Payment for Auctions - new announcement
We’re testing changes to how buyers pay for auctio... - The eBay Community
I can't imagine buyers or sellers being happy with this.......any thoughts?
14 comments
We’re testing changes to how buyers pay for auctio... - The eBay Community
I can't imagine buyers or sellers being happy with this.......any thoughts?
countessalmirena
·1 year agoThis is ridiculous.
Are buyers who bid on auction to be placed at a financial disadvantage compared to buyers of fixed price listings? Do I understand correctly that buyers will have one hour and will be charged after that? Other buyers have 4 days minimum.
What about buyers who place snipe bids when an auction is due to end at done unearthly hour? I don’t think they’ll want to wake up in the small hours, to change payment details if needed. That rather belies one of the purposes of sniping.
eBay are fixing a problem that doesn’t exist, and creating problems that will annoy both buyers and sellers. What hommus-brained nincompoop came up with this?
twyngwyn
OP1 year agoprobably the ceo......Jamie Iannone - eBay Inc.
mytreechange
·1 year agoAll i can say is Nooooooooooooooo!
siddieswans
·1 year agoNot helpful from my perspective. I run auctions twice weekly, and have no more non-payers for them than I do for BINs - I do realise that you can set up immediate payment required for BINs but I have never bothered.
This will actively frustrate combining postage - all very well for eBay to say that you can always refund any excess, but unless you are dealing with repeat buyers who know you are ethical, they may hit the roof when confronted with excessive postage charges. And immediately cancel the sales. I have "I combine postage" all over my listings. Will I even be able to send a combined invoice if I sneak in under the 1 hour deadline?
Pity the poor Overseas buyers who are hit with VAT / Sales Tax on every single postage transaction, instead of just one. I often save my buyers over $100 in postage costs on a combined invoice. Excess taxes can't be refunded.
Why would eBay do this? 1. Trying to get rid of auctions - we all know they prefer BIN. 2 Encouraging free postage. 3. Assuming that many sellers will not bother to refund, meaning more fees for them.
However from the link you provided to the USA discussion I see that there is going to be an option under Buyer Management to "Require all buyers to provide a payment method before they make a bid", as there already is for Make an Offer - I have never ticked this option. USA sellers mentioned these two options being ticked automatically so I will keep an eye on this tomorrow 11 March. If the option does not appear on my account, does this mean I have not been selected as a Seller for the test run? Or is it "Items" that are selected rather than sellers?
I can't see any comment after this initial 25.6.24 post - does that mean it was never fully implemented in USA? Are we being used as guinea pigs once again?
wide-world-of-stamps
·1 year agoAnother thought - instead of the processing fee for 1 combined payment, we'll be charged every time eBay takes an individual payment from a buyer. If we pass that on, the buyers definitely won't be happy.
twyngwyn
OP1 year agofrom the U.S. boards in 2023:
Solved: Automatic payment after winning auction - The eBay Community
siddieswans
·1 year agoFrom that latest link
"03-03-2024 10:01 AM
@skytrek,
ebay has removed the option for requiring automatic payments on auctions."
So it would appear that an idea that was introduced in USA August 2023 was removed in March 2024. Why? Because it didn't work? And then re-introduced maybe in some altered form June 2024. Persistent aren't they?
twyngwyn
OP1 year ago......and Australia only has 4% of the market.....what are they doing??
Amazon has 40 odd %......valid??
eskays15
·1 year agoDoesn't apply to me personally but don't really see a problem with it.
Stops dead beat buyers or time wasters from not paying for item.
twyngwyn
OP1 year agofor me, I have more combined sales than non-payers....lots more
domino-710
·1 year agoThe last paragraph deals with this Twyn.
They just made it easier.
Please take that with the sarcasm meant. LOL
twyngwyn
OP1 year agofor sure 😞................
wide-world-of-stamps
·1 year agoYes, so do we, with them generally buying over a period of a few days. Although we'll obviously refund excess postage, this could put a lot of buyers off.
twyngwyn
OP1 year agoI think so too.....maybe they're trying (yet again) to 'kill off' auctions?