eBay Bans All Online Payment Services Except PayPal!
 

This won't make them popular! They revised the TOS to include sections that boil down to them only allowing PayPal for online payment. Western Union, Moneygram and other online services are not allowed to be offered at auctions anymore.

Shitty deal IMO, maybe Google will start an auction site so they can build the Google Wallet services.

http://www.googlerumors.com/2005/10/...nt-processors/

well of course more money for it's pockets them teaming with Paypal ruined paypal and ebay

i never trusted them once they were together with paypal..

I'm selling my Ebay stock. I should have sold a loooong time ago :2 cents:

who cares? ebay sucks big time.

Not shocking at all.

I was waiting for this to happen

not good move

Damn... I'm sure this will hurt many people. Time to move to paypal :(

eBay = Easier than taking the stuff to the dump. :2 cents:

Or having a yard sale :1orglaugh :1orglaugh

I think they are crazy to do that.

google is going to crush these guys

It's only a rumor... And yes, Google will probably build something like eBay one day.

This is actually good for their competition.

it will be Google Base (base.google.com)
http://www.sfgate.com/cgi-bin/articl...UG3CFDSTT1.DTL

Is anyone really surprised? Corporate philosophy these days takes exactly zero consideration of what customers want - they know they have a monopoly and their huge hardcore fan-base won't be going anywhere. It's just milking more profits, as always.

Saw that coming

Ebayers have no choice but to follow suit

no more WU/BidPay scammers

While it may make them more money in the short run it is bound to hurt them in the long run. Just wait for a few BIG PowerSellers to get their PayPal account locked down because a few people complained and then there 1000s of running auctions have no way being completed.

Might as well keep the money into your own companies. Ebay Fees, Paypal Fees, might as well take it all.

Maybe they lost their merchant account. ;)

hahahahaha too cute

it's a good thing, too many scammers used other online payment sources.

Also, most people pay with paypal or mail a money order/check anyway.

That makes ebay now totally useless for selling domains - I would never sell a domain any other way except for escrow.com with the 1 day view period. Too many easy simple ways to stiff someone with paypal.

My forecast: expect ebay stock to rise slightly, then start a slow but steady fall down to about half the current price as the number of sellers and buyers diminish with these new rules.

Alex

you can't stiff someone with paypal. i've disputed 3 claims with them in the pass and got my money back on all. once you report someone to paypal for not shipping they freeze the other persons account and they also have access to that persons checking/cc to refund back any money too.

shiiiiiittttt

yeah right
maybe you want to refund my last $400 i didnt get by them

well eBay owns paypal so if paypal locked down an account on a PowerSeller then they'd be shooting themselves in the foot.. Won't happen.

I beg to differ, if someone cleans out their account immediately they cannot take any action. I've lost money this way at least three times so don't tell me you can't get stiffed with PayPal.

Paypal/Ebay is greedy and to me they are a monopoly. They will do what they can to stamp out all the competition. They lose a lot of business that way.

Greedy? It's a business, not a person. It's "job" is to be "greedy".

milking max profits. absolutely normal practice. they are selling their stocks anyway

you people crack me up, its about as funny as saying if gas hits 5 dollars a gallon people will stop driving. :1orglaugh :1orglaugh

Google has eBay in their sights...

http://news.com.com/Google+wants+you...3-5914039.html