Ebay and Pay Pay separate entities. Now What?

[neatjerseys]

Big Celebration for Pay Pal as today they officially once again become separated from Ebay. What does this mean for us? The only thing I remember what we were able to do when Pay Pal was still it own company was we had choices on how we could receive payments from our Ebay sales.

Since Pay Pal should now only be an option as one means of collecting payment, will we have that option again? Will we again be able to receive payments in other forms such as bank notes, money orders, cash? 

[tobyshitzu]

nope.  Ebay has guaranteed paypal will be 80% of sales for 5 years, or they have to pay paypal a penalty.  If its over 80%, paypal pays ebay a bonus.  So any payments change on ebay is a long way off, at least

[ypdc_dennis]

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@neatjerseys wrote:

Since Pay Pal should now only be an option as one means of collecting payment, will we have that option again? Will we again be able to receive payments in other forms such as bank notes, money orders, cash? 

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Accepting payment using bank notes, money orders, cash?

No change, same as always.

If the buyer requests alternative payment then the seller can provide a choice.

For local pickup, cash has always been an allowable choice.

Note: eBay bought paypal way back in 2002, restrictions on what types of payment sellers could ask for didn't happen until much later.

[femmefan1946]

The restriction on sellers demanding cash or money order payments is a Buyer Protection policy.

And sellers are already allowed to accept other electronically visible payments . ProPay comes to mind.

As mentioned above, buyers can offer to pay with cash or MO or personal cheque. Sellers can then say yes or no.

Since I was selling in those days, cheques and cash were a pain. Slow to arrive and we had to wait until the cheques cleared if we were wise.

Money orders were better, but US buyers were oblivious to careful explanations about using International MOs. Sending uncashable domestic postal MOs or MOs from podunk banks that were not tied into to international banking system.

Then there were the fake Western Union emails. Which gave WU an undeserved bad name.

Billpoint and later PP, were a blessing you kids don't appreciate.