The end of personal Paypal accounts on eBay?

[Mayhem]

Hadn't seen this mentioned yet, so a post for it...

Notice Date: July 14, 2005
Effective Date: August 19, 2005
Beginning August 19, 2005, if you sell on eBay and offer PayPal, your PayPal account must accept all forms of payment including payments made via credit card, regardless of whether you display the PayPal logo with credit card icons. You must have a Premier or Business PayPal Account or be willing to upgrade from a Personal PayPal Account to a Premier or Business Account if you receive a credit card payment. You may not communicate to eBay buyers (e.g. via your eBay item description) that you only accept, or will not accept, specific forms of PayPal payment.

So if you accept Paypal when selling on eBay, you can't have a personal account then... time for those "shipping" and "handling" charges to go up more, eh? :roll:

[Kitsune Sniper]

Dude, what the hell. O_O

Those bastards!

I already say "I accept e-checks, but the item will take longer to ship if you use them", think they'll start bitching at those of us that say that too?

[jajaja]

Does this matter? I have a premier account, but I never sell on Ebay tho.

[SoulBlazer]

Yeah, I'm in the same boat. I allready have a Premier PayPal account but I sell and buy 99.9 percent of my stuff on Amazon anyway. ;)

[Mayhem]

Basically, if you sell anything on eBay from 19th August and you offer Paypal as a method of payment for the buyer to use, the account in question has to be a premier or business type, not personal. That's pretty much it.

I know many people who run two Paypal accounts, one of each type. They use the personal one for eBay selling as personal accounts are not liable for the creaming percentage fees Paypal take on each payment made to it. In essence, they are making sure they get a share of every transaction that people use it to pay for eBay goods with.

[Gemini-Phoenix]

I don't see that it's much of a problem. Many people who sell a fair bit will already have a premier account anyway.

When I started my PayPal account, I upgraded mine straight away to a premier. Ok, so there are a few extra charges, but it's benificial in the long run...


I think the main reason for them doing this is to stop random accounts being started up for fraudulent reasons by 13 year olds and the like who simply want to scam people.

[Lothars]

I don't see that it's much of a problem. Many people who sell a fair bit will already have a premier account anyway.

When I started my PayPal account, I upgraded mine straight away to a premier. Ok, so there are a few extra charges, but it's benificial in the long run...


I think the main reason for them doing this is to stop random accounts being started up for fraudulent reasons by 13 year olds and the like who simply want to scam people.

I definitly agree, I really don't see anything negative about them just asking to want paypal account for sellers to be premier, I think in the long run it will prevent fraud or scammers,

or at least we can hope

[jajaja]

Is it more expencive to recive money if you have a premier account? I dont have any expence with it atleast, but I dont sell on Ebay.

[Mayhem]

Yes. Paypal takes 3.9% of the money that people pay you if you have a Premier account, regardless of whether they paid you via Paypal balance transfer, bank account or credit card.

[jajaja]

I thought Paypal charged that no matter which account type you have.

[mills]

I don't trust paypal, I don't do business with them ever. here are some good reasons.


According to PayPal accepting their ToS (Terms of Service) in effect means you waive your rights to credit card consumer protection laws if you want to use their service, and that you may not issue a chargeback for unauthorized use of your credit card and PayPal account, or if you do, then they have the right to limit your account.


Their terms of service are not completely disclosed upon signup and some key "conditions" are not disclosed. They fail to mention their total lack of security to prevent your account from being compromised by phishing & spoof sites. That if your account is accessed by a criminal using one of these methods, PayPal will hold YOU monetarily & legally responsible! Also, no place do they openly tell potential members that their money is 100% at risk. That PayPal can, will, and has in the past, completely cleaned out customers' accounts, (including your checking or savings account) with no appeals process available. Instead they bury in the fine print of 37 pages of their "Terms of Service" (ToS) where they disclose to you that PayPal can close your account for any reason what-so-ever, or no reason, and then you have to wait 180 days to get your money.

[Kitsune Sniper]

They're pretty much the only trustworthy service available.

Monopolies suck.


I don't trust paypal, I don't do business with them ever. here are some good reasons.


According to PayPal accepting their ToS (Terms of Service) in effect means you waive your rights to credit card consumer protection laws if you want to use their service, and that you may not issue a chargeback for unauthorized use of your credit card and PayPal account, or if you do, then they have the right to limit your account.


Their terms of service are not completely disclosed upon signup and some key "conditions" are not disclosed. They fail to mention their total lack of security to prevent your account from being compromised by phishing & spoof sites. That if your account is accessed by a criminal using one of these methods, PayPal will hold YOU monetarily & legally responsible! Also, no place do they openly tell potential members that their money is 100% at risk. That PayPal can, will, and has in the past, completely cleaned out customers' accounts, (including your checking or savings account) with no appeals process available. Instead they bury in the fine print of 37 pages of their "Terms of Service" (ToS) where they disclose to you that PayPal can close your account for any reason what-so-ever, or no reason, and then you have to wait 180 days to get your money.

[Griking]

They're pretty much the only trustworthy service available.

I guess that all depends on who you ask.

[Kitsune Sniper]

I guess that all depends on who you ask.

I should rephrase...

They're pretty much the only service bidders use. I'd use another service if it were possible and feasible.

[Griking]

I guess that all depends on who you ask.

I should rephrase...

They're pretty much the only service bidders use. I'd use another service if it were possible and feasible.

Have you tried Bidpay (http://www.bidpay.com)?

I've paid for many auctions with it and never had any problems.

[Kitsune Sniper]

Have you tried Bidpay (http://www.bidpay.com)?

I've paid for many auctions with it and never had any problems.

Really? But isn't Bidpay less used than Paypal? I mean, that not many bidders or sellers use or accept it...

And wouldn't I get in trouble for saying "I prefer Bidpay, but will accept Paypal"?

[Sega Hitman]

Bidpay isn't all that cheap, but I really like it. It's Western Union, and they have virtually no interaction in the transaction. They just send a money order to the seller. Paypal, in theory, is a great service, but it's executed horribly.

I highly encourage anyone using paypal for big money transactions to read the boards at www.paypalsucks.com . I was involved in a really sucky situation a little over a year ago now where paypal attempted to take me to collections. A better descriptions of it is probably still in my old posts. Seriously, I cannot stress it enough, if you're selling, and you use paypal, it is VERY unsafe.

-Hitman-

[Griking]

Have you tried Bidpay (http://www.bidpay.com)?

I've paid for many auctions with it and never had any problems.

Really? But isn't Bidpay less used than Paypal? I mean, that not many bidders or sellers use or accept it...

And wouldn't I get in trouble for saying "I prefer Bidpay, but will accept Paypal"?

Anyone who says that they'll accept a money order should accept BidPay. Basically BidPay Is an online money order service run by Western Union. The buyer pays for the money order online and then Western Union mails it to the seller.

As far as advertising that you prefer it over Paypal, I've been doing this for about a year now and never had a problem.

Yeah, Paypal is more popular (for now) but they continue to piss of their customers and have awful customer service. As a seller you have absolutely nothing to loose by recommending BidPay payments in your auction listings. BidPay even offers a service where they'll automatically insert BidPay logos in your auction listings just like PayPal does.

[Zadoc]

I don't trust paypal, I don't do business with them ever. here are some good reasons.


According to PayPal accepting their ToS (Terms of Service) in effect means you waive your rights to credit card consumer protection laws if you want to use their service, and that you may not issue a chargeback for unauthorized use of your credit card and PayPal account, or if you do, then they have the right to limit your account.



I am not going to read their terms of service to find that, but I know from experience that the actual creditors couldn't give a shit less.

Why? Because they have their own asses to look out for. There are a number of federal laws that creditors must follow, such as Electronic Fund Transfer Act, which means that if someone steals your credit card and uses it to make a purchase via PayPal, you are still protected under federal law.