eBay Australia to only permit payment via PayPal (Wikinews)
I'm not much for the Ebays of the world anymore but I do understand their necessity for toy addicts.
But for Ebay, even just Ebay Australia, to basically force payment via their fully owned subsidiary Paypal seems a bit of bad form.
Of course, corporations typically can't be trusted to do anything really trustworthy when it comes to profit generation anymore.
So.
Aussies will have to 1) pay a fee to post an auction, 2) take a % hit when it sells, 3) take a hit when the Paypal transaction occurs, and then quite possibly 4) a % for volume traders.
Now I only bring Australian Ebay up because you know damn well 'Merican Ebay would gladly force all their users to use Paypal just like this if they could.
And quite frankly, I imagine something like this will happen in the future regardless of US anti-trust laws and such.
I'm wondering how many years Ebay has left in it.
The need for greed/profit will always trump everything else in business, especially those businesses that managed to start out relatively benign on the internets and succeed.