is ZipPay and AfterPay acceptable for eBay transactions?

[*kazumi*]

Have no idea what they are, do they cost anything to the seller, and does the seller has to sign up for them?

[nigelmolesworth]

AfterPay is not a credit card

[padi*0409]

There are drawbacks in using "Afterpay" maybe you should read the review in the link below, what worries me is the interest charged on defaulted payments, the possibility of people spending beyond their means and the protracted dispute process.

The system may be good for you but it certainly wouldn't be good for everyone.

https://www.choice.com.au/shopping/online-shopping/buying-online/articles/what-is-afterpay-and-can-i...

[davewil1964]

Nevertheless, eBay doesn't provide for Zip or Afterpay, so if you want something from eBay you will have to save up.

I'm not 76 yet, but even I was taught the use of punctuation other than commas, which should have a space after them. And paragraphs.

[nigelmolesworth]

there are no drawbacks using AfterPay, unless you cannot divide the cost of the item by 4,if you cannot you should be in Tafe to study your education and especially mathematics

[imastawka]

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@nigelmolesworth wrote:

there are no drawbacks using AfterPay, unless you cannot divide the cost of the item by 4,if you cannot you should be in Tafe to study your education and especially mathematics

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Guess you didn't read Padi's link, then -

Most of the purchases made using Afterpay will be paid in fortnightly instalments. Missing an instalment results in a $10 fee and, if you fail to make the repayment within a week, another $7 fee will be charged. Missing all of the repayments on a pair of $100 jeans then has the potential to put you back an additional $68.

That looks like a couple of big drawbacks to me, if you're on an Age Pension

[cezm]

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@nigelmolesworth wrote:

there are no drawbacks using AfterPay, unless you cannot divide the cost of the item by 4

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or unless you use AfterPay for something and have cleverly divided by 4 (equalling the total you can spare) but then your battery dies and you have to either save up for a new one or use AfterPay again ... but then you can't pay them both off in time ... did you read the link provided by padi?

[nigelmolesworth]

are you for real,that article links AfterPay to pay day loan,even with that type of loan if you are stupid to take out a loan that the interest rate is around %47 plus what sort of fool are they,payday loans are for cash,AfterPay is PRODUCT ONLY, you may have missed in that comment from choice suggests you get a credit card instead of using AfterPay,with credit cards you can get cash and product,I had a credit card years ago and I lost  my employment due to injuries in 1982 and ended up with 3 credit cards and no possibility of future employment I was placed on a disability pension BY GOVERNMENT DOCTORS in 1991 when I was 49yrs,I had apply for a $10,000 bank loan in 2005 and paid off the cards and then the bank loan and am now %100 free of debt since 2009, I now use a debit card and offers like AfterPay when I find stores that accept them,I think I may have had a lot more experience with debt than a hell of a lot of the people leaving comments here.

[padi*0409]

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@imastawka wrote:

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Guess you didn't read Padi's link, then -

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Probably didn't want to see the pitfalls therein Stawks.

@nigelmolesworth

"I think I may have had a lot more experience with debt than a hell of a lot of the people leaving comments here."

Well bully for you, the only real debt I've had was when buying a house in the late eighties when interest rates were hovering around 18%, I was lucky enough to be working in the bush at the time with overtime and every spare dollar went into the loan - and I still managed to pay it off in under 10 years. 

I've had many friends that got themselves into financial debt through credit cards, and some of them are still trying to pay the debts off years later. When I was a kid my dad always told me never to use "higher purchase" (which was around before credit cards) and to only buy something if I had the cash to pay for it.................. In other words, live within your means............

[imastawka]

I see nowhere in that link that it refers to payday loans, but I'll defer to your superior knowledge.

After all, 

I think I may have had a lot more experience with debt than a hell of a lot of the people leaving comments here.

I don't see that as something to boast about.

[padi*0409]

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@imastawka wrote:

I see nowhere in that link that it refers to payday loans, but I'll defer to your superior knowledge.

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For your perusal Stawks :-