| Not many are aware that as of the 23rd of May, | | | | thenshould notall sellers, regardless of location |
| Ebay has introduced a new sellerpolicy that all | | | | have verified paypal accounts? Some already fear |
| international cross sellers. (i.e sellers who are | | | | that this is what this is eventually leading to, that |
| registeredatone country but also list their items in | | | | inorder to trade on Ebay you must use Ebay's |
| another country) can no longer listtheir items in | | | | own payment brand, and may be forced to |
| any other country other than their registered | | | | submit your credit card details to paypal (as part |
| country unless theyhave a verified paypal account. | | | | of it's verification process, the ramifications of |
| Now Ebay's reason for doing this is to claim it is | | | | these in the long run are well known to sellers |
| to prevent fraud, butone mayask how about | | | | who have had to deal with fraudulent |
| those sellers who do not use paypal, who only | | | | chargebacks) ) Somesellers suspect this is |
| accept cheques orbank wire? A service | | | | justanother tactic to enforce it's monopoly on the |
| acknowledged by the banks themselves as | | | | auction market, by trying toforce everybody to |
| extremely safe for both parties, as a trace can | | | | use paypal, as many are already aware Ebay |
| be placed on the bank account in the case of any | | | | owns paypal, andgets a substantial percentage of |
| irregularities or seller non performance. Ebay is still | | | | payments made via paypal, so on potentially |
| adamant that such sellers, still must have | | | | three fronts Ebay would receive payments from |
| averifiedpaypal account inorder to cross sell. | | | | sellers, it gets a listing fee, a final value fee, and if |
| Of course what many seller's suspectisthis is not | | | | the seller acceptspaypal, a percentage of that |
| about preventing fraud at all (if that is the case, | | | | payment as well. |