PayPal not on eBay - glitch or new deal?
- Thread starter miktec
- Start date
GruntPuppy
pfm Member
Their deal with paypal is over - they were going to use another service (Chinese iirc), but as it hasn't shown up on the page yet I'm assuming that fell through.
That said - one moment (wombles off to eBay to buy a thing)
OK, Paypal is back in the room
The deal was supposed to be ending in 2020, with eBay changing to direct transfer of funds, apparently. That's what the internet says, and we all know it never, ever lies.
That said - one moment (wombles off to eBay to buy a thing)
OK, Paypal is back in the room
The deal was supposed to be ending in 2020, with eBay changing to direct transfer of funds, apparently. That's what the internet says, and we all know it never, ever lies.Much, often.
The system is slower - takes something like 5 days to be paid, but costs are reduced.
With the amount of ££ going through EPay, that delay will earn them mega-bucks, but will save sellers a small amount.
miktec
retired
Their deal with paypal is over - they were going to use another service (Chinese iirc), but as it hasn't shown up on the page yet I'm assuming that fell through.
That said - one moment (wombles off to eBay to buy a thing)
OK, Paypal is back in the room
June 2023 was the date I read somewhere on 't web ...
But sounds like it may have been be a glitch then after all - will try again later.
(or pop down the shops this week ....)
GruntPuppy
pfm Member
I realised I need some more cat5 cables, bought 'em without a problem using paypal.
calorgas
Generic middle-aged man
I've been barraged by emails imploring me to update my details lest I lose my ability to list items for sale i.e. give them my bank details. I've not done it as I'm tempted to use this as an opportunity to wean myself off eBay (as I've previously done on Amazon). I'm feeling some teenage rebellion welling up and am inclined to decline. Sod 'em all
"Used to" is the operative phrase.
I've been cajoled and mildly threatened (a bit melodramatic) to add my bank details, lest I lose my ability to sell.
I don't want Ebay knowing my payment details. I do put a lot of business through them, mostly buying, but selling too.
Most of my items are high value, many of them collect only.
The main change for a seller is the 12.8% commission, whether it's a cash sale or not and the fact they will hold on to your payment instead of being paid immediately if you were a mature Paypal account holder (mature in the sense of having plenty of transaction history and not a new user).
I don't like that, they shouldn't be charging for something they don't provide any utility or service for and they're also holding onto my money for their benefit.
I'm going to see how long I can abstain.
irb
pfm Member
Because normal card payment is now an option on eBay, and it avoids the seller having to pay PayPal fees.
If a seller allows PayPal and a buyer uses it, the seller will have to pay the new, increased eBay fees as well as the PayPal fees.
irb
pfm Member
Ah, I think you're correct. Sorry for the mistake. However, from what I've read, buyers can still choose to use PayPal to pay. If they do so, though, who will pay the PayPal fees? I'm confused.
awkwardbydesign
Officially Awesome
I have a separate bank account I use to feed PayPal. They can have details of that, and I will empty it as soon as I have sold something. I still (today) pay with PayPal.They won't be having my bank details. I hope their greed comes back to bite them on the arse
As for the 2.8% charge, I may have to sell my QUAD 2805s on ebay (if they don't sell on one of the forums), and that will be for cash or bank transfer on pick-up. As they won't be couriered, I won't be protected by ebay. And they will still charge 2.8%!
simon g
Older, wiser but no longer retired
If you've noticed, of late, when making PayPal purchases that the payment is to ebay, who then pass that on to the seller. Although sellers still receive the PayPal payment, it comes from ebay on behalf of the buyer (for the time being)
This is a transition period. In future, sellers can elect only to accept ebay payments, not PayPal.
It's worth noting that you only get seller or buyer protection if an ebay approved payment method is used. PayPal is currently approved. The key difference here is that disputes have to go through ebay, not PayPal (could do either in past). Cash payments are not approved. No seller or buyer protection. Sellers who insist on cash payments will be seriously limiting their chance of a sale or good price. Few buyers will want to purchase without buyer protection.
All these new arrangements were circulated in an update to their T&C, which most probably didn't bother to read!
This is a transition period. In future, sellers can elect only to accept ebay payments, not PayPal.
It's worth noting that you only get seller or buyer protection if an ebay approved payment method is used. PayPal is currently approved. The key difference here is that disputes have to go through ebay, not PayPal (could do either in past). Cash payments are not approved. No seller or buyer protection. Sellers who insist on cash payments will be seriously limiting their chance of a sale or good price. Few buyers will want to purchase without buyer protection.
All these new arrangements were circulated in an update to their T&C, which most probably didn't bother to read!