EBay is feeling the love again from the Australian Competition and Consumers’ Commission (ACCC) after the online auction giant announced yesterday that it would change its controversial payment methods system.
As of July 14, sellers will no longer be locked into using PayPal as the primary payment method, introducing Australian e-money vendor Paymate and merchant credit cards as options sellers must use at least one of.
The company said in a statement that the new payment options had been discussed with the ACCC, who “welcomed the initiative”. No other changes have been made to other existing payment options allowed on the Australian eBay website.
In addition to the payment changes, eBay will also launch a Basic Store fee for books and music. From July 8, sellers will be able to list items for a flat 5cent insertion fee with a final value fee of 9.9%. While this will significantly lower the up-front cost, it will increase the end-sale cost.
Another introduction for July 8 will be the new Local Classified option.
This will enable occasional sellers to list an item for a zero insertion fee, provided the item is listed for local pickup only. eBay says it will eventually enable its website to list all local classified listing but that it won’t be available initially. The final-cost fee with be 7.9% capped at $49.95. It won’t be available to PowerSellers, Store subscribers and Business Registered sellers or non-Australian account holders.
EDIT: Get the full details from eBay’s news site.
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#1 by Mike on May 23, 2010 - 1:20 pm
Why are people still using ebay to sell online. Try sellbits.com It’s much easier to use and you can try them for free. They won’t take percentages of your sales either!