posted on June 8, 2001 08:05:13 PM
I run auctions for computer equipment and similar items. I have found that recently 90% of all my payments have come through PayPal, and have only once had an account restriction problem.
I have a premiere account, and also take full use of my ATM card. It is the fastest way to get payment, while Money Orders can take a week or more to arrive, and checks can take a month to clear.
With paypal, I get payment immediately after auction end, not having to wait weeks, and the high bidder gets their item very quickly, feedback is exchanged, and all transactions are finished within 2 - 3 days, which makes life easier.
Thus I have to ask, Will eBay allow me to state I only accept PayPal? Will it enforce it if I file an FVF because people refuse to pay via PayPal? Will it retract a negative if someone who doesn't read claims that I did not allow them to complete the transaction?
posted on June 8, 2001 08:12:20 PM
Ebay will allow you to accept payment in any manner you choose. But, you might want to consider offering Billpoint as an option, too.
posted on June 8, 2001 09:16:01 PM
Well, those other ten percent aren't worth the hassle of waiting a week for payment and a week or two more for feedback.
posted on June 9, 2001 11:33:52 AM
Gee, I don't think I could afford to alienate 10% of my customers, and feedback? well it's nice, but if it doesn't come, I don't sweat it.
I recently experimented with electronic payments only and found that a lot of buyers really don't care what you put in your TOS. In fact I had one buyer inform me that I couldn't refuse to except money orders, and that his payment would arrive on time. Guess what, it arrived a week late because he didn't even mail it until after the due date (which is why I don't like payments by mail). I went back to PP, BP, Checks, MO, etc., but plan on being much stricter about the due dates and filing the NPBA.
posted on June 9, 2001 05:47:03 PM
Well, I don't know how you got that money order, as I don't even see where the oppertunity to get your address comes up.
If someone refused to pay via Paypal, I would neg, file FVF, and relist.
posted on June 9, 2001 06:14:53 PM
>how you got that money order, as I don't even see where the oppertunity to get your address comes up.<
Do you have any idea what it sounds like if you DON'T want some one who is sending you money to have a REAL address for you if they ask? I am certainly not saying you are scamming, but if a buyer asked for an address, and you wouldn't provide one (even more so with high priced computer equipment), the red flags would be popping up.
