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AUTOMATIC CHECKOUT ... NO!!!
I DO NOT want Automatic Checkout on my eBay account.
Is this some PayPal contrivance?
Mark my word, this is going to cost eBay and its sellers plenty. Buyers are going to be making FEWER and LOWER auction bids if this is forced on us.
7 comments
inceptions
Mentor2 years agoIt may cause fewer bidders and offer-makers, but it will stop costing sellers the time and money they are losing from buyers who don't pay for the items they commit to buy. This is good for buyers who DO pay because they will win those auctions and have more of their offers accepted.
This new process is a good solution for eBay, for sellers, and for buyers who DO pay for their purchases. There are a few unusual business scenarios they still need to work through, but it's a work in progress.
trezjr
OP2 years agoAs a buyer I don't deal with sellers with a lower than 99% Feedback rating. But I still have to wait a week or more for an auction to end and some times 7 days before shipment is made. Is that fair? I have a 100% Feedback rating as a buyer and give what I consider the most liberal feedback on eBay in return. eBay gives you as a seller options after 4 days if payment is not received so excuse me if I don't cry for you. I see this as a hurt for all parties and will be watching the stock for the remainder of the year.
gosimus
Mentor2 years ago@trezjr
< I have a 100% Feedback rating as a buyer >
That's not much of a distinction. Everybody has 100% positive as a buyer. Sellers are physically unable to give negative feedbacks to their buyers ... not since 2008.
< will be watching the stock for the remainder of the year >
Maybe this is a golden opportunity for you to cash in by selling short. I don't have the nerve to play the market, nor the cash, sigh. If you do, will you let us know how it turns out?
inceptions
Mentor2 years agoAs a buyer I don't deal with sellers with a lower than 99% Feedback rating. But I still have to wait a week or more for an auction to end and some times 7 days before shipment is made. Is that fair?
Yes it fair. The seller's terms are included in the item listing. You agree to the seller's terms when you bid, offer, or buy. If you don't like the terms, you can move on and find a different seller.
Most auctions run for a week. If you don't want to wait a week, you can use the Buy It Now option or find another listing that has it. As for handling time, most sellers ship quickly, but a seller can have a handling time of between 1 and 30 days. That time is build into the estimated delivery date shown on the listing for review when making the decision to buy or not.
If buyers paid for the items they committed to buy, this policy wouldn't have been needed.
(And please don't worry about spilling any tears for me. As a seller my listings have required immediate payment for years and years so this policy doesn't change anything for me. As a buyer, I have no problem with it as I always pay for what I commit to buy. Whether I give my payment info before bidding or making an offer or after doesn't make much difference to me - in fact I prefer it. )
tenbigdogs
Mentor2 years agoHi @trezjr Even though buyers can't receive negative feedback anymore, I'm always happy to run into a buyer who is proud of their 100% Feedback score. It tells me that they're a good buyer who pays fast and honors the terms of their transactions, and I agree that's something a buyer can be rightly proud of. Good luck!
eburtonlab
Mentor2 years agoSellers have the option to opt out of requiring a valid payment method for bids or offers for their own listings on their Buyer Requirements pages.
https://www.ebay.com/bmgt/buyerrequirements
trezjr
OP2 years agoThat's good to know and may come in handy. Thanks so much for the quick heads up!