Direct Deposit Paypal User Agreement

[jessejbruce]

Hi,

I Have read the Paypal user agreement update and it said that people will no longer be able to use Paypal to make transactions to business.

I rely on eBay for regular purchases and have done for 20 years.

If sellers could please starting adding the direct deposit option native

[springyzone]

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@jellybirddesigns wrote:

@springy - Ebay and Paypal officially split back in 2015, with an agreement in place to continue for a certain number of years beyond that. This phase is coming to an end, and PP will be removed entirely for all buyers from around the middle of 2023 (if I remember correctly).

Whilst many online sites do offer PP,  huge companies like Amazon don't.

I understand that PP backed you up when Ebay let you down, but on the reverse side, we know there are sellers who have been scammed by buyers who open up secondary disputes in PP. 

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And there you have it, one of the reasons I am nowhere as keen to buy via Amazon. (The other reason is they are not cheap, I can usually find a better deal eg at Myer. Who would have thought!)

If Amazon had any sense, it would introduce paypal as an option. I'm always annoyed when I want to buy something from a site and have to use a credit card as it means getting up, going looking for my bag and purse and dragging out the card to copy the number. Some people know their number by heart but I am not one of them.

The simpler you make life for a buyer, the better.

[jellybirddesigns]

@springy,

most sites allow for storing of payment details in the same way that Ebay does, why not do that? My card is on file with several of the larger sites and have never had an issue.

In fact, I don't even carry my cards with me anymore as I have them saved in my iPhone Apple Wallet which offers higher encrypted security when I tap to pay. This makes life even more simple.

[springyzone]

I think my card details are saved on a few sites but Amazon isn't one of them, although I have bought from them before (and regretted it).

I don't have an iphone apple wallet, my phone's a samsung.

I'm a bit suspicious of giving card details, uploading anything to clouds and so on. I guess I am very old school. I've no doubt your details are safe, I just haven't got around to doing a lot of these things myself.

[countessalmirena]

janebabe, yes, I have done a chargeback once, on my own behalf, and I also helped my dad with a chargeback. It wasn’t really onerous; letter was emailed to me to complete, returned to the bank/s, refund given within a week (but with the bank informing me that it was a temporary courtesy refund and might be reversed depending on the ultimate outcome). Final outcome held no surprises.

In both cases, it was for INR.

I’m absolutely certain that SNAD would be vastly more convoluted and bothersome.

I’m very wary about storing card details with any site online. If I must pay by card but there’s an option not to store the card details, I opt for that. (Springy, my memory acts as a “wallet”.)

But… there’s no point in any of us being careful about stored details if we don’t practise safe online habits… as in being sure we haven’t malware or a keylogger on our computer. Up to date antivirus, not visiting dodgy sites, not opening dodgy emails, no clicking onto links… so that just the act of entering card details on a site will not end up with scammers capturing those keystrokes: that’s going to be more important than ever.

In one way, lack of secondary buyer protection might be a wake-up call for buyers relying on such protection when making purchases that they know deep down are probably not going to work out. But realistically, human nature being what it is, I suspect a lot of people will just continue to be caught out.

[twyngwyn]

PayPal Policy Updates

The way I read it...it's about personal transactions to business accounts....fee avoidance!

[jessejbruce]

At present the Paypal Business account is a switch on a standard account,the account becomes both.

Obviously this is changing.

I work with Paypal downstream volunteer and sales for personal transactions to ecommerce shops have halted in the last month, other than business transactions still seem to be regular.  

[papermoon.lady]

I have been feeling anxious about the end of PayPal for quite a while (apparently in July of next year). I do not want to sign up for anything else that does not give me a clear advantage (like the ability to open a case).

I do have a cc, but PayPal offers free returns (if you signed up) as well as a much longer protection than eBay.

I think more people will open eBay cases if they know it's their only option, and this will ultimately be a pain for sellers too.

[*sons_and_daughters*]

I think that a lot of buyers will decide to maybe shop elsewhere if they no longer have the safety of PayPal here. Not everyone wants to open multiple different accounts just to buy on ebay.  I'm not interested in apple pay, or zip pay, or any of the other payment options on offer. Sure, they will tell you to pay with a credit card. Newsflash, not everyone has a credit card, even in this day and age. I do have one. My credit limit is $100. 

Buyers like the safety of PayPal. Some buyers leave things too long for a MBG claim, for many reasons, but know they have PayPal to fall back on. As for the credit card chargeback, as Jane said, it can be an absolute pain in the proverbial. 

I believe that ebay will see a significant dive when they cut ties completely. I'm not one to believe the "people are leaving ebay in droves" that we see so often, but maybe with this, it could actually be true.