VBD2 is closed. Please go to https://vbd3.co.uk instead.

AJR wrote:I use Paypal when buying from sites other than eBay and lots of other sites besides those that I use also give a Paypal option .... it costs no extra.
No site that I can see uses Adyen ..... which to me sounds like a Japanese based company.

No it's Dutch !
You can still pay with PayPal after the transfer, it is just that you are not going to PayPal automatically like now after a buy on Ebay.

marcel

Miller wrote:

motorman wrote:Another way for eBay to profit from those crazy enough to allow them. I believe the option to pay via PayPal will still be available. On a positive note it might convince some German sellers to start using other payment options rather than bank transfer.

Bank transfers are free, paypal not! When i sell something within Europe in my business, i take an extra of 2% from paypal users, if they instead could use bank transfer.
Last year paypal cost me more than 1,500 Euro

Bank transfers cost so much in the USA that no one want's to do them for anything other than a very large transaction (like buying a home). Currently paypal is the only viable way to sell/buy internationally (unless you buy from a merchant that can process credit cards, selling has the same limitation).

I see the switch being more of a hassle than anything else and could limit ebay sales if the new method is not widely accepted in a short period of time.

Tinman wrote:

Miller wrote:Bank transfers cost so much in the USA that no one want's to do them for anything other than a very large transaction (like buying a home). Currently paypal is the only viable way to sell/buy internationally (unless you buy from a merchant that can process credit cards, selling has the same limitation).

I see the switch being more of a hassle than anything else and could limit ebay sales if the new method is not widely accepted in a short period of time.

Selling something on eGay costs me 10% for themselfs and paypal asks for oversea trades 5,2% of your sale plus shipping. Imagin selling something for 2.000 Euro plus 250 Euro shipping costs and you´re gonna hate them :/

I´m pretty sure, that eBay will not close Paypal down in any way on their auctions - they won´t risk losses.

I remember the days before paypal and you had to wait for a check or money order to arrive. If paying by check, some would wait until the check cleared before your item shipped. In those days, every package had to be taken to the post office and mailed which further slowed things down. Some sellers would only go to the post office once a week. It could easily take up to three weeks or more from the time you won an auction until the item arrived. International transactions took much longer and you had to deal with sending cash via snail mail (and deal with money changers).

Selling something on eGay costs me 10% for themselfs and paypal asks for oversea trades 5,2% of your sale plus shipping. Imagin selling something for 2.000 Euro plus 250 Euro shipping costs and you´re gonna hate them :/

Selling on eBay as a rule of thumb costs about 15% all in (depending on what you sell ... real cars for instance are a flat fee). However, sales over a certain price have their eBay fees capped, so more expensive items can reduce that 15% down to as little as 5% .... or at least it used to ... not sold any high end stuff for a while.

AJR wrote:Selling on eBay as a rule of thumb costs about 15% all in (depending on what you sell ... real cars for instance are a flat fee). However, sales over a certain price have their eBay fees capped, so more expensive items can reduce that 15% down to as little as 5% .... or at least it used to ... not sold any high end stuff for a while.

It is what it is, still a good way (probably the best way) to reach the masses for a reasonable amount.

I guess this big switch won't happen until their non-compete clause runs out with paypal, meaning it's a few years off in the future.

A few people who are way too rich already will be a lot richer very, very quickly. A lot.
And who is going to pay for it?

Yep. You guessed it.

15% (and less for those who reach reasonable sales quotas for discounts) is a pretty cheap fee to reach an international market and to process payments including credit cards. here, they even pass along the high volume customer discount provided by the USPS. Sure no one likes fees, but it's not that bad of a deal for sellers and it's great for buyers. I suspect the fee structure will be pretty much the same as paypal's. I imagine ebay is getting a better deal and that could allow them to hold down their final value fees lower, longer.

bit more reading about it.

https://www.ecommercebytes.com/C/blog/b ... 44969.html