Monday, March 01, 2010
EBAY Strikes Again
Ebay has been very busy these days attacking their sellers ass usual. The latest game is the sale of questionable items.
What in the Hell is a questionable item?
For example: let's say you find a transistor radio from the '60s and you buy it on Ebay. Well , everyone now a days must have their own PayPal account. Ebay now owns PayPal and Ebay also owns all of the gold , so Ebay makes the rules.
Now , what Ebay has started doing , is placing a hold on the payment until the transaction takes place and the buyer is happy. Or 21 days has passed , which ever Ebay decides on , for you , "The Seller" , to maybe , be paid. So what happens if the buyer is'nt happy? You , "The Seller" , are Fucked.
Meanwhile , while Ebay has your payment tied up in limbo , PayPal makes interest off of your money while it sits in their escrow account.
Sweet , eh?
What in the Hell is a questionable item?
For example: let's say you find a transistor radio from the '60s and you buy it on Ebay. Well , everyone now a days must have their own PayPal account. Ebay now owns PayPal and Ebay also owns all of the gold , so Ebay makes the rules.
Now , what Ebay has started doing , is placing a hold on the payment until the transaction takes place and the buyer is happy. Or 21 days has passed , which ever Ebay decides on , for you , "The Seller" , to maybe , be paid. So what happens if the buyer is'nt happy? You , "The Seller" , are Fucked.
Meanwhile , while Ebay has your payment tied up in limbo , PayPal makes interest off of your money while it sits in their escrow account.
Sweet , eh?
Comments:
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Ebay is on the move to remove the little people. Ebay does not give a Damn how they treat people. You can bet , PayPal is making interest while holding that money in a escrow account.
Many seller have been looking for ways out of the 'bay , butt , there is no where else to go with the 'bay traffic
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Many seller have been looking for ways out of the 'bay , butt , there is no where else to go with the 'bay traffic
# posted by 
: Mon Mar 01, 09:42:00 AM PST
: Mon Mar 01, 09:42:00 AM PST << Home
