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EcommerceBytes-NewsFlash, Number 1874 - September 15, 2008 - ISSN 1539-5065    1 of 3

USPS View on eBay's New Payments Policy

By Ina Steiner
EcommerceBytes.com
September 15, 2008




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Sellers upset with eBay's new ban on paper payments such as checks and money orders wondered what the US Postal Service (USPS) thought about the policy, since the ban extends to USPS postal money orders. So we asked. A USPS spokesperson provided AuctionBytes with a statement that it has been releasing to customers who ask about the change.

"Beginning in late October eBay will no longer allow checks or money orders as payment methods. Only approved electronic methods will be allowed. In January 2009, all accepted payment methods will be integrated into eBay Checkout. For buyers, this change means a more consistent and secure payment experience. For sellers, it means faster payment and fewer unpaid items. Visit www.ebay.com for more details.

"This is an eBay adopted policy that the U.S. Postal Service has no commitment, or control of, from eBay.

"The U.S. Postal Service will continue to provide Money Orders for customers. Postal Money Orders are a safe, convenient, and economical alternative to sending cash through the mail. They can be purchased from any Post Office(tm) locations in the United States as well as from any rural route carrier, available up to $1,000 each. A current government-issued or state-issued picture identification is required for money order purchases of $3,000 or more in a single day."

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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