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eBay's Payment Changes Halted
Tuesday, June 17, 2008
The Australian Competition and Consumer Commission has stopped eBay from going ahead with plans to eliminate all payment options for buyers except for Paypal.

Now this would be a good thing for eBay, because they own Paypal and get a chunk of all payments. If you pay with a credit card, money order etc then eBay misses out.

Apparently the ACCC has gotten more than 600 complaints from people about the plan. I reckon this was always going to raise a red flag with the authorities.

Maybe they could have put in place some incentives for buyers to use Paypal instead of other forms of payment.

Then again, if you're not annoying the competition, your peers, the authorities, and everyone else but your customers then you're not marketing hard enough. Like when I send a broadcast fax campaign, I always get responses asking me to stop faxing them. Some more polite than others.

I don't know what the ACCC will say, my immediate reaction is that the benefits of offering multiple ways to do business should count for a lot. How can you increase the number of ways to do business in your business? 'Grease the slide', make it as easy as possible for people to buy from you. Find out about taking Diners Club, American Express, Discover Card. Join Paymate, 1shoppingcart, mals-e.com. Take cheques, money orders, even let people pick up with cash if possible. You can even try COD. Just try.
posted by Brian Cassingena @ 7:33 PM  
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