This may be of interest

[cameramaam321]

I have *bleep* about this before, but here's a new twist...I do not allow ebay to store my credit info, so I cannot bid on auctions.

I wanted to bid on two items from the same seller, auctions ending about a day apart.

So, I put in my card info, bid on both, then deleted my payment info. I figured if I won one or both, I would get a notice and would then pay.

Au contraire!

When the auctions expired, I found that "auto pay" had indeed debited my account. More than 24 hours after that card info had been deleted. As a side note, I had contacted the seller, who said he'd be glad to combine shipping, just wait on the invoices and he would adjust it - however, he said afterwards that this was not an option available, and instead he refunded me some of the shipping costs.

What this means to me is this: ebay had my credit card info for a nanosecond, and when I placed a couple of bids, the money for the items, plus shipping, was apparently put "on hold" by ebay until the auctions ended. Then the charges were run through even though I had deleted the card from my account.

I stronly suspect that ebay has somehow figured out a way to bleed a few cents from bidders, even when they "lose" an auction - by holding their bid money "hostage" for a certain amount of time.

This stinks. ebay should be investigated for churning these funds.

That is all I have to say about this.

[marty_look]

I agree, autopay is total bull ship. I'm very reluctant to buy anymore and if I do its one item from one seller, usually pick the most desired item even tho normally I'd buy more at once. As a buyer - between surprised instant autopay and no combined shipping I hardly buy anything anymore. I do not trust ebay making transactions that i always did myself in the past.

[mike20_35]

It seems to me, that the eBay platform allows the opportunity to place a bid and participate in an auction even without having the full amount of funds on your payment method. and only when the buyer wins the auction he is given time, I think at least 24 hours, so that he can pay for his purchase and at the time of payment, if he has more than one payment method, he is given a choice from which payment method to write off the money, at least this is how it works for me. and in order to protect your funds on the Internet, it is not necessary to have a lot of money in this account, you can transfer them immediately before making a purchase, I hope my answer was useful to someone.

[roccotacodad54]

   Maybe. I've not run into this with my bank though. I only buy 5 or 6 times a month probably.

[fbusoni]

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@cameramaam321 wrote:

Well, thanks for the insults, but I have never failed to pay for anything.

I just don't trust ebay with my financials.

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Yet you've been a buyer here for 25 years.

Odd.