EcommerceBytes-NewsFlash, Number 1564 - June 19, 2007 - ISSN 1539-5065 1 of 4

eBay News on Fee Reduction, PayPal Upgrade

By Ina Steiner
EcommerceBytes.com
June 19, 2007

eBay announced last week during its annual conference that it was running a "summer relief" promotion. From June 19 through August 5, eBay will lower the first tranche of the Final Value Fees from 5.25 percent to 4.5 percent for eligible auction, auction BIN, and pure fixed-price format listings. eBay now has a page up describing the promotion (http://pages.ebay.com/promo/finalvaluefees). You can learn about all of the announcements made during the keynote address on AuctionBytes (http://www.auctionbytes.com/cab/abn/y07/m06/i15/s01).

In other important news, eBay announced that the PayPal site would undergo a scheduled data center upgrade on June 18, 2007, beginning at 9 p.m. Pacific time and scheduled to last for approximately two hours. eBay said during the upgrade, the PayPal site and a majority of its features would be unavailable: merchants, eBay sellers, and buyers - on and off eBay - would be unable to pay for items, print labels, view Account History, and more (http://www2.ebay.com/aw/core/200706071112471.html). AuctionBytes will report on any developments.

About the author: Ina Steiner is co-founder and Editor of EcommerceBytes and has been reporting on ecommerce since 1999. She's a widely cited authority on marketplace selling and is author of "Turn eBay Data Into Dollars" (McGraw-Hill 2006). Her blog was featured in the book, "Blogging Heroes" (Wiley 2008). Follow her on Twitter at @ecommercebytes and send news tips to ina@ecommercebytes.com.

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