View Full Version : Amazon now have a payment engine too!
kimmrunner
6th August 2007, 18:32
So EBAY banned google checkout.
But now amazon have launched a payment service too
And others are undermining paypal .
So the interesting question is how long it is before the feds file against ebay for anti competitive behaviour with paypal: just as in the long distant netscape and microsoft row.
sheffieldhitman
14th August 2007, 14:15
give it 6 months and google will just bloody buy them out right.............then rule the world
sheffieldhitman
14th August 2007, 14:18
just check the amazon payment system out.......look's like a winner!
.Spiralling.
14th August 2007, 16:58
do you have a link for it?
pws
15th August 2007, 00:58
Have a look at these two links:
http://www.amazon.com/gp/help/customer/display.html/102-4375953-6198512?ie=UTF8&nodeId=1161256
http://www.amazon.com/b?ie=UTF8&node=342430011
iLove
15th August 2007, 08:19
Amazon.com Auctions sellers pay $0.25 plus 5 percent of the total amount of the purchase (including shipping and handling)
That's not exactly cheap is it - I think it's more than paypal. I prefer Google Checkouts of the three - the exposure you get on Adwords is excellent- a great trust factor.
ken_uk
17th August 2007, 08:12
So EBAY banned google checkout.
But now amazon have launched a payment service too
And others are undermining paypal .
So the interesting question is how long it is before the feds file against ebay for anti competitive behaviour with paypal: just as in the long distant netscape and microsoft row.
If I recall, ebay banned google payments due to it being to new, and unproven/untested technology.
So.... Give it some time, and they wont have any excuse to ban it for that reason anymore, and unless they can come up with a good reason, will be forced to allow it to be used or face the inevitable consequences.
No doubt amazon payments will be banned for the same reason.
quikshop
17th August 2007, 08:29
eBay banned Google Checkout because eBay own Paypal, they don't want any competition through their auction site. You are right, Amazon will get the same treatment but for the reason I've just mentioned.
Amazon's payment gateway is primarily for their own market place, they allow 3rd party retailers to sell their own products on Amazon now :eek:
ken_uk
17th August 2007, 11:40
duplicate post. Feel free to delete this post.
ken_uk
17th August 2007, 11:43
We can speculate as to the reasons why they did it, but their official reason as far as I am aware is it does not meet the following requirement in their eyes
Whether the payment service has a substantial historical track record of providing safe and reliable financial and/or banking related services (new services without such a track record generally cannot be promoted on eBay)
There has also been talk on various sites that privacy issues were a concern.
They do allow Allpay.net, Bidpay, cash2india, CertaPay, Checkfree.com, hyperwallet.com, Moneybookers.com, Nochex.com, Ozpay.biz, Paymate.com.au, Propay.com, and XOOM as payment services, so they do let competition in.
It seems likely they would think it is not in their interest to let in competition as big as google for as long as possible, but it is a bit silly for them not to take google as a serious payment service provider, as they have been dealing with online payments for a long time. All they needed to do was extend the service a bit to offer it as they are now.
But technically, its not got a long track record in its current form, so they can get away with the ban on those grounds.
I cant wait to see what excuse they come up with when it does have a track record, how long would it normally take for something to have a 'substantial historical track record' is anyones guess (any legal / accountancy bods out there that know the typical meaning of a sentence like that?).
They no doubt will pull the same stunt with Amazon, but there is not as much pressure for them to do so, as Amazon is a lot less well known and less trusted than Google, which pretty much dominates the web. They certainly will get a lot of flack if they DONT ban Amazon, as that would prove they really were out to ban google unfairly.
The ironic thing is, Paypal operated unregulated themselves when they started out, they only recently got with the FSA, and operated for quite some time without registering or regulation (or whatever it is paypal falls under).
Plus, surely when paypal was new, it could not have had a substantial track record, and therefore should not have been allowed on ebay.... Unless they didnt have those rules back then, I wonder when they introduced those rules, was it before or after they bought paypal?
Now they are legit, I notice they have moved the head office out of England to a foreign country, no doubt probably somewhere where they are not subject to as many rules and regs or liability.
Plus regulating what a seller can use and not use for a payment service is completely at odds with their overall ethos of 'We are only a venue'.
Surely if they consistently state 'we are only a venue' and use that as a excuse for not policing what sellers do on auctions, then why make a exception for what a seller chooses to use to accept payments?
They dont mind a seller listing a fraudulent auction and to leave it up to the public to report it (at which point ebay often does nothing about it at all, other than thank you for contacting them) but not happy for the crook to get the money via google. They are happy for the crook to use paypal though.
If they are policing the choice of payment method that is used between two individuals, then they are more than just a venue.... So logically they should police the auctions too, but they just dont seem to get that point.
quikshop
18th August 2007, 13:16
I agree Ken, it makes a mockery of claiming to be a venue only service and we had soo many problems with counterfeit or 'inspired by' fashion products when in that market. Having said that, I think eBay is a brilliant marketplace, I just have issues with banning Google which uses SSL callback for additional security when as you correctly pointed out, Paypal for years operated with minimal regulation and without any fraud protection for sellers.