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Friday October 21, 2005 2:28 pm
eBay Now Only Allows Paypal Payment Service
Okay, so we all know that Google is set to unleash their online payment system, probably called Google Wallet, any time now. Coincidentally, eBay has just updated their “Safe Payments Policy,” which includes the following statement:
Not permitted on eBay.com: Sellers may not solicit buyers to mail cash. Sellers may not ask buyers to send cash through instant cash transfer services (non-bank, point-to-point cash transfers) such as Western Union or Moneygram. Finally, sellers may not request payment through online payment methods not specifically permitted in this policy.
Basically, they are saying that if you are a seller, you can ask for check, money order, or Paypal payment (including credit cards) - you can not ask your buyer to pay you through Google Wallet when it launches. Odd - my experience with Paypal, along with horror stories from others, lead me to believe that if you were creating a “safe payments” plan you would stay the hell away from Paypal. What’s that? Oh, yeah - eBay owns Paypal. I get it now.
Read More | eBay
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