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Apr-20-2008

eBay to accept Paypal payments only

Posted by admin under News

As of 17th April, eBay will be enforcing Paypal payments (and cash on delivery) as the only forms of payment for all listings. Paypal, which is subsequently owned by eBay charges a fee to its sellers in accepting Paypal payments from buyers. This is on top of the eBay listing as well as final auction fee eBay charges.

ACCC has stepped in to investigate the changes which has angered many professional sellers.

Ebay has defended its change as an “improvement to safety”. Payment protection insurance for unreceived goods that can be claimed from eBay has also increased from $3000 to $20,000.

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