Auction-Registration.com
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Interesting eBay Auction News
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eBay Bans Cash Payments
Bay has officially outlawed cash payments among its 100 million members. The auction site has begun deleting listings from sellers who offer to accept cash, saying that these sellers tend to be involved in scams.
"The U.S. Postal Service tells us it's unsafe, and now eBay is telling everyone that it is unsafe," said Matt Halprin, eBay's global policy VP. "So if a seller solicits or encourages offers to accept cash, [they are] encouraging unsafe payment methods and we do remove that seller's listing."
eBay managers approved the policy in October, but the change wasn't widely publicized or enforced until this week. Recently, several longstanding PowerSellers who have traditionally accepted cash complained that eBay is trying to force them to accept PayPal. eBay purchased the payments company in 2002, and is aggressively promoting its use.
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