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eBay rebels react as a major seller on eBay goes bust, issue warning! E-mail
by Alex Zaharov-Reutt   
Tuesday, 29 July 2008
Page 7 has concludes the eBay rebels’ response to the Commonwealth Bank of Australia.

”We believe that Paypal is the single most unsafe transaction method one could possibly consider joining, and as you are aware, they offer no guarantees of safety or accountability, unlike EFT Code signatories.

“eBay consumers are being forced to join Paypal or suffer sanctions, and to this extent we believe that no transaction company should have such power over our right of choice. 
 
“eBay members represent the single largest unprotected consumer group in Australia.  Many are concerned about the precedent of Paypal (a foreign owned entity) gaining dominance in this country whilst flouting and ignoring regulatory, legal and consumer standards.
 
“They are showing up in retail sites, other online sites, restaurants, misleading consumers into thinking they are the safest method to transact above other EFT products, and no doubt next, they will discredit the safety of paying by Credit Card. 
 
“We are campaigning for Paypal to be brought into line with Australian transaction products in terms of consumer protection, accountability, fair business practices and security.  No doubt you'll have seen Daniel Feiler’s recent remarks, claiming that Paypal security exceeds or is better than the EFT Code?  

“Many consumers believe that if this is the case, then Paypal should sign the code, and actually be as accountable as their competitors, whom they continually discredit. 
 
“XXXXXX is the gentleman I mentioned who would be happy to contact you to discuss the latest RBA submission above.
 
“Thank you so much for inviting further correspondence and liaison in this matter.
 
“Sincerely”

And here the letter formally ends, unlike the eBay saga to which there seems no end in sight.

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