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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more scams = less competition = better for TJWOODY
hahaha 
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"
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...
first $ limitations on accepting pp in personal accounts,
then must offer credit card pp, therefore must upgrade to premier commission paying pp,
then new sellers must offer pp on all items,
now this international thing,
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.
I sell ~$10,000 items in USA only without pp since my profit margins are ~ $100-$150 (1 - 1.5%). Can't afford pp commissions and can't take ANY fraud loss risks via pp.
sloppy1 said:...next is probably "must offer pp on all items"!!!!!...
Its planned to be implemented in Austrialia June 17th but is being fought by eBayers and by regulators of the Australian Competition and Consumer Commission. Sometime this month the outcome should be determined. Not sure if they're going to ever try it or not here in the US because of the similar Sherman Antitrust Act.
sloppy1 said:This is part of the paypoo creep...
first $ limitations on accepting pp in personal accounts,
then must offer credit card pp, therefore must upgrade to premier commission paying pp,
then new sellers must offer pp on all items,
now this international thing,
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.
I sell ~$10,000 items in USA only without pp since my profit margins are ~ $100-$150 (1 - 1.5%). Can't afford pp commissions and can't take ANY fraud loss risks via pp.
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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