Thursday, September 02, 2010

eBay Tightens PayPal's Monopoly Officially Bans Third Party Online Checkout Options

Most eBay sellers that are familiar with the eBay seller agreement know that eBay holds a tight reign on the services sellers can use to collect payments and while Google Checkout and several other third party services have never explicitly been disallowed the company has never listed most of them as accepted payment services.

According to a recent post by Todd Lutwak, eBay’s vice president of the seller experience, the company is instituting a new policy that will disallow collections of payments from not only Google Checkout but any and all third party online payment services.

Once the new policy takes affect PayPal will stand as the only online payment method available to users. The company claims the move is intended “to give eBay buyers a consistent, speedy checkout experience and to ensure support for fast-growing sales via mobile platforms...,”

Clearly this has more to do with eBay owning PayPal than the user experience. Users have for years complained about the monopolistic approach eBay has taken towards PayPal. This seems to me nothing more than eBay looking to further double dip on their sellers!

Read more via eBay:

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