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***Coming Next Month: Updated Policy for PayPal Payments

NeviDimka

NeviDimka

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***Coming Next Month: Updated Policy for PayPal Payments on eBay***

July 15, 2005 | 10:19AM PST/PT

Hi…we're Sarah Brubacher and Jeff Spaulding. Today, we're here to announce that eBay and PayPal are making some updates to our payments policies that will go into effect next month.

Beginning August 19, 2005, all sellers who offer PayPal as a payment option for their eBay listings must accept all forms of PayPal payment. This includes payments made via PayPal account balances, bank accounts, or credit cards, regardless of whether sellers display the PayPal logo with credit card icons.

We've had a lot of buyers and sellers tell us that the current policy is confusing, or felt it was unclear how PayPal's and eBay's respective policies applied to the situation where a seller displayed the PayPal logo but stated in their item description that they only accept payment via a balance or bank transfer. Our goal in updating this policy is to not only provide a consistent user experience for buyers, but also to create clearer policy and to better provide a level playing field for all sellers on eBay.

When the new policy takes effect, sellers who list with a PayPal Personal account may still receive payments funded via account balance or bank account transfers but must also be willing to upgrade to a PayPal Premier or Business Account if they receive a credit card payment via PayPal from their buyer.

Additionally, sellers may not communicate to eBay buyers (for example, in their item description) that they only accept, or will not accept, specific forms of PayPal payment. Doing so in a listing can lead to it being cancelled, and refusal to accept a payment after the auction has ended will constitute Seller Non-Performance.

The details of this policy update can be found both in PayPal's Policy section and on eBay on our PayPal Payments Policy page.
 
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