Tag: PayPal

Australia Puts Brakes On eBay PayPal Only Plan

The Australian Competition and Consumer Commission (ACCC) have told eBay to put its plans to move to a PayPal only system on hold."The ACCC is concerned that the notified conduct will allow eBay to use its market power in the supply of online marketplaces to substantially lessen competition in the market in which PayPal operates," ACCC Chairman, Mr. Graeme Samuel, said today.

Google Files Objection On PayPal Only Policy In Australia

eBay users have been curious to find out who submitted an anonymous filing to the Australian regulatory agency that is reviewing eBay’s plan to move to a PayPal only option.The submission says eBay should not be allowed to exclude competing payment methods. An AuctionBytes reader found a 38-page PDF filing that appears to have come from Google.

eBay To Move To PayPal Only In Australia

After negative publicity about an eBay plan to require users in Australia to use PayPal-only, its online payment system, rumors about a similar policy in the U.S. were met with a forceful denial from the company."In the U.S., we are not mulling, planning, or otherwise seriously considering a move to PayPal-only," wrote spokesman Usher Lieberman on the company’s eBay Ink blog. "There are U.S. market-specific reasons why PayPal-only is something we simply cannot do in the U.S."

Paypal Unveils Virtual Credit Card

PayPal has partnered with MasterCard to release the PayPal Secure Card. It’s a virtual credit card that generates a unique credit card number for each online transaction. Nothing new here, except as of tomorrow you can download software so you can easily use the service on any site, regardless if they accept Paypal or not. PayPal has been testing the feature with 3 million of its customers this past year.

Back To Top