According to an article on Inc., eBay will begin requiring customers to use eBay owned PayPal for all transactions on the mega-E-tailer. Effective July 1, 2011, eBay will no longer allow third party checkout transactions.
According to Inc.:
eBay claims that only about 10% of purchases made are done by third party options. In the same announcement, the online auction giant tried to throw a little oil on what will surely be turbulant waters as reactions ripple through the web. eBay says it will be upgrading its checkout system with better credit card integration, tax reporting and smoother shipping to places like Alaska and Hawaii. Yeah, yeah….
It’s long time until next July, we’ll see what the FTC has to say about this between now and then.
