Paypal Change I just got notified about

udisiudisi
in Auction Site Spotlight
Well, this kinda sucks, cause I guarantee some newb is gonna pay with an echeck and a seller will have to wait 10 days for it to clear and stupid negatives will insue

 

In the past, eBay allowed sellers to block eCheck payments in order
to reduce confusion over clearing time and potential shipping delays.

Significant improvements have been made in addressing buyer
expectations about eChecks, including information about eChecks added
to eBay checkout, transaction details, and email communications.

With these improvements, eBay sellers offering PayPal must now
accept all forms of PayPal payment, and are no longer allowed to block
eChecks. Sellers still have the ability to block eChecks on non-eBay
related checkout.

Comments

  • antofarabiaantofarabia
    eh doesn't seem that big a deal to me ... FYI though even if an e-check clears if that buyer's account becomes insufficient ebay will charge that amount back from you just because they don't want to lose money
  • pedro!pedro!
    You should be fine. I never send out special notices saying we have to wait to clear or anything like that, and have only had an issue maybe twice in the past year, and they were very minor. People who send echecks are just ahead of people who send money orders on the food chain (both preceded by personal check sender/cash sender).
  • sosagamessosagames
    They used to show "ship to" address before echecks cleared and now they don't. It's fairly annoying as I used to just ship out small echeck payments immediately and now I have to hold and keep track of all of them (2-3 a day usually). I also don't typically have problems with anxious echeck payers but I do every once in a while have one and will have them more often now
  • sirwillettssirwilletts
    honestly, what is the benefit for someone using an echeck? what is the difference from that and having it directly taken from your bank acct?
  • Little SamsonLittle Samson
    Originally posted by: sirwilletts

    honestly, what is the benefit for someone using an echeck? what is the difference from that and having it directly taken from your bank acct?


    I think some people feel uncomfortable at first linking their bank account with an online service; I know I did at first...
  • nukienukie
    Which is funny because the echeck needs an account to be linked to in the first place. There is no real benefit where paypal is concerned. In the real world echecks are free and automaticaly take the money out of your account when the check is sent, so it's easier to balance.
  • stonestnstonestn
    Echecks no big deal had about 20 people last dec. buy from me with echecks all cleared without issue just have to wait before sending anything out can get annoying but not a big deal.
  • dangevindangevin
    Originally posted by: nukie

    Which is funny because the echeck needs an account to be linked to in the first place. There is no real benefit where paypal is concerned. In the real world echecks are free and automaticaly take the money out of your account when the check is sent, so it's easier to balance.


    Paypal gets to float your money for a ton of extra time. The bank only takes a couple of days, but the average e-Check won't clear for a week.
  • jimpoleshukjimpoleshuk
    at least the arn't charging *more* money. My ass is starting to hurt
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