posted on August 17, 2001 09:18:14 PM
if i'm paypal preferred, can I list bidpay on my auction listings? it's used to money orders but still with a credit card.
posted on August 17, 2001 09:44:23 PM
Do you honestly think that all we will be able to accept is PayPal? What about ebays credit card? What I would like to ask if someone has PayPal can they tell me if it is better just to have the $100.00 limit or the other one. I don't know what they call it. I will be at my limit in 49.00 but I don't want them to freeze my account until I change it. I have noticed that buyers are using CC's more. Do you think that is the way of ebay? Sorry about all the questions. I just would like your opinion about PayPal and ebay...
posted on August 17, 2001 09:55:44 PMJust wait until they change the TOS to state you can ONLY accept paypal payments for your auctions. Think it won't happen?
I don't take paypal, but just for spite I'd love to see 'em try it. Think the Fed's won't stomp on 'em if they do?
Jezzz... It says right on a dollar bill "Legal Tender for all debts, public and private". Yup, a move like that would bring their house of cards down so fast the rats wouldn't be able to get out of the kitchen.
Tell a seller he can't take a check or money order from someone without a CC? Restraint of trade????
posted on August 17, 2001 10:02:36 PM
Libra63 said: "Do you honestly think that all we will be able to accept is PayPal? "
I do. I've been in retail over 15 years.
I've seen almost every gimmick and marketing tactic that there is to see. This "paypal preferred" is just that - a gimmick. Just like the $5. bucks free, remember that? Now you have to add $250. to your new account for the $5. After they get 7 million people, they no longer need the gimmick, and it goes away.... So will the 1.5% cash back.
AFTER, you as the seller have completely adapted your routine to that debit card, then the promo goes away and you have to change, or keep doing bus that way WITHOUT the rebate. People are lazy, most won't change. Then paypal wins, just like the FEES.
Look at it from Paypal's side of the fence for a moment. 7 million users, NO costly FDIC insurance fees, NO banking regulations, NO Costly FED reserve bank fees, NO onerous FEDERAL regulations, yet you have a HIGHER fee structure than the banks..... Great deal, wish I'd have thought of it!
retailguy
(aw certified paypal hater (even though I still accept it, begrudingly), I'm donning my flame retardant suit, fire away!)
posted on August 17, 2001 10:12:31 PM
Think the Fed's won't stomp on 'em if they do?
Microbes:
You're missing my point. They are offering a promo cash back deal. They can set up ANY requirements that they want to. They've totally skirted this issue by saying you can't ADVERTISE acceptance of billpoint, for example. If you read closely, they don't say you can't ACCEPT billpoint, just that you can't ADVERTISE you take it. What is to stop them from adding in their TOS that you can't check the "cash" or the "checks" button on the ebay form? HUH? That's my point.
I admit that I DON'T have a firm idea of what the changes will be, but they WILL come. Paypal has proven that what they say today is ONLY good for today, and what they say tomorrow won't have a thing to say with what they said yesterday.
Mark my words, the PROMO will change. The requirements will get tougher and tougher to meet until it just isn't worth it anymore. When was the last time you got a $5 referral fee for signing someone up? Long time....
posted on August 17, 2001 10:27:35 PM
Well, I never got any referral bonuses. I didn't buy into their lies when they where tossing $10 bills around like candy, and claiming Always Free, We make our money on the float.
Maybe I misunderstood what you said. I took it to mean that you thought they would change their TOU to read "you can ONLY accept paypal payments for your auctions", not that you could only advertise paypal.
If they tryed to BAR sellers from accepting cash, checks, and money orders, I think the Feds could stomp them. I also don't think they are quite that silly.
posted on August 18, 2001 04:09:04 AM
I signed up for the preferred thing and ran my auctions for one week with only Pay Pal mentioned and then dropped it. I like Pay Pal but I have buyers who prefer Billpoint or Pay Direct or BidPay and letting potential bidders know their options up front is more important than a debit card or 1.5% cash back (particularly since I never keep enough $$$ in the Pay Pal account to use the debit card and using the money to make other purchases on eBay doesn't seem to count).
I think if Pay Pal was stupid enough to try to get sellers to uncheck money orders and checks as options, eBay would have the excuse it needed to throw Pay Pal off eBay. Plus it would most likely be illegal. Pay Pal has to walk a fine line because if it pushes too far and the feds step in, they'll end up falling under banking regulations and they want to avoid that as long as possible (although I think it is inevitable).
Gerald
"Oh but it's so hard to live by the rules/I never could and still never do."
posted on August 19, 2001 02:59:13 PM
DAMON, on the PP site the examples of other onlline payment services does not include bidpay, billpoint and yahoo paydirect are mentioned - that is the specific question here -- does PP consider bidpay and online payment service that cannot be mentioned to be Preferred?
BTW folks it does say you can mention cash, checks Mo etc -- just no other online payment services in your ebay auction description.
The "about me" page is an item that I would not be sure of, as that page would be dictated by eBay's guidelines.
The PayPal Preferred program applies to the auction listing. The user can't mention other online payment methods in the listing, but there is no issue mentioning checks,etc.
posted on August 20, 2001 10:36:03 AM
Hi capotasto,
You are correct...the only caveat is that other online payment services can't be mentioned in the listing. The companies you mentioned could not appear in the listing.
posted on August 20, 2001 01:09:55 PM
Ya know, if you get the premo rate PayPal offers (.7% + 30 cents) for PayPal Preferred Premier or Business customers, they only take 3.2% on a $12 transaction.
You only get that great rate if you're special. Compare that to Yahoo PayDirect or C2it where the seller pays absolutely nothing. Like as in ZERO. How many dollars in savings does that add up to over thousands of transactions?
posted on August 20, 2001 02:06:57 PM
Remember PayPal was free at one time also. With the way the economy is going and the people using credit cards it won't be to long before c2it will charge. As I think about it maybe signing up with one service is better than many as it will be easier to keep things straight and also the more I think of the charges my bank charges me on my checking account it probably be better to use just PayPal only. I receive nothing from my bank to use their checking service and I pay quite a bit. The only thing that will bother me if someone does a charge back and freezes my account. Does anyone have any comments about this. I would appreciate some input, good or bad. Thanks
