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eBay Bans Google Payments
whoever57 writes "eBay has added Google Checkout to the list of payment options banned on eBay. A recent update to the Accepted Payments Policy includes Google Checkout (click on 'Show' next to 'Some Examples' to reveal the list).
More comments on this action can be found at the eBay Strategies Blog."
Allowed:
Payment Services permitted on eBay: Allpay.net, Bidpay, Canadian Tire Money, cash2india, CertaPay, Checkfree.com, hyperwallet,com, Moneybookers.com, Ozpay.biz, Payko.com, Paymate.com.au, Propay.com, XOOM
Verboten:
Payment Services not permitted on eBay: AlertPay.com, anypay.com, AuctionChex.com, AuctionPix.com, BillPay.ie, ecount.com, cardserviceinternational.com, CCAvenue, ecount, e-gold, eHotPay.com, ePassporte.com, EuroGiro, FastCash.com, Google Checkout, gcash, GearPay, Goldmoney.com, graphcard.com, greenzap.com, ikobo.com, Liberty Dollars, Moneygram.com, neteller.com, Netpay.com, Nochex.com, paychest.com, payingfast.com, paypay, Postepay, Qchex.com, rupay.com, scripophily.com, sendmoneyorder.com, stamps, Stormpay, wmtransfer.com, xcoin.com
eBay specifically states that any "new" service without a track record of privacy protection and customer service will be scrutinized and most likely prohibited until it has some history.
Paypal has some history
They're also getting more restrictive about who works there.
see wsj.com:
PayPal President Jeff Jordan plans to leave eBay later this year, in the latest high-profile departure to plague the Internet auctioneer. 6:37 p.m.
Also, read items here, here.
This may be true, but I would consider it a natural monoploly.
But that's not the point: it's never been illegal to have a monopoly in the first place. When you leverage your monopoly in one market to compete unfairly in another, you've crossed the line. Google has already directly threatened to bring anti-trust cases, so I'd guess that's where this is all headed.
Socialism: a lie told by totalitarians and believed by fools.
Do you even lift?
These aren't the 'roids you're looking for.
Sure you can.
What's next, Tim Horton's stored value cards?
Considering that Tim Hortons is killing Krispy Kreme lard-butt ... and that its currently owned by Wendy's (they're spinning it off back into its own corporation later this year and taking a nice profit) ...
Some facts and figures: http://en.wikipedia.org/wiki/Tim_Horton's
The expansion into the US is going very well, btw.
They've got a list of qualifications on their site, and the important one is that:
* Whether the payment service has a substantial historical track record of providing safe and reliable financial and/or banking related services (new services without such a track record generally cannot be promoted on eBay)
That's been eBay's policy since way before Google came up with this brand new system of theirs. And the fact remains that Google has absolutely no past track record in financial transactions. While google is a big name in other services, eBay has absolutely no way of verifying the security measures that Google Payments offer. It's probably a great service, but eBay doesn't want to stick their necks out to potential lawsuits if this brand new service turns out to have some major security hole and a bunch of eBay site users get robbed.
That's not to say you can't use such payment, you can use whatever the hell you want. You can mail the guy beads if you really want to. What eBay is saying is that you can't use their site to advertise that you accept these payments and thus imply that eBay is in some way endorsing those payments.
This was a damned if you do, damned if you don't situation for eBay. If they refuse to accept Google, which is in keeping with their stated policy, everyone sees it as some sort of monopolistic wrangling. If they accept Google, then all those other sites on the forbidden list which were excluded for the same damned reason can cry foul by saying that eBay is playing favorites and arbitrarily excluding some.
I think the prudent thing to do is leave the system in place, wait a few months (IANAL, the better legal period might be shorter or longer) to make sure google's system actually works as advertised, then start accepting it. For the sake of public relations it might be wise to make it public that this is what's going on, and say "assuming there are no major security holes, Google Payments will be added on 9/7" or whatever date they think is ample time to cover their own necks.
I have moderator points but I have to reply to this.
No hotel ever says no to cash. What they say is "if we let youe stay in our $$$$$ room we would need a valid ID and enough money as a garantee that we will not have to run after you." If you don't believe me try checking in with a card that does not have enough credit to cover your stay.
If you do not intend to pay with your card, provide it to them on check in and upon check out settle with cash. Just remind them to cancel the pre-auth on your card on C/O. They never say no to cash. Never.
DRM? No thanks, I'll just get it somewhere else...
What really sucks they set the shipping rates charged to the customer, keep part of what they charge the customer, and on top of that, take a commission out of the shipping reimbursement as well!
For example, a customer selects expidited shipping, amazon charges them $7.83 for it. They then reimburse the seller $4.99 - AND charge a commission on that, so you ACTUALLY only get $4.24. Then they charge an additional 15% + $1. So when I sell a $20 item, the customer pays $27.83 to get it, and I get $19.82, BUT still have to pay for expidited shipping, so I pocket $15.77.
If I sold the same item on eBay w/Paypal for $20 and charged the same $7.83 for S&H (eBay lets you set it for whatever you want, within reason, and doesn't charge you a commission on it), by the time I paid eBay, PayPal, AND the USPS, I'd have $21.27 left.
Even ignoring shipping, with Amazon I get $19.82 of the $27.83 charged to the customer (Amazon got 29%) and with eBay I get $25.32 (eBay got 9%).
That's three times as much of the customer's money going lost to Amazon as is lost to eBay. It's worse when you factor in that paypal gives you free delivery confirmation too.
paintball