How the New Paperless Payments Policy Affects the eBay Immediate Payment Feature

Posted on November 4, 2008. Filed under: eBay, Paypal | Tags: , , , |

eBay’s Immediate Payment option can be used on a Buy It Now price item, no matter the selling format (Auction, Fixed Price, Store Inventory).   The Immediate Payment option appears to the buyer like this:

immediatepayment 

For more detailed information about Immediate Payment Required, please visit my article titled:

What eBay and PayPal Do Not Tell You About Immediate Payment Required Option (click on article title)

In October 2008, eBay put in place the new Paperless Payments policy which allowed sellers to accept ProPay through eBay checkout.  And in early 2009 sellers will be able to integrate their own internet merchant processor account into the eBay checkout. 

However, it is important to note that ONLY PayPal is the payment option that can be accepted with the Immediate Payment feature.  Sellers who use Immediate Payment on their listings will not be able to accept anything other than PayPal for that item since buyers will only be able to pay via PayPal. 

You can read more information about the the 2 types of PayPal payments versus Propay in one of my previous blog posts by clicking  HERE .

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2 Responses to “How the New Paperless Payments Policy Affects the eBay Immediate Payment Feature”

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True. We discussed with our peers a few days ago. Immediate Payment Required only becomes an issue if not using feature increases non-payment. For example, Sony PSP is often “purchased” by children whose parent did not approve. For something like this, I would not use ProPay and just keep Immediate Payment Required turned on. If someone wanted to purchase by credit card, I can always revise the listing or create a new one where ProPay was an option.

This won’t become relevant to me as a buyer or seller until they build a cart.

I thrive on multiple item sales and Immediate Payment kills the benefit of combined shipping.

As a buyer, I’m more likely to pass on listings with Immediate Payment for this reason.

Thanks,Cliff


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