing it (with a large number of transaction disputes apparently relating to payments outside of paypal), but I wouldn't be too keen to use ebay if I can't get payment direct into my account. When you get money by paypal, you lose about 5%, then lose more when you transfer any money into your bank account from your paypal account (through fees and fudged exchange rates).
I do use paypal a lot for purchases (sorta need to for all the foreign purchases I make), but I prefer people use direct deposit when buying stuff from me.

[i_amtrunks]

Well my usage of ebay will drop dramatically now. I prefer direct deposit when buying, its quicker for the cash transfer etc.

I hate having a symbol saying payment is pending on ebay for a week.

[Burn]

It really is a bad move and will stop the casual seller (like myself) from selling on e-bay.

Personally i'll even be reluctant to buy things now as well. Before even if the seller had Paypal as an option I chose the direct deposit option instead to save them a few fees.

But if E-Bay is going to shove Paypal down our throats then it's time they REALLY start to conform with banking industry practices.

[Gutsman Heavy]

well no more selling on eBay. Jerks.

[dirge]

I can imagine a lot more "COD" via Direct Deposit...

Dumb move. Just because you're dominant doesn't mean people will flock to you by default. eBay's market position was built up partly through ease of use. As Burn alluded to, it's the more casual users who will just abandon eBay.

Personally, I normally purchase stuff from overseas anyway, and use PayPal for that. But I'll use eBay Australia even less, because the number of casual sellers will drop (and the scalpers/most dealers on eBay Australia are of no use to me).

[jaydisc]

It sucks, but other than for greed purposes, it does prevent bucketloads of fraud. It's your standard two pronged sword. Of course, their monopoly doesn't really help the situation. Thus, discontinuing the use of eBay will ultimately be biting off your nose to spite your face.

[griffin]

Just got the email from ebay, and includes something that prevents people who don't like paypal or have a credit card from using ebay to sell stuff.

From 21 May you must offer PayPal on all your listings as well as currently permitted payment methods.

From 17 June you will only be able to offer PayPal on your listings and pay on pick up (i.e.paid for when picking up the item).
Pay on pick up can only be offered in conjunction with PayPal. No other payment methods will be permitted.

It might save them time and money by eliminating disputes, but it will surely have an effect on their revenue. Then again, forcing everyone to use their paypal service, could generate ebay more money in the end (more than half of my local sales in the past have been paid by direct deposit).

[Tetsuwan Convoy]

Mr MacGibbon acknowledged that some buyers would be upset by the change, but believed most would benefit from the increased level of security.

Taken from the linked article in the first post.
Its very buyer based now isn't it?

I only used paypal for overseas transactions and because of the percentage they charge on transactions for paypal only wanted payment via bank deposit. Now with Listing fees, Final Amount fees and now paypal fees its 3 sets of fees on top of transferring the money into a real account.

Any other Auction sites that we can change to and show Ebay that they suck.

[STL]

Thus, discontinuing the use of eBay will ultimately be biting off your nose to spite your face.

Very nicely put.

I'm mostly a buyer and a very rare seller. So it won't affect me a great deal. I can imagine it will deter me from even selling now since i'm so casual. I guess we'll just see less n less casual sellers which will be a pity since its often a bargain bin for me.

[Rampage]

just charge a few bucks extra (5 for every 100 spent) for shipping to cover the costs

www.oztion.com.au is the only other auction site i know but they dont have anything usually tf wise