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eBay's Plan to Force PayPal Rejected Down Under

Posted by CmdrTaco on from the monopoly-schmonopoly dept.

Jm_aus writes "eBay's plan to force all users to use PayPal only has been rejected by Australia's competition regulator, the ACCC. This followed 650 submissions from eBay users as well as from Australian banks, other payment services, the Australian Reserve Bank, and (anonymously) Google, which aired a lot of dirty laundry about PayPal's unresponsiveness and failure to sign up to the local banking code of conduct. Apparently the public benefits from eBay's 'Bad Buyer Experience' elimination program are likely to be 'minimal.' There is a period for appeals."

8 of 181 comments (clear)

  1. Right, because PayPal's better... by autocracy · · Score: 5, Interesting

    As a buyer, I really want to use my credit card directly. PayPal, last time I used it, only covered a $200 return or so. I went straight through to my credit card company (which is linked to my PayPal account) and did a chargeback through them. PayPal sent me a nastigram saying if you keep that up, we'll cut you off.

    Yeah, thanks but no thanks EBay.

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    SIG: HUP
    1. Re:Right, because PayPal's better... by Anonymous Coward · · Score: 5, Informative

      The reason why you don't get cash discounts anymore is that it's against Visa/MC/AmEx merchant terms and conditions.

      It's even disallowed to require the transaction to be over a certain value to accept payment via credit cards.

    2. Re:Right, because PayPal's better... by travdaddy · · Score: 5, Insightful

      Nobody does a cash discount anymore because it's against eBay policy. eBay is all about making the seller unable to get around eBay's exorbitant fees in any way possible. That is their entire basis for forcing PayPal.

      To give an example of their total fee structure: after selling a small item for $30, you're only going to see around $24.50 for it after fees, and then you still have to pay to ship it.

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      Adidas To Bring Back Sneakernet
    3. Re:Right, because PayPal's better... by AmiMoJo · · Score: 5, Informative

      Unfortunately in the UK banks are no longer required to help you out or issue chargebacks in cases involving PayPal. The reason is that the banking code only requires them to do anything when you have a dispute with the person you had a transaction with, which in this case is PayPal. You send the money to PayPal, and then in a separate transaction they send it to the seller. So, if you problem is with the seller, they don't have to help.

      I started a petition to get the law changed: http://petitions.pm.gov.uk/3partyccs/

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      const int one = 65536; (Silvermoon, Texture.cs)
      SJW, n: "Someone I don't like, and by the way I'm a fuckwit" - AC
  2. You're in luck mate! by Anonymous Coward · · Score: 5, Funny

    As a buyer, I really want to use my credit card directly.

    Just fill out the form at gday.ebay.mate/safecredit.asp and we'll get you started faster than a kangaroo can steal your vegemite sandwich.

  3. Re:Can somebody explain? by PoliTech · · Score: 5, Funny

    For the same reason that Ebay acts like a fencing operation for stolen goods, but is never charged as such.

  4. What about those of us who SUED PAYPAL and WON by RaigetheFury · · Score: 5, Informative

    I was part of the massive lawsuit against Paypal back when there were plenty of scammers. One such tried to screw me and even though I provide more than enough evidence to PROVE without a shadow of a doubt this guy was scamming the system, committing mail fraud, AND on top of that was using stolen credit cards, AND i gave him his confirmed address...

    They still sided with him. However, I knew this was a possibility and I moved the money out of paypal, and blocked them from charging me back through my bank who happily sided with me.

    About 6 months later I joined the lawsuit, and provided all of the evidence to them for exhibits. If you didn't know we won... and won big. Not happy with the default settlement offering I filed for the full settlement and received my check a few months later. I framed it... and I will NEVER do business with Paypal again.

    I don't care if Ebay bought them. They do not follow banking guidelines, they consistently have proven themselves untrustworthy and generally don't abide by the law OR their own policies.

    If Ebay goes to Paypal only, I think they'll soon realize the size of the mistake they will make when other auction sites blow past them at 90mph!

  5. Paypal tried to steal $1200 from my wife by shadowofwind · · Score: 5, Informative

    Paypal claimed the seller had the money, and told the seller we (the buyer) had the money, and lied and stonewalled for months. Finally they just gave the money back without explanation after a state Attourney General inquired on our behalf.

    The previous time I posted this on /., I was modded down as a liar. But unbelievable as the stody is, it is the truth.

    In fairness to Paypal, our experience was shortly after it was purchased by EBay, so probably EBay cleaned it up some since then.