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NEWS

7:21 AM, 4 Jul 2008

eBay's losing bid to bring in payment scheme

Abstracted from The Australian


Online auction group eBay Australia & New Zealand has withdrawn plans to prohibit all payment options except PayPal Australia and cash on delivery. The online auction group owns PayPal, which charges a commission of between 1.1% and 2.4%. The move to restrict payment options prompted a strong response from eBay users. The Australian Competition & Consumer Commission issued a draft notice in early June 2008 denying eBay legal immunity from sections of the Trade Practices Act

Distributed by News Bites. © Lexis-Nexis


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