Wednesday, October 22, 2008

DO YOU KNOW eBay NO LONGER ACCEPT CHECKS AND MONEY ORDERS?

(Shopping Information)

The next time you surface on the official site of eBay to purchase with either check or money order, you will be greeted with an unpleasant surprise.
The announcement came recently from their information desk (FAQ) that starting from late October 2008, payments made by checks and money orders will be bounced or simply not accepted.

Security reasons were said to be responsible for the action and the announcement added that the only acceptable modes of payment would only be:

1. PayPal
2. ProPay
3. Credit or debit card payment to the seller.
4. Payment upon pickup

This, they seem to suggest will give users a more secure checkout experience but how about people that wouldn’t even use eBay or PayPal for the simple reason that they don’t want to reveal their vital card information for the same security reasons that are being mentioned?

The aspect that makes most business sense to me is the fact that mailed in payments normally arrive late and at times bounce when they do.

Exceptions however were made to items such as automobiles, heavy machinery, real estate and mature audiences.
The policy will certainly be favourable to some but bitter to others. Which ever way it is, all of us can’t be satisfied as we may expect. What is your view on this?

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