EBay slashes some fees as incentives for sellers
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Online auction powerhouse eBay announced this morning steep fee cuts and several other strategies, as incentives to its customers to help it stay on top.
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Sellers are defecting from eBay because its fees are high, customers are afraid of fraud, and merchants can do better on Amazon or on their own Web sites.
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Sellers uhappy with higher fees are looking to Overstock.com as an alternative.
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Online auction giant says it will cut the fees it charges to list items by 25% to 50% and increase the fees for sold items.
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Love shopping online but hate paying the shipping fees? You may be in luck.
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Online shoppers using PayPal to pay for goods on eBay (Quote, Chart) will now get up to $1,000 of coverage for non-delivery of items, thanks to an expansion of the company&#39;s buyer protection program.
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You might call it the ultimate full-circle moment: Two guys fed up with paying eBay listing fees are now selling their own alternative to the online auction business &#151; on eBay.
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Eight eBay sellers were ordered to pay nearly $90,000 (euro 70,000) in restitution and fines after admitting they bid up products online to inflate the prices.
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EBay's PayPal payment division will pay $3.5 million to consumers and $1.7 million to 28 states in settlements for two different actions regarding its notification of users regarding their rights, the company said Thursday.
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WASHINGTON: Online auction giant eBay Inc is toughening its offensive material policy by eliminating offensive words used as search criteria or in descriptions of items for sale.
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NEW YORK -- Two major insurance companies named in the New York attorney general's investigation into questionable sales practices have discontinued the use of incentive fees, which are at the center of the probe.
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InfoWorld - EBay unveiled changes to its online marketplace Tuesday that the company characterizes as sweeping and historic and that are aimed at boosting sales by making the shopping experience simpler and safer.
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EBay isn't winning a whole lot of fans with its controversial new fee structure. Sellers say the new system equates to a rate hike. The company, by contrast, estimates that 60 percent of sellers will pay less in fees, so long as they provide quality customer service.
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Online marketplace eBay on Thursday announced changes to its top management aimed at broadening the executives&#39; leadership experience.
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PayPal, the online payments arm of eBay Inc., said Friday it will soon fine people up to $500 for uses related to gambling, adult content or services, and selling prescription drugs from non-certified sellers.
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ALBANY, N.Y. -- Eight eBay sellers were ordered to pay nearly &#36;90,000 in restitution and fines after admitting they bid up products online to inflate the prices.
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Online banking and brokerage firm  E*Trade Financial Corp. ET.N on Tuesday unveiled broad cuts  to its transaction fees as part of a strategy to attract retail  investors and options traders.