Friday, July 15, 2005

PayPal & eBay Tighten the Screws

eBay recently announced that they will no longer allow PayPal customers to skirt fees by accepting only PayPal balance payments. That means sellers must upgrade their PayPal accounts to accept all forms of payment, including credit cards. This, in turn, means that all transactions using PayPal will incur the standard PayPal fees. The free ride is over. This begs the question: When will eBay start requiring PayPal as a payment method on all listings? My guess? Pretty darn soon.

Coming Next Month: Updated Policy for PayPal Payments on eBay