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Post Info TOPIC: Amazon takes on Ebay in the payment ring


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Amazon takes on Ebay in the payment ring


Amazon takes on Ebay in the payment ring

Paypal has new rival

AMAZON HAS OPENED up its online payment system, Checkout, to compete directly with Ebay's Paypal.

Checkout will give online retailers the option of having Amazon manage their payments, avoiding having to register customers afresh. Sites which adopt this service will then be able to use billing and address details that customers have already logged.

Sites using the service will be able to use features similar to Amazon such as order tracking and one-click purchase. Vice president of Amazon payments, Mark Stabingas told the New York Times: people will like the familiarity and comfort associated with that".

Let's not get too cosy though, as Paypal is still the most popular service due to its having built up reputation for being trustworthy and reliable, if expensive. Paypal has been responsible for a quarter of Ebay's revenue since the company bought it for $1.5 billion in 2002.

Strangely Google also launched a shockingly similarly named service 'Google Checkout' just two years ago, which didn't take off too well, especially in the UK. We'll have to wait and see if the services' namesake has the same fate laid in store.



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Paypal is still the most popular service due to its having built up reputation for being trustworthy and reliable

laughing.giflaughing.giflaughing.giflaughing.gif

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284dan wrote:

Paypal is still the most popular service due to its having built up reputation for being trustworthy and reliable

laughing.giflaughing.giflaughing.giflaughing.gif



Pretty obvious they never did any research regarding that specific sentence? Maybe they were being courteous?

That entire site is nothing but a clusterbleep and a glitchfest.

And I would not be surprised to learn of another HUGE gaping hole in PP.
Not at all. Maybe more than one. lmao. blankstare.gif

biggrin.gif

http://www.accc.gov.au/content/index.phtml/itemId/823668/fromItemId/776499

http://forums.ebay.com.au/forum.jspa?forumID=500000001

http://forums.ebay.com/forum.jsp?forum=97

There are signs o' plenty.









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Now here is something perhaps a bit odd. From elgoog news search for ebay, an article from seekingalpha is NLA, even gone from the cache at google confuse.gif

-------------------

Amazon Takes Aim at eBay's Precious PayPal
Seeking Alpha,NY- 9 hours ago
I've abandoned Ebay (EBAY) as an investment many years ago as it's now a "value play" instead of growth, but have always said I'd love to get a piece of the ...


-------------------
I did find part of it here though.

Amazon Takes Aim at eBay's Precious PayPal

Trader Mark submits:

A very interesting article via MSN Money. I've abandoned Ebay (EBAY) as an investment many years ago as it's now a "value play" instead of growth, but have always said I'd love to get a piece of the action of PayPal if they ever spun it off in its own entity. It's essentially a Mastercard (MA)/VISA (V) clone. It is now up to 1 of every 4 dollars of revenue for Ebay and why they don't create value by doing a PayPal IPO is beyond me.

(continues briefly)

(links ^ here point back to the NLA article)



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Isn't that the Bull that SuckMyNasdaq has in his videos? HUMMMMM

http://www.youtube.com/user/THANOS43

He is Running for President?

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Cynthia Raymond


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Looks like everyone can see it but ebay.... Hey, whatever happened to the big plans for half.com, and ebay express? Neither one of those really took off that well, did they?

If everyone rememebrs correctly, half dot com was suposed to be the answer back then, then they must have shelved that and started over with eb express, (does that even still exist BTW? And if it does... why duplicate the effort?)

They have a lot more in common with the Nazis than just the way they treat people. LOL. The far flung plans where the right hand knows not what the left is up to and the duplications are a prime example, along with some strange desitre for constant expansion when they don't have one place, the first place, under control.

And as for the last round of changes, they are a very transparent ruse. Nothing more. (also more evidence that the ghost of Rube Golbgerg is possessing them) I feel they will be facing challenges on that front. It did not fly down under... I hope the Americans have the nads that the Auzzies have.


EBay's Aim at Amazon: Off Target


Competition for customers between eBay (EBAY) and Amazon (AMZN) is heating up. In an attempt to win market share EBay Cuts Fixed-Price Fees More Than 70%, Maintains Forecast.

EBay Inc., the world's largest Internet auctioneer, lowered fees for listing fixed-cost items by more than 70 percent to attract additional sellers and compete with Amazon.com. EBay said the changes won't affect its annual earnings projection.

Sellers will pay 35 cents to list multiple quantities of the same item for 30 days, the San Jose, California-based company said today in a statement. Previously, sellers paid between 35 cents and $4 per item listed for seven days.

Chief Executive Officer John Donahoe's strategy of removing most upfront fees is designed to boost listings and grab market share from Amazon.com, the world's largest online retailer. EBay's sales growth in the second quarter slowed the most since 1998 as consumers, hurt by rising energy and food costs, reduced purchases. The new prices take effect Sept. 16.

continues...

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But does it matter how much the listings cost? If the buyers never see your listings anyway. The search engines take care of that, as we have seen in the past. Now with the multipule listing pricing, I can see where the 10,000 listings for cheap crap are just going to flood the unique item sellers out of the ball game. Could that be because Ebay has also gotten a chunk of the wholesale purchases? HUMMMM.

I am not impressed, in the least, with this new plan for September 16th. That is why I think we should call for another strike, effective Sept. 16, 2008.

As an antique and collectibles seller, I can see that my listings would be burried under the pile of multiple item listings.

IMO it may work for sellers who don't care about the unique collectibles, if you purchase multiple items from Ebay in the first place. But I think that is just buying from the devil in the first place. We can find that crap at Walmart, just down the street. Why would anyone think that would make Ebay any better than they are right now?

They have total control over the sellers with their hackers and search engines. Ebay became big because it was the place you could find unique items, not imported junk that the sellers purchased from Ebay in the first place.

I guess at this point, I don't trust anything they try to do. That is why I will never go back to their site. I would rather cut the head off of my 10 year business and move on. As far away from Ebay as I can go.

There comes a time when people have to make a decision to either be used by them, once again, or to move on.

What is the old addage?

Burn me once, shame on you. Burn me twice, shame on me.

I won't give them another chance to do what they have so often done. I was burnt from them many more times than once or twice. After 10 years of this stuff, I have had enough. If anyone goes back, they are just asking for another hit in the head.

But I can assure you, I would rather quit selling all together than to be victim to their games any longer. And since I have been a part of the Boycott, I am even less impressed with their tactics of mind games and abuse. furious

-- Edited by Rusty at 20:14, 2008-08-21

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I don't feel like going to look up all the links, but I think it is pretty clear that antiques and collectibles will be either phased out or spun off. I saw a thread about that on eb forums, seller central I believe. And to be honest, my eyes just glazed over trying to read that and Lorrie Norrington's official Announcement at the ebay core announcements page.

I went and got better acqainted with my new tv set and the 'sleepy chair' instead laughing.gif

So what is ebay without collectibles?

Here is that thing about half dot com and express:

eBay's Half.com integration hits snags



"Last month, eBay, which bought the fixed-price trading site in June 2000, backed off earlier plans to eliminate the Half.com site and rename it eBay Express Buys. "

So basically they are going to do the same (dumb) thing 3 times, and also try to force a monopoly onto everyone?

What is wrong with these folks? confuse.gif


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Could it be that they are running out of ways to confuse the users?

Actually, why do they need any sellers? They already have all the financial information they need to hack enough accounts that they could live high off the hog if people don't start opening their eyes to what they are doing.

I personally had over $400 stolen from my account, thanks to Paypal and Square Trade. It is time to leave them, close all your accounts (including any financial accounts) that they have your information on and get the heck out of there.

Let me see......Even if they only took $5 from each user, they would be able to live like the leaches they are for quite some time. I would love to take the time to calculate just that small concept. How Many Paypal accounts are there? Wow, why would they care what the users want when everyone is carelessly throwing their money at them.

Go figure. I can't. People need to get out of their grips or they are going to continue doing what they are doing. Why quit, if people don't wake up and say forget BOYCOTT, it is time to LEAVE for GOOD. Strike like a match and burn them out totally.

Anyone who goes on the site is setting themselves up to be toyed with.

Some worry more about the forum information being removed, then they do about the money they are loosing by playing their games.

This is crazy. Wake up people!!! Get out of Ebay, Paypal, Skype and any other company that Ebay has to do with. They are all scum and anyone who goes in the site are just asking for it.

WHAT TO DO? GET OUT OF THERE! RUN! As fast as you can. It wasn't worth it to sell with the high fees but to waste precious time, an not getting paid to do so, in the the forums and fighting with eachother, why do it?

No more empty promises, no more lies. It is time to LEAVE FOR GOOD. They had their chances to change and refuse to do it. Why should we let them have yet another chance?

If anyone can think of a reason, please clue me in because I just don't understand why anyone would waste their time when they could be selling elsewhere or hugging their children or kicking the dog.....anything has got to be better than wasting time in their chat rooms.

If anyone who is still selling or chatting on ebay forums can let me know ONE good reason to stay there, please let me know. I am open minded to listen. But I will never return to the site, after what I have been through, since the boycott. Once more, before the boycott.

What a joke. It is time to take them down for good. UNITED, not in Ebay chat rooms but by reporting the offenses and taking them down.furious

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