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R and R's new policy

I was wondering what people thought of R & R's new policy not to accept paypal or credit cards apparently due to large nos of defaults and chargebacks over the last year.

Personally I think it is a bad idea & it certainly is going to affect people living abroad that can't send them cheques .

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Permalink Reply by Mark Saurin on January 5, 2015 at 11:48am

Thanks Michelle, didn't know about this, looking into this

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Permalink Reply by michelle on January 5, 2015 at 11:54am

yes so be really careful before you bid If you live abroad ,- you can't send a cheque or cash, I think its a bad move.

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Permalink Reply by Dan Gregory on January 5, 2015 at 12:00pm

Terrible move. My brother-in-law here in NZ had an item damaged in transit and went through PayPal to get a refund so this make people think twice.

As you also say overseas bidders will not be able to pay in most cases by cheques etc but a lot of cheques and international bank transfers can take up to a month to clear from some banks.

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Permalink Reply by michelle on January 5, 2015 at 12:05pm

yep; - it will be good for USA bidders because the final prices will go down because overseas people are not really going to want to bid. Counter productive move, IMO, on their part

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Permalink Reply by A.B. on January 5, 2015 at 12:07pm

True...I won´t be able to bid anymore :-(

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Permalink Reply by michelle on January 5, 2015 at 12:15pm

Neither can I but one can still pay by cheque, wire, money order or cash, - not that that helps me .

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Permalink Reply by N.Steiger on January 5, 2015 at 12:47pm

not really, the good stuff is being bought by a couple ebay dealers and offered at double anyway. I doubt it will have much effect.

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Permalink Reply by Dan Gregory on January 5, 2015 at 12:26pm

My bet is though once they see people bid who will not pay via cash or transfer they either have to ban overseas bidders or just stop the policy.

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Permalink Reply by Rich on January 5, 2015 at 12:32pm

Seems like a move backwards. I have to think it will affect bidding significantly.

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Permalink Reply by Nate on January 5, 2015 at 12:39pm

Completely agree Rich. It will certainly make me think twice before bidding, which also means not making any of those "oh go on then" bids, which places like this rely on.

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Permalink Reply by michelle on January 5, 2015 at 1:20pm

quite. Also many people, pay by ccard for expensive items because they haven't got the cash upfront or they are waiting for payday.

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Permalink Reply by N.Steiger on January 5, 2015 at 12:48pm

What they are trying to avoid is charge backs. You can say all you want that all sales are final but Visa will charge them back at your request no matter what. It is a real mess for merchants. With a check or cash the buyer has ZERO leverage unless you take them to court, and even then....