Auctionbytes-NewsFlash, Number 1753 - March 24, 2008 - ISSN 1539-5065
| Next Story
eBay UK to Sellers: PayPal Required
By Ina Steiner
AuctionBytes.com
Reading AuctionBytes: eBay UK to Sellers: PayPal Required
eBay told sellers, "Transactions made using PayPal result in significant reductions in fraud, and having every listing on the site offer a trackable, protected payment option will boost buyers' confidence so that they return to shop with you even more." However, listings in the Motors Vehicles category are exempt from the policy.
According to the announcement, PayPal is currently offered on about 95 percent of listings on eBay.co.uk.
eBay UK is also implementing a "Payment Hold" policy in which its online payment service PayPal imposes a 21-day hold on transactions in certain circumstances it identifies as high-risk (https://www.paypal.com/uk/cgi-bin/webscr?cmd=xpt/Marketing/securitycenter/sell/SaferPayments-outside Note - do not use this link to log in to PayPal. ).
The 21-day hold policy was introduced in North America and has been extremely controversial with sellers, some of whom have accused the company of wanting to make more money on the float (http://www.auctionbytes.com/cab/abn/y08/m02/i08/s03 ).
Comment on the AuctionBytes Blog: http://blog.auctionbytes.com/cgi-bin/blog/blog.pl?/pl/2008/3/1206363139.html
Email this story to a friend. Subscribe to the AuctionBytes Email newsletter Next Story
Related Stories
PayPal President Rajiv Dutta Joins VUDU Board - January 07, 2008, Issue #1699
eBay's PayPal Unit Acquires Fraud Sciences Ltd. - January 28, 2008, Issue #1714
Northwest Airlines Runs PayPal Promotion - March 21, 2008, Issue #1752
CompUSA Accepts eBay's PayPal Service for eCommerce Payments - April 01, 2008, Issue #1759
JetBlue Now Accepting PayPal on Website Fares - April 04, 2008, Issue #1762
PayPal Releases White Paper on the Problem of Phishing - April 11, 2008, Issue #1767
PayPal President Discusses Strategy, Safe Payments - May 08, 2008, Issue #1785
New Developments as eBay Moves Forward with PayPal-only Plans - May 09, 2008, Issue #1786
PayPal Pay Later Service Now Available for eBay Purchases - May 16, 2008, Issue #1791
PayPal Instant Payment Notification Glitch Resolved - May 19, 2008, Issue #1792
Delta Air Lines Now Accepts PayPal for Website Fares - May 28, 2008, Issue #1799
PayPal Looks at Why Consumers Abandon Online Purchases - May 30, 2008, Issue #1801
Create MySpace Storefronts with PayPal Widget - June 10, 2008, Issue #1808
PayPal Recurring-Payments, Overstock and Blockbuster News - July 04, 2008, Issue #1827
PayPal Adds Mexican Peso and Israeli Shekel to Supported Currencies - July 09, 2008, Issue #1830
PayPal Hires New Senior VP of Platform Services - August 06, 2008, Issue #1848
PayPal Required to Report Payments to IRS - August 06, 2008, Issue #1848
PayPoint Does Deal with PayPal, RBS - August 06, 2008, Issue #1848
PayPal Launches Back-to-School Website - August 06, 2008, Issue #1848
'The Matrix' Snags Senior PayPal Executive - August 12, 2008, Issue #1851
Continental Latest Airline to Accept eBay's PayPal Service - September 01, 2008, Issue #1865
PayPal Australia Embroiled in Aftermath of Seller Collapse - September 02, 2008, Issue #1866
PayPal President Joins Board of Zuora - September 10, 2008, Issue #1871
Australian Reserve Bank to Probe PayPal Policies - September 10, 2008, Issue #1871
PayPal Double-Dips with Billing Glitch; eBay Credits Coming? - October 02, 2008, Issue #1887
eBay - PayPal Fraud Featured on Australian News - October 03, 2008, Issue #1888
Walmart.com Accepts eBay's PayPal Payments - October 06, 2008, Issue #1889
PayPal Launches MicroPayment Rates for eBay Sellers - October 21, 2008, Issue #1900
PayPal Opens Website Payments Pro to Canadian Merchants - October 21, 2008, Issue #1900
PayPal Announces Holiday Shopping Deals - October 31, 2008, Issue #1908
PayPal Holds eBay Sellers' Money, May Be IRS Reporting Glitch - November 03, 2008, Issue #1909
eBay Expands PayPal Service to Mexico, Hong Kong and Singapore - November 20, 2008, Issue #1922
PayPal Funds Facebook Fruitcake Charity Drive - December 02, 2008, Issue #1928
PayPal Eliminates Certain eBay Notification Emails - December 18, 2008, Issue #1940
Discuss this story in our forums.
eBay UK is requiring that all sellers on eBay.co.uk offer PayPal on their listings. Sellers will continue to be able to offer other payment methods that are allowed in its Accepted Payments policy, which bans Google Checkout and certain other rival services. 
