ACCC takes on eBay over proposed payment changes

by sweet east pearl | June 12, 2008 at 04:06 pm

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There will be two options in payment transaction on eBay : cash-on-delivery or payment via the online commerce website Paypal.

AUSTRALIA'S consumer watchdog has ordered auction website eBay to freeze controversial plans to cut payment options for users.

The US-based website - which estimates it has about five million Australian users and contributes $2.6 billion to the local economy - has been ordered to put payment changes on hold until the Australian Competition and Consumer Commission decides whether they are anti-competitive.

The online auction site announced in April that from June 17 it would no longer allow direct deposits, money orders or personal cheques as payment options.