Paypal July 9 policy update: ebay + international sales = PP must be offered Archived From: Online Auctions |
The PayPal policy update taking effect July 9 includes the following gem: Section 4.3 is amended so that eBay sellers must accept international PayPal transactions if the eBay listing offers shipping outside the US. Thought you guys who sell internationally might appreciate a heads up. |
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hahaha |
Well that royally sucks. Two days a go I sold something for $6500 to a buyer abroad and no way in hell would I have taken a PayPal payment for it! How are PayPal proposing to protect sellers from fraudulent chargebacks? Can I limit my PayPal payments to only people with 1000+ 100% positive feedback? |
This is part of the paypoo creep... next is probably "must offer pp on all items"!!!!! Sorry but that would put me out of business if I must offer pp on everything. |
sloppy1 said:...next is probably "must offer pp on all items"!!!!!... |
sloppy1 said:This is part of the paypoo creep... time to find another widget. I make at least $50 on each item I sell, with initial investment being $100 - $200 per item. I'm in the planning stages to move to a widget where profit is a minimum of $100. I only sell 4 to 8 each day off-season(we ramp it up during the holidays boviously), but I'm perfectly fine with that, as it gives me plenty of time to focus on other activities. I also sell overseas but I jack up the price so I make an extra $200 per item. I have had a few international chargebacks but with the initial cost so low and the profit margin so high, I just factor it into CODB. If I was a small time seller I wouldn't sell internationally though. you have to be able to sell enough so the pros outweigh the cons - the higher the volume, the easier it is to take the hits |
The ACCC overturned their decision but Feebay is appealing it |
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You really wonder what "improvement" will be next. My money is on "seller should ship the purchase as soon as auction is over and buyer will pay for it when they receive it and inspect it. IF everything is to their satisfaction"
