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***Important update regarding changes on eBay.com.au***

13 June 2008 | 05:08PM EST


eBay has released a media statement regarding the ACCC’s draft notice.

The statement reads as follows:

    ACCC draft notice undermines online consumer protection

    eBay will continue to fight for safety benefits for consumers

    13 June 2008: eBay challenges yesterday’s Australian Competition and Consumer Commission’s (ACCC) draft notice and is disappointed that the ACCC’s current view delays the opportunity to provide consumers a more secure way to shop on eBay.com.au with confidence.

    eBay intends to work with the ACCC and hopes to achieve a final outcome which has the safety and security of eBay’s members as its paramount objective. eBay will delay the removal of other payment methods from the site until Tuesday 15 July.

    PayPal offers consumers a range of payment choices, including bank transfer and credit cards. It’s a safer and easier online payment system that significantly enhances protection for eBay buyers and sellers.

    eBay is pleased to confirm that PayPal buyer protection will jump to $20,000 on eBay.com.au for purchases paid for using PayPal from Tuesday 17 June.

    eBay believes the consumer benefits of this initiative are worth fighting for on behalf of its buyers which will ultimately benefit sellers.

What does this mean for you?
PayPal Buyer Protection will still increase to $20,000 on 17 June 2008.

From 15 July 2008, the only payment methods sellers may offer on eBay.com.au will be PayPal and pay on pick up.

Selling on eBay.com.au
Current policies regarding accepted payment methods do still apply. This means PayPal is required on all listings on eBay.com.au. Other payment methods (i.e. bank deposit, cheque/money order) may also be offered until 15 July 2008.

As previously communicated any listings that do not comply with eBay’s Accepted Payments Policy will be removed.

There are a small number of categories excluded from these changes. Learn more about these exclusions.

Buying on eBay.com.au
To ensure you benefit from PayPal’s Buyer Protection Policy, eBay strongly recommends you use PayPal when paying for your purchases on eBay.com.au.

From 15 July 2008 the available payment methods will be limited to PayPal, Visa/MasterCard, or pay on pick up.

Please note that some of our onsite communications will still refer to changes taking place on 17 June 2008. These communications are being updated and should reflect the new date of 15 July 2008 within the coming days.

Regards,
The eBay team
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