posted on July 10, 2001 05:41:48 PM new
So I won an auction for a CD. The winning bidder notification says that I can pay with cash, check/money order, or PayPal/BidPay. But if I use a credit card, I am REQUIRED to add $1 for "insurance." This to me sounds like the seller is padding charges just to cover fees.
Is this in compliance with eBay's rules? Can someone tell me what the URL is that would explain why this is not kosher? I've looked around eBay and can find nothing.
whelmed
PS: Yes, I know it's only one buck. It's not the amount. It's the principle, etc.
Actually... there could be a simple, legitimate reason why the seller is requiring insurance. While I'm not sure about Billpoint... I know that Paypal insists on their sellers using some sort of proof-of-mailing. The seller may be using the insurance for that purpose. Best thing to do is to contact him for clarification on his charges. Find out what kind of "insurance" is being purchased. If it is indeed from the USPS post-office, you're actually being charged LESS than the seller is for it. Don't automatically assume the seller is "padding charges" when he may just be following the terms of the payment service of your choice.
posted on July 10, 2001 06:33:34 PM new
it is a big trend where people that are using credit cards for purchases are declining insurance and if there is a problem with receiving the item or damage to the item in shipping they come back on the seller even if they didn't want to insure in the first place.
they have leverage against the seller to "make it right" or they will do a charge back. Also PayPal requires DC that can be traced on line that costs too. sounds to me like the seller is just trying to cover their butt where PayPal is concerned.
