Why Paypal as only option for safe method of payment can affect you.

[patsydoolan]

Hi all

I am concerned about the upcoming plan to remove alternatives to Paypal for payment. 

Ebay are proposing to use Paypal only payment as their safe payment of method.

Diminishing any competition by removing Paymate.

Ebay require all sellers to have at least one safe method of payment - either Paypal, Paymate or Credit Card.

Currently Credit Card can be used by using Payflow (Paypal) or Cybersource - Cybersource require 3,000 transactions or more per month.

This makes Cybersource not an option for 99% of mum, dad and regular sellers.

So effectively by removing Paymate, ebay will ensure that Paypal is the only option available to sellers/consumers.

Paypal may change their fees/rules/witholding money rules at any time. 

The ACCC ruled against ebay previously for using Paypal as a monopoly and I would encourage consumers again to lodge a complaint with the ACCC to ensure this doesn't happen again:

https://www.accc.gov.au/contact-us/contact-the-accc/general-enquiry-form

[eol-products]

I would love to hand over a small satchel weighing 5kgs at the Post Office and watch the reaction when they go to pick it up. 

[countessalmirena]

There once was a rather deep thinker

Who had just 5 kilos of sinker.

In a satchel they went

(just to see AP vent)

 - Does this mean he's a bit of a stinker...?

"Not at all," said the thinker with glee,

"For they've certainly often vexed me.

As described in their Guide

They must send far and wide

For this one standard satchel-based fee."