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eBay to ban checks and money orders in late October

PayPalThere's no question that PayPal is one of the easiest ways to send and receive payments for items bought on eBay. But since the online auction site was founded, users were able to send checks or arrange payments via other methods if they were more convenient. Now all that's about to change.

Starting in about a month, eBay will stop allowing users to send checks or money orders as payment for items purchased on the US version of the site. You'll only be able to pay using PayPal, ProPay, credit or debit cards (if the seller has an internet merchant account), or pay for the item upon pickup.

In January, eBay will make sure all of these options are easily available in the checkout section. For example, you'll be able to enter your credit card information to complete a purchase if a seller is authorized to accept credit cards.

eBay tried to issue a PayPal-only requirement in Australia earlier this year, but regulators ruled that the move would be anti-competitive.

[via Ars Technica]

Tags: auctions, ebay, paypal, shopping

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