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Alternatives To Paypal & Ebay + Paypal in The News
10/27/2008 5:20:00 AM
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More than one in 10 Canadians who shop online have fallen victim to identity theft, with Ontarians hit the hardest, a survey released yesterday suggests.
The survey, conducted by Ipsos Reid on behalf of PayPal Canada, found that 12 per cent of all online shoppers polled in Ontario claimed they had been victims of identity theft. Albertans were second-hardest hit, with nine per cent reporting their identities stolen.
"People are doing more and more transactions online and that predisposes them to more chances of a fraudulent transaction happening," said Darrell MacMullin, country manager for PayPal Canada. "Fraud continues to evolve. Don't share information online that you don't want everyone to know."
Only eight per cent of respondents from British Columbia and Quebec were hit, while fewer than six per cent of respondents in Atlantic Canada reported having their identities stolen.
According to data from Phone Busters and the Canadian Anti-Fraud Call Centre, which is operated by the RCMP, Canadians have reported 8,048 cases of identity theft so far this year, totalling $7.3 million in losses.
In 2007, there were 9,971 cases of identity theft reported, totalling only $6.4 million in losses.
Globally, English-speaking countries have been hardest hit by identity theft, according to the study. Around 10 per cent of online shoppers in Canada, the United States and Britain reported having their identities stolen, compared to only five percent of respondents in France, Germany and Spain.
Online banking, Internet-based payment systems and social networks containing vast amounts of personal details are proving to be the newest frontiers where criminals can commit identity theft.
According to the PayPal study, more than 85 per cent of respondents are aware of identity theft. Many actively try to minimize their chances of falling victim.
Bob Spence, a spokesman for the Privacy Commissioner of Ontario said consumers should take several measures to protect themselves from identity theft.
He said consumers should conduct an annual credit check on themselves, as well as immediately report any activity they deem to be suspicious. He also said that consumers should regularly change their online passwords and be stingy when it comes to giving out personal details online.
Ebid Emerging As Serious Competitor To Ebay + No FEES EVER!!
2/24/2008 4:57:00 AM
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Okay hands up who has had enough of ebay monopolising the online auction market? Wow! that's quite a few hands! The truth is ebay in the last few months has really started to show it's nasty side. Most sellers now are really struggling to make a profit with their fees having recently just gone up - again. Many small business relied on ebay to sell their wares to a mass market, but now ebay & paypal have stuck the knife in & the fees are just too high to sustain a business let alone a profit! Ebid however has noted all the changes at ebay & have changed their terms accordingly. With so many sellers now leaving ebay in search of newer pastures, Ebid has seen a huge surge in new registered customers & rightly so. For starters they have zero listing fees & zero final value fees. This is where ebay has failed is customers by steadily incresing these fees over the years. Now it has got to a point where the sheer size of the combined fees of listing, final value & paypal fees overshadow any profit. Payment processors that ebid use are: Google Checkout (highly recommended) PPPay, & Paypal (let's not go there -right?!) If you want to start making a profit agian & have no fees ever - FOR LIFE! - I would ditch ebay today for good & switch to the rapidly growing fee-free world of Ebid.
I was so impressed with this auction site that I have even enrolled myself & paid for the seller+ option (lifetime membership with NO FEES EVER!) My username on Ebid is
edsthreads.Ebid News Update 2nd june 2008:"After the announcement of Bidville closing down it's operations, Ebid is glad to offer their users a new home in our great value auction environment.
As part of our offer Bidville users can transfer their feedback AND obtain a free Seller+ lifetime membership with Ebid, saving themselves $49.99. A Seller+ membership gives you auctions with Zero Listing Fees and Zero final value fees for life. Just email to support@ebid.net your Bidville username, a screen shot of your feedback WITHIN the My Bidville area and let us know your new eBid username. Your account will be upgraded to Seller+ and your feedback added to your account.
This is a limited time offer and will not include any other current offers related to Seller+ Lifetime memberships."Wow! things are just getting better & better at
Ebid! - let's hope they can one-day challenge Ebay & stop the monoploization of the online auction indutsry & it's associated payment processor.
VelocityClicks Scam - Do Not Sign Up To This Site
2/14/2008 8:39:00 AM
Don't even waste your time with VelocityClicks. Eric Lew the serial scammer has been up to his old tricks again. Not so long ago a PTC website called icashout.net was recently exposed as a scam & Eric Lew was behind this as well. He is also known as theyoungmc@hotmail.com or theyoungmc as one of his referal names. visit:www.payperclickwebsitereview.blogspot.com for much more useful info regarding this scam. If you want to earn money from the PTC industry I seriously recommend visiting my blog mentioned above.
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2/13/2008 6:07:00 AM
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Ebay Fee Hike Sparks Mass Exodus
2/11/2008 9:22:00 AM
Editor's note: This story was originally published Jan. 30 by CNN.Money
"If eBay's fee changes were meant to shore up market share at a time when sellers are increasingly migrating to competitors such as Amazon (AMZN, Fortune 500), initial response suggests it may do the opposite: eBay's veteran sellers are furious, with some forecasting ruin for their businesses.
"Ouch!" said Laura Ricciotti, a seller from Windsor, Ontario, about Tuesday's announcement of a new fee structure for the online auction giant.
Ricciotti said the new fees, set to go into effect Feb. 20, will pinch her already tiny margins selling children's books through her eBay (EBAY, Fortune 500) store, Read With Me Books, which began in 2000 with posts for a few auctions for baby clothes and other finds.
"Sellers need to remain competitive in their pricing to do well in eBay's global marketplace, and it will be very difficult to continue to do so and still see a profit," she said, under the new scenario."
And that was one of the gentler reactions