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#6
12-16-2014, 11:05 AM
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auction houses
Kevin,
I'm glad you were able to avoid the problem on ebay. After bidding on some high dollar items recently in some high profile auctions, I was a bit taken aback when I tried to pay with a credit card and was asked to send a money order or personal check for the items. This shows me that not only are the auction houses saving a few percent on the transaction, but that they are covering themselves totally by not accepting paypal or credit cards (and having possible fraudulent chargebacks). One of the auction houses did accept credit cards if your winnings were below $2000 I believe. It actually got me thinking that it was a very smart move by them. Ebay/Paypal of course do not care about Sellers and make it very difficult for Sellers to try this approach. mike Last edited by vthobby; 12-16-2014 at 11:07 AM. 
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