Last March, eBay announced that offering PayPal as a payment method would be made compulsory for all sellers on eBay UK. The actual implementation of the new policy was delayed from the end of April, and is now aff_link("https://www2.ebay.com/aw/uk/200805161128422.html","to be from June 3rd","compPP","UK"); ?>.
eBay state that 95% of listings on eBay.co.uk already offer PayPal as payment method. Those that do not do so are likely to be from private sellers who want to avoid PayPal’s fees, and sellers who for one reason or another do not have a PayPal account. The first group will need to start factoring in these extra costs when listing their items, but the second group face a stark choice: offer PayPal or quit selling on eBay.
The positive side of the change is that this should again add to buyer confidence using the site. eBay buyers are very well-educated that they are protected by PayPal, and seeing all listings on the site now offering buyer protection should make them feel more confident about shopping here.
3 Responses
Well educated or brainwashed? 😉
One man’s education is another man’s brainwashing, Mark 😉
I love my website, I’m on 35% payment via Google this month, won’t be long until it’s over 50%.