eBay- Are they getting greedy?
By allkinds on Nov 5, 2008 | In Business
That is a question I have asked myself lately, I think they are. Why? That is a truly simple answer Paypal. How dare they tell their sellers that they can now only accept Paypal as payment? Let me correct that the seller can also accept credit cards if they have a merchant account. How dare they tell their buyers how they can pay? So if you are seller you can only accept Paypal or you must have a merchant account with a third party, if you are a buyer you can only pay with Paypal or a credit card. This means that all the sellers that only accepted a money order or a check have to either accept Paypal or credit cards or be out of business. Then if you are a buyer you can only buy if you do the same use Paypal or your credit card.
I feel that eBay has gone to far on this one! And yes I feel they are greedy why because they own Paypal if you didn’t know that. So not only are they making cash with eBay they are going to make even more cash with Paypal. You know why they did this right? Because they were losing money, if a person pays with a check or money order that means they are not paying with Paypal which means eBay loses money. eBay say’s they did this to protect the eBay community but I believe that is just an excuse. On another note, if you sell in certain categories you still can accept a money order or check. What do you think about this?
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