In what they call “A move to simplify financing”, eBay is offering PayPal financing on eligible listings over $50.00 - they are also removing other financing options that are currently available.

From the official release:

“Financing makes it more likely higher-priced listings will close successfully. While shoppers get more spending power, sellers, of course, still get the full payment up front. (The monthly payments are made to the credit issuer, GE Money, not the seller).

What’s changing
We’re going to simplify the program. Starting the week of July 9th the more popular standard buyer financing offer will automatically appear - free of charge - on listings that are currently selling for $50 or more and are from U.S.-based sellers who qualify for PayPal Buyer Protection.

Other financing options will be removed from the site, and sellers will no longer be able to select them during the listing process.”

Click Here to read the full announcement

UPS Special Pricing Program for eBay Sellers
This workshop will be held on Thursday, July 12th from 1:00 p.m. to 2:00 a.m. Pacific time. eBay sellers may be eligible to save up to 31% on UPS Shipping. If you are a new UPS customer or an existing customer not currently receiving UPS Daily Rates - this program is for you. UPS wants to earn more of your business by offering you an extremely competitive rate on your eBay packages using the PayPal label printing solution. No minimum volume requirements, no commitments. Please join us to learn more about this valuable savings program.

Workshops are hosted in discussion threads on the Workshops Board. To get to the Workshops Board:

• Go to www.ebay.com
• Click on Community at the top of the page
• Click on “Workshops” in the “Events” section
• This will bring you to the threaded Workshops Board.

Consumer Reports has done a report on the world’s largest auction site, and the results are a little confusing…

While 70% of those surveyed stated they had a positive eBay experience, almost half stated they encountered deceptions. I guess this is proof that buyers are happy with Caveat Emptor.

You can read more of the official press release on Auction Bytes