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Will Ebay Australia be able to force sellers to only accept payment via Paypal or C.O.D.?

Settled as No

http://pages.ebay.com.au/useprotection/changes.html
visa/mastercard will be accepted

Background:

Background: As of June 17, barring regulatory intervention, the auction giant will allow sellers to offer only two payment options -- cash on delivery or PayPal, the eBay-owned online transaction service. No more direct bank deposits, no checks, no money orders.

Will there be intervention or will EBay prevail? Something like this may eventually happen in other countries if they succeed.

http://www.smh.com.au/news/web/ebay-probed-over-paypal/2008/04/16/1208025245331.html?page=fullpage

http://www.petitiononline.com/ebayau/petition.html

http://www.accc.gov.au/content/index.phtml/itemId/823668/fromItemId/776499

http://apcmag.com/ebay_boss_not_offering_paypal_is_like_buying_heroin.htm

Predictions suspend on 5/31 but June 18th will be the settle date (thus making this more of a prognostication question then a cash cow).

Settlement details:As reported by a major mainstream news source.

 
Forecast history %
Yes
40%
No
60%
Settled as No on Sun 8th Jun 2008 10:57pm PST

Suspend date: Sat 31st May 2008 11:59pm PST
Settlement date: Sun 8th Jun 2008 10:57pm PST
Prediction cut-off: Predictions on this question after Sat 31st May 2008 11:59pm PST have been voided because they were made after the question could be settled

Initial likelihoods: Yes: 40%

Action history:

Created Wed 7th May 2008 10:53pm PST by epicur
Suspended Sat 31st May 2008 11:59pm PST : Suspend date reached
Settlement requested Sun 8th Jun 2008 7:48pm PST by curios: the answer is no they allow master card and also visa on some items see 27th of june 08 on ebay
Settled as 'No' Sun 8th Jun 2008 10:57pm PST by andrew: http://pages.ebay.com.au/useprotection/changes.html
visa/mastercard will be accepted

Suspend date: Sat 31st May 2008 11:59pm PST
Settlement date: Sun 8th Jun 2008 10:57pm PST
Prediction cut-off: Predictions on this question after Sat 31st May 2008 11:59pm PST have been voided because they were made after the question could be settled details

 

Predictions (9)

1 year ago
epicur predicted No (H$50 at 60%)
1 year ago
curios predicted No (H$300 at 60%)
1 year ago
bayoubear[Admin] predicted Yes (H$200 at 40%)
1 year ago
gingerboi predicted Yes (H$200 at 40%)
1 year ago
epicur predicted No (H$100 at 60%)

Comments (3)

  1 epicur
See the following question about further paypal issues :

http://www.hubdub.com/m7966/How_Long_Will_It_Take_PayPal_To_Fix_The_Drop_Down_Menu_Bug#newcomment
posted 1 year ago
  2 randburg
You can tell how powerful Ebay has become when you consider: how many sales institutions HAVE THEIR OWN BANK? I was several years ago in the US that Ebay forced powersellers to accept paypal or risk losing business to another seller who WOULD accept paypal. The result was that everyone (of importance) was forced to take paypal. When I first started selling on Ebay in 1999, most of my business was by check. Then fraud set it, and most of my business was by money order. When I quit Ebay as a powerseller (when the last set of seller cost increases arrived), my business was 99% paypal.

On top of all of that, right now Ebay is trying to push sellers to offer FREE SHIPPING. Is Ebay CRAZY?? Shipping expenses just went up again in May, and Ebay thinks that sellers can EAT shipping costs? It's not unusual for shipping costs to be HIGHER than the cost of the item. Ebay is also pushing auctions to start UNDER $1 American. Ebay is NOT generating enough new buyers, because it is too stingy with profits to advertise properly. So many items actually SELL BELOW $1 and Ebay expects you to ship for free.

Is Ebay studying economics with the Bush Administration? If that's true, perhaps Ebay is going to invade Australia and double the price of gas in America...
posted 1 year ago
  3 randburg
That should be: "IT was several years ago..." (Sorry).
posted 1 year ago

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