Ebay vs Paypal
I wonder why eBay have banned other systems except their favorite and dear PayPal. I don’t live in Australia and I don’t care for all that things but still I’m interested. They wanted to earn more money on transactions but in the end they failed. Surely, income from PayPal has grown but what about the total income? As I saw on one of the sites eBay loses its customers http://ecommerce-journal.com/news/ebay_presented_oztion_its_250_000_users. And it just the beginning. History has shown that monopoly is not a good thing. Yes, it makes more profit but the quality suffers. There is no competition, no variety… Only PayPal. Let’s take see simple example. For instance I’m a seller on eBay and I sell, let’s see…. I sell pictures. And also I have a neighbor who sells the same pictures. What should we do? The merchandise is the same, quality as well, let alone price. So, we’re equal. How to attract customers? Yes, exactly by means of some additional services. And one of such way outs is variety of payment solutions. So, if I sell money for 10 kinds of currencies and my neighbor just for PayPal I will get all the audience that does not use it, as thank goodness we have not only PayPal to pay. And what should do those who do not use PayPal but some other payment systems, such as Moneybookers, c-gold, pecunix, perfect money or something else? Should they immediately run somewhere to exchange their currency to PayPal and pay some fees for this operation? No, they’d better change the market place. How it usually happens? You come to some shop, see something you like and ask the same model but of different color. The salesman says that they haven’t any except that one and offers to buy it as according to his words you look pretty with it. Some people actually agree, but some decide to leave and to find something else that suits them mostly. The same is with eBay, I think they should change their policy as they risk staying alone one day, as the first category of users is dying and everybody fights for his or her rights.

I was a great admirer of e-gold system. It was a real Titan on the market of Internet processing. But its era was not so long and Titan turned into Titanic, a great and majestic giant that is going to the bottom. I believed that my favorite system recovers soon and will come up with a bang. I even didn’t get rid from my e-gold though all my friends were advising me.
