Thursday, November 11, 2010

eBay forcing out hobby sellers

eBay recently started requiring sellers to provide automatic payment information (credit card, debit card or PayPal) to pay fees. Earlier, eBay generated an invoice after the sale and sellers had a certain time within which to pay the amount due. This change will require sellers to link their PayPal account to a credit, debit or pre-paid card or to a bank account.

This change seems to be forcing out many sellers who are not interested maintaining an automatic payment method on file. Specifically noted by some small hobby sellers:

"I totally understand your reluctance to allow this unsafe payment method & their lackeys access to your money, what with Paypal known for "Piggybacking" any chargebacks on recurring payments. Be very sure NOT to use a debit card, do NOT link them to your main bank account, and if possible use a credit card you have a good relationship with, so you can dispute any wrongful fees, since Ebay has double billed sellers before.

I REPEAT: UNDER NO CIRCUMSTANCES, ALLOW PAYPAL ACCESS TO YOUR DEBIT CARD! AND DO NOT USE PAYPAL FOR RECURRING CHARGES! These are the 2 biggest no nos, the horror stories clutter Ebay boards with sellers that have been dunned & gotten bounced checks after Paypal stole funds without permission by Piggybacking!"

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