EBAY Payment Change:

[icollectDCsports]

Will the new payment system require buyers to link to a verified bank account, or will you be able to run it solely through a credit card? Thanks in advance for any more specifics on how this will be set up.

[ibuysportsephemera]

Originally Posted by icollectDCsports

Will the new payment system require buyers to link to a verified bank account, or will you be able to run it solely through a credit card? Thanks in advance for any more specifics on how this will be set up.

I have not read yet the requirements for the eBay payment service. I do know that it is in beta testing.


Jeff

[toledo_mudhen]

I also assume that the seller fees on receiving the payment will still be there (or increased).


Credit Card on File is probably the absolute easiest way for eBay to process a payment (not much programming there).


There has never been a better time for one (or more) of you "smart" guys to set up the next big online auction site (IBay?).

[MikeGarcia]

Originally Posted by toledo_mudhen

I also assume that the seller fees on receiving the payment will still be there (or increased).


Credit Card on File is probably the absolute easiest way for eBay to process a payment (not much programming there).


There has never been a better time for one (or more) of you "smart" guys to set up the next big online auction site (IBay?).

I was thinking along the lines of "54-Bay" or "Leonville" because we'll need deep pockets ...

..

[bmattioli]

I highly doubt eBay will ever make it difficult for the buyer to pay for a purchase. They ain't that dumb..

[D. Bergin]

As somebody mentioned already, this is in Beta right now. Apparently the seller mentioned in the first post agreed to be part of the beta program. Then Ebay decided to hamstring to sellers who agreed to be in their program and actually try and help them out, and told them they can't ever opt out once they are in, and they can no longer accept Paypal.

Really one of the silliest things I've ever seen Ebay do.

It's really amazing how many times they've shot themselves in the foot, simply so they can limit interaction between buyer and seller, and save themselves a few pennies in off site deals.

They've cost themselves big money AND customers hand over foot, literally chasing pennies and trying to bring down the hammer on all their sellers in the process.

Total greed move, spinning off Paypal to raise funds, and then deciding to sabotage it, and start all over again from scratch.

It's all very slimy.

[samosa4u]

https://www.recode.net/2018/1/31/169...ents-agreement

Here is an article from January that might interest you guys.