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eBay rebels accuse eBay/PayPal over EBS fund “cover up”

Opinion and Analysis

A claim that eBay and PayPal could be engaging in a cover up continues, in italics:

”From PayPal Conditions

“Question : Does PayPal permit transactions for pre-sale items? :: Pre-sale items are advertised for sale before the seller has the items. Often, these items are sold before they are available to the general public. Or, the seller uses the funds from the sale to purchase the item that has already been sold.

“Answer : PayPal permits pre-sales on a limited basis, only if the seller guarantees delivery within 20 days from the date of purchase and clearly identifies the item as a pre-sale. PayPal may apply additional conditions, such as proof of the seller's ability to successfully deliver the product: supplier information, purchase invoices, postal information or proof of delivery.

From a Typical EBS Listing :

“THIS IS A PRE-SALE / PRE-ORDER AUCTION

“(Your item will be dispatched within 30 days of the Auction End Date)

“WHY? -

“We have ordered container loads of bikes straight from the manufacturer and to save on costs we want to ship to you directly from the unloading docks therefore minimizing cost of warehouse storage cost in Australia

“We are offering Pre-Order / Pre-Sales to save you money and to stay competitive!

“HOW? -

“If we were to have container loads of these stored, we would require a huge warehouse and machinery. This will then lead to a higher cost for us and directly affect the price of the product.”

The claim is continued on page 3. 



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