tomford
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posted on January 4, 2005 12:43:11 PM new
Good news for those who sell on Ebay Australia.
***PayPal.com accepts payments in Australian dollars ***
Date: 04/01/05 Time: 08:10:31 PM EST
PayPal today announced that it accepts payments in Australian dollars on PayPal.com. Australian users can now send and receive payments in the local currency, eliminating the need to convert currency and pay costly exchange fees for purchases or sales.
PayPal enables any individual or business with an email address to securely, easily and quickly send and receive payments online. It is free to open an account and send money using PayPal, with modest fees applying to Premier and Business accounts, or those accounts that accept credit card payments.
Australian PayPal merchants who receive money from within Australia will pay introductory fees as low as 1.4% to 2.4% plus $0.40 per transaction, depending on monthly payment volume.
To send a payment in Australian dollars, simply go to the Send Money tab after logging into PayPal and select "Australian Dollars" as your preferred currency, or click on the PayPal logo included in many sellers’ eBay.com.au listings. To receive a payment, existing PayPal members will have to manually accept their first Australian Dollar payment in order to open a new currency balance; future AUD payments will automatically be credited to their account.
New Australian PayPal members will be defaulted to Australian dollars as their primary currency and so will automatically be able to receive Australian dollar payments. All members can send and receive money in any of PayPal’s six supported currencies.
We hope you enjoy this enhancement to the PayPal service!
Regards,
The eBay Team
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tomwiii
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posted on January 4, 2005 01:03:59 PM new
Well, kiss my grits and...
"Tie me kangeroos down, Sport..."
VISIT: Ralphie's Eclectic Garden of Earthly Delights & Swedish Marital Aids here:
http://tinyurl.com/3rd5a
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classicrock000
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posted on January 4, 2005 04:05:32 PM new
Rolph Harris-1963
[ edited by classicrock000 on Jan 4, 2005 04:05 PM ]
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stonecold613
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posted on January 4, 2005 07:46:24 PM new
This benefits who?
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Alive in 2005
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replaymedia
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posted on January 4, 2005 07:52:07 PM new
That was my question too. Does this benefit anyone other than Australians? Is there some reason WE need to know this?
I'm not being sarcastic, I'm just not quite sure of the relevance of this.
--------------------------------------
Replay Media - The best source for board games, card games and miniatures on the web!
http://www.replaymedia.com
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fenix03
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posted on January 4, 2005 08:31:58 PM new
For people that sell on the AU site it actually makes things much easier.
Rather than having to individually convert each winners totals to a PayPal compatible currency you can just send out EOA notices/Invoices as you normally would.
I had stopped selling in Australia just because it had become more work than I was interested in doing in the middle of the night (when AU auctions end) but with this new addition I decided to check out a couple of my catagories again. I'll probably be launching some AU auctions tomorrow night.
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If it's really "common" sense, why do so few people actually have it?
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tomford
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posted on January 4, 2005 08:32:51 PM new
it helps us sellers who sell on the ebay australia site. its a pain to sell something over there and you have to convert the totals to US Dollars for everyone if you want to get paid. plus alot of people in australia do not want to send funds in US Dollars...so this will save a ton of time and make paying alot easier.
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toolhound
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posted on January 5, 2005 02:44:43 AM new
It helps buyers also. I have purchased a few items from Australian sellers and the only way they can sell to USA buyers is for cash. I have not had a problem sending cash but would rather use PayPal.
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stonecold613
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posted on January 5, 2005 08:20:18 PM new
I disagree. I sell at AU as well, but would never even consider PayPal as a payment option. With no seller protection what so ever, the question is still,
This benefits who?
Answer. No one in the USA.
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Alive in 2005
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fenix03
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posted on January 5, 2005 09:19:01 PM new
Stone - I think your conclusion has already been proven wrong by three different posters who have stated that it is beneficial to them.
Just because something is not beneficial to you personally does not mean that it is not beneficial. 
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If it's really "common" sense, why do so few people actually have it?
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stonecold613
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posted on January 5, 2005 09:28:50 PM new
Consider the source.
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Alive in 2005
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agitprop
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posted on January 6, 2005 01:50:38 PM new
Aussies can pay other Aussies via bank transfers for free (much like Europeans can use IBANs for free). No chargebacks, nor reversals permitted so very safe, and funds are readily available.
If Aussie sellers accept PayPal for international sales they get no protection from chargebacks, or reversals for any reason whatsoever 
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