An anonymous reader writes: Controversial changes to payment methods on the online auction site eBay which would require all bidders and sellers to solely use Paypal as a payment method have been delayed indefinitely until the review process with the Australian Competition and Consumer Commission (ACCC) is complete.
eBay's submission to restrict the payment method of users of its site solely to the PayPal system is under review by the ACCC, who expressed concerns that the changes will allow eBay to use its massive online market share to lessen competition in the market where PayPal operates.
"PayPal currently competes with a range of other providers to supply online payment services to users of online marketplaces. If the notified conduct is allowed to go ahead, there will be no competition for the supply of such services to buyers and sellers using eBay," said ACCC chairman Graeme Samuel.
In an email to eBay users today, the online auction said that changes requiring all sellers to offer PayPal, which came into effect 21 May, 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 email said.