eBay To Disallow Checks and Money Orders In US

Sir_Kurt writes "In eBay's latest FAQ, they explain that sellers (for the good of the buyers) will no longer be allowed to accept checks or money orders as payment. They can take electronic payments only. So, will Google Checkout, Checkout by Amazon or Amazon Flexible Payment be allowed? No, says eBay: 'Google's and Amazon's products and services compete with eBay on a number of levels, so we are not going to allow them on eBay.' Options are limited to PayPal, ProPay, direct credit payments to the seller, and 'payment upon pickup.' But remember, this is for our own good!" eBay ran into trouble earlier this year for trying to restrict payment options.

Comments

uhm yeah. i process checks for a living

[Anonymous Coward]

and every day, companies send million-dollar checks through regular US mail to each other. and the system actually works pretty well. for 47 cents, plus envelope , paper, and special laser cartridges, you can transfer a million dollars. try doing that on paypal, or setting up eletronic systems to do that, and now try to keep those systems secure. now try to do it for 47 cents per transaction.

checks are dying, but they are not a horrible system. they work.

what's really going on is this: meg whitman left ebay, now some 'genius' MBA has come in and said 'omg we are not screwing the customers enough. take away their freedom of choice, and change it into profit for us'.

in other words: capitalists hate us for our freedom.

Re:Actually they are right

[timbck2]

Hear hear! Paypal looks like a bank, acts like a bank, and quacks like a bank...therefore, it should be regulated like a bank, and held up to the same laws and legal scrutiny as any bank.