So they are still pocketing the rest of the money, something once again to add to their bottom line. It has been awhile since I left the CC Business but not a heck of a lot has really changed all that much and the cost to Ebay, if anything, for the transaction fee is something in the range of $0.05 per transaction. Tue Jul 13 21:16:53 are correct that the CC companies do not refund that transaction fee to the processors or Sellers, but they also are NOT paying $0.30 per transaction. You get hit with the 30 cents from either direction. But now you are buying something with the funds, and change your mind. There is no credit card company involved.īut in these futuristic MP transactions, to have money there you must have sold something, so you are also a seller (in general). If eBay wanted to charge the 30 cents to the buyer in those transactions, they can. Something eBay could do would to let people use their MP money to purchase things. And the cc companies will hold that over ebay's head to shut it down. So in this same vein, if eBay starts shooting a penalty over to the buyer, the cc companies are going to get an earful from their customers. People are apt to spend more and more often when they don't have to pull cash from their wallet. Of course they want the MERCHANT to pay for that effect, but argue that you do more business by accepting the card than not having it as a payment method. ![]() They want it to be seamless, as if it was cash. They don't want you imposing ''user fees'' on buyers, or setting a minimum price requirement to use a credit card. If you don't present the price to be the same cash or charge, the credit card company can revoke the use of its card for your future business. Like the fact that you can't add the credit card costs onto the price, or you are in violation of the agreement. ![]() Tue Jul 13 16:54:34 part of the terms of accepting credit cards, there is a lot of language in those agreements that is buyer-friendly, and merchant UN-friendly. Its always about fighting with your sellers with eBAy - its 24/7 finding something to get them on - ever see an update that cracks down on BUYERS?. Just make the deduction as needed.ĮBay seems to be able to quote "chapter and verse" on every other law / rule (legal or not) about what sellers are responsible for - somehow when its a buyer issue. Wasnt that long ago when sellers paid fees at the end of the month - aka ANOTHER unspoken cash grab.ĮBay could SIMPLY put the verbiage in the TOS and require buyers to have a CC on hand/on record when signing up. That something has "been around for ages" means nothing - right is right, wrong is wrong.Īs well - eBay no longer waits 30 days to get paid - thats worth %3 that they SHOULD give back to sellers. If the BUYER cancels - then eBay should eat the 30 cents - as its NOT the sellers fault. Its really simple - if a SELLER cancels then they loose the 30 cents - its their fault. The cc companies are the source of it, and everything flows downhill from there." "This retention of the 30 cent fee has been around for decades, long before e-commerce or the even the internet itself. When you associate with garbage you tend to get abit dirty at times. OF COURSE, if a buyer cancels a sale then THEY should have to pay the 30 cent "fine", but eBay being the disgusting robber barons with no moral people would NEVER let truth and honesty get in the way of buying alcohol for Walkers West, or paying for Griffs Free gym or day care services. ![]() Yes, eBay will take its money from you IMMEDIATELY - one of the great unspoken perks of MP - eBay no longer either needs to wait 30 days (everything now is COD and the cheerleaders all applaud like trained seals) for ITS money, nor does it have to "get it" from Paypal. thats how "this business of ours, works".ĮBay SHOULDNT even keep the 30 cent fee - unless YOU as the seller cancels, but when a buyer does it - the eBay cheerleaders come here en mass to complain that "poor old eBay, those gosh darn BILLIONAIRES with their free everythings and BILLIONS in profit will loose money and "its not THEIR fault so they NEED your 30 cents!" Its all lies of course (Florence Nightingale Syndrome reigns supreme) but this isnt the story about the Great eBay robbery - we've gone down that road and the the 30 cent VIG is here to stay. See when you deal with the MAFIA, they ALWAYS get "theirs" first, then maybe you get yours. EBay Cancelled Orders Cost Sellers in Several Ways
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