Eracer
No more triple bogies!!
- Joined
- Oct 31, 2005
- Messages
- 12,405
- Reaction score
- 8
- Points
- 188
eBay has officially announced the end of "Other Payment Methods" effective late October.
From the August Newsletter:
"Starting this fall, we're moving to an electronic checkout process that's faster and more reliable for sellers and buyers. As part of this move, checks and money orders will no longer be accepted on eBay, although buyers can still use these payment methods for item pick-up, at the seller's discretion. In addition, the electronic payment methods will be fully integrated into eBay checkout. For example, if a seller has an internet merchant account, a buyer will be able to directly enter a credit card and never have to leave the site."
So, you will no longer be able to accept checks and Money Orders to circumvent the eBay-Owned PayPal fees unless you are a merchant that can accept direct credit card payments electronically.
Here is their reasoning:
"Today, items paid with check or money order are 80% more likely to result in an item not received (INR) than those paid with credit card or PayPal. Also, buyers who pay with check or money order are 50% more likely to leave negative feedback than those who pay with electronic methods. So starting in late October, 2008, we are moving to 100% electronic payments - credit cards, ProPay, or PayPal."
From the August Newsletter:
"Starting this fall, we're moving to an electronic checkout process that's faster and more reliable for sellers and buyers. As part of this move, checks and money orders will no longer be accepted on eBay, although buyers can still use these payment methods for item pick-up, at the seller's discretion. In addition, the electronic payment methods will be fully integrated into eBay checkout. For example, if a seller has an internet merchant account, a buyer will be able to directly enter a credit card and never have to leave the site."
So, you will no longer be able to accept checks and Money Orders to circumvent the eBay-Owned PayPal fees unless you are a merchant that can accept direct credit card payments electronically.
Here is their reasoning:
"Today, items paid with check or money order are 80% more likely to result in an item not received (INR) than those paid with credit card or PayPal. Also, buyers who pay with check or money order are 50% more likely to leave negative feedback than those who pay with electronic methods. So starting in late October, 2008, we are moving to 100% electronic payments - credit cards, ProPay, or PayPal."
