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Recently eBay announced that it is increasing purchase protection from $1000 to $2,000 for qualified transactions on eBay.com. But it will no longer offer purchase protection for non-PayPal transactions. Why? Well, eBay claims that other payment services are less safe than PayPal.
But the decision probably has more to do with the fact that the company make roughly twice the money on sellers who use PayPal. It charges sellers the usual listing fees, plus additional fees when sellers accept payment through PayPal Premier or Business accounts (and eBay is making it harder and harder to sell anything on eBay using PayPal Personal, its free account).
Is Google Checkout any less safe than PayPal? Probably not. But it and many other payment services have been banned from eBay just the same. So while eBay accepts Canadian Tire Money and Cash2India, it still won’t accept Google Checkout. This is certainly eBay’s right, but hopefully customers will realize that this is more than just eBay looking out for its customers’ safety. It’s eBay looking out for eBay.
My advice? If you need something like PayPal but you are sick of PayPal, use BidPay. They take Visa and Master Card, they offer charge back protection to sellers, and they have a lower transaction fee than PayPal Premier (3.25% vs. PayPal’s 3.5%). If you already have PayPal Premier, you can call PayPal and go back to its free account (you won’t be able to accept credit cards but other transfers will go back to being free).
So the best combination for your money transferring needs is to use PayPal Personal for any cash transfer and BidPay for accepting credit card payments. But hurry, before eBay bans them, too 
Note: Payment services currently not permitted on eBay include AlertPay.com, anypay.com, AuctionChex.com, AuctionPix.com, BillPay.ie, ecount.com, cardserviceinternational.com, CCAvenue, ecount, e-gold, eHotPay.com, ePassporte.com, EuroGiro, FastCash.com, Google Checkout, gcash, GearPay, Goldmoney.com, graphcard.com, greenzap.com, ikobo.com, Liberty Dollars, Moneygram.com, neteller.com, Netpay.com, Nochex.com, paychest.com, payingfast.com, paypay, Postepay, Qchex.com, rupay.com, scripophily.com, sendmoneyorder.com, stamps, Stormpay, wmtransfer.com, and xcoin.com
Payment services currently permitted on eBay include Allpay.net, Bidpay, cash2india, CertaPay, Checkfree.com, hyperwallet.com, Moneybookers.com, Nochex.com, Ozpay.biz, Paymate.com.au, Propay.com, XOOM
Here is a link to eBay’s accepted payments policy:
http://pages.ebay.com/help/policies/accepted-payments-policy.html
Wednesday, 17. January 2007
PAYPAL USERS BEWARE,,, the real reason that PayPal seems so safe is because you have not been a victim of PayPal,forget Identity theft and password hackers,, the real killer is PayPal itself, I was paid a sum of money by my son that was aquired through ebay fraud, by my son of course, and his name is the same as mine and his date of birth is the same as mine, Guess who they are chasing for the money? I was blocked from Paypal after over 100 transactions, and refered to a collection agency that placed a collection on my credit report. acording to them if you get paid from someone and the money was aquired by fraud the recepient (myself) has to pay. I am going to read their user agreement, there has to be a law against this.
Jorge
Thursday, 1. February 2007
Excellent post,
There are numerous claims that paypal and ebay are abusing their users. These giants are behaving very arrogantly and the web community could turn and punish them both. If this ever happened we could eventually see a more balanced market and competitive online auction landscape
Sunday, 25. February 2007
I cannot stand Paypal - I’m sure Martin Lewis must have had plenty of
emails regarding them…I have been with them for three years &
suddenly they shut my account down! I faxed all documnets to them
etc, but the money that I had locked out was about 80% of my income!
My high street bank wouldn’t do this so why the hell should Paypal??
Who do they think they are? They are only a few years old, unlike
good ole cash, which has been around for hundreds of years…Try
offering cash as a payment option on ebay…They will stop your
auction & ask for you to accept Paypal instead…Does anyone remeber
the days pre Paypal? I’m sure we all managedto pay for things without
any grief.. didn’t we?!Apologies for the rant! but I really do not
have a nice word to say about Paypal, & I am so insensed I have
started a blog that shows alternatives to Paypal &
Ebay
http://cqoutseller.blogspot.com/
Wednesday, 7. March 2007
I am too very frustrated with paypal! I used to run an ebay business and also brought a lot of sale to both ebay and paypal. They actually shut my account for no reason and just sent me an email saying that quote, “we must part”. Ridiculous? Yes, but there is nothing that can be done. It is very sad to see that so many people will not buy from you because “I do not accept paypal” and there is no point on signing up for bidpay or other services because no one really has them. I hope ebay gets rid of paypal and selects an alternative.
Saturday, 26. May 2007
Ebay will NEVER get rid of Paypal - THEY OWN PAYPAL !!!
Paypal’s user agreement has already been found in court to be non-enforceable, and now Paypal is resorting to hiding behind its Privacy Policy.
Stern advice - if ANY collection agency contacts you on Paypal’s behalf - IMMEDIATELY send out this -
http://www.oskie.com/free-letter/debt-validation-letter-collections-collection-company-agency.htm
Send it CERTIFIED MAIL
Whatever you do - DO NOT answer the phone from a debt collector, if you engage in a debt collector on the phone - simply state - clearly and politely -
“Thank you for the call - this call is being recorded for quality control purposes - this is not a refusal to pay - a debt Validation letter will be sent, thank you.”
Then hang up.
Paypal CANNOT collect on a “debt” because it is NOT a debt, Paypal is a transfer service, not a bank, not a loan institution, you did not take or borrow money from them. If they choose to pull funds from your account, they actually owe you. The only thing you owe paypal is their transfer fee, NOTHING MORE.
Once you send out that debt validation letter (which by the way also has a Cease & Desist clause it in to shutdown the collection agency) you will most likely never hear form them again.
If they try and pull a Supeano trick on you, you just won $1,000 - read:
http://www.state.in.us/judiciary/opinions/archive/03260101.ewn.html
Debt collectors can NOT make summary judgements, its ILLEGAL and they have violated the Fair Debt Collections Act and they now owe you $1,000
If after your send the Debt validation letter - they post negative postings on the 3 credit reporting agencies, they now owe you $3,000
Get fully educated on paypal and their lie’s and the lawsuits against them -
http://www.paypalsucks.com
All the horror, and answers you’d ever want to know. Once you go to this website, pull whatever funds are in your paypal account out immediately, completely remove all of your personal info and CLOSE YOUR ACCOUNT!!!! Paypal is pure evil, they make YOU pay and they are NOT your pal !!!