Topic: EBay and Bitcoin - page 4. (Read 3507 times)
Ebay never gonna accept bitcoin for sure as bitcoin is direct threat to their payment platform (paypal). If they start accepting bitcoin how they gonna handle charge back issues.
For a long time I have been reading that it's China who controls the Bitcoins market. 60-80% of sellers on eBay are from China. So my question is why don't they accept payments in Bitcoin and why they insist on the paypal only? Shouldn't they be changing according to times? Or they can't change due to regulations?
i am not satisfied with you word " only paypal" .I am not sure that from which country you are but in my country every type of payment is available at Ebay.in .
But may be soon may be they can accept bitcoin .
HI don't know about eBay. In I buy from the global site eBay. Com and there only paypal is accepted. Bitcoin is the need of the hour and I wish more and more sites added the option of Bitcoin. So far not many are accepting it, and some are yet not convinced by it. So let's see if that happens soon, not only on eBay but all sites.
For a long time I have been reading that it's China who controls the Bitcoins market. 60-80% of sellers on eBay are from China. So my question is why don't they accept payments in Bitcoin and why they insist on the paypal only? Shouldn't they be changing according to times? Or they can't change due to regulations?
i am not satisfied with you word " only paypal" .I am not sure that from which country you are but in my country every type of payment is available at Ebay.in .
But may be soon may be they can accept bitcoin .
For a long time I have been reading that it's China who controls the Bitcoins market. 60-80% of sellers on eBay are from China. So my question is why don't they accept payments in Bitcoin and why they insist on the paypal only? Shouldn't they be changing according to times? Or they can't change due to regulations?
Simply because you've read that, you can't assume it's true. There are a lot of hoaxes and speculations floating around regarding China that are reposted by journalists without verifying their validity. If you ask me, I would be very cautious interpreting the market share of the Chinese exchanges.
It's true that China controls the mining landscape. But from this fact you can't infer that Bitcoin is widely used by the average Chinese population. Even if there are a lot of users, their percentage in relation to the total population is very small. Therefore the probability that the average Chinese eBay seller is also a Bitcoiner is low.
Apart from that, eBay is restrictive regarding payment options and tries to push the use of services of its sister company PayPal.
ya.ya.yo!
the first thing is there are more paypal and usd dollar user compare to bitcoin users, ebay amazon or any big shop still haven't see the potential of bitcoin, and i think they are afraid of the negative reputation of bitcoin which will affected their reputation, but i believe one day ebay will be accepted bitcoin, if bitcoin got a good reputation and there are already a lot of people use bitcoin
I also thinking about why eBay do not accept bitcoin as payment still. China is number one by bitcoin users, but maybe cause of they are the most on eBay but not all all they don't accept bitcoin still? In many countries people just didn't hear about bitcoin, but eBay could stay for such sellers and buyers other options as payPal.
I take is that not all Chinese sellers on the internet are techno savvy. Those who are techno savvy would have tried but most buyers are still paying via other methods so they have no choice but to continue to use the "centralized" payment methods.
For a long time I have been reading that it's China who controls the Bitcoins market. 60-80% of sellers on eBay are from China. So my question is why don't they accept payments in Bitcoin and why they insist on the paypal only? Shouldn't they be changing according to times? Or they can't change due to regulations?
Most of the eBay sellers just buy goods form China and sell them on eBay.
I`m not sure that 60% of them are chinese.
They "insist to paypal only" because eBay owns Paypal.
It's true that majority of sellers are form China but using Bitcoin payment or not is probably not up to them but to ebay policy.
Besides the main payment method on ebay is PayPal and they don't accept and don't do business with Bitcoin. And that is also the question of buyers protection. How to make up to someone in Bitcoins since the transactions are irreversible?
But I think there are solutions but maybe no the will at the moment.
Besides the main payment method on ebay is PayPal and they don't accept and don't do business with Bitcoin. And that is also the question of buyers protection. How to make up to someone in Bitcoins since the transactions are irreversible?
But I think there are solutions but maybe no the will at the moment.
You can already buy Ebay Gift cards for 50% discount and use up to $1,000 of giftcards per purchase.
--localbitcoins link--
You're welcome. Just be careful on who you purchase from. If they have thousands of feedback with 100% rating
boom.
--localbitcoins link--
You're welcome. Just be careful on who you purchase from. If they have thousands of feedback with 100% rating
boom.this has nothing to do with eBay and bitcoin and what OP is asking which is sellers on eBay accepting bitcoin instead of paypal!
i believe it is mostly because of two things:
- they do not know about bitcoin, or if they do they can't use it because buyers don't know about it.
- they want the charge back feature of PayPal
maybe the reality was Ebay was not familiar with using bitcoins, or if they are, they think that most people are using Paypal since paypal was very popular and most people prefer to use paypal when buying goods on many merchants site on internet. but upon research now, paypal and ebay was now accepting bitcoins through braintree. Braintree works in partnership with Coinbase in allowing online sellers to merchants to accept bitcoin payments seamlessly.
I really doubt that 60% of ebay sellers come from china but it is true that china is one of the largest exporter specially for electronic goods. But the real reason behind ebay/amazon not accepting bitcoin payment is that bitcoin transaction can't be reversed in case of charge back or faulty products. However they can have solution like holding bitcoin till buyer get satisfied, as well as to shop with bitcoin there are several bitcoin debit cards which are accepted in all stores and can be connected to paypal and shop on ebay/amazon.
Ebay and Amazon won't accept payments in Bitcoin because Bitcoin is irreversible and there will be no buyer protection whatsoever. Do you want all the Chinese sellers to start scamming people with fake goods? Steam can allow themselves to use Bitcoin because they sell digital goods which are very easy to disable on people's accounts after asking for a refund. Physical goods and Bitcoins is a no-no.
The answer could e as simple as because they know bitcoin is much valuable than dollar. If they start sending btc to somewhere else, its like giving away money to them. The Chinese knows how to handle money that is why most of them are businessmen.
EBay and bitcoin are have difference in usage. With eBay international purchase is possible through PayPal, for which users have refund options which is not available with our bitcoin. Amazon had made a purchase access with bitcoin due to a service in collaboration with purse.io, falling years we might get the same access with eBay.
OP, I believe most people would not be comfortable with how Bitcoin has no charge back ability. The way I see it, Paypal's charge back feature is to protect the consumers but it is a disadvantage on the seller. With Bitcoin on the other hand it plays well on the side of the merchants but the buyer will be at a disadvantage. It is not really a huge problem and it is nothing a buyer - seller escrow system cannot fix.
The chargeback feature = A chance for scam the seller.I was believing if this more on regulation or I could have assumed if the important one is caused by the demand of bitcoin users.
...
eBay owns PayPal, no?
If they already own a digital payment provider, maybe they would not welcome competition.
I would really much prefer to pay for eBay items with BTC, much quicker. Quieter too.
eBay owns PayPal, no?
If they already own a digital payment provider, maybe they would not welcome competition.
I would really much prefer to pay for eBay items with BTC, much quicker. Quieter too.
The thing is eBay and paypal have split up. Bitcoin is the latest trend and it's popularity has surged. As many threads suggest here that China controls a he'll lot of btc. It's strange that thier sellers have not shifted to btc. I hope they do shift to btc soon. It will make buying really easy for me and other btc users
maybe they feel like there is not enough customers for them who are willing to buy with bitcoin and it would be understandable since bitcoin has no charge back and if you pay there is no way back even if the seller was a scammer but with paypal the buyers can have options.
For a long time I have been reading that it's China who controls the Bitcoins market. 60-80% of sellers on eBay are from China. So my question is why don't they accept payments in Bitcoin and why they insist on the paypal only? Shouldn't they be changing according to times? Or they can't change due to regulations?
The reason is that ebey is a centralized platform.And only that company decides what payment methods the buyers and sellers are allowed to use.
And right now it looks like that ebay doesn't want to use Bitcoin.
On decentralized platforms things will look different.Vendors can use whatever payment system they want.
...
eBay owns PayPal, no?
If they already own a digital payment provider, maybe they would not welcome competition.
I would really much prefer to pay for eBay items with BTC, much quicker. Quieter too.
eBay owns PayPal, no?
If they already own a digital payment provider, maybe they would not welcome competition.
I would really much prefer to pay for eBay items with BTC, much quicker. Quieter too.
The thing is eBay and paypal have split up. Bitcoin is the latest trend and it's popularity has surged. As many threads suggest here that China controls a he'll lot of btc. It's strange that thier sellers have not shifted to btc. I hope they do shift to btc soon. It will make buying really easy for me and other btc users
You can already buy Ebay Gift cards for 50% discount and use up to $1,000 of giftcards per purchase.
--localbitcoins link--
You're welcome. Just be careful on who you purchase from. If they have thousands of feedback with 100% rating boom.
--localbitcoins link--
You're welcome. Just be careful on who you purchase from. If they have thousands of feedback with 100% rating
boom.this has nothing to do with eBay and bitcoin and what OP is asking which is sellers on eBay accepting bitcoin instead of paypal!
i believe it is mostly because of two things:
- they do not know about bitcoin, or if they do they can't use it because buyers don't know about it.
- they want the charge back feature of PayPal
...
eBay owns PayPal, no?
If they already own a digital payment provider, maybe they would not welcome competition.
I would really much prefer to pay for eBay items with BTC, much quicker. Quieter too.
eBay owns PayPal, no?
If they already own a digital payment provider, maybe they would not welcome competition.
I would really much prefer to pay for eBay items with BTC, much quicker. Quieter too.
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