Err Guys, most of you are forgetting one very important point.
eBAY is a Commercially run Website not a GodGiven Right.
Talking about government intervention is Madness
You don't want another Snowe style Bill controlling internet usage.
I think eBay profits will increase in time because of this policy.
Confidence of the average eBay/Paypal user will increase due to the better control of transactions.eBAY has better chance of tracking and ensuring safe transactions via PayPal than any using alternative methods.
eBAY owns/control PayPal ,it does not have access to all the other methods people use online to track the transactions.
Requiring exclusive use of Paypal for eBay transactions is no different than Australian Government Requiring Exclusive Use of their own issued banknotes and coinage for payment of goods/service. No-one in Australia can print their own banknotes and than expect them to be usable by others.
Any store can issue their own internal coupons/voucher/ StoreCash/ChargeCards / Whatever ,but will not / cannot expect to accept the same things issued by the oppostion store across the road.
If you don't like their policies ,LEAVE.
If that affects eBay profits,then eBay will/may re-consider the policy
My prediction is an initial 10-20% user reduction ,than a general increase to even higher level of usage than at present.
What would you think of a retail outlet that refuses to sell to customers who don't pay with a credit card issued by that same outlet ?
Oh well you can shop elsewhere after all.
But I think that when you run a business consumer convenience should be on top of your list. Problem with the big monopolies, they tend to forget who feeds them
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This argument is ridiculous. No one has forgotten that ebay is a commercially run business. You seem to be forgetting that they have a monopoly in online auctions. It is illegal for a company to use a monoploy in one market to gain a monopoly in another market. Ask Microsoft how their decision to use their OS monopoly to try and get a monopoly in browsers panned out. What ebay has done is even worse though, because they are purchasing companies and then trying to control the new markets through their monopoly. If you think that companies should be able to build monopolies and then buy more monopolies, then you will be living in a world with very few choices.
Now you seem to be forgetting that ebay is a commercial operation, whereas the Australian Government is governmental. That is a huge difference.
That is easy enough to say, if you never want to sell anything of significant value on an online auction ever again (except maybe domains). Ebay has a monoploy on online auctions, and so since there are no other viable alternatives, they have to play by a different set of rules. That is just the way the law is. They will only be able to tip toe around it for so long.
I like to have choices! I have used paypal with all my ebay transactions, but I still liked having the option of using other methods when paypal randomly freezes my PP account.
I am not a fan of the way either one handles their customers, however I continue to use both. I hate it when you have to use something simply because you need it, there aren't any other choices out there.
I used to do a lot of business on ebay and I have to say that only about 70% of the customers paid via paypal, the rest all payed via cheque etc... However for domains and information paypal is the gerneral payment method.
I think ebay likes to make one mistake after the other, the thing is they are not going to make much more money by making people use paypal because most do anyway. However it will lose a lot of business in certain countries if it applies it to all operating countries especially europe.
As for Domainers...well it isnt going to affect the Domain industry...because people generally pay via paypal for domains anyway. I wonder if people will want to go through with big transactions on paypal...NOPE...
the forced paypal thing goes ahead on the 21st of may in Australia, everyone is opposing it manly for the fact that ebay/paypal is double dipping in fees and lack of flexibility in payment(eg.bank deposit, money order) . Paypal are favoring towards the buyer greatly buy increasing the buyer protection to AU$20,000.
This might be bad news for a lot of people. Getting refunds from PayPal is like pulling teeth from an alligator...you might get it out but your going to have scars. But since they own PayPal it only makes sense from a business perspective.
Well, I guess i Just won't be able to use ebay anymore. I'm certainly not going to be forced to use Paypal. I DON"T TRUST PAYPAL! I prefer to use merchantinc.com (paypal alternative) like this site that is much safer and more user friendly.
I was doing good pushing ebooks, untill they changed their download policy. The affiliate platform change ruined a site of mine with 500+ afilliate links. Than the final blow with the feedback and 8% final selling fee was it. Paypal and ebay are a joke, what we need is google auctions with google checkout!
I stop using eBay two years back cos they charged me -$24.90 each month off my debit card. Yup, negative twenty-four dollars and ninety cents! Thats the amount that appear in the invoice they sent.
Question. Isnt this against some law to do with gouging. Basically if you become banned from paypal your screwed from using ebay. What a waste. I hate ebay.
I think this decision is going to hurt ebays profit in the long run
I think they will end up losing a lot of customers over this action, lets face it, if someone had the brainchild to set up something similar with costs below ebay's and the word got out then surely people have the right to decide whom they give there custom to.
If they want to stay with ebay and be forced to use paypal so be it.
