Showing posts with label Alternative Payment Types. Show all posts
Showing posts with label Alternative Payment Types. Show all posts

Tuesday, May 6, 2008

eBay’s move to force payment via PayPal under review in Australia

The Australian government is investigating if eBay Australia's policy of forcing payment using PayPal, which eBay owns, or cash on delivery/pick-up, breaches trade practice and competition laws.


For more information related to this subject go to theage.com 22 April 2008 article titled: “Reserve bank could Scuttle eBay’s plans

Thursday, May 1, 2008

Alternative Payments may lower Conversion Rates

Huh? I thought the idea behind alternative payment types was to increase sales conversion. So you can imagine my surprise when I was listening to the eCommerce Checkout Report from Elastic Path, Jason Billingsley, on the Internet's Top 100 Online Retailers. It appears from their survey, that merchants that did not offer alternative payments had a significantly higher conversion rate than those that did offer them.