eBay delays its PayPal policy

According to the announcement posted today on the official site of eBay the changes to eBay.com.au scheduled for July 15 will be postponed until the review process with the Australian Competition and Consumer Commission (ACCC) regarding its recent draft notice is complete. As it was previously announced, eBay.com.au is continuing to work with the ACCC to achieve an outcome that benefits buyers and sellers.

It was said that all the changes that came into effect on 21 May 2008, requiring all sellers to offer PayPal, will remain. These changes mean that all buyers have the option of choosing PayPal, the safer payment method for shopping on eBay.com.au. Payment methods that are currently permitted will continue to be allowed on eBay.com.au until further notice.

The company says that it stands firm on improving safety and continues searching for the ways to “improve the shopping experience for buyers which will subsequently benefit both sellers and eBay”. All the recently introduced safety measures, such as PayPal Seller Protection and increased PayPal Buyer Protection (now up to $20,000) will also remain.

eBay says that it regrets “any ongoing uncertainty that this further delay may cause” and also advices the consumers to follow the ACCC process.